NASDAQ: SNES - SenesTech, 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 = -11.51
CAGR EPS = 9.16%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 1.3 + (1.3 * 9.16% / 100) = 1.42

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) = -0.0063
Ebitda Yield = -0.0365
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
Debt = 0.000406
Market Cap = 0.0028
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0028 / (0.0028 + 0.000406) = 0.8734
Weight Cost Debt = 100% - 0.8734 = 0.1266
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) = 2.75
β = 15.76
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 15.76 * 5.94 + 0 = 0.9634
WACC = (0 / 0.000406) * (100% - 0.8734) * (1 - 0.21) + 0.9634 + 0.8734 = 1.61
Terminal Value = Discount (-0.0063 * (1 + -0.0365) / (1.61 - -0.0365)) = -0.1062
Company Value = ∑ (-0.0063 / (1 + 1.61) ^ 5) = -0.0324
Price = (Terminal Value + Company Value) / Count shares = (-0.1062 + -0.0324) / 669900 = -206.85

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) = -0.0074
FCF Yield = -0.0083
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
Debt = 0.000406
Market Cap = 0.0028
Weight Debt = Market Cap / (Market Cap + Debt) = 0.0028 / (0.0028 + 0.000406) = 0.8734
Weight Cost Debt = 100% - 0.8734 = 0.1266
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) = 2.75
β = 15.76
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + 15.76 * 5.94 + 0 = 0.9634
WACC = (0 / 0.000406) * (100% - 0.8734) * (1 - 0.21) + 0.9634 + 0.8734 = 1.61
Terminal Value = Discount (-0.0074 * (1 + -0.0083) / (1.61 - -0.0083)) = -0.277
Company Value = ∑ (-0.0074 / (1 + 1.61) ^ 5) = -0.0359
Price = (Terminal Value + Company Value) / Count shares = (-0.277 + -0.0359) / 669900 = -467.12