NSE: FLEXITUFF - Flexituff Ventures International 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 = -58.64
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 34.9 + (34.9 * 8.66% / 100) = 37.92

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) = -3.93
Ebitda Yield = 0.2853
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 = 0.8496
Debt = 6.72
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 6.72) = 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) = 2.39
β = 1.89
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.39 + 1.89 * 5.94 + 0 = 0.1364
WACC = (0.8496 / 6.72) * (100% - 0) * (1 - 0.21) + 0.1364 + 0 = 9.99
Terminal Value = Discount (-3.93 * (1 + 0.2853) / (9.99 - 0.2853)) = -16.91
Company Value = ∑ (-3.93 / (1 + 9.99) ^ 5) = -9.15
Price = (Terminal Value + Company Value) / Count shares = (-16.91 + -9.15) / 31290000 = -832.92

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) = 0.0191
FCF Yield = -0.2484
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 = 0.8496
Debt = 6.72
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 6.72) = 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) = 2.39
β = 1.89
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.39 + 1.89 * 5.94 + 0 = 0.1364
WACC = (0.8496 / 6.72) * (100% - 0) * (1 - 0.21) + 0.1364 + 0 = 9.99
Terminal Value = Discount (0.0191 * (1 + -0.2484) / (9.99 - -0.2484)) = 0.0256
Company Value = ∑ (0.0191 / (1 + 9.99) ^ 5) = 0.1461
Price = (Terminal Value + Company Value) / Count shares = (0.0256 + 0.1461) / 31290000 = 5.49