NASDAQ: BLDR - Builders FirstSource, 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 = 11.94
CAGR EPS = 44.43%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 164.85 + (164.85 * 44.43% / 100) = 238.09

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) = 11.26
Ebitda Yield = 0.3273
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 = 0.1921
Debt = 3.28
Market Cap = 16.77
Weight Debt = Market Cap / (Market Cap + Debt) = 16.77 / (16.77 + 3.28) = 0.8364
Weight Cost Debt = 100% - 0.8364 = 0.1636
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 = 3.64
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 3.64 * 5.94 + 0 = 0.2446
WACC = (0.1921 / 3.28) * (100% - 0.8364) * (1 - 0.21) + 0.2446 + 0.8364 = 4.79
Terminal Value = Discount (11.26 * (1 + 0.3273) / (4.79 - 0.3273)) = 42.35
Company Value = ∑ (11.26 / (1 + 4.79) ^ 5) = 29.35
Price = (Terminal Value + Company Value) / Count shares = (42.35 + 29.35) / 129000000 = 555.84

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) = 6.52
FCF Yield = 0.2892
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 = 0.1921
Debt = 3.28
Market Cap = 16.77
Weight Debt = Market Cap / (Market Cap + Debt) = 16.77 / (16.77 + 3.28) = 0.8364
Weight Cost Debt = 100% - 0.8364 = 0.1636
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 = 3.64
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 3.64 * 5.94 + 0 = 0.2446
WACC = (0.1921 / 3.28) * (100% - 0.8364) * (1 - 0.21) + 0.2446 + 0.8364 = 4.79
Terminal Value = Discount (6.52 * (1 + 0.2892) / (4.79 - 0.2892)) = 27.56
Company Value = ∑ (6.52 / (1 + 4.79) ^ 5) = 17.78
Price = (Terminal Value + Company Value) / Count shares = (27.56 + 17.78) / 129000000 = 351.53