NYSE: NRGV - Energy Vault Holdings, 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 = -0.6891
CAGR EPS = 53.83%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 1.83 + (1.83 * 53.83% / 100) = 2.82

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) = -0.6711
Ebitda Yield = 0.4697
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 = 3.5E-5
Debt = 0.0019
Market Cap = 0.4486
Weight Debt = Market Cap / (Market Cap + Debt) = 0.4486 / (0.4486 + 0.0019) = 0.9959
Weight Cost Debt = 100% - 0.9959 = 0.0041
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 = 8.24
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 8.24 * 5.94 + 0 = 0.5196
WACC = (3.5E-5 / 0.0019) * (100% - 0.9959) * (1 - 0.21) + 0.5196 + 0.9959 = 1.99
Terminal Value = Discount (-0.6711 * (1 + 0.4697) / (1.99 - 0.4697)) = -1.99
Company Value = ∑ (-0.6711 / (1 + 1.99) ^ 5) = -1.67
Price = (Terminal Value + Company Value) / Count shares = (-1.99 + -1.67) / 142850000 = -25.58

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) = -0.6694
FCF Yield = 0.4031
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 = 3.5E-5
Debt = 0.0019
Market Cap = 0.4486
Weight Debt = Market Cap / (Market Cap + Debt) = 0.4486 / (0.4486 + 0.0019) = 0.9959
Weight Cost Debt = 100% - 0.9959 = 0.0041
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 = 8.24
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 8.24 * 5.94 + 0 = 0.5196
WACC = (3.5E-5 / 0.0019) * (100% - 0.9959) * (1 - 0.21) + 0.5196 + 0.9959 = 1.99
Terminal Value = Discount (-0.6694 * (1 + 0.4031) / (1.99 - 0.4031)) = -2.22
Company Value = ∑ (-0.6694 / (1 + 1.99) ^ 5) = -1.77
Price = (Terminal Value + Company Value) / Count shares = (-2.22 + -1.77) / 142850000 = -27.94