NYSE: OPAD - Offerpad Solutions 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 = -4.44
CAGR EPS = 82.41%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 5.88 + (5.88 * 82.41% / 100) = 10.73

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) = -0.2359
Ebitda Yield = 0.1933
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 = 0.0189
Debt = 0.2609
Market Cap = 0.2785
Weight Debt = Market Cap / (Market Cap + Debt) = 0.2785 / (0.2785 + 0.2609) = 0.5163
Weight Cost Debt = 100% - 0.5163 = 0.4837
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 = -2.43
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -2.43 * 5.94 + 0 = -0.1152
WACC = (0.0189 / 0.2609) * (100% - 0.5163) * (1 - 0.21) + -0.1152 + 0.5163 = 5.62
Terminal Value = Discount (-0.2359 * (1 + 0.1933) / (5.62 - 0.1933)) = -1.56
Company Value = ∑ (-0.2359 / (1 + 5.62) ^ 5) = -0.7134
Price = (Terminal Value + Company Value) / Count shares = (-1.56 + -0.7134) / 26390000 = -86.21

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) = 0.8805
FCF Yield = 0.2748
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 = 0.0189
Debt = 0.2609
Market Cap = 0.2785
Weight Debt = Market Cap / (Market Cap + Debt) = 0.2785 / (0.2785 + 0.2609) = 0.5163
Weight Cost Debt = 100% - 0.5163 = 0.4837
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 = -2.43
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -2.43 * 5.94 + 0 = -0.1152
WACC = (0.0189 / 0.2609) * (100% - 0.5163) * (1 - 0.21) + -0.1152 + 0.5163 = 5.62
Terminal Value = Discount (0.8805 * (1 + 0.2748) / (5.62 - 0.2748)) = 3.91
Company Value = ∑ (0.8805 / (1 + 5.62) ^ 5) = 2.38
Price = (Terminal Value + Company Value) / Count shares = (3.91 + 2.38) / 26390000 = 238.25