Price = Avg Price + (Avg Price * CAGR EPS% / 100)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — 关键率
Excess Key Rate — 超出关键率的期望
EPS = -0.1111
CAGR EPS = -235.08%
Key Rate = 0.0364
Excess Key Rate = 2
Price = 0 + (0 * -235.08% / 100) = 2.06

Price = (Terminal Value + Company Value) / Count shares
Price - 合理的价格
Terminal Value — 邮政过程中的费用
Company Value — 预测期内的成本
Count shares - 股票数量
Terminal Value = Discount Ebitda(5) * (1 + Ebitda Yield) / (WACC - Ebitda Yield)
Company Value = ∑ (Discount Ebitda / (1 + WACC) ^ 5)
Discount Ebitda(5) = 9.0E-6
Ebitda Yield = -0.6514
WACC = (Interest Expense / Debt) * (Weight Cost Debt) * (1 - Tax) + Cost Of Equity * Weight Debt
Interest Expense - 债务服务
Debt - 债务，十亿
Weight Debt - 相对于债务的重量
Weight Cost Debt - 债务权重有关大写
Tax - 税
Interest Expense = 0
Debt = 0
Market Cap = 0.0637
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0637 / (0.0637 + 0) = 0
Weight Cost Debt = 100% - 0 = 1
Tax = 0.21
Cost Of Equity — 贴现率
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — 盈利能力
β (beta) — 确定与市场有关的股份（资产）风险（资产），并显示了与市场收益变化有关的行动盈利能力变化的敏感性。 Beta系数不仅可以针对单独的操作计算，还可以计算投资组合。
Risk Premium — 高级风险 - 投资诉讼风险的奖励
Country Premium - 国家风险
k(f) = 2.68
β = -10.67
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.68 + -10.67 * 5.94 + 0 = -0.6072
WACC = (0 / 0) * (100% - 0) * (1 - 0.21) + -0.6072 + 0 = 0
Terminal Value = Discount (9.0E-6 * (1 + -0.6514) / (0 - -0.6514)) = 0
Company Value = ∑ (9.0E-6 / (1 + 0) ^ 5) = 0.000977
Price = (Terminal Value + Company Value) / Count shares = (0 + 0.000977) / 7490000 = 0.1311

Price = (Terminal Value + Company Value) / Count shares
Price - 合理的价格
Terminal Value — 邮政过程中的费用
Company Value — 预测期内的成本
Count shares - 股票数量
Terminal Value = Discount FCF(5) * (1 + FCF Yield) / (WACC - FCF Yield)
Company Value = ∑ (Discount FCF / (1 + WACC) ^ 5)
Discount FCF(5) = -0.0021
FCF Yield = 0.0395
WACC = (Interest Expense / Debt) * (Weight Cost Debt) * (1 - Tax) + Cost Of Equity * Weight Debt
Interest Expense - 债务服务
Debt - 债务，十亿
Weight Debt - 相对于债务的重量
Weight Cost Debt - 债务权重有关大写
Tax - 税
Interest Expense = 0
Debt = 0
Market Cap = 0.0637
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0637 / (0.0637 + 0) = 0
Weight Cost Debt = 100% - 0 = 1
Tax = 0.21
Cost Of Equity — 贴现率
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — 盈利能力
β (beta) — 确定与市场有关的股份（资产）风险（资产），并显示了与市场收益变化有关的行动盈利能力变化的敏感性。 Beta系数不仅可以针对单独的操作计算，还可以计算投资组合。
Risk Premium — 高级风险 - 投资诉讼风险的奖励
Country Premium - 国家风险
k(f) = 2.68
β = -10.67
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.68 + -10.67 * 5.94 + 0 = -0.6072
WACC = (0 / 0) * (100% - 0) * (1 - 0.21) + -0.6072 + 0 = 0
Terminal Value = Discount (-0.0021 * (1 + 0.0395) / (0 - 0.0395)) = -0.0547
Company Value = ∑ (-0.0021 / (1 + 0) ^ 5) = -0.0096
Price = (Terminal Value + Company Value) / Count shares = (-0.0547 + -0.0096) / 7490000 = -8.6