NASDAQ: ADV - Advantage Solutions Inc.

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 = -0.1954
CAGR EPS = 14.34%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 3.21 + (3.21 * 14.34% / 100) = 3.66

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) = 0.2205
Ebitda Yield = -0.0604
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 = 0.1658
Debt = 1.88
Market Cap = 0.8633
Weight Debt = Market Cap / (Market Cap + Debt) = 0.8633 / (0.8633 + 1.88) = 0.3145
Weight Cost Debt = 100% - 0.3145 = 0.6855
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 = 4.82
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 4.82 * 5.94 + 0 = 0.3144
WACC = (0.1658 / 1.88) * (100% - 0.3145) * (1 - 0.21) + 0.3144 + 0.3145 = 7.04
Terminal Value = Discount (0.2205 * (1 + -0.0604) / (7.04 - -0.0604)) = 1.13
Company Value = ∑ (0.2205 / (1 + 7.04) ^ 5) = 1.04
Price = (Terminal Value + Company Value) / Count shares = (1.13 + 1.04) / 323680000 = 6.68

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) = 0.3307
FCF Yield = 0.114
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 = 0.1658
Debt = 1.88
Market Cap = 0.8633
Weight Debt = Market Cap / (Market Cap + Debt) = 0.8633 / (0.8633 + 1.88) = 0.3145
Weight Cost Debt = 100% - 0.3145 = 0.6855
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 = 4.82
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 4.82 * 5.94 + 0 = 0.3144
WACC = (0.1658 / 1.88) * (100% - 0.3145) * (1 - 0.21) + 0.3144 + 0.3145 = 7.04
Terminal Value = Discount (0.3307 * (1 + 0.114) / (7.04 - 0.114)) = 6.01
Company Value = ∑ (0.3307 / (1 + 7.04) ^ 5) = 1.09
Price = (Terminal Value + Company Value) / Count shares = (6.01 + 1.09) / 323680000 = 21.93