BSE: ALOKTEXT - Alok Industries Limited

Price = Avg Price + (Avg Price * CAGR EPS% / 100)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — Nøkkelrente
Excess Key Rate — Ønsket overskridelse av styringsrenten
EPS = -1.77
CAGR EPS = -165.18%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -165.18% / 100) = 13.35

Price = (Terminal Value + Company Value) / Count shares
Price - Fair pris
Terminal Value — kostnad i perioden etter prognose
Company Value — kostnad i prognoseperioden
Count shares - Antall aksjer
Terminal Value = Discount Ebitda(5) * (1 + Ebitda Yield) / (WACC - Ebitda Yield)
Company Value = ∑ (Discount Ebitda / (1 + WACC) ^ 5)
Discount Ebitda(5) = 0
Ebitda Yield = -1.03
WACC = (Interest Expense / Debt) * (Weight Cost Debt) * (1 - Tax) + Cost Of Equity * Weight Debt
Interest Expense - Gjeldsbetjeningskostnader
Debt - Plikt
Weight Debt - Kapitaliseringsvekt i forhold til gjeld
Weight Cost Debt - Gjeldsvekt i forhold til kapitalisering
Tax - Avgift
Interest Expense = 5.01
Debt = 241.51
Market Cap = 73.88
Weight Debt = Market Cap / (Market Cap + Debt) = 73.88 / (73.88 + 241.51) = 0.2342
Weight Cost Debt = 100% - 0.2342 = 0.7658
Tax = 0.21
Cost Of Equity — diskonteringsrente
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — risikofri avkastning
β (beta) — bestemmer risikomålet for en aksje (aktiva) i forhold til markedet og viser sensitiviteten til endringer i aksjens lønnsomhet i forhold til endringer i markedslønnsomheten.
Risk Premium — risikopremie - premie for risikoen ved å investere i aksjer
Country Premium - landrisiko
k(f) = 2.89
β = 2.8
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 2.8 * 5.94 + 0 = 0.1951
WACC = (5.01 / 241.51) * (100% - 0.2342) * (1 - 0.21) + 0.1951 + 0.2342 = 1.68
Terminal Value = Discount (0 * (1 + -1.03) / (1.68 - -1.03)) = 0
Company Value = ∑ (0 / (1 + 1.68) ^ 5) = 0.0042
Price = (Terminal Value + Company Value) / Count shares = (0 + 0.0042) / 4965240000 = 0.000853

Price = (Terminal Value + Company Value) / Count shares
Price - Fair pris
Terminal Value — kostnad i perioden etter prognose
Company Value — kostnad i prognoseperioden
Count shares - Antall aksjer
Terminal Value = Discount FCF(5) * (1 + FCF Yield) / (WACC - FCF Yield)
Company Value = ∑ (Discount FCF / (1 + WACC) ^ 5)
Discount FCF(5) = 40.4
FCF Yield = 0.3934
WACC = (Interest Expense / Debt) * (Weight Cost Debt) * (1 - Tax) + Cost Of Equity * Weight Debt
Interest Expense - Gjeldsbetjeningskostnader
Debt - Plikt
Weight Debt - Kapitaliseringsvekt i forhold til gjeld
Weight Cost Debt - Gjeldsvekt i forhold til kapitalisering
Tax - Avgift
Interest Expense = 5.01
Debt = 241.51
Market Cap = 73.88
Weight Debt = Market Cap / (Market Cap + Debt) = 73.88 / (73.88 + 241.51) = 0.2342
Weight Cost Debt = 100% - 0.2342 = 0.7658
Tax = 0.21
Cost Of Equity — diskonteringsrente
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — risikofri avkastning
β (beta) — bestemmer risikomålet for en aksje (aktiva) i forhold til markedet og viser sensitiviteten til endringer i aksjens lønnsomhet i forhold til endringer i markedslønnsomheten.
Risk Premium — risikopremie - premie for risikoen ved å investere i aksjer
Country Premium - landrisiko
k(f) = 2.89
β = 2.8
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 2.8 * 5.94 + 0 = 0.1951
WACC = (5.01 / 241.51) * (100% - 0.2342) * (1 - 0.21) + 0.1951 + 0.2342 = 1.68
Terminal Value = Discount (40.4 * (1 + 0.3934) / (1.68 - 0.3934)) = 137.51
Company Value = ∑ (40.4 / (1 + 1.68) ^ 5) = 109.06
Price = (Terminal Value + Company Value) / Count shares = (137.51 + 109.06) / 4965240000 = 49.66