NASDAQ: ASTR - Astra Space, Inc.

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 = -9.28
CAGR EPS = 113.33%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 0.6695 + (0.6695 * 113.33% / 100) = 1.43

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) = -0.3204
Ebitda Yield = 0.1817
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 = 0.0036
Debt = 0.0734
Market Cap = 0.0662
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0662 / (0.0662 + 0.0734) = 0.4743
Weight Cost Debt = 100% - 0.4743 = 0.5257
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) = 2.6
β = -0.8272
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + -0.8272 * 5.94 + 0 = -0.0231
WACC = (0.0036 / 0.0734) * (100% - 0.4743) * (1 - 0.21) + -0.0231 + 0.4743 = 3.87
Terminal Value = Discount (-0.3204 * (1 + 0.1817) / (3.87 - 0.1817)) = -2.19
Company Value = ∑ (-0.3204 / (1 + 3.87) ^ 5) = -1.04
Price = (Terminal Value + Company Value) / Count shares = (-2.19 + -1.04) / 19220000 = -168.1

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) = -0.1803
FCF Yield = 0.0996
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 = 0.0036
Debt = 0.0734
Market Cap = 0.0662
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0662 / (0.0662 + 0.0734) = 0.4743
Weight Cost Debt = 100% - 0.4743 = 0.5257
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) = 2.6
β = -0.8272
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + -0.8272 * 5.94 + 0 = -0.0231
WACC = (0.0036 / 0.0734) * (100% - 0.4743) * (1 - 0.21) + -0.0231 + 0.4743 = 3.87
Terminal Value = Discount (-0.1803 * (1 + 0.0996) / (3.87 - 0.0996)) = -2.69
Company Value = ∑ (-0.1803 / (1 + 3.87) ^ 5) = -0.6674
Price = (Terminal Value + Company Value) / Count shares = (-2.69 + -0.6674) / 19220000 = -174.78