NASDAQ: LRMR - Larimar 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 = -0.8416
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 4.08 + (4.08 * 8.66% / 100) = 4.43

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) = -0.0664
Ebitda Yield = 0.0989
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 = 0.000318
Debt = 0.0055
Market Cap = 0.1354
Weight Debt = Market Cap / (Market Cap + Debt) = 0.1354 / (0.1354 + 0.0055) = 0.9607
Weight Cost Debt = 100% - 0.9607 = 0.0393
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 = -6.28
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -6.28 * 5.94 + 0 = -0.3429
WACC = (0.000318 / 0.0055) * (100% - 0.9607) * (1 - 0.21) + -0.3429 + 0.9607 = 4.16
Terminal Value = Discount (-0.0664 * (1 + 0.0989) / (4.16 - 0.0989)) = -1.04
Company Value = ∑ (-0.0664 / (1 + 4.16) ^ 5) = -0.2441
Price = (Terminal Value + Company Value) / Count shares = (-1.04 + -0.2441) / 43900000 = -29.21

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) = -0.046
FCF Yield = 0.0648
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 = 0.000318
Debt = 0.0055
Market Cap = 0.1354
Weight Debt = Market Cap / (Market Cap + Debt) = 0.1354 / (0.1354 + 0.0055) = 0.9607
Weight Cost Debt = 100% - 0.9607 = 0.0393
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 = -6.28
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -6.28 * 5.94 + 0 = -0.3429
WACC = (0.000318 / 0.0055) * (100% - 0.9607) * (1 - 0.21) + -0.3429 + 0.9607 = 4.16
Terminal Value = Discount (-0.046 * (1 + 0.0648) / (4.16 - 0.0648)) = -1.72
Company Value = ∑ (-0.046 / (1 + 4.16) ^ 5) = -0.1797
Price = (Terminal Value + Company Value) / Count shares = (-1.72 + -0.1797) / 43900000 = -43.34