How to assume ROE, dividend growth rate and cost of equity for stable stage

Dear All,

I practice using Damoradan two stage PE formulas. It need to assume some parameter for stable stage like: ROE (or payout ratio), dividend growth rate and cost of equity. Because our market is frontier so I think we don’t have any mature company so I don’t how these parameter should be in stable stage. Please kindly help me how to assume these parameter.

Many many thanks

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