OTC: TWMIF - Tidewater Midstream and Infrastructure 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 = -0.9071
CAGR EPS = 86.69%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.4448 + (0.4448 * 86.69% / 100) = 0.8303

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) = 0.1132
Ebitda Yield = -1.85
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 = 0.1117
Debt = 0.7521
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.7521) = 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 = -9.51
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -9.51 * 5.94 + 0 = -0.5374
WACC = (0.1117 / 0.7521) * (100% - 0) * (1 - 0.21) + -0.5374 + 0 = 11.73
Terminal Value = Discount (0.1132 * (1 + -1.85) / (11.73 - -1.85)) = -0.0281
Company Value = ∑ (0.1132 / (1 + 11.73) ^ 5) = 0.1381
Price = (Terminal Value + Company Value) / Count shares = (-0.0281 + 0.1381) / 425400000 = 0.2586

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) = -0.0753
FCF Yield = -0.1346
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 = 0.1117
Debt = 0.7521
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.7521) = 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 = -9.51
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -9.51 * 5.94 + 0 = -0.5374
WACC = (0.1117 / 0.7521) * (100% - 0) * (1 - 0.21) + -0.5374 + 0 = 11.73
Terminal Value = Discount (-0.0753 * (1 + -0.1346) / (11.73 - -0.1346)) = -0.1484
Company Value = ∑ (-0.0753 / (1 + 11.73) ^ 5) = -0.3842
Price = (Terminal Value + Company Value) / Count shares = (-0.1484 + -0.3842) / 425400000 = -1.25