BSE: KIOCL - KIOCL Limited

Price = Avg Price + (Avg Price * CAGR EPS% / 100)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — 关键利率
Excess Key Rate — 期望超出关键利率
EPS = -1.37
CAGR EPS = -206.62%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -206.62% / 100) = 16.88

Price = (Terminal Value + Company Value) / Count shares
Price - 价格公道
Terminal Value — 预测后期间的成本
Company Value — 预测期内的成本
Count shares - 股份数量
Terminal Value = Discount Ebitda(5) * (1 + Ebitda Yield) / (WACC - Ebitda Yield)
Company Value = ∑ (Discount Ebitda / (1 + WACC) ^ 5)
Discount Ebitda(5) = 0.0507
Ebitda Yield = -1.57
WACC = (Interest Expense / Debt) * (Weight Cost Debt) * (1 - Tax) + Cost Of Equity * Weight Debt
Interest Expense - 偿债成本
Debt - 责任
Weight Debt - 相对于债务的资本权重
Weight Cost Debt - 债务权重相对于资本总额
Tax - 税
Interest Expense = 0.1426
Debt = 0.6376
Market Cap = 114.68
Weight Debt = Market Cap / (Market Cap + Debt) = 114.68 / (114.68 + 0.6376) = 0.9945
Weight Cost Debt = 100% - 0.9945 = 0.0054999999999999
Tax = 0.21
Cost Of Equity — 贴现率
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — 无风险回报率
β (beta) — 确定股票（资产）相对于市场的风险度量，并显示股票盈利能力变化相对于市场盈利能力变化的敏感性。
Risk Premium — 风险溢价——投资股票的风险溢价
Country Premium - 国家风险
k(f) = 2.82
β = 4.89
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 4.89 * 5.94 + 0 = 0.3184
WACC = (0.1426 / 0.6376) * (100% - 0.9945) * (1 - 0.21) + 0.3184 + 0.9945 = 17.81
Terminal Value = Discount (0.0507 * (1 + -1.57) / (17.81 - -1.57)) = -0.0073
Company Value = ∑ (0.0507 / (1 + 17.81) ^ 5) = 0.281
Price = (Terminal Value + Company Value) / Count shares = (-0.0073 + 0.281) / 607750000 = 0.4503

Price = (Terminal Value + Company Value) / Count shares
Price - 价格公道
Terminal Value — 预测后期间的成本
Company Value — 预测期内的成本
Count shares - 股份数量
Terminal Value = Discount FCF(5) * (1 + FCF Yield) / (WACC - FCF Yield)
Company Value = ∑ (Discount FCF / (1 + WACC) ^ 5)
Discount FCF(5) = -0.0244
FCF Yield = -0.2207
WACC = (Interest Expense / Debt) * (Weight Cost Debt) * (1 - Tax) + Cost Of Equity * Weight Debt
Interest Expense - 偿债成本
Debt - 责任
Weight Debt - 相对于债务的资本权重
Weight Cost Debt - 债务权重相对于资本总额
Tax - 税
Interest Expense = 0.1426
Debt = 0.6376
Market Cap = 114.68
Weight Debt = Market Cap / (Market Cap + Debt) = 114.68 / (114.68 + 0.6376) = 0.9945
Weight Cost Debt = 100% - 0.9945 = 0.0054999999999999
Tax = 0.21
Cost Of Equity — 贴现率
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — 无风险回报率
β (beta) — 确定股票（资产）相对于市场的风险度量，并显示股票盈利能力变化相对于市场盈利能力变化的敏感性。
Risk Premium — 风险溢价——投资股票的风险溢价
Country Premium - 国家风险
k(f) = 2.82
β = 4.89
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 4.89 * 5.94 + 0 = 0.3184
WACC = (0.1426 / 0.6376) * (100% - 0.9945) * (1 - 0.21) + 0.3184 + 0.9945 = 17.81
Terminal Value = Discount (-0.0244 * (1 + -0.2207) / (17.81 - -0.2207)) = -0.021
Company Value = ∑ (-0.0244 / (1 + 17.81) ^ 5) = -0.1451
Price = (Terminal Value + Company Value) / Count shares = (-0.021 + -0.1451) / 607750000 = -0.2733