NASDAQ: GOSS - Gossamer Bio

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 = -1.18
CAGR EPS = 9.16%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 0.6986 + (0.6986 * 9.16% / 100) = 0.7626

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) = -0.1669
Ebitda Yield = -0.0061
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 = 0.0135
Debt = 0.2123
Market Cap = 0.2276
Weight Debt = Market Cap / (Market Cap + Debt) = 0.2276 / (0.2276 + 0.2123) = 0.5174
Weight Cost Debt = 100% - 0.5174 = 0.4826
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 = -3.38
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + -3.38 * 5.94 + 0 = -0.1746
WACC = (0.0135 / 0.2123) * (100% - 0.5174) * (1 - 0.21) + -0.1746 + 0.5174 = 4.91
Terminal Value = Discount (-0.1669 * (1 + -0.0061) / (4.91 - -0.0061)) = -2.36
Company Value = ∑ (-0.1669 / (1 + 4.91) ^ 5) = -0.734
Price = (Terminal Value + Company Value) / Count shares = (-2.36 + -0.734) / 152620000 = -20.3

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) = -0.1657
FCF Yield = 0.008
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 = 0.0135
Debt = 0.2123
Market Cap = 0.2276
Weight Debt = Market Cap / (Market Cap + Debt) = 0.2276 / (0.2276 + 0.2123) = 0.5174
Weight Cost Debt = 100% - 0.5174 = 0.4826
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 = -3.38
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + -3.38 * 5.94 + 0 = -0.1746
WACC = (0.0135 / 0.2123) * (100% - 0.5174) * (1 - 0.21) + -0.1746 + 0.5174 = 4.91
Terminal Value = Discount (-0.1657 * (1 + 0.008) / (4.91 - 0.008)) = -3.2
Company Value = ∑ (-0.1657 / (1 + 4.91) ^ 5) = -0.7071
Price = (Terminal Value + Company Value) / Count shares = (-3.2 + -0.7071) / 152620000 = -25.59