NYSE: VLN - Valens Semiconductor Ltd.

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 = -0.1928
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 2.84 + (2.84 * 8.66% / 100) = 3.09

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) = -0.0257
Ebitda Yield = 0.0033
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 = 0.0026
Debt = 0.002
Market Cap = 0.2495
Weight Debt = Market Cap / (Market Cap + Debt) = 0.2495 / (0.2495 + 0.002) = 0.9922
Weight Cost Debt = 100% - 0.9922 = 0.0078
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 = 3.14
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 3.14 * 5.94 + 0 = 0.2166
WACC = (0.0026 / 0.002) * (100% - 0.9922) * (1 - 0.21) + 0.2166 + 0.9922 = 104.18
Terminal Value = Discount (-0.0257 * (1 + 0.0033) / (104.18 - 0.0033)) = -0.0007
Company Value = ∑ (-0.0257 / (1 + 104.18) ^ 5) = -0.0237
Price = (Terminal Value + Company Value) / Count shares = (-0.0007 + -0.0237) / 101990000 = -0.2395

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) = -0.0032
FCF Yield = -0.1601
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 = 0.0026
Debt = 0.002
Market Cap = 0.2495
Weight Debt = Market Cap / (Market Cap + Debt) = 0.2495 / (0.2495 + 0.002) = 0.9922
Weight Cost Debt = 100% - 0.9922 = 0.0078
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 = 3.14
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 3.14 * 5.94 + 0 = 0.2166
WACC = (0.0026 / 0.002) * (100% - 0.9922) * (1 - 0.21) + 0.2166 + 0.9922 = 104.18
Terminal Value = Discount (-0.0032 * (1 + -0.1601) / (104.18 - -0.1601)) = -6.2E-5
Company Value = ∑ (-0.0032 / (1 + 104.18) ^ 5) = -0.0052
Price = (Terminal Value + Company Value) / Count shares = (-6.2E-5 + -0.0052) / 101990000 = -0.0517