NASDAQ: SONM - Sonim 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 = -0.0022
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 5.3 + (5.3 * 8.66% / 100) = 5.76

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) = 0.0046
Ebitda Yield = 0.1291
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 = 1.5E-5
Debt = 5.5E-5
Market Cap = 0.041
Weight Debt = Market Cap / (Market Cap + Debt) = 0.041 / (0.041 + 5.5E-5) = 0.9987
Weight Cost Debt = 100% - 0.9987 = 0.0013
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 = 3.49
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 3.49 * 5.94 + 0 = 0.2365
WACC = (1.5E-5 / 5.5E-5) * (100% - 0.9987) * (1 - 0.21) + 0.2365 + 0.9987 = 21.57
Terminal Value = Discount (0.0046 * (1 + 0.1291) / (21.57 - 0.1291)) = 0.0226
Company Value = ∑ (0.0046 / (1 + 21.57) ^ 5) = 0.0101
Price = (Terminal Value + Company Value) / Count shares = (0.0226 + 0.0101) / 41690000 = 0.7838

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) = -0.000797
FCF Yield = -0.279
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 = 1.5E-5
Debt = 5.5E-5
Market Cap = 0.041
Weight Debt = Market Cap / (Market Cap + Debt) = 0.041 / (0.041 + 5.5E-5) = 0.9987
Weight Cost Debt = 100% - 0.9987 = 0.0013
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 = 3.49
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 3.49 * 5.94 + 0 = 0.2365
WACC = (1.5E-5 / 5.5E-5) * (100% - 0.9987) * (1 - 0.21) + 0.2365 + 0.9987 = 21.57
Terminal Value = Discount (-0.000797 * (1 + -0.279) / (21.57 - -0.279)) = -0.000437
Company Value = ∑ (-0.000797 / (1 + 21.57) ^ 5) = -0.0055
Price = (Terminal Value + Company Value) / Count shares = (-0.000437 + -0.0055) / 41690000 = -0.1429