NASDAQ: DIBS - 1stdibs.Com, 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 = -0.5714
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 4.16 + (4.16 * 8.66% / 100) = 4.52

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) = -0.0156
Ebitda Yield = -0.0267
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 = 1.1E-5
Debt = 0.0219
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0219) = 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 = -1.67
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -1.67 * 5.94 + 0 = -0.0705
WACC = (1.1E-5 / 0.0219) * (100% - 0) * (1 - 0.21) + -0.0705 + 0 = 0.0396
Terminal Value = Discount (-0.0156 * (1 + -0.0267) / (0.0396 - -0.0267)) = -0.5587
Company Value = ∑ (-0.0156 / (1 + 0.0396) ^ 5) = -0.0821
Price = (Terminal Value + Company Value) / Count shares = (-0.5587 + -0.0821) / 39720000 = -16.13

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) = -0.0106
FCF Yield = -0.072
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 = 1.1E-5
Debt = 0.0219
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0219) = 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 = -1.67
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -1.67 * 5.94 + 0 = -0.0705
WACC = (1.1E-5 / 0.0219) * (100% - 0) * (1 - 0.21) + -0.0705 + 0 = 0.0396
Terminal Value = Discount (-0.0106 * (1 + -0.072) / (0.0396 - -0.072)) = -0.1351
Company Value = ∑ (-0.0106 / (1 + 0.0396) ^ 5) = -0.0616
Price = (Terminal Value + Company Value) / Count shares = (-0.1351 + -0.0616) / 39720000 = -4.95