NYSE: BOC - Boston Omaha Corporation

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 = -0.2253
CAGR EPS = -198.46%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -198.46% / 100) = 2.56

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) = 0.029
Ebitda Yield = 0.109
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 = 0.0011
Debt = 0.0324
Market Cap = 0.586
Weight Debt = Market Cap / (Market Cap + Debt) = 0.586 / (0.586 + 0.0324) = 0.9476
Weight Cost Debt = 100% - 0.9476 = 0.0524
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) = 2.89
β = 0.3354
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 0.3354 * 5.94 + 0 = 0.0488
WACC = (0.0011 / 0.0324) * (100% - 0.9476) * (1 - 0.21) + 0.0488 + 0.9476 = 2.82
Terminal Value = Discount (0.029 * (1 + 0.109) / (2.82 - 0.109)) = 0.3459
Company Value = ∑ (0.029 / (1 + 2.82) ^ 5) = 0.109
Price = (Terminal Value + Company Value) / Count shares = (0.3459 + 0.109) / 31090000 = 14.63

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) = 0.023
FCF Yield = -1.92
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 = 0.0011
Debt = 0.0324
Market Cap = 0.586
Weight Debt = Market Cap / (Market Cap + Debt) = 0.586 / (0.586 + 0.0324) = 0.9476
Weight Cost Debt = 100% - 0.9476 = 0.0524
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) = 2.89
β = 0.3354
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 0.3354 * 5.94 + 0 = 0.0488
WACC = (0.0011 / 0.0324) * (100% - 0.9476) * (1 - 0.21) + 0.0488 + 0.9476 = 2.82
Terminal Value = Discount (0.023 * (1 + -1.92) / (2.82 - -1.92)) = -0.0094
Company Value = ∑ (0.023 / (1 + 2.82) ^ 5) = 0.0263
Price = (Terminal Value + Company Value) / Count shares = (-0.0094 + 0.0263) / 31090000 = 0.5424