NASDAQ: SNCR - Synchronoss Technologies, 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 = -3.92
CAGR EPS = 17.11%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 9.67 + (9.67 * 17.11% / 100) = 11.33

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) = 0.0217
Ebitda Yield = 0.1574
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 = 0.0124
Debt = 0.1426
Market Cap = 0.099
Weight Debt = Market Cap / (Market Cap + Debt) = 0.099 / (0.099 + 0.1426) = 0.4097
Weight Cost Debt = 100% - 0.4097 = 0.5903
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) = 3
β = -0.2098
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -0.2098 * 5.94 + 0 = 0.0175
WACC = (0.0124 / 0.1426) * (100% - 0.4097) * (1 - 0.21) + 0.0175 + 0.4097 = 6.86
Terminal Value = Discount (0.0217 * (1 + 0.1574) / (6.86 - 0.1574)) = 0.2033
Company Value = ∑ (0.0217 / (1 + 6.86) ^ 5) = 0.0669
Price = (Terminal Value + Company Value) / Count shares = (0.2033 + 0.0669) / 9750000 = 27.72

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
FCF Yield = -1.3
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 = 0.0124
Debt = 0.1426
Market Cap = 0.099
Weight Debt = Market Cap / (Market Cap + Debt) = 0.099 / (0.099 + 0.1426) = 0.4097
Weight Cost Debt = 100% - 0.4097 = 0.5903
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) = 3
β = -0.2098
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -0.2098 * 5.94 + 0 = 0.0175
WACC = (0.0124 / 0.1426) * (100% - 0.4097) * (1 - 0.21) + 0.0175 + 0.4097 = 6.86
Terminal Value = Discount (0 * (1 + -1.3) / (6.86 - -1.3)) = 0
Company Value = ∑ (0 / (1 + 6.86) ^ 5) = 0.000231
Price = (Terminal Value + Company Value) / Count shares = (0 + 0.000231) / 9750000 = 0.0236