NASDAQ: ALOT - AstroNova, Inc.

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 = 0.6262
CAGR EPS = 20.84%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.6262 * (1 + 20.84%) / (0.0433 * 2) = 8.74

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) = 0.0527
Ebitda Yield = 0.3222
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 = 0.0027
Debt = 0.0224
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0224) = 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) = 2.89
β = -1.55
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -1.55 * 5.94 + 0 = -0.0633
WACC = (0.0027 / 0.0224) * (100% - 0) * (1 - 0.21) + -0.0633 + 0 = 9.49
Terminal Value = Discount (0.0527 * (1 + 0.3222) / (9.49 - 0.3222)) = 0.1947
Company Value = ∑ (0.0527 / (1 + 9.49) ^ 5) = 0.1189
Price = (Terminal Value + Company Value) / Count shares = (0.1947 + 0.1189) / 7370000 = 42.56

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) = 0.2415
FCF Yield = 0.839
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 = 0.0027
Debt = 0.0224
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0224) = 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) = 2.89
β = -1.55
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -1.55 * 5.94 + 0 = -0.0633
WACC = (0.0027 / 0.0224) * (100% - 0) * (1 - 0.21) + -0.0633 + 0 = 9.49
Terminal Value = Discount (0.2415 * (1 + 0.839) / (9.49 - 0.839)) = 0.3792
Company Value = ∑ (0.2415 / (1 + 9.49) ^ 5) = 0.3508
Price = (Terminal Value + Company Value) / Count shares = (0.3792 + 0.3508) / 7370000 = 99.05