NSE: UGROCAP - UGRO Capital 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 = 13.2
CAGR EPS = 35.7%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 214.22 + (214.22 * 35.7% / 100) = 290.68

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) = 69.56
Ebitda Yield = 0.9962
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 = 0.0536
Debt = 46.53
Market Cap = 21.21
Weight Debt = Market Cap / (Market Cap + Debt) = 21.21 / (21.21 + 46.53) = 0.3131
Weight Cost Debt = 100% - 0.3131 = 0.6869
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) = 2.82
β = 5.03
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 5.03 * 5.94 + 0 = 0.3273
WACC = (0.0536 / 46.53) * (100% - 0.3131) * (1 - 0.21) + 0.3273 + 0.3131 = 0.1931
Terminal Value = Discount (69.56 * (1 + 0.9962) / (0.1931 - 0.9962)) = 138.32
Company Value = ∑ (69.56 / (1 + 0.1931) ^ 5) = 133.91
Price = (Terminal Value + Company Value) / Count shares = (138.32 + 133.91) / 90380000 = 3012.08

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) = -27.04
FCF Yield = 0.1141
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 = 0.0536
Debt = 46.53
Market Cap = 21.21
Weight Debt = Market Cap / (Market Cap + Debt) = 21.21 / (21.21 + 46.53) = 0.3131
Weight Cost Debt = 100% - 0.3131 = 0.6869
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) = 2.82
β = 5.03
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 5.03 * 5.94 + 0 = 0.3273
WACC = (0.0536 / 46.53) * (100% - 0.3131) * (1 - 0.21) + 0.3273 + 0.3131 = 0.1931
Terminal Value = Discount (-27.04 * (1 + 0.1141) / (0.1931 - 0.1141)) = -265.97
Company Value = ∑ (-27.04 / (1 + 0.1931) ^ 5) = -109.52
Price = (Terminal Value + Company Value) / Count shares = (-265.97 + -109.52) / 90380000 = -4154.6