NASDAQ: NTGR - NETGEAR, 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 = -3.57
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 20.82 + (20.82 * 8.66% / 100) = 22.62

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) = 0.0035
Ebitda Yield = -1.64
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 = 0.000902
Debt = 0.0416
Market Cap = 0.376
Weight Debt = Market Cap / (Market Cap + Debt) = 0.376 / (0.376 + 0.0416) = 0.9005
Weight Cost Debt = 100% - 0.9005 = 0.0995
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 = 5.46
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 5.46 * 5.94 + 0 = 0.3521
WACC = (0.000902 / 0.0416) * (100% - 0.9005) * (1 - 0.21) + 0.3521 + 0.9005 = 2.02
Terminal Value = Discount (0.0035 * (1 + -1.64) / (2.02 - -1.64)) = -0.0012
Company Value = ∑ (0.0035 / (1 + 2.02) ^ 5) = 0.0141
Price = (Terminal Value + Company Value) / Count shares = (-0.0012 + 0.0141) / 29360000 = 0.4366

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) = 2.06
FCF Yield = 1.09
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 = 0.000902
Debt = 0.0416
Market Cap = 0.376
Weight Debt = Market Cap / (Market Cap + Debt) = 0.376 / (0.376 + 0.0416) = 0.9005
Weight Cost Debt = 100% - 0.9005 = 0.0995
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 = 5.46
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 5.46 * 5.94 + 0 = 0.3521
WACC = (0.000902 / 0.0416) * (100% - 0.9005) * (1 - 0.21) + 0.3521 + 0.9005 = 2.02
Terminal Value = Discount (2.06 * (1 + 1.09) / (2.02 - 1.09)) = 3.63
Company Value = ∑ (2.06 / (1 + 2.02) ^ 5) = 3.53
Price = (Terminal Value + Company Value) / Count shares = (3.63 + 3.53) / 29360000 = 243.81