OTC: AKCCF - Aker Carbon Capture ASA

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 = -0.2827
CAGR EPS = 31.37%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.9232 + (0.9232 * 31.37% / 100) = 1.21

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 Ebitda(5) * (1 + Ebitda Yield) / (WACC - Ebitda Yield)
Company Value = ∑ (Discount Ebitda / (1 + WACC) ^ 5)
Discount Ebitda(5) = -0.5716
Ebitda Yield = 0.3011
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 = 0.0015
Debt = 0.0414
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0414) = 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 = -1.26
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -1.26 * 5.94 + 0 = -0.0447
WACC = (0.0015 / 0.0414) * (100% - 0) * (1 - 0.21) + -0.0447 + 0 = 2.9
Terminal Value = Discount (-0.5716 * (1 + 0.3011) / (2.9 - 0.3011)) = -2.37
Company Value = ∑ (-0.5716 / (1 + 2.9) ^ 5) = -1.64
Price = (Terminal Value + Company Value) / Count shares = (-2.37 + -1.64) / 604240000 = -6.63

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) = 0.0719
FCF Yield = 0.2412
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 = 0.0015
Debt = 0.0414
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0414) = 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 = -1.26
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -1.26 * 5.94 + 0 = -0.0447
WACC = (0.0015 / 0.0414) * (100% - 0) * (1 - 0.21) + -0.0447 + 0 = 2.9
Terminal Value = Discount (0.0719 * (1 + 0.2412) / (2.9 - 0.2412)) = 0.3646
Company Value = ∑ (0.0719 / (1 + 2.9) ^ 5) = 0.2218
Price = (Terminal Value + Company Value) / Count shares = (0.3646 + 0.2218) / 604240000 = 0.9706