NASDAQ: CORZ - Core Scientific, 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 = -0.6489
CAGR EPS = 74.59%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 6.37 + (6.37 * 74.59% / 100) = 11.12

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) = 1.52
Ebitda Yield = 0.6855
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 = 0.0862
Debt = 0.8283
Market Cap = 0.024
Weight Debt = Market Cap / (Market Cap + Debt) = 0.024 / (0.024 + 0.8283) = 0.0282
Weight Cost Debt = 100% - 0.0282 = 0.9718
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 = 5.96
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + 5.96 * 5.94 + 0 = 0.3799
WACC = (0.0862 / 0.8283) * (100% - 0.0282) * (1 - 0.21) + 0.3799 + 0.0282 = 8.23
Terminal Value = Discount (1.52 * (1 + 0.6855) / (8.23 - 0.6855)) = 2.86
Company Value = ∑ (1.52 / (1 + 8.23) ^ 5) = 2.55
Price = (Terminal Value + Company Value) / Count shares = (2.86 + 2.55) / 385870000 = 14.02

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) = 0.1296
FCF Yield = 0.215
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 = 0.0862
Debt = 0.8283
Market Cap = 0.024
Weight Debt = Market Cap / (Market Cap + Debt) = 0.024 / (0.024 + 0.8283) = 0.0282
Weight Cost Debt = 100% - 0.0282 = 0.9718
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 = 5.96
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + 5.96 * 5.94 + 0 = 0.3799
WACC = (0.0862 / 0.8283) * (100% - 0.0282) * (1 - 0.21) + 0.3799 + 0.0282 = 8.23
Terminal Value = Discount (0.1296 * (1 + 0.215) / (8.23 - 0.215)) = 0.7992
Company Value = ∑ (0.1296 / (1 + 8.23) ^ 5) = 0.3509
Price = (Terminal Value + Company Value) / Count shares = (0.7992 + 0.3509) / 385870000 = 2.98