NASDAQ: THRN - Thorne HealthTech, 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 = 0.2971
CAGR EPS = 597.85%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 10.19 + (10.19 * 597.85% / 100) = 71.11

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) = -9833.83
Ebitda Yield = 2.67
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 = 2.6E-5
Debt = 0.047
Market Cap = 0.3731
Weight Debt = Market Cap / (Market Cap + Debt) = 0.3731 / (0.3731 + 0.047) = 0.8881
Weight Cost Debt = 100% - 0.8881 = 0.1119
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) = 2.6
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + 0 * 5.94 + 0 = 0.026
WACC = (2.6E-5 / 0.047) * (100% - 0.8881) * (1 - 0.21) + 0.026 + 0.8881 = 0.0664
Terminal Value = Discount (-9833.83 * (1 + 2.67) / (0.0664 - 2.67)) = -13472.49
Company Value = ∑ (-9833.83 / (1 + 0.0664) ^ 5) = -13452.25
Price = (Terminal Value + Company Value) / Count shares = (-13472.49 + -13452.25) / 52760000 = -510324.85

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) = -691977019.18
FCF Yield = 9.9
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 = 2.6E-5
Debt = 0.047
Market Cap = 0.3731
Weight Debt = Market Cap / (Market Cap + Debt) = 0.3731 / (0.3731 + 0.047) = 0.8881
Weight Cost Debt = 100% - 0.8881 = 0.1119
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) = 2.6
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + 0 * 5.94 + 0 = 0.026
WACC = (2.6E-5 / 0.047) * (100% - 0.8881) * (1 - 0.21) + 0.026 + 0.8881 = 0.0664
Terminal Value = Discount (-691977019.18 * (1 + 9.9) / (0.0664 - 9.9)) = -759413250.87
Company Value = ∑ (-691977019.18 / (1 + 0.0664) ^ 5) = -759408294.53
Price = (Terminal Value + Company Value) / Count shares = (-759413250.87 + -759408294.53) / 52760000 = -28787368184.26