NASDAQ: NTNX - Nutanix

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 = -0.5098
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 65 + (65 * 8.66% / 100) = 70.62

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) = 0.332
Ebitda Yield = 0.1396
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 = 0.1694
Debt = 0.6846
Market Cap = 7.12
Weight Debt = Market Cap / (Market Cap + Debt) = 7.12 / (7.12 + 0.6846) = 0.9123
Weight Cost Debt = 100% - 0.9123 = 0.0877
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 = 1.27
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 1.27 * 5.94 + 0 = 0.1053
WACC = (0.1694 / 0.6846) * (100% - 0.9123) * (1 - 0.21) + 0.1053 + 0.9123 = 19.46
Terminal Value = Discount (0.332 * (1 + 0.1396) / (19.46 - 0.1396)) = 2.83
Company Value = ∑ (0.332 / (1 + 19.46) ^ 5) = 0.7513
Price = (Terminal Value + Company Value) / Count shares = (2.83 + 0.7513) / 244740000 = 14.61

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) = 2.02
FCF Yield = 0.2757
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 = 0.1694
Debt = 0.6846
Market Cap = 7.12
Weight Debt = Market Cap / (Market Cap + Debt) = 7.12 / (7.12 + 0.6846) = 0.9123
Weight Cost Debt = 100% - 0.9123 = 0.0877
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 = 1.27
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 1.27 * 5.94 + 0 = 0.1053
WACC = (0.1694 / 0.6846) * (100% - 0.9123) * (1 - 0.21) + 0.1053 + 0.9123 = 19.46
Terminal Value = Discount (2.02 * (1 + 0.2757) / (19.46 - 0.2757)) = 13.06
Company Value = ∑ (2.02 / (1 + 19.46) ^ 5) = 3.66
Price = (Terminal Value + Company Value) / Count shares = (13.06 + 3.66) / 244740000 = 68.28