NYSE: CYBN - Cybin 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 = -9.41
CAGR EPS = 218.51%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 5.01 + (5.01 * 218.51% / 100) = 15.94

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) = 170.73
Ebitda Yield = -5.65
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 = 0.0075
Debt = 0.000291
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.000291) = 0
Weight Cost Debt = 100% - 0 = 1
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 = -1.31
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -1.31 * 5.94 + 0 = -0.0476
WACC = (0.0075 / 0.000291) * (100% - 0) * (1 - 0.21) + -0.0476 + 0 = 2023.32
Terminal Value = Discount (170.73 * (1 + -5.65) / (2023.32 - -5.65)) = 0
Company Value = ∑ (170.73 / (1 + 2023.32) ^ 5) = 0.0141
Price = (Terminal Value + Company Value) / Count shares = (0 + 0.0141) / 185430000 = 0.0761

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) = -1321.05
FCF Yield = 6.17
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 = 0.0075
Debt = 0.000291
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.000291) = 0
Weight Cost Debt = 100% - 0 = 1
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 = -1.31
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -1.31 * 5.94 + 0 = -0.0476
WACC = (0.0075 / 0.000291) * (100% - 0) * (1 - 0.21) + -0.0476 + 0 = 2023.32
Terminal Value = Discount (-1321.05 * (1 + 6.17) / (2023.32 - 6.17)) = -0.000156
Company Value = ∑ (-1321.05 / (1 + 2023.32) ^ 5) = -0.0354
Price = (Terminal Value + Company Value) / Count shares = (-0.000156 + -0.0354) / 185430000 = -0.1915