NYSE: INFU - InfuSystem Holdings, 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 = 0.0403
CAGR EPS = -9.21%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.0403 * (1 + -9.21%) / (0.0433 * 2) = 0.4223

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) = 0.0171
Ebitda Yield = 0.0069
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 = 0.0022
Debt = 0.0306
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0306) = 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 = 3.72
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 3.72 * 5.94 + 0 = 0.2511
WACC = (0.0022 / 0.0306) * (100% - 0) * (1 - 0.21) + 0.2511 + 0 = 5.61
Terminal Value = Discount (0.0171 * (1 + 0.0069) / (5.61 - 0.0069)) = 0.2664
Company Value = ∑ (0.0171 / (1 + 5.61) ^ 5) = 0.0717
Price = (Terminal Value + Company Value) / Count shares = (0.2664 + 0.0717) / 21650000 = 15.61

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) = 0.000187
FCF Yield = 0.1201
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 = 0.0022
Debt = 0.0306
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0306) = 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 = 3.72
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 3.72 * 5.94 + 0 = 0.2511
WACC = (0.0022 / 0.0306) * (100% - 0) * (1 - 0.21) + 0.2511 + 0 = 5.61
Terminal Value = Discount (0.000187 * (1 + 0.1201) / (5.61 - 0.1201)) = 0.0025
Company Value = ∑ (0.000187 / (1 + 5.61) ^ 5) = 0.000635
Price = (Terminal Value + Company Value) / Count shares = (0.0025 + 0.000635) / 21650000 = 0.1443