NASDAQ: OM - Outset Medical, 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 = -3.48
CAGR EPS = 8.95%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 2.15 + (2.15 * 8.95% / 100) = 2.34

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) = -0.3063
Ebitda Yield = 0.1478
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 = 0.0127
Debt = 0.1317
Market Cap = 0.708
Weight Debt = Market Cap / (Market Cap + Debt) = 0.708 / (0.708 + 0.1317) = 0.8432
Weight Cost Debt = 100% - 0.8432 = 0.1568
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 = 7.07
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 7.07 * 5.94 + 0 = 0.4491
WACC = (0.0127 / 0.1317) * (100% - 0.8432) * (1 - 0.21) + 0.4491 + 0.8432 = 7.92
Terminal Value = Discount (-0.3063 * (1 + 0.1478) / (7.92 - 0.1478)) = -3.5
Company Value = ∑ (-0.3063 / (1 + 7.92) ^ 5) = -0.9286
Price = (Terminal Value + Company Value) / Count shares = (-3.5 + -0.9286) / 49590000 = -89.35

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) = -0.22
FCF Yield = 0.1029
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 = 0.0127
Debt = 0.1317
Market Cap = 0.708
Weight Debt = Market Cap / (Market Cap + Debt) = 0.708 / (0.708 + 0.1317) = 0.8432
Weight Cost Debt = 100% - 0.8432 = 0.1568
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 = 7.07
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 7.07 * 5.94 + 0 = 0.4491
WACC = (0.0127 / 0.1317) * (100% - 0.8432) * (1 - 0.21) + 0.4491 + 0.8432 = 7.92
Terminal Value = Discount (-0.22 * (1 + 0.1029) / (7.92 - 0.1029)) = -6.98
Company Value = ∑ (-0.22 / (1 + 7.92) ^ 5) = -0.7199
Price = (Terminal Value + Company Value) / Count shares = (-6.98 + -0.7199) / 49590000 = -155.17