NASDAQ: OLK - Olink Holding AB (publ)

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 = -0.2553
CAGR EPS = 11.22%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 20.19 + (20.19 * 11.22% / 100) = 22.45

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) = -0.23
Ebitda Yield = 0.4939
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 = 0.000858
Debt = 0.0268
Market Cap = 2.05
Weight Debt = Market Cap / (Market Cap + Debt) = 2.05 / (2.05 + 0.0268) = 0.9871
Weight Cost Debt = 100% - 0.9871 = 0.0129
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) = 2.6
β = 0.2886
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + 0.2886 * 5.94 + 0 = 0.0431
WACC = (0.000858 / 0.0268) * (100% - 0.9871) * (1 - 0.21) + 0.0431 + 0.9871 = 2.55
Terminal Value = Discount (-0.23 * (1 + 0.4939) / (2.55 - 0.4939)) = -0.6467
Company Value = ∑ (-0.23 / (1 + 2.55) ^ 5) = -0.5482
Price = (Terminal Value + Company Value) / Count shares = (-0.6467 + -0.5482) / 124000000 = -9.64

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) = -0.1022
FCF Yield = 0.1477
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 = 0.000858
Debt = 0.0268
Market Cap = 2.05
Weight Debt = Market Cap / (Market Cap + Debt) = 2.05 / (2.05 + 0.0268) = 0.9871
Weight Cost Debt = 100% - 0.9871 = 0.0129
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) = 2.6
β = 0.2886
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + 0.2886 * 5.94 + 0 = 0.0431
WACC = (0.000858 / 0.0268) * (100% - 0.9871) * (1 - 0.21) + 0.0431 + 0.9871 = 2.55
Terminal Value = Discount (-0.1022 * (1 + 0.1477) / (2.55 - 0.1477)) = -0.8464
Company Value = ∑ (-0.1022 / (1 + 2.55) ^ 5) = -0.3645
Price = (Terminal Value + Company Value) / Count shares = (-0.8464 + -0.3645) / 124000000 = -9.76