NASDAQ: FREQ - Frequency Therapeutics, 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 = -2.33
CAGR EPS = 2.09%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 7.63 + (7.63 * 2.09% / 100) = 7.79

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) = -0.2949
Ebitda Yield = 0.2876
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 = 0.000961
Debt = 0.0429
Market Cap = 0.021
Weight Debt = Market Cap / (Market Cap + Debt) = 0.021 / (0.021 + 0.0429) = 0.3286
Weight Cost Debt = 100% - 0.3286 = 0.6714
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) = 2.75
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 0 * 5.94 + 0 = 0.0275
WACC = (0.000961 / 0.0429) * (100% - 0.3286) * (1 - 0.21) + 0.0275 + 0.3286 = 1.77
Terminal Value = Discount (-0.2949 * (1 + 0.2876) / (1.77 - 0.2876)) = -1.29
Company Value = ∑ (-0.2949 / (1 + 1.77) ^ 5) = -0.891
Price = (Terminal Value + Company Value) / Count shares = (-1.29 + -0.891) / 35080000 = -62.12

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) = 0.0084
FCF Yield = -1.69
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 = 0.000961
Debt = 0.0429
Market Cap = 0.021
Weight Debt = Market Cap / (Market Cap + Debt) = 0.021 / (0.021 + 0.0429) = 0.3286
Weight Cost Debt = 100% - 0.3286 = 0.6714
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) = 2.75
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 0 * 5.94 + 0 = 0.0275
WACC = (0.000961 / 0.0429) * (100% - 0.3286) * (1 - 0.21) + 0.0275 + 0.3286 = 1.77
Terminal Value = Discount (0.0084 * (1 + -1.69) / (1.77 - -1.69)) = -0.0031
Company Value = ∑ (0.0084 / (1 + 1.77) ^ 5) = 0.0253
Price = (Terminal Value + Company Value) / Count shares = (-0.0031 + 0.0253) / 35080000 = 0.6328