OTC: FDVRF - Facedrive 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 = -0.255
CAGR EPS = 0.3968%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.5526 + (0.5526 * 0.3968% / 100) = 0.5548

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) = -5.62
Ebitda Yield = 1.81
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
Debt = 0.0132
Market Cap = 0.0587
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0587 / (0.0587 + 0.0132) = 0.8164
Weight Cost Debt = 100% - 0.8164 = 0.1836
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) = 2.82
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 0 * 5.94 + 0 = 0.0282
WACC = (0 / 0.0132) * (100% - 0.8164) * (1 - 0.21) + 0.0282 + 0.8164 = 0.023
Terminal Value = Discount (-5.62 * (1 + 1.81) / (0.023 - 1.81)) = -8.72
Company Value = ∑ (-5.62 / (1 + 0.023) ^ 5) = -8.67
Price = (Terminal Value + Company Value) / Count shares = (-8.72 + -8.67) / 91000000 = -191.19

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) = -19.64
FCF Yield = 2.93
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
Debt = 0.0132
Market Cap = 0.0587
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0587 / (0.0587 + 0.0132) = 0.8164
Weight Cost Debt = 100% - 0.8164 = 0.1836
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) = 2.82
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 0 * 5.94 + 0 = 0.0282
WACC = (0 / 0.0132) * (100% - 0.8164) * (1 - 0.21) + 0.0282 + 0.8164 = 0.023
Terminal Value = Discount (-19.64 * (1 + 2.93) / (0.023 - 2.93)) = -26.31
Company Value = ∑ (-19.64 / (1 + 0.023) ^ 5) = -26.28
Price = (Terminal Value + Company Value) / Count shares = (-26.31 + -26.28) / 91000000 = -578