NASDAQ: MNTK - Montauk Renewables, Inc.

Price = EPS * (1 + CAGR EPS) / (Key Rate * Excess Key Rate)
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 = 0.1052
CAGR EPS = 21.33%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.1052 * (1 + 21.33%) / (0.0433 * 2) = 1.47

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) = 0.0611
Ebitda Yield = 0.0624
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 = 0.0052
Debt = 0.0639
Market Cap = 1.41
Weight Debt = Market Cap / (Market Cap + Debt) = 1.41 / (1.41 + 0.0639) = 0.9566
Weight Cost Debt = 100% - 0.9566 = 0.0434
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) = 2.89
β = -0.748
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -0.748 * 5.94 + 0 = -0.0155
WACC = (0.0052 / 0.0639) * (100% - 0.9566) * (1 - 0.21) + -0.0155 + 0.9566 = 6.34
Terminal Value = Discount (0.0611 * (1 + 0.0624) / (6.34 - 0.0624)) = 47.15
Company Value = ∑ (0.0611 / (1 + 6.34) ^ 5) = 0.225
Price = (Terminal Value + Company Value) / Count shares = (47.15 + 0.225) / 142150000 = 333.26

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) = -0.0259
FCF Yield = 0.033
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 = 0.0052
Debt = 0.0639
Market Cap = 1.41
Weight Debt = Market Cap / (Market Cap + Debt) = 1.41 / (1.41 + 0.0639) = 0.9566
Weight Cost Debt = 100% - 0.9566 = 0.0434
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) = 2.89
β = -0.748
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -0.748 * 5.94 + 0 = -0.0155
WACC = (0.0052 / 0.0639) * (100% - 0.9566) * (1 - 0.21) + -0.0155 + 0.9566 = 6.34
Terminal Value = Discount (-0.0259 * (1 + 0.033) / (6.34 - 0.033)) = -0.6491
Company Value = ∑ (-0.0259 / (1 + 6.34) ^ 5) = -0.1011
Price = (Terminal Value + Company Value) / Count shares = (-0.6491 + -0.1011) / 142150000 = -5.28