NASDAQ: AWH - Aspira Women's Health

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 = -1.81
CAGR EPS = 59.35%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 2.9 + (2.9 * 59.35% / 100) = 4.61

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) = -0.0179
Ebitda Yield = 0.0164
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 = 1.7E-5
Debt = 0.0029
Market Cap = 0.0284
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0284 / (0.0284 + 0.0029) = 0.9087
Weight Cost Debt = 100% - 0.9087 = 0.0913
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 = -4.47
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -4.47 * 5.94 + 0 = -0.2367
WACC = (1.7E-5 / 0.0029) * (100% - 0.9087) * (1 - 0.21) + -0.2367 + 0.9087 = 0.2516
Terminal Value = Discount (-0.0179 * (1 + 0.0164) / (0.2516 - 0.0164)) = -1.3
Company Value = ∑ (-0.0179 / (1 + 0.2516) ^ 5) = -0.0859
Price = (Terminal Value + Company Value) / Count shares = (-1.3 + -0.0859) / 9230000 = -149.84

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) = -0.0186
FCF Yield = 0.0318
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 = 1.7E-5
Debt = 0.0029
Market Cap = 0.0284
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0284 / (0.0284 + 0.0029) = 0.9087
Weight Cost Debt = 100% - 0.9087 = 0.0913
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 = -4.47
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -4.47 * 5.94 + 0 = -0.2367
WACC = (1.7E-5 / 0.0029) * (100% - 0.9087) * (1 - 0.21) + -0.2367 + 0.9087 = 0.2516
Terminal Value = Discount (-0.0186 * (1 + 0.0318) / (0.2516 - 0.0318)) = -0.6477
Company Value = ∑ (-0.0186 / (1 + 0.2516) ^ 5) = -0.0868
Price = (Terminal Value + Company Value) / Count shares = (-0.6477 + -0.0868) / 9230000 = -79.58