NYSE: NPWR - NET Power 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 = -1.08
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 9.85 + (9.85 * 8.66% / 100) = 10.7

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) = -0.7831
Ebitda Yield = 0.4302
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
Debt = 0.0022
Market Cap = 0.8547
Weight Debt = Market Cap / (Market Cap + Debt) = 0.8547 / (0.8547 + 0.0022) = 0.9975
Weight Cost Debt = 100% - 0.9975 = 0.0024999999999999
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) = 2.89
β = 3.28
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 3.28 * 5.94 + 0 = 0.2235
WACC = (0 / 0.0022) * (100% - 0.9975) * (1 - 0.21) + 0.2235 + 0.9975 = 0.2229
Terminal Value = Discount (-0.7831 * (1 + 0.4302) / (0.2229 - 0.4302)) = -2.59
Company Value = ∑ (-0.7831 / (1 + 0.2229) ^ 5) = -2.15
Price = (Terminal Value + Company Value) / Count shares = (-2.59 + -2.15) / 71280000 = -66.48

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) = -0.1487
FCF Yield = 0.1964
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
Debt = 0.0022
Market Cap = 0.8547
Weight Debt = Market Cap / (Market Cap + Debt) = 0.8547 / (0.8547 + 0.0022) = 0.9975
Weight Cost Debt = 100% - 0.9975 = 0.0024999999999999
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) = 2.89
β = 3.28
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 3.28 * 5.94 + 0 = 0.2235
WACC = (0 / 0.0022) * (100% - 0.9975) * (1 - 0.21) + 0.2235 + 0.9975 = 0.2229
Terminal Value = Discount (-0.1487 * (1 + 0.1964) / (0.2229 - 0.1964)) = -0.9059
Company Value = ∑ (-0.1487 / (1 + 0.2229) ^ 5) = -0.5322
Price = (Terminal Value + Company Value) / Count shares = (-0.9059 + -0.5322) / 71280000 = -20.18