NYSE: NAPA - The Duckhorn Portfolio, 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 = 0.4534
CAGR EPS = 11.76%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.4534 * (1 + 11.76%) / (0.0433 * 2) = 5.85

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) = 0.1922
Ebitda Yield = 0.0779
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 = 0.0181
Debt = 0.3386
Market Cap = 1.46
Weight Debt = Market Cap / (Market Cap + Debt) = 1.46 / (1.46 + 0.3386) = 0.8117
Weight Cost Debt = 100% - 0.8117 = 0.1883
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 = -0.0388
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + -0.0388 * 5.94 + 0 = 0.0259
WACC = (0.0181 / 0.3386) * (100% - 0.8117) * (1 - 0.21) + 0.0259 + 0.8117 = 4.21
Terminal Value = Discount (0.1922 * (1 + 0.0779) / (4.21 - 0.0779)) = 4.71
Company Value = ∑ (0.1922 / (1 + 4.21) ^ 5) = 0.7318
Price = (Terminal Value + Company Value) / Count shares = (4.71 + 0.7318) / 123550000 = 44.03

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) = 0.000855
FCF Yield = -1.51
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 = 0.0181
Debt = 0.3386
Market Cap = 1.46
Weight Debt = Market Cap / (Market Cap + Debt) = 1.46 / (1.46 + 0.3386) = 0.8117
Weight Cost Debt = 100% - 0.8117 = 0.1883
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 = -0.0388
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + -0.0388 * 5.94 + 0 = 0.0259
WACC = (0.0181 / 0.3386) * (100% - 0.8117) * (1 - 0.21) + 0.0259 + 0.8117 = 4.21
Terminal Value = Discount (0.000855 * (1 + -1.51) / (4.21 - -1.51)) = -0.00023
Company Value = ∑ (0.000855 / (1 + 4.21) ^ 5) = 0.0081
Price = (Terminal Value + Company Value) / Count shares = (-0.00023 + 0.0081) / 123550000 = 0.0637