NASDAQ: INGN - Inogen, 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 = -4.42
CAGR EPS = 9.16%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 7.59 + (7.59 * 9.16% / 100) = 8.29

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) = 0.0092
Ebitda Yield = -1.69
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 = 0.0028
Debt = 0.0219
Market Cap = 0.1459
Weight Debt = Market Cap / (Market Cap + Debt) = 0.1459 / (0.1459 + 0.0219) = 0.8694
Weight Cost Debt = 100% - 0.8694 = 0.1306
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 = -2.55
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -2.55 * 5.94 + 0 = -0.1241
WACC = (0.0028 / 0.0219) * (100% - 0.8694) * (1 - 0.21) + -0.1241 + 0.8694 = 9.89
Terminal Value = Discount (0.0092 * (1 + -1.69) / (9.89 - -1.69)) = -0.0022
Company Value = ∑ (0.0092 / (1 + 9.89) ^ 5) = 0.0247
Price = (Terminal Value + Company Value) / Count shares = (-0.0022 + 0.0247) / 23180000 = 0.9718

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) = 0.002
FCF Yield = -1.58
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 = 0.0028
Debt = 0.0219
Market Cap = 0.1459
Weight Debt = Market Cap / (Market Cap + Debt) = 0.1459 / (0.1459 + 0.0219) = 0.8694
Weight Cost Debt = 100% - 0.8694 = 0.1306
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 = -2.55
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -2.55 * 5.94 + 0 = -0.1241
WACC = (0.0028 / 0.0219) * (100% - 0.8694) * (1 - 0.21) + -0.1241 + 0.8694 = 9.89
Terminal Value = Discount (0.002 * (1 + -1.58) / (9.89 - -1.58)) = -0.000434
Company Value = ∑ (0.002 / (1 + 9.89) ^ 5) = 0.0109
Price = (Terminal Value + Company Value) / Count shares = (-0.000434 + 0.0109) / 23180000 = 0.4515