NYSE: CWAN - Clearwater Analytics Holdings, Inc.

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 = -0.1083
CAGR EPS = -222.04%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -222.04% / 100) = 1.53

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) = 0.000349
Ebitda Yield = -1.49
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 = 0.0064
Debt = 0.0551
Market Cap = 3.44
Weight Debt = Market Cap / (Market Cap + Debt) = 3.44 / (3.44 + 0.0551) = 0.9842
Weight Cost Debt = 100% - 0.9842 = 0.0158
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 = 1.89
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 1.89 * 5.94 + 0 = 0.1412
WACC = (0.0064 / 0.0551) * (100% - 0.9842) * (1 - 0.21) + 0.1412 + 0.9842 = 9.22
Terminal Value = Discount (0.000349 * (1 + -1.49) / (9.22 - -1.49)) = -6.9E-5
Company Value = ∑ (0.000349 / (1 + 9.22) ^ 5) = 0.0041
Price = (Terminal Value + Company Value) / Count shares = (-6.9E-5 + 0.0041) / 199690000 = 0.0199

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) = 0.1576
FCF Yield = 0.1482
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 = 0.0064
Debt = 0.0551
Market Cap = 3.44
Weight Debt = Market Cap / (Market Cap + Debt) = 3.44 / (3.44 + 0.0551) = 0.9842
Weight Cost Debt = 100% - 0.9842 = 0.0158
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 = 1.89
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 1.89 * 5.94 + 0 = 0.1412
WACC = (0.0064 / 0.0551) * (100% - 0.9842) * (1 - 0.21) + 0.1412 + 0.9842 = 9.22
Terminal Value = Discount (0.1576 * (1 + 0.1482) / (9.22 - 0.1482)) = 2.08
Company Value = ∑ (0.1576 / (1 + 9.22) ^ 5) = 0.4599
Price = (Terminal Value + Company Value) / Count shares = (2.08 + 0.4599) / 199690000 = 12.72