NASDAQ: BHAT - Fujian Blue Hat Interactive Entertainment Technology Ltd.

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 = -0.8979
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.5825 + (0.5825 * 8.66% / 100) = 0.6329

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) = 0.0079
Ebitda Yield = -1.77
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 = 0.000222
Debt = 0.0013
Market Cap = 0.0129
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0129 / (0.0129 + 0.0013) = 0.9056
Weight Cost Debt = 100% - 0.9056 = 0.0944
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) = 2.75
β = -7.72
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -7.72 * 5.94 + 0 = -0.4309
WACC = (0.000222 / 0.0013) * (100% - 0.9056) * (1 - 0.21) + -0.4309 + 0.9056 = 12.54
Terminal Value = Discount (0.0079 * (1 + -1.77) / (12.54 - -1.77)) = -0.0018
Company Value = ∑ (0.0079 / (1 + 12.54) ^ 5) = 0.0133
Price = (Terminal Value + Company Value) / Count shares = (-0.0018 + 0.0133) / 29720000 = 0.3893

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) = 4.2E-5
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 = 0.000222
Debt = 0.0013
Market Cap = 0.0129
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0129 / (0.0129 + 0.0013) = 0.9056
Weight Cost Debt = 100% - 0.9056 = 0.0944
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) = 2.75
β = -7.72
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -7.72 * 5.94 + 0 = -0.4309
WACC = (0.000222 / 0.0013) * (100% - 0.9056) * (1 - 0.21) + -0.4309 + 0.9056 = 12.54
Terminal Value = Discount (4.2E-5 * (1 + -1.46) / (12.54 - -1.46)) = 0
Company Value = ∑ (4.2E-5 / (1 + 12.54) ^ 5) = 0.000616
Price = (Terminal Value + Company Value) / Count shares = (0 + 0.000616) / 29720000 = 0.0205