NASDAQ: TURN - 180 Degree Capital Corp.

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 = -1.37
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 3.99 + (3.99 * 8.66% / 100) = 4.34

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 Ebitda(5) * (1 + Ebitda Yield) / (WACC - Ebitda Yield)
Company Value = ∑ (Discount Ebitda / (1 + WACC) ^ 5)
Discount Ebitda(5) = 0.0011
Ebitda Yield = -1.61
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
Debt = 3.6E-5
Market Cap = 0.0433
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0433 / (0.0433 + 3.6E-5) = 0.9992
Weight Cost Debt = 100% - 0.9992 = 0.00080000000000002
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) = 3
β = 1.49
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 1.49 * 5.94 + 0 = 0.1187
WACC = (0 / 3.6E-5) * (100% - 0.9992) * (1 - 0.21) + 0.1187 + 0.9992 = 0.1186
Terminal Value = Discount (0.0011 * (1 + -1.61) / (0.1186 - -1.61)) = -0.000417
Company Value = ∑ (0.0011 / (1 + 0.1186) ^ 5) = 0.0056
Price = (Terminal Value + Company Value) / Count shares = (-0.000417 + 0.0056) / 10000000 = 0.515

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) = 0.000527
FCF Yield = -0.1628
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
Debt = 3.6E-5
Market Cap = 0.0433
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0433 / (0.0433 + 3.6E-5) = 0.9992
Weight Cost Debt = 100% - 0.9992 = 0.00080000000000002
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) = 3
β = 1.49
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 1.49 * 5.94 + 0 = 0.1187
WACC = (0 / 3.6E-5) * (100% - 0.9992) * (1 - 0.21) + 0.1187 + 0.9992 = 0.1186
Terminal Value = Discount (0.000527 * (1 + -0.1628) / (0.1186 - -0.1628)) = 0.0027
Company Value = ∑ (0.000527 / (1 + 0.1186) ^ 5) = 0.0039
Price = (Terminal Value + Company Value) / Count shares = (0.0027 + 0.0039) / 10000000 = 0.6545