NASDAQ: RXDX - Prometheus Biosciences, 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 = -3.38
CAGR EPS = 21.61%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 199.92 + (199.92 * 21.61% / 100) = 243.13

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) = -1.1
Ebitda Yield = 0.4701
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 = 0.0047
Debt = 0.0295
Market Cap = 9.56
Weight Debt = Market Cap / (Market Cap + Debt) = 9.56 / (9.56 + 0.0295) = 0.9969
Weight Cost Debt = 100% - 0.9969 = 0.0031
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
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 0 * 5.94 + 0 = 0.0282
WACC = (0.0047 / 0.0295) * (100% - 0.9969) * (1 - 0.21) + 0.0282 + 0.9969 = 12.49
Terminal Value = Discount (-1.1 * (1 + 0.4701) / (12.49 - 0.4701)) = -2.61
Company Value = ∑ (-1.1 / (1 + 12.49) ^ 5) = -1.92
Price = (Terminal Value + Company Value) / Count shares = (-2.61 + -1.92) / 40620000 = -111.56

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) = -0.6627
FCF Yield = 0.3733
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 = 0.0047
Debt = 0.0295
Market Cap = 9.56
Weight Debt = Market Cap / (Market Cap + Debt) = 9.56 / (9.56 + 0.0295) = 0.9969
Weight Cost Debt = 100% - 0.9969 = 0.0031
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
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 0 * 5.94 + 0 = 0.0282
WACC = (0.0047 / 0.0295) * (100% - 0.9969) * (1 - 0.21) + 0.0282 + 0.9969 = 12.49
Terminal Value = Discount (-0.6627 * (1 + 0.3733) / (12.49 - 0.3733)) = -2.03
Company Value = ∑ (-0.6627 / (1 + 12.49) ^ 5) = -1.28
Price = (Terminal Value + Company Value) / Count shares = (-2.03 + -1.28) / 40620000 = -81.69