NYSE: SIF - SIFCO Industries, 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 = -1.47
CAGR EPS = 1.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 4.27 + (4.27 * 1.66% / 100) = 4.34

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) = 3.8E-5
Ebitda Yield = -1.55
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 = 0.0013
Debt = 0.0234
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0234) = 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) = 2.89
β = 0.2189
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 0.2189 * 5.94 + 0 = 0.0419
WACC = (0.0013 / 0.0234) * (100% - 0) * (1 - 0.21) + 0.0419 + 0 = 4.54
Terminal Value = Discount (3.8E-5 * (1 + -1.55) / (4.54 - -1.55)) = -1.1E-5
Company Value = ∑ (3.8E-5 / (1 + 4.54) ^ 5) = 0.000279
Price = (Terminal Value + Company Value) / Count shares = (-1.1E-5 + 0.000279) / 5930000 = 0.0453

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) = -0.0039
FCF Yield = 0.005
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 = 0.0013
Debt = 0.0234
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0234) = 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) = 2.89
β = 0.2189
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 0.2189 * 5.94 + 0 = 0.0419
WACC = (0.0013 / 0.0234) * (100% - 0) * (1 - 0.21) + 0.0419 + 0 = 4.54
Terminal Value = Discount (-0.0039 * (1 + 0.005) / (4.54 - 0.005)) = -0.0779
Company Value = ∑ (-0.0039 / (1 + 4.54) ^ 5) = -0.017
Price = (Terminal Value + Company Value) / Count shares = (-0.0779 + -0.017) / 5930000 = -15.99