OTC: VRNOF - Verano Holdings Corp.

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 = -0.3411
CAGR EPS = 256.41%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 3.86 + (3.86 * 256.41% / 100) = 13.76

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) = 6.46
Ebitda Yield = 0.9012
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 = 0.0598
Debt = 0.4456
Market Cap = 0.9562
Weight Debt = Market Cap / (Market Cap + Debt) = 0.9562 / (0.9562 + 0.4456) = 0.6821
Weight Cost Debt = 100% - 0.6821 = 0.3179
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) = 2.6
β = -1.1
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + -1.1 * 5.94 + 0 = -0.0395
WACC = (0.0598 / 0.4456) * (100% - 0.6821) * (1 - 0.21) + -0.0395 + 0.6821 = 10.5
Terminal Value = Discount (6.46 * (1 + 0.9012) / (10.5 - 0.9012)) = 9.36
Company Value = ∑ (6.46 / (1 + 10.5) ^ 5) = 8.74
Price = (Terminal Value + Company Value) / Count shares = (9.36 + 8.74) / 344070000 = 52.61

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) = 34.52
FCF Yield = 2.42
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 = 0.0598
Debt = 0.4456
Market Cap = 0.9562
Weight Debt = Market Cap / (Market Cap + Debt) = 0.9562 / (0.9562 + 0.4456) = 0.6821
Weight Cost Debt = 100% - 0.6821 = 0.3179
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) = 2.6
β = -1.1
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + -1.1 * 5.94 + 0 = -0.0395
WACC = (0.0598 / 0.4456) * (100% - 0.6821) * (1 - 0.21) + -0.0395 + 0.6821 = 10.5
Terminal Value = Discount (34.52 * (1 + 2.42) / (10.5 - 2.42)) = 30.94
Company Value = ∑ (34.52 / (1 + 10.5) ^ 5) = 30.83
Price = (Terminal Value + Company Value) / Count shares = (30.94 + 30.83) / 344070000 = 179.53