NASDAQ: SNCR - Synchronoss Technologies, 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 = -3.92
CAGR EPS = 17.11%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 8.7 + (8.7 * 17.11% / 100) = 10.18

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) = 0.0217
Ebitda Yield = 0.1574
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 = 0.0124
Debt = 0.1426
Market Cap = 0.099
Weight Debt = Market Cap / (Market Cap + Debt) = 0.099 / (0.099 + 0.1426) = 0.4097
Weight Cost Debt = 100% - 0.4097 = 0.5903
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) = 2.89
β = -2
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -2 * 5.94 + 0 = -0.0897
WACC = (0.0124 / 0.1426) * (100% - 0.4097) * (1 - 0.21) + -0.0897 + 0.4097 = 6.82
Terminal Value = Discount (0.0217 * (1 + 0.1574) / (6.82 - 0.1574)) = 0.2028
Company Value = ∑ (0.0217 / (1 + 6.82) ^ 5) = 0.067
Price = (Terminal Value + Company Value) / Count shares = (0.2028 + 0.067) / 9750000 = 27.67

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
FCF Yield = -1.3
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 = 0.0124
Debt = 0.1426
Market Cap = 0.099
Weight Debt = Market Cap / (Market Cap + Debt) = 0.099 / (0.099 + 0.1426) = 0.4097
Weight Cost Debt = 100% - 0.4097 = 0.5903
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) = 2.89
β = -2
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -2 * 5.94 + 0 = -0.0897
WACC = (0.0124 / 0.1426) * (100% - 0.4097) * (1 - 0.21) + -0.0897 + 0.4097 = 6.82
Terminal Value = Discount (0 * (1 + -1.3) / (6.82 - -1.3)) = 0
Company Value = ∑ (0 / (1 + 6.82) ^ 5) = 0.000231
Price = (Terminal Value + Company Value) / Count shares = (0 + 0.000231) / 9750000 = 0.0236