NASDAQ: STER - Sterling Check Corp.

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 = -0.0013
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 15.19 + (15.19 * 8.66% / 100) = 16.5

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) = 0.1531
Ebitda Yield = 0.0658
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 = 0.0365
Debt = 0.499
Market Cap = 1.33
Weight Debt = Market Cap / (Market Cap + Debt) = 1.33 / (1.33 + 0.499) = 0.7272
Weight Cost Debt = 100% - 0.7272 = 0.2728
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 = -0.1009
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -0.1009 * 5.94 + 0 = 0.024
WACC = (0.0365 / 0.499) * (100% - 0.7272) * (1 - 0.21) + 0.024 + 0.7272 = 5.76
Terminal Value = Discount (0.1531 * (1 + 0.0658) / (5.76 - 0.0658)) = 15.04
Company Value = ∑ (0.1531 / (1 + 5.76) ^ 5) = 0.5698
Price = (Terminal Value + Company Value) / Count shares = (15.04 + 0.5698) / 91590000 = 170.45

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) = 0.9172
FCF Yield = 0.6435
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 = 0.0365
Debt = 0.499
Market Cap = 1.33
Weight Debt = Market Cap / (Market Cap + Debt) = 1.33 / (1.33 + 0.499) = 0.7272
Weight Cost Debt = 100% - 0.7272 = 0.2728
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 = -0.1009
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + -0.1009 * 5.94 + 0 = 0.024
WACC = (0.0365 / 0.499) * (100% - 0.7272) * (1 - 0.21) + 0.024 + 0.7272 = 5.76
Terminal Value = Discount (0.9172 * (1 + 0.6435) / (5.76 - 0.6435)) = 1.94
Company Value = ∑ (0.9172 / (1 + 5.76) ^ 5) = 1.73
Price = (Terminal Value + Company Value) / Count shares = (1.94 + 1.73) / 91590000 = 40.12