NASDAQ: CRBU - Caribou Biosciences, 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 = -1.38
CAGR EPS = 6.07%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 3.04 + (3.04 * 6.07% / 100) = 3.22

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) = -0.3308
Ebitda Yield = 0.2407
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 = 0.0085
Debt = 0.0275
Market Cap = 0.5377
Weight Debt = Market Cap / (Market Cap + Debt) = 0.5377 / (0.5377 + 0.0275) = 0.9514
Weight Cost Debt = 100% - 0.9514 = 0.0486
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 = 6.49
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 6.49 * 5.94 + 0 = 0.414
WACC = (0.0085 / 0.0275) * (100% - 0.9514) * (1 - 0.21) + 0.414 + 0.9514 = 24.59
Terminal Value = Discount (-0.3308 * (1 + 0.2407) / (24.59 - 0.2407)) = -25.93
Company Value = ∑ (-0.3308 / (1 + 24.59) ^ 5) = -0.5556
Price = (Terminal Value + Company Value) / Count shares = (-25.93 + -0.5556) / 73810000 = -358.85

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) = -0.2701
FCF Yield = 0.2082
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 = 0.0085
Debt = 0.0275
Market Cap = 0.5377
Weight Debt = Market Cap / (Market Cap + Debt) = 0.5377 / (0.5377 + 0.0275) = 0.9514
Weight Cost Debt = 100% - 0.9514 = 0.0486
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 = 6.49
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 6.49 * 5.94 + 0 = 0.414
WACC = (0.0085 / 0.0275) * (100% - 0.9514) * (1 - 0.21) + 0.414 + 0.9514 = 24.59
Terminal Value = Discount (-0.2701 * (1 + 0.2082) / (24.59 - 0.2082)) = -2.88
Company Value = ∑ (-0.2701 / (1 + 24.59) ^ 5) = -0.4787
Price = (Terminal Value + Company Value) / Count shares = (-2.88 + -0.4787) / 73810000 = -45.51