NASDAQ: FTRP - Field Trip Health Ltd.

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 = -0.688
CAGR EPS = 307.88%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 3.64 + (3.64 * 307.88% / 100) = 14.83

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) = -3.84
Ebitda Yield = 1.38
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
Debt = 0.0291
Market Cap = 0.0486
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0486 / (0.0486 + 0.0291) = 0.6255
Weight Cost Debt = 100% - 0.6255 = 0.3745
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) = 2.75
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 0 * 5.94 + 0 = 0.0275
WACC = (0 / 0.0291) * (100% - 0.6255) * (1 - 0.21) + 0.0275 + 0.6255 = 0.0172
Terminal Value = Discount (-3.84 * (1 + 1.38) / (0.0172 - 1.38)) = -6.62
Company Value = ∑ (-3.84 / (1 + 0.0172) ^ 5) = -6.53
Price = (Terminal Value + Company Value) / Count shares = (-6.62 + -6.53) / 33000000 = -398.48

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) = -2.91
FCF Yield = 1.27
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
Debt = 0.0291
Market Cap = 0.0486
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0486 / (0.0486 + 0.0291) = 0.6255
Weight Cost Debt = 100% - 0.6255 = 0.3745
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) = 2.75
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 0 * 5.94 + 0 = 0.0275
WACC = (0 / 0.0291) * (100% - 0.6255) * (1 - 0.21) + 0.0275 + 0.6255 = 0.0172
Terminal Value = Discount (-2.91 * (1 + 1.27) / (0.0172 - 1.27)) = -5.19
Company Value = ∑ (-2.91 / (1 + 0.0172) ^ 5) = -5.11
Price = (Terminal Value + Company Value) / Count shares = (-5.19 + -5.11) / 33000000 = -312.23