NASDAQ: TBLT - ToughBuilt Industries, 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 = -3.42
CAGR EPS = 9.16%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 1.4 + (1.4 * 9.16% / 100) = 1.53

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) = -0.4835
Ebitda Yield = 0.5852
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 = 0.0027
Debt = 0.0054
Market Cap = 0.0057
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0057 / (0.0057 + 0.0054) = 0.5135
Weight Cost Debt = 100% - 0.5135 = 0.4865
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) = 2.75
β = -0.0374
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -0.0374 * 5.94 + 0 = 0.0253
WACC = (0.0027 / 0.0054) * (100% - 0.5135) * (1 - 0.21) + 0.0253 + 0.5135 = 39.42
Terminal Value = Discount (-0.4835 * (1 + 0.5852) / (39.42 - 0.5852)) = -0.7617
Company Value = ∑ (-0.4835 / (1 + 39.42) ^ 5) = -0.3609
Price = (Terminal Value + Company Value) / Count shares = (-0.7617 + -0.3609) / 6590000 = -170.34

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) = -0.0134
FCF Yield = 0.0156
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 = 0.0027
Debt = 0.0054
Market Cap = 0.0057
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0057 / (0.0057 + 0.0054) = 0.5135
Weight Cost Debt = 100% - 0.5135 = 0.4865
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) = 2.75
β = -0.0374
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -0.0374 * 5.94 + 0 = 0.0253
WACC = (0.0027 / 0.0054) * (100% - 0.5135) * (1 - 0.21) + 0.0253 + 0.5135 = 39.42
Terminal Value = Discount (-0.0134 * (1 + 0.0156) / (39.42 - 0.0156)) = -0.0068
Company Value = ∑ (-0.0134 / (1 + 39.42) ^ 5) = -0.0265
Price = (Terminal Value + Company Value) / Count shares = (-0.0068 + -0.0265) / 6590000 = -5.05