NASDAQ: EVCM - EverCommerce 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 = -0.2415
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 10.33 + (10.33 * 8.66% / 100) = 11.22

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) = 0.6214
Ebitda Yield = 0.4226
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 = 0.0464
Debt = 0.536
Market Cap = 1.93
Weight Debt = Market Cap / (Market Cap + Debt) = 1.93 / (1.93 + 0.536) = 0.7826
Weight Cost Debt = 100% - 0.7826 = 0.2174
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) = 3
β = -0.0264
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -0.0264 * 5.94 + 0 = 0.0284
WACC = (0.0464 / 0.536) * (100% - 0.7826) * (1 - 0.21) + 0.0284 + 0.7826 = 6.81
Terminal Value = Discount (0.6214 * (1 + 0.4226) / (6.81 - 0.4226)) = 1.79
Company Value = ∑ (0.6214 / (1 + 6.81) ^ 5) = 1.37
Price = (Terminal Value + Company Value) / Count shares = (1.79 + 1.37) / 188940000 = 16.72

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) = 0.4498
FCF Yield = 0.4072
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 = 0.0464
Debt = 0.536
Market Cap = 1.93
Weight Debt = Market Cap / (Market Cap + Debt) = 1.93 / (1.93 + 0.536) = 0.7826
Weight Cost Debt = 100% - 0.7826 = 0.2174
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) = 3
β = -0.0264
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -0.0264 * 5.94 + 0 = 0.0284
WACC = (0.0464 / 0.536) * (100% - 0.7826) * (1 - 0.21) + 0.0284 + 0.7826 = 6.81
Terminal Value = Discount (0.4498 * (1 + 0.4072) / (6.81 - 0.4072)) = 1.34
Company Value = ∑ (0.4498 / (1 + 6.81) ^ 5) = 1
Price = (Terminal Value + Company Value) / Count shares = (1.34 + 1) / 188940000 = 12.42