NASDAQ: FARO - FARO Technologies, 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 = -2.99
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 23.78 + (23.78 * 8.66% / 100) = 25.83

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) = -0.0308
Ebitda Yield = -0.0266
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 = 0.0033
Debt = 0.0782
Market Cap = 0.3235
Weight Debt = Market Cap / (Market Cap + Debt) = 0.3235 / (0.3235 + 0.0782) = 0.8053
Weight Cost Debt = 100% - 0.8053 = 0.1947
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 = 3.71
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 3.71 * 5.94 + 0 = 0.2492
WACC = (0.0033 / 0.0782) * (100% - 0.8053) * (1 - 0.21) + 0.2492 + 0.8053 = 3.56
Terminal Value = Discount (-0.0308 * (1 + -0.0266) / (3.56 - -0.0266)) = -0.4052
Company Value = ∑ (-0.0308 / (1 + 3.56) ^ 5) = -0.1469
Price = (Terminal Value + Company Value) / Count shares = (-0.4052 + -0.1469) / 18920000 = -29.18

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) = 0.00044
FCF Yield = -1.51
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 = 0.0033
Debt = 0.0782
Market Cap = 0.3235
Weight Debt = Market Cap / (Market Cap + Debt) = 0.3235 / (0.3235 + 0.0782) = 0.8053
Weight Cost Debt = 100% - 0.8053 = 0.1947
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 = 3.71
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 3.71 * 5.94 + 0 = 0.2492
WACC = (0.0033 / 0.0782) * (100% - 0.8053) * (1 - 0.21) + 0.2492 + 0.8053 = 3.56
Terminal Value = Discount (0.00044 * (1 + -1.51) / (3.56 - -1.51)) = -0.000122
Company Value = ∑ (0.00044 / (1 + 3.56) ^ 5) = 0.0044
Price = (Terminal Value + Company Value) / Count shares = (-0.000122 + 0.0044) / 18920000 = 0.2249