NYSE: CNDB - Concord Acquisition Corp III

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 = -0.0868
CAGR EPS = -174.18%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -174.18% / 100) = 0.7433

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) = -0.1999
Ebitda Yield = 1.1
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 = 0.0051
Debt = 3.5E-5
Market Cap = 0.1315
Weight Debt = Market Cap / (Market Cap + Debt) = 0.1315 / (0.1315 + 3.5E-5) = 0.9997
Weight Cost Debt = 100% - 0.9997 = 0.00029999999999997
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
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 0 * 5.94 + 0 = 0.0289
WACC = (0.0051 / 3.5E-5) * (100% - 0.9997) * (1 - 0.21) + 0.0289 + 0.9997 = 11396.37
Terminal Value = Discount (-0.1999 * (1 + 1.1) / (11396.37 - 1.1)) = 0
Company Value = ∑ (-0.1999 / (1 + 11396.37) ^ 5) = -9.1E-5
Price = (Terminal Value + Company Value) / Count shares = (0 + -9.1E-5) / 23000000 = -0.0039

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) = -0.0129
FCF Yield = 0.369
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 = 0.0051
Debt = 3.5E-5
Market Cap = 0.1315
Weight Debt = Market Cap / (Market Cap + Debt) = 0.1315 / (0.1315 + 3.5E-5) = 0.9997
Weight Cost Debt = 100% - 0.9997 = 0.00029999999999997
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
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 0 * 5.94 + 0 = 0.0289
WACC = (0.0051 / 3.5E-5) * (100% - 0.9997) * (1 - 0.21) + 0.0289 + 0.9997 = 11396.37
Terminal Value = Discount (-0.0129 * (1 + 0.369) / (11396.37 - 0.369)) = 0
Company Value = ∑ (-0.0129 / (1 + 11396.37) ^ 5) = -3.2E-5
Price = (Terminal Value + Company Value) / Count shares = (0 + -3.2E-5) / 23000000 = -0.0014