NASDAQ: TARA - Protara Therapeutics, 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 = -3.57
CAGR EPS = 7.2%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 3.63 + (3.63 * 7.2% / 100) = 3.89

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) = -0.1016
Ebitda Yield = 0.1862
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 = 0.0011
Debt = 0.0055
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0055) = 0
Weight Cost Debt = 100% - 0 = 1
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 = 12.63
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 12.63 * 5.94 + 0 = 0.7789
WACC = (0.0011 / 0.0055) * (100% - 0) * (1 - 0.21) + 0.7789 + 0 = 15.9
Terminal Value = Discount (-0.1016 * (1 + 0.1862) / (15.9 - 0.1862)) = -2.12
Company Value = ∑ (-0.1016 / (1 + 15.9) ^ 5) = -0.2321
Price = (Terminal Value + Company Value) / Count shares = (-2.12 + -0.2321) / 11330000 = -207.28

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) = -0.0765
FCF Yield = 0.1527
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 = 0.0011
Debt = 0.0055
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0055) = 0
Weight Cost Debt = 100% - 0 = 1
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 = 12.63
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 12.63 * 5.94 + 0 = 0.7789
WACC = (0.0011 / 0.0055) * (100% - 0) * (1 - 0.21) + 0.7789 + 0 = 15.9
Terminal Value = Discount (-0.0765 * (1 + 0.1527) / (15.9 - 0.1527)) = -6.74
Company Value = ∑ (-0.0765 / (1 + 15.9) ^ 5) = -0.185
Price = (Terminal Value + Company Value) / Count shares = (-6.74 + -0.185) / 11330000 = -610.88