NASDAQ: HYMC - Hycroft Mining Holding Corporation

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 = -2.61
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 2.1 + (2.1 * 8.66% / 100) = 2.28

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) = -0.0316
Ebitda Yield = -0.0065
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 = 0.0185
Debt = 0.145
Market Cap = 0.0721
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0721 / (0.0721 + 0.145) = 0.3321
Weight Cost Debt = 100% - 0.3321 = 0.6679
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 = -1.72
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -1.72 * 5.94 + 0 = -0.0721
WACC = (0.0185 / 0.145) * (100% - 0.3321) * (1 - 0.21) + -0.0721 + 0.3321 = 10.01
Terminal Value = Discount (-0.0316 * (1 + -0.0065) / (10.01 - -0.0065)) = -0.1829
Company Value = ∑ (-0.0316 / (1 + 10.01) ^ 5) = -0.1215
Price = (Terminal Value + Company Value) / Count shares = (-0.1829 + -0.1215) / 21110000 = -14.42

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) = -0.028
FCF Yield = -0.08
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 = 0.0185
Debt = 0.145
Market Cap = 0.0721
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0721 / (0.0721 + 0.145) = 0.3321
Weight Cost Debt = 100% - 0.3321 = 0.6679
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 = -1.72
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -1.72 * 5.94 + 0 = -0.0721
WACC = (0.0185 / 0.145) * (100% - 0.3321) * (1 - 0.21) + -0.0721 + 0.3321 = 10.01
Terminal Value = Discount (-0.028 * (1 + -0.08) / (10.01 - -0.08)) = -0.0889
Company Value = ∑ (-0.028 / (1 + 10.01) ^ 5) = -0.1284
Price = (Terminal Value + Company Value) / Count shares = (-0.0889 + -0.1284) / 21110000 = -10.29