NASDAQ: QRVO - Qorvo

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 = -0.7208
CAGR EPS = -176.23%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -176.23% / 100) = 6.35

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 Ebitda(5) * (1 + Ebitda Yield) / (WACC - Ebitda Yield)
Company Value = ∑ (Discount Ebitda / (1 + WACC) ^ 5)
Discount Ebitda(5) = 0.4704
Ebitda Yield = 0.0029
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 = 0.0692
Debt = 1.99
Market Cap = 9.69
Weight Debt = Market Cap / (Market Cap + Debt) = 9.69 / (9.69 + 1.99) = 0.8298
Weight Cost Debt = 100% - 0.8298 = 0.1702
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) = 2.82
β = -0.4559
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + -0.4559 * 5.94 + 0 = 0.0011
WACC = (0.0692 / 1.99) * (100% - 0.8298) * (1 - 0.21) + 0.0011 + 0.8298 = 2.73
Terminal Value = Discount (0.4704 * (1 + 0.0029) / (2.73 - 0.0029)) = 16.88
Company Value = ∑ (0.4704 / (1 + 2.73) ^ 5) = 2.16
Price = (Terminal Value + Company Value) / Count shares = (16.88 + 2.16) / 97560000 = 195.17

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) = 0.6509
FCF Yield = -0.0161
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 = 0.0692
Debt = 1.99
Market Cap = 9.69
Weight Debt = Market Cap / (Market Cap + Debt) = 9.69 / (9.69 + 1.99) = 0.8298
Weight Cost Debt = 100% - 0.8298 = 0.1702
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) = 2.82
β = -0.4559
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + -0.4559 * 5.94 + 0 = 0.0011
WACC = (0.0692 / 1.99) * (100% - 0.8298) * (1 - 0.21) + 0.0011 + 0.8298 = 2.73
Terminal Value = Discount (0.6509 * (1 + -0.0161) / (2.73 - -0.0161)) = 12.9
Company Value = ∑ (0.6509 / (1 + 2.73) ^ 5) = 3.11
Price = (Terminal Value + Company Value) / Count shares = (12.9 + 3.11) / 97560000 = 164.05