HKEX: 0924 - Khoon Group 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 = -5.2E-5
CAGR EPS = -142.61%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -142.61% / 100) = 0.000256

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 = -1.33
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 = 5.9E-5
Debt = 0.000203
Market Cap = 0.83
Weight Debt = Market Cap / (Market Cap + Debt) = 0.83 / (0.83 + 0.000203) = 0.9998
Weight Cost Debt = 100% - 0.9998 = 0.00019999999999998
Tax = 0.25
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) = -0.7
β = -0.3447
Risk Premium = 18.88
Country Premium = 0.91
Cost Of Equity = -0.7 + -0.3447 * 18.88 + 0.91 = -0.063
WACC = (5.9E-5 / 0.000203) * (100% - 0.9998) * (1 - 0.25) + -0.063 + 0.9998 = 21.52
Terminal Value = Discount (0 * (1 + -1.33) / (21.52 - -1.33)) = 0
Company Value = ∑ (0 / (1 + 21.52) ^ 5) = 0.000117
Price = (Terminal Value + Company Value) / Count shares = (0 + 0.000117) / 1000000000 = 0.000117

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) = -0.0462
FCF Yield = 0.206
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 = 5.9E-5
Debt = 0.000203
Market Cap = 0.83
Weight Debt = Market Cap / (Market Cap + Debt) = 0.83 / (0.83 + 0.000203) = 0.9998
Weight Cost Debt = 100% - 0.9998 = 0.00019999999999998
Tax = 0.25
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) = -0.7
β = -0.3447
Risk Premium = 18.88
Country Premium = 0.91
Cost Of Equity = -0.7 + -0.3447 * 18.88 + 0.91 = -0.063
WACC = (5.9E-5 / 0.000203) * (100% - 0.9998) * (1 - 0.25) + -0.063 + 0.9998 = 21.52
Terminal Value = Discount (-0.0462 * (1 + 0.206) / (21.52 - 0.206)) = -2.3
Company Value = ∑ (-0.0462 / (1 + 21.52) ^ 5) = -0.0885
Price = (Terminal Value + Company Value) / Count shares = (-2.3 + -0.0885) / 1000000000 = -2.39