NASDAQ: MCFE - McAfee Corp.

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 = 4.99
CAGR EPS = 28.87%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 25.99 + (25.99 * 28.87% / 100) = 33.49

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) = 2.72
Ebitda Yield = 0.1881
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 = 0.221
Debt = 2.91
Market Cap = 4.89
Weight Debt = Market Cap / (Market Cap + Debt) = 4.89 / (4.89 + 2.91) = 0.6269
Weight Cost Debt = 100% - 0.6269 = 0.3731
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 = (0.221 / 2.91) * (100% - 0.6269) * (1 - 0.21) + 0.0275 + 0.6269 = 5.98
Terminal Value = Discount (2.72 * (1 + 0.1881) / (5.98 - 0.1881)) = 18.85
Company Value = ∑ (2.72 / (1 + 5.98) ^ 5) = 8.21
Price = (Terminal Value + Company Value) / Count shares = (18.85 + 8.21) / 170300000 = 158.91

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) = 0.8269
FCF Yield = 0.1099
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 = 0.221
Debt = 2.91
Market Cap = 4.89
Weight Debt = Market Cap / (Market Cap + Debt) = 4.89 / (4.89 + 2.91) = 0.6269
Weight Cost Debt = 100% - 0.6269 = 0.3731
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 = (0.221 / 2.91) * (100% - 0.6269) * (1 - 0.21) + 0.0275 + 0.6269 = 5.98
Terminal Value = Discount (0.8269 * (1 + 0.1099) / (5.98 - 0.1099)) = 13.71
Company Value = ∑ (0.8269 / (1 + 5.98) ^ 5) = 2.83
Price = (Terminal Value + Company Value) / Count shares = (13.71 + 2.83) / 170300000 = 97.08