NSE: AGSTRA - AGS Transact Technologies Limited

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 = -6.64
CAGR EPS = -199.23%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -199.23% / 100) = 76.06

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) = 1.12
Ebitda Yield = -0.1214
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 = 1.48
Debt = 11.2
Market Cap = 6.85
Weight Debt = Market Cap / (Market Cap + Debt) = 6.85 / (6.85 + 11.2) = 0.3796
Weight Cost Debt = 100% - 0.3796 = 0.6204
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 = 4.36
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 4.36 * 5.94 + 0 = 0.2864
WACC = (1.48 / 11.2) * (100% - 0.3796) * (1 - 0.21) + 0.2864 + 0.3796 = 10.49
Terminal Value = Discount (1.12 * (1 + -0.1214) / (10.49 - -0.1214)) = 2.64
Company Value = ∑ (1.12 / (1 + 10.49) ^ 5) = 5.67
Price = (Terminal Value + Company Value) / Count shares = (2.64 + 5.67) / 122760000 = 67.74

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) = 3.86
FCF Yield = 0.0537
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 = 1.48
Debt = 11.2
Market Cap = 6.85
Weight Debt = Market Cap / (Market Cap + Debt) = 6.85 / (6.85 + 11.2) = 0.3796
Weight Cost Debt = 100% - 0.3796 = 0.6204
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 = 4.36
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 4.36 * 5.94 + 0 = 0.2864
WACC = (1.48 / 11.2) * (100% - 0.3796) * (1 - 0.21) + 0.2864 + 0.3796 = 10.49
Terminal Value = Discount (3.86 * (1 + 0.0537) / (10.49 - 0.0537)) = 48.21
Company Value = ∑ (3.86 / (1 + 10.49) ^ 5) = 12.92
Price = (Terminal Value + Company Value) / Count shares = (48.21 + 12.92) / 122760000 = 497.97