NYSE: GDOT - Green Dot Corporation

Price = EPS * (1 + CAGR EPS) / (Key Rate * Excess Key Rate)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — Nøkkelrente
Excess Key Rate — Ønsket overskridelse av styringsrenten
EPS = 0.128
CAGR EPS = -41.57%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.128 * (1 + -41.57%) / (0.0433 * 2) = 0.8637

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) = 0.0579
Ebitda Yield = -0.1048
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 = 0.003
Debt = 0.0673
Market Cap = 0.8187
Weight Debt = Market Cap / (Market Cap + Debt) = 0.8187 / (0.8187 + 0.0673) = 0.9241
Weight Cost Debt = 100% - 0.9241 = 0.0759
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 = -5.01
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -5.01 * 5.94 + 0 = -0.2674
WACC = (0.003 / 0.0673) * (100% - 0.9241) * (1 - 0.21) + -0.2674 + 0.9241 = 3.27
Terminal Value = Discount (0.0579 * (1 + -0.1048) / (3.27 - -0.1048)) = 0.3207
Company Value = ∑ (0.0579 / (1 + 3.27) ^ 5) = 0.3345
Price = (Terminal Value + Company Value) / Count shares = (0.3207 + 0.3345) / 52510000 = 12.48

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) = 0.0061
FCF Yield = -0.2245
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 = 0.003
Debt = 0.0673
Market Cap = 0.8187
Weight Debt = Market Cap / (Market Cap + Debt) = 0.8187 / (0.8187 + 0.0673) = 0.9241
Weight Cost Debt = 100% - 0.9241 = 0.0759
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 = -5.01
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -5.01 * 5.94 + 0 = -0.2674
WACC = (0.003 / 0.0673) * (100% - 0.9241) * (1 - 0.21) + -0.2674 + 0.9241 = 3.27
Terminal Value = Discount (0.0061 * (1 + -0.2245) / (3.27 - -0.2245)) = 0.0155
Company Value = ∑ (0.0061 / (1 + 3.27) ^ 5) = 0.0495
Price = (Terminal Value + Company Value) / Count shares = (0.0155 + 0.0495) / 52510000 = 1.24