TSE: 7383 - Net Protections Holdings, 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 = -8.55
CAGR EPS = 5.58%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 315 + (315 * 5.58% / 100) = 332.58

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) = 1.33
Ebitda Yield = 0.0549
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 = 0.194
Debt = 8.51
Market Cap = 32.76
Weight Debt = Market Cap / (Market Cap + Debt) = 32.76 / (32.76 + 8.51) = 0.7939
Weight Cost Debt = 100% - 0.7939 = 0.2061
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 = 12.8
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 12.8 * 5.94 + 0 = 0.7878
WACC = (0.194 / 8.51) * (100% - 0.7939) * (1 - 0.21) + 0.7878 + 0.7939 = 2.41
Terminal Value = Discount (1.33 * (1 + 0.0549) / (2.41 - 0.0549)) = 40.56
Company Value = ∑ (1.33 / (1 + 2.41) ^ 5) = 5.58
Price = (Terminal Value + Company Value) / Count shares = (40.56 + 5.58) / 96580000 = 477.75

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) = 0.5304
FCF Yield = 0.2266
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 = 0.194
Debt = 8.51
Market Cap = 32.76
Weight Debt = Market Cap / (Market Cap + Debt) = 32.76 / (32.76 + 8.51) = 0.7939
Weight Cost Debt = 100% - 0.7939 = 0.2061
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 = 12.8
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 12.8 * 5.94 + 0 = 0.7878
WACC = (0.194 / 8.51) * (100% - 0.7939) * (1 - 0.21) + 0.7878 + 0.7939 = 2.41
Terminal Value = Discount (0.5304 * (1 + 0.2266) / (2.41 - 0.2266)) = 2.85
Company Value = ∑ (0.5304 / (1 + 2.41) ^ 5) = 1.69
Price = (Terminal Value + Company Value) / Count shares = (2.85 + 1.69) / 96580000 = 47.08