NASDAQ: MQ - Marqeta, 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 = -0.4187
CAGR EPS = 10%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 5.59 + (5.59 * 10% / 100) = 6.14

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) = -1.02
Ebitda Yield = 0.3012
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 = 0.0249
Debt = 0.0169
Market Cap = 3.04
Weight Debt = Market Cap / (Market Cap + Debt) = 3.04 / (3.04 + 0.0169) = 0.9945
Weight Cost Debt = 100% - 0.9945 = 0.0054999999999999
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 = -6.13
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -6.13 * 5.94 + 0 = -0.3342
WACC = (0.0249 / 0.0169) * (100% - 0.9945) * (1 - 0.21) + -0.3342 + 0.9945 = 114.73
Terminal Value = Discount (-1.02 * (1 + 0.3012) / (114.73 - 0.3012)) = -0.0342
Company Value = ∑ (-1.02 / (1 + 114.73) ^ 5) = -0.3845
Price = (Terminal Value + Company Value) / Count shares = (-0.0342 + -0.3845) / 532540000 = -0.7864

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) = 0.0174
FCF Yield = 0.1549
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 = 0.0249
Debt = 0.0169
Market Cap = 3.04
Weight Debt = Market Cap / (Market Cap + Debt) = 3.04 / (3.04 + 0.0169) = 0.9945
Weight Cost Debt = 100% - 0.9945 = 0.0054999999999999
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 = -6.13
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -6.13 * 5.94 + 0 = -0.3342
WACC = (0.0249 / 0.0169) * (100% - 0.9945) * (1 - 0.21) + -0.3342 + 0.9945 = 114.73
Terminal Value = Discount (0.0174 * (1 + 0.1549) / (114.73 - 0.1549)) = 0.000443
Company Value = ∑ (0.0174 / (1 + 114.73) ^ 5) = 0.0094
Price = (Terminal Value + Company Value) / Count shares = (0.000443 + 0.0094) / 532540000 = 0.0185