NSE: KIOCL - KIOCL 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 = -1.37
CAGR EPS = -214.41%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -214.41% / 100) = 18.11

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) = 0.0021
Ebitda Yield = -1.4
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 = 0.1426
Debt = 1.8
Market Cap = 116.72
Weight Debt = Market Cap / (Market Cap + Debt) = 116.72 / (116.72 + 1.8) = 0.9849
Weight Cost Debt = 100% - 0.9849 = 0.0151
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 = 3.72
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 3.72 * 5.94 + 0 = 0.2509
WACC = (0.1426 / 1.8) * (100% - 0.9849) * (1 - 0.21) + 0.2509 + 0.9849 = 6.46
Terminal Value = Discount (0.0021 * (1 + -1.4) / (6.46 - -1.4)) = -0.000418
Company Value = ∑ (0.0021 / (1 + 6.46) ^ 5) = 0.0592
Price = (Terminal Value + Company Value) / Count shares = (-0.000418 + 0.0592) / 607750000 = 0.0968

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) = -0.0244
FCF Yield = -0.2207
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 = 0.1426
Debt = 1.8
Market Cap = 116.72
Weight Debt = Market Cap / (Market Cap + Debt) = 116.72 / (116.72 + 1.8) = 0.9849
Weight Cost Debt = 100% - 0.9849 = 0.0151
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 = 3.72
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 3.72 * 5.94 + 0 = 0.2509
WACC = (0.1426 / 1.8) * (100% - 0.9849) * (1 - 0.21) + 0.2509 + 0.9849 = 6.46
Terminal Value = Discount (-0.0244 * (1 + -0.2207) / (6.46 - -0.2207)) = -0.0488
Company Value = ∑ (-0.0244 / (1 + 6.46) ^ 5) = -0.1834
Price = (Terminal Value + Company Value) / Count shares = (-0.0488 + -0.1834) / 607750000 = -0.382