BSE: ETHOSLTD - Ethos Limited

Price = EPS * (1 + CAGR EPS) / (Key Rate * Excess Key Rate)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — Nøkkelrente
Excess Key Rate — Ønsket overskridelse av styringsrenten
EPS = 34.02
CAGR EPS = 127.96%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 34.02 * (1 + 127.96%) / (0.0433 * 2) = 895.64

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) = 18.82
Ebitda Yield = 0.1351
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 = 0.1599
Debt = 0.067
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.067) = 0
Weight Cost Debt = 100% - 0 = 1
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 = 1.75
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 1.75 * 5.94 + 0 = 0.1321
WACC = (0.1599 / 0.067) * (100% - 0) * (1 - 0.21) + 0.1321 + 0 = 188.6
Terminal Value = Discount (18.82 * (1 + 0.1351) / (188.6 - 0.1351)) = 0.061
Company Value = ∑ (18.82 / (1 + 188.6) ^ 5) = 6.42
Price = (Terminal Value + Company Value) / Count shares = (0.061 + 6.42) / 24480000 = 264.56

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) = 0.0018
FCF Yield = -1.46
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 = 0.1599
Debt = 0.067
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.067) = 0
Weight Cost Debt = 100% - 0 = 1
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 = 1.75
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 1.75 * 5.94 + 0 = 0.1321
WACC = (0.1599 / 0.067) * (100% - 0) * (1 - 0.21) + 0.1321 + 0 = 188.6
Terminal Value = Discount (0.0018 * (1 + -1.46) / (188.6 - -1.46)) = 0
Company Value = ∑ (0.0018 / (1 + 188.6) ^ 5) = 0.0119
Price = (Terminal Value + Company Value) / Count shares = (0 + 0.0119) / 24480000 = 0.4842