BSE: CANFINHOME - Can Fin Homes 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 = 56.38
CAGR EPS = 14.82%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 679.25 + (679.25 * 14.82% / 100) = 779.93

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) = 21.1
Ebitda Yield = 0.1071
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 = 22.28
Debt = 289.23
Market Cap = 98.03
Weight Debt = Market Cap / (Market Cap + Debt) = 98.03 / (98.03 + 289.23) = 0.2531
Weight Cost Debt = 100% - 0.2531 = 0.7469
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) = 2.82
β = 3.65
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 3.65 * 5.94 + 0 = 0.2453
WACC = (22.28 / 289.23) * (100% - 0.2531) * (1 - 0.21) + 0.2453 + 0.2531 = 6.13
Terminal Value = Discount (21.1 * (1 + 0.1071) / (6.13 - 0.1071)) = 378.66
Company Value = ∑ (21.1 / (1 + 6.13) ^ 5) = 72.11
Price = (Terminal Value + Company Value) / Count shares = (378.66 + 72.11) / 133149999 = 3385.46

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) = -34.01
FCF Yield = 0.056
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 = 22.28
Debt = 289.23
Market Cap = 98.03
Weight Debt = Market Cap / (Market Cap + Debt) = 98.03 / (98.03 + 289.23) = 0.2531
Weight Cost Debt = 100% - 0.2531 = 0.7469
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) = 2.82
β = 3.65
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 3.65 * 5.94 + 0 = 0.2453
WACC = (22.28 / 289.23) * (100% - 0.2531) * (1 - 0.21) + 0.2453 + 0.2531 = 6.13
Terminal Value = Discount (-34.01 * (1 + 0.056) / (6.13 - 0.056)) = -5040.6
Company Value = ∑ (-34.01 / (1 + 6.13) ^ 5) = -127.55
Price = (Terminal Value + Company Value) / Count shares = (-5040.6 + -127.55) / 133149999 = -38814.52