NASDAQ: LILAK - Liberty Latin America Ltd.

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 = -3.34
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 6.98 + (6.98 * 8.66% / 100) = 7.58

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) = 0.7217
Ebitda Yield = -0.0564
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 = 0.6277
Debt = 8.17
Market Cap = 1.79
Weight Debt = Market Cap / (Market Cap + Debt) = 1.79 / (1.79 + 8.17) = 0.1798
Weight Cost Debt = 100% - 0.1798 = 0.8202
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) = 2.82
β = 0.4619
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 0.4619 * 5.94 + 0 = 0.0556
WACC = (0.6277 / 8.17) * (100% - 0.1798) * (1 - 0.21) + 0.0556 + 0.1798 = 6.07
Terminal Value = Discount (0.7217 * (1 + -0.0564) / (6.07 - -0.0564)) = 4.33
Company Value = ∑ (0.7217 / (1 + 6.07) ^ 5) = 3.44
Price = (Terminal Value + Company Value) / Count shares = (4.33 + 3.44) / 197000000 = 39.47

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) = 5.23
FCF Yield = 0.4724
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 = 0.6277
Debt = 8.17
Market Cap = 1.79
Weight Debt = Market Cap / (Market Cap + Debt) = 1.79 / (1.79 + 8.17) = 0.1798
Weight Cost Debt = 100% - 0.1798 = 0.8202
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) = 2.82
β = 0.4619
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 0.4619 * 5.94 + 0 = 0.0556
WACC = (0.6277 / 8.17) * (100% - 0.1798) * (1 - 0.21) + 0.0556 + 0.1798 = 6.07
Terminal Value = Discount (5.23 * (1 + 0.4724) / (6.07 - 0.4724)) = 13.94
Company Value = ∑ (5.23 / (1 + 6.07) ^ 5) = 11.24
Price = (Terminal Value + Company Value) / Count shares = (13.94 + 11.24) / 197000000 = 127.81