NASDAQ: ROCC - Ranger Oil Corporation

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 = 22.3
CAGR EPS = 16.22%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 37.47 + (37.47 * 16.22% / 100) = 43.55

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) = 1.55
Ebitda Yield = 0.1658
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 = 0.0489
Debt = 0.6041
Market Cap = 0.7123
Weight Debt = Market Cap / (Market Cap + Debt) = 0.7123 / (0.7123 + 0.6041) = 0.5411
Weight Cost Debt = 100% - 0.5411 = 0.4589
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 = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 0 * 5.94 + 0 = 0.0289
WACC = (0.0489 / 0.6041) * (100% - 0.5411) * (1 - 0.21) + 0.0289 + 0.5411 = 6.38
Terminal Value = Discount (1.55 * (1 + 0.1658) / (6.38 - 0.1658)) = 12.97
Company Value = ∑ (1.55 / (1 + 6.38) ^ 5) = 4.77
Price = (Terminal Value + Company Value) / Count shares = (12.97 + 4.77) / 20830000 = 851.35

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) = -0.0086
FCF Yield = -0.1319
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 = 0.0489
Debt = 0.6041
Market Cap = 0.7123
Weight Debt = Market Cap / (Market Cap + Debt) = 0.7123 / (0.7123 + 0.6041) = 0.5411
Weight Cost Debt = 100% - 0.5411 = 0.4589
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 = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 0 * 5.94 + 0 = 0.0289
WACC = (0.0489 / 0.6041) * (100% - 0.5411) * (1 - 0.21) + 0.0289 + 0.5411 = 6.38
Terminal Value = Discount (-0.0086 * (1 + -0.1319) / (6.38 - -0.1319)) = -0.028
Company Value = ∑ (-0.0086 / (1 + 6.38) ^ 5) = -0.0494
Price = (Terminal Value + Company Value) / Count shares = (-0.028 + -0.0494) / 20830000 = -3.72