NYSE: RCII - Rent-A-Center, 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 = 0.2096
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 26.66 + (26.66 * 8.66% / 100) = 28.97

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) = 1.27
Ebitda Yield = 0.0278
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 = 0.0877
Debt = 1.67
Market Cap = 1.49
Weight Debt = Market Cap / (Market Cap + Debt) = 1.49 / (1.49 + 1.67) = 0.4709
Weight Cost Debt = 100% - 0.4709 = 0.5291
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 = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 0 * 5.94 + 0 = 0.0289
WACC = (0.0877 / 1.67) * (100% - 0.4709) * (1 - 0.21) + 0.0289 + 0.4709 = 4.13
Terminal Value = Discount (1.27 * (1 + 0.0278) / (4.13 - 0.0278)) = 79.3
Company Value = ∑ (1.27 / (1 + 4.13) ^ 5) = 5.34
Price = (Terminal Value + Company Value) / Count shares = (79.3 + 5.34) / 58970000 = 1435.23

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) = 0.4887
FCF Yield = 0.0859
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 = 0.0877
Debt = 1.67
Market Cap = 1.49
Weight Debt = Market Cap / (Market Cap + Debt) = 1.49 / (1.49 + 1.67) = 0.4709
Weight Cost Debt = 100% - 0.4709 = 0.5291
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 = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 0 * 5.94 + 0 = 0.0289
WACC = (0.0877 / 1.67) * (100% - 0.4709) * (1 - 0.21) + 0.0289 + 0.4709 = 4.13
Terminal Value = Discount (0.4887 * (1 + 0.0859) / (4.13 - 0.0859)) = 9.72
Company Value = ∑ (0.4887 / (1 + 4.13) ^ 5) = 1.84
Price = (Terminal Value + Company Value) / Count shares = (9.72 + 1.84) / 58970000 = 195.94