NYSE: FOXF - Fox Factory Holding Corp.

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 = 2.85
CAGR EPS = 3.67%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 46.49 + (46.49 * 3.67% / 100) = 48.19

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) = 0.3539
Ebitda Yield = 0.1032
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 = 0.0193
Debt = 0.7576
Market Cap = 4.42
Weight Debt = Market Cap / (Market Cap + Debt) = 4.42 / (4.42 + 0.7576) = 0.8537
Weight Cost Debt = 100% - 0.8537 = 0.1463
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 = -3.7
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -3.7 * 5.94 + 0 = -0.1908
WACC = (0.0193 / 0.7576) * (100% - 0.8537) * (1 - 0.21) + -0.1908 + 0.8537 = 1.83
Terminal Value = Discount (0.3539 * (1 + 0.1032) / (1.83 - 0.1032)) = 4.2
Company Value = ∑ (0.3539 / (1 + 1.83) ^ 5) = 1.39
Price = (Terminal Value + Company Value) / Count shares = (4.2 + 1.39) / 42380000 = 131.86

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) = 0.5959
FCF Yield = 0.352
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 = 0.0193
Debt = 0.7576
Market Cap = 4.42
Weight Debt = Market Cap / (Market Cap + Debt) = 4.42 / (4.42 + 0.7576) = 0.8537
Weight Cost Debt = 100% - 0.8537 = 0.1463
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 = -3.7
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -3.7 * 5.94 + 0 = -0.1908
WACC = (0.0193 / 0.7576) * (100% - 0.8537) * (1 - 0.21) + -0.1908 + 0.8537 = 1.83
Terminal Value = Discount (0.5959 * (1 + 0.352) / (1.83 - 0.352)) = 2.2
Company Value = ∑ (0.5959 / (1 + 1.83) ^ 5) = 1.67
Price = (Terminal Value + Company Value) / Count shares = (2.2 + 1.67) / 42380000 = 91.43