NASDAQ: NEGG - Newegg Commerce, 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 = -0.1558
CAGR EPS = 25.53%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 0.6936 + (0.6936 * 25.53% / 100) = 0.8706

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) = -0.4881
Ebitda Yield = 0.5395
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 = 0.0025
Debt = 0.0224
Market Cap = 0.4269
Weight Debt = Market Cap / (Market Cap + Debt) = 0.4269 / (0.4269 + 0.0224) = 0.9501
Weight Cost Debt = 100% - 0.9501 = 0.0499
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 = -1.09
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -1.09 * 5.94 + 0 = -0.0372
WACC = (0.0025 / 0.0224) * (100% - 0.9501) * (1 - 0.21) + -0.0372 + 0.9501 = 8.83
Terminal Value = Discount (-0.4881 * (1 + 0.5395) / (8.83 - 0.5395)) = -1.09
Company Value = ∑ (-0.4881 / (1 + 8.83) ^ 5) = -0.8985
Price = (Terminal Value + Company Value) / Count shares = (-1.09 + -0.8985) / 378560000 = -5.26

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) = -0.433
FCF Yield = 0.6624
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 = 0.0025
Debt = 0.0224
Market Cap = 0.4269
Weight Debt = Market Cap / (Market Cap + Debt) = 0.4269 / (0.4269 + 0.0224) = 0.9501
Weight Cost Debt = 100% - 0.9501 = 0.0499
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 = -1.09
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -1.09 * 5.94 + 0 = -0.0372
WACC = (0.0025 / 0.0224) * (100% - 0.9501) * (1 - 0.21) + -0.0372 + 0.9501 = 8.83
Terminal Value = Discount (-0.433 * (1 + 0.6624) / (8.83 - 0.6624)) = -0.8213
Company Value = ∑ (-0.433 / (1 + 8.83) ^ 5) = -0.7226
Price = (Terminal Value + Company Value) / Count shares = (-0.8213 + -0.7226) / 378560000 = -4.08