NYSE: GXO - GXO Logistics, Inc.

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 = 1.92
CAGR EPS = 29.81%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 1.92 * (1 + 29.81%) / (0.0433 * 2) = 28.73

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) = 0.9436
Ebitda Yield = 0.0677
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 = 0.099
Debt = 2.24
Market Cap = 7.33
Weight Debt = Market Cap / (Market Cap + Debt) = 7.33 / (7.33 + 2.24) = 0.7656
Weight Cost Debt = 100% - 0.7656 = 0.2344
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) = 2.82
β = 3.86
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 3.86 * 5.94 + 0 = 0.2574
WACC = (0.099 / 2.24) * (100% - 0.7656) * (1 - 0.21) + 0.2574 + 0.7656 = 3.66
Terminal Value = Discount (0.9436 * (1 + 0.0677) / (3.66 - 0.0677)) = 27.03
Company Value = ∑ (0.9436 / (1 + 3.66) ^ 5) = 3.72
Price = (Terminal Value + Company Value) / Count shares = (27.03 + 3.72) / 119490000 = 257.32

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) = 1.19
FCF Yield = 0.3326
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 = 0.099
Debt = 2.24
Market Cap = 7.33
Weight Debt = Market Cap / (Market Cap + Debt) = 7.33 / (7.33 + 2.24) = 0.7656
Weight Cost Debt = 100% - 0.7656 = 0.2344
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) = 2.82
β = 3.86
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 3.86 * 5.94 + 0 = 0.2574
WACC = (0.099 / 2.24) * (100% - 0.7656) * (1 - 0.21) + 0.2574 + 0.7656 = 3.66
Terminal Value = Discount (1.19 * (1 + 0.3326) / (3.66 - 0.3326)) = 4.49
Company Value = ∑ (1.19 / (1 + 3.66) ^ 5) = 3.21
Price = (Terminal Value + Company Value) / Count shares = (4.49 + 3.21) / 119490000 = 64.45