NASDAQ: DPRO - Draganfly 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 = -0.4151
CAGR EPS = 38.05%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 2.44 + (2.44 * 38.05% / 100) = 3.36

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) = -0.0441
Ebitda Yield = 0.2339
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 = 0.0011
Debt = 0.000781
Market Cap = 0.0511
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0511 / (0.0511 + 0.000781) = 0.9849
Weight Cost Debt = 100% - 0.9849 = 0.0151
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 = -83.69
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -83.69 * 5.94 + 0 = -4.94
WACC = (0.0011 / 0.000781) * (100% - 0.9849) * (1 - 0.21) + -4.94 + 0.9849 = 105.3
Terminal Value = Discount (-0.0441 * (1 + 0.2339) / (105.3 - 0.2339)) = -0.0018
Company Value = ∑ (-0.0441 / (1 + 105.3) ^ 5) = -0.0214
Price = (Terminal Value + Company Value) / Count shares = (-0.0018 + -0.0214) / 42190000 = -0.5499

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) = -0.0295
FCF Yield = 0.1695
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 = 0.0011
Debt = 0.000781
Market Cap = 0.0511
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0511 / (0.0511 + 0.000781) = 0.9849
Weight Cost Debt = 100% - 0.9849 = 0.0151
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 = -83.69
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -83.69 * 5.94 + 0 = -4.94
WACC = (0.0011 / 0.000781) * (100% - 0.9849) * (1 - 0.21) + -4.94 + 0.9849 = 105.3
Terminal Value = Discount (-0.0295 * (1 + 0.1695) / (105.3 - 0.1695)) = -0.0011
Company Value = ∑ (-0.0295 / (1 + 105.3) ^ 5) = -0.0168
Price = (Terminal Value + Company Value) / Count shares = (-0.0011 + -0.0168) / 42190000 = -0.4236