NASDAQ: MNDY - monday.com 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 = -0.0388
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 207.79 + (207.79 * 8.66% / 100) = 225.78

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) = 0.0237
Ebitda Yield = 0.1317
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 = 0.000443
Debt = 0.0611
Market Cap = 7.78
Weight Debt = Market Cap / (Market Cap + Debt) = 7.78 / (7.78 + 0.0611) = 0.9922
Weight Cost Debt = 100% - 0.9922 = 0.0078
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 = -0.6947
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -0.6947 * 5.94 + 0 = -0.0138
WACC = (0.000443 / 0.0611) * (100% - 0.9922) * (1 - 0.21) + -0.0138 + 0.9922 = 0.553
Terminal Value = Discount (0.0237 * (1 + 0.1317) / (0.553 - 0.1317)) = 0.2072
Company Value = ∑ (0.0237 / (1 + 0.553) ^ 5) = 0.0925
Price = (Terminal Value + Company Value) / Count shares = (0.2072 + 0.0925) / 48370000 = 6.2

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) = 1.08
FCF Yield = 0.3936
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 = 0.000443
Debt = 0.0611
Market Cap = 7.78
Weight Debt = Market Cap / (Market Cap + Debt) = 7.78 / (7.78 + 0.0611) = 0.9922
Weight Cost Debt = 100% - 0.9922 = 0.0078
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 = -0.6947
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -0.6947 * 5.94 + 0 = -0.0138
WACC = (0.000443 / 0.0611) * (100% - 0.9922) * (1 - 0.21) + -0.0138 + 0.9922 = 0.553
Terminal Value = Discount (1.08 * (1 + 0.3936) / (0.553 - 0.3936)) = 3.76
Company Value = ∑ (1.08 / (1 + 0.553) ^ 5) = 3.03
Price = (Terminal Value + Company Value) / Count shares = (3.76 + 3.03) / 48370000 = 140.39