OTC: ARYMF - Argosy Minerals Limited

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 = -0.0076
CAGR EPS = 34.78%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 0.0758 + (0.0758 * 34.78% / 100) = 0.1022

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) = -0.0049
Ebitda Yield = 0.0693
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 = 3.6E-5
Debt = 0.000229
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.000229) = 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) = 2.75
β = -4.36
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -4.36 * 5.94 + 0 = -0.2315
WACC = (3.6E-5 / 0.000229) * (100% - 0) * (1 - 0.21) + -0.2315 + 0 = 12.29
Terminal Value = Discount (-0.0049 * (1 + 0.0693) / (12.29 - 0.0693)) = -0.0551
Company Value = ∑ (-0.0049 / (1 + 12.29) ^ 5) = -0.0153
Price = (Terminal Value + Company Value) / Count shares = (-0.0551 + -0.0153) / 1404410000 = -0.0501

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) = -0.0103
FCF Yield = 0.15
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 = 3.6E-5
Debt = 0.000229
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.000229) = 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) = 2.75
β = -4.36
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -4.36 * 5.94 + 0 = -0.2315
WACC = (3.6E-5 / 0.000229) * (100% - 0) * (1 - 0.21) + -0.2315 + 0 = 12.29
Terminal Value = Discount (-0.0103 * (1 + 0.15) / (12.29 - 0.15)) = -0.2453
Company Value = ∑ (-0.0103 / (1 + 12.29) ^ 5) = -0.0275
Price = (Terminal Value + Company Value) / Count shares = (-0.2453 + -0.0275) / 1404410000 = -0.1942