NYSE: OZ - Belpointe PREP, LLC

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 = -4.04
CAGR EPS = 155.21%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 63.57 + (63.57 * 155.21% / 100) = 162.25

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) = -1.82
Ebitda Yield = 1.94
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 = 0.0017
Debt = 0.0237
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0237) = 0
Weight Cost Debt = 100% - 0 = 1
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 = -0.4462
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -0.4462 * 5.94 + 0 = 0.0035
WACC = (0.0017 / 0.0237) * (100% - 0) * (1 - 0.21) + 0.0035 + 0 = 5.67
Terminal Value = Discount (-1.82 * (1 + 1.94) / (5.67 - 1.94)) = -2.15
Company Value = ∑ (-1.82 / (1 + 5.67) ^ 5) = -2.14
Price = (Terminal Value + Company Value) / Count shares = (-2.15 + -2.14) / 3550000 = -1207.93

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) = -8.28
FCF Yield = 3.12
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 = 0.0017
Debt = 0.0237
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0237) = 0
Weight Cost Debt = 100% - 0 = 1
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 = -0.4462
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -0.4462 * 5.94 + 0 = 0.0035
WACC = (0.0017 / 0.0237) * (100% - 0) * (1 - 0.21) + 0.0035 + 0 = 5.67
Terminal Value = Discount (-8.28 * (1 + 3.12) / (5.67 - 3.12)) = -8.45
Company Value = ∑ (-8.28 / (1 + 5.67) ^ 5) = -8.44
Price = (Terminal Value + Company Value) / Count shares = (-8.45 + -8.44) / 3550000 = -4759.07