OTC: EACO - EACO Corporation

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 = 4.36
CAGR EPS = 17.57%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 38.25 + (38.25 * 17.57% / 100) = 44.96

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) = 0.0517
Ebitda Yield = 0.1233
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 = 5.9E-5
Debt = 0.0084
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0084) = 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) = 2.39
β = -1.18
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.39 + -1.18 * 5.94 + 0 = -0.0464
WACC = (5.9E-5 / 0.0084) * (100% - 0) * (1 - 0.21) + -0.0464 + 0 = 0.5537
Terminal Value = Discount (0.0517 * (1 + 0.1233) / (0.5537 - 0.1233)) = 0.4792
Company Value = ∑ (0.0517 / (1 + 0.5537) ^ 5) = 0.2038
Price = (Terminal Value + Company Value) / Count shares = (0.4792 + 0.2038) / 4860000 = 140.53

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) = 0.0596
FCF Yield = 0.3674
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 = 5.9E-5
Debt = 0.0084
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0084) = 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) = 2.39
β = -1.18
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.39 + -1.18 * 5.94 + 0 = -0.0464
WACC = (5.9E-5 / 0.0084) * (100% - 0) * (1 - 0.21) + -0.0464 + 0 = 0.5537
Terminal Value = Discount (0.0596 * (1 + 0.3674) / (0.5537 - 0.3674)) = 0.219
Company Value = ∑ (0.0596 / (1 + 0.5537) ^ 5) = 0.1719
Price = (Terminal Value + Company Value) / Count shares = (0.219 + 0.1719) / 4860000 = 80.42