NYSE: NETI - Eneti Inc.

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 = 15.4
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 11.33 + (11.33 * 8.66% / 100) = 12.31

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) = 0.1284
Ebitda Yield = -0.0095
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 = 0.0021
Debt = 0.0643
Market Cap = 0.4247
Weight Debt = Market Cap / (Market Cap + Debt) = 0.4247 / (0.4247 + 0.0643) = 0.8685
Weight Cost Debt = 100% - 0.8685 = 0.1315
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) = 2.39
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.39 + 0 * 5.94 + 0 = 0.0239
WACC = (0.0021 / 0.0643) * (100% - 0.8685) * (1 - 0.21) + 0.0239 + 0.8685 = 2.58
Terminal Value = Discount (0.1284 * (1 + -0.0095) / (2.58 - -0.0095)) = 3.17
Company Value = ∑ (0.1284 / (1 + 2.58) ^ 5) = 0.607
Price = (Terminal Value + Company Value) / Count shares = (3.17 + 0.607) / 6810000 = 554.95

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) = 0.000271
FCF Yield = -1.46
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 = 0.0021
Debt = 0.0643
Market Cap = 0.4247
Weight Debt = Market Cap / (Market Cap + Debt) = 0.4247 / (0.4247 + 0.0643) = 0.8685
Weight Cost Debt = 100% - 0.8685 = 0.1315
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) = 2.39
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.39 + 0 * 5.94 + 0 = 0.0239
WACC = (0.0021 / 0.0643) * (100% - 0.8685) * (1 - 0.21) + 0.0239 + 0.8685 = 2.58
Terminal Value = Discount (0.000271 * (1 + -1.46) / (2.58 - -1.46)) = -7.4E-5
Company Value = ∑ (0.000271 / (1 + 2.58) ^ 5) = 0.0041
Price = (Terminal Value + Company Value) / Count shares = (-7.4E-5 + 0.0041) / 6810000 = 0.5946