NASDAQ: IVDA - Iveda Solutions, 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 = -0.2025
CAGR EPS = 7.02%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 2.01 + (2.01 * 7.02% / 100) = 2.15

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) = -0.01
Ebitda Yield = 0.2493
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
Debt = 0.000349
Market Cap = 0.0156
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0156 / (0.0156 + 0.000349) = 0.9781
Weight Cost Debt = 100% - 0.9781 = 0.0219
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 = 3.54
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 3.54 * 5.94 + 0 = 0.2404
WACC = (0 / 0.000349) * (100% - 0.9781) * (1 - 0.21) + 0.2404 + 0.9781 = 1.86
Terminal Value = Discount (-0.01 * (1 + 0.2493) / (1.86 - 0.2493)) = -0.0494
Company Value = ∑ (-0.01 / (1 + 1.86) ^ 5) = -0.0316
Price = (Terminal Value + Company Value) / Count shares = (-0.0494 + -0.0316) / 15970000 = -5.07

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) = 0.0057
FCF Yield = -2.1
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
Debt = 0.000349
Market Cap = 0.0156
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0156 / (0.0156 + 0.000349) = 0.9781
Weight Cost Debt = 100% - 0.9781 = 0.0219
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 = 3.54
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 3.54 * 5.94 + 0 = 0.2404
WACC = (0 / 0.000349) * (100% - 0.9781) * (1 - 0.21) + 0.2404 + 0.9781 = 1.86
Terminal Value = Discount (0.0057 * (1 + -2.1) / (1.86 - -2.1)) = -0.0027
Company Value = ∑ (0.0057 / (1 + 1.86) ^ 5) = 0.0045
Price = (Terminal Value + Company Value) / Count shares = (-0.0027 + 0.0045) / 15970000 = 0.1134