NASDAQ: NCNO - nCino, 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 = -0.3758
CAGR EPS = 3.97%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 31.39 + (31.39 * 3.97% / 100) = 32.63

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) = 0.0148
Ebitda Yield = 0.1463
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 = 0.0041
Debt = 0.0742
Market Cap = 3.31
Weight Debt = Market Cap / (Market Cap + Debt) = 3.31 / (3.31 + 0.0742) = 0.9781
Weight Cost Debt = 100% - 0.9781 = 0.0219
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) = 3
β = 1.52
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 1.52 * 5.94 + 0 = 0.1203
WACC = (0.0041 / 0.0742) * (100% - 0.9781) * (1 - 0.21) + 0.1203 + 0.9781 = 4.48
Terminal Value = Discount (0.0148 * (1 + 0.1463) / (4.48 - 0.1463)) = 0.1339
Company Value = ∑ (0.0148 / (1 + 4.48) ^ 5) = 0.0497
Price = (Terminal Value + Company Value) / Count shares = (0.1339 + 0.0497) / 112670000 = 1.63

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) = 0.2218
FCF Yield = 0.3295
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 = 0.0041
Debt = 0.0742
Market Cap = 3.31
Weight Debt = Market Cap / (Market Cap + Debt) = 3.31 / (3.31 + 0.0742) = 0.9781
Weight Cost Debt = 100% - 0.9781 = 0.0219
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) = 3
β = 1.52
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 1.52 * 5.94 + 0 = 0.1203
WACC = (0.0041 / 0.0742) * (100% - 0.9781) * (1 - 0.21) + 0.1203 + 0.9781 = 4.48
Terminal Value = Discount (0.2218 * (1 + 0.3295) / (4.48 - 0.3295)) = 0.8322
Company Value = ∑ (0.2218 / (1 + 4.48) ^ 5) = 0.5828
Price = (Terminal Value + Company Value) / Count shares = (0.8322 + 0.5828) / 112670000 = 12.56