NASDAQ: TEAM - Atlassian Corporation Plc

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 = -1.16
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 245.82 + (245.82 * 8.66% / 100) = 267.1

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) = 0.1124
Ebitda Yield = 0.144
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 = 0.0341
Debt = 1.25
Market Cap = 47.88
Weight Debt = Market Cap / (Market Cap + Debt) = 47.88 / (47.88 + 1.25) = 0.9746
Weight Cost Debt = 100% - 0.9746 = 0.0254
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 = 4.65
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 4.65 * 5.94 + 0 = 0.3049
WACC = (0.0341 / 1.25) * (100% - 0.9746) * (1 - 0.21) + 0.3049 + 0.9746 = 2.43
Terminal Value = Discount (0.1124 * (1 + 0.144) / (2.43 - 0.144)) = 0.9525
Company Value = ∑ (0.1124 / (1 + 2.43) ^ 5) = 0.4044
Price = (Terminal Value + Company Value) / Count shares = (0.9525 + 0.4044) / 259130000 = 5.24

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) = 3.11
FCF Yield = 0.1705
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 = 0.0341
Debt = 1.25
Market Cap = 47.88
Weight Debt = Market Cap / (Market Cap + Debt) = 47.88 / (47.88 + 1.25) = 0.9746
Weight Cost Debt = 100% - 0.9746 = 0.0254
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 = 4.65
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + 4.65 * 5.94 + 0 = 0.3049
WACC = (0.0341 / 1.25) * (100% - 0.9746) * (1 - 0.21) + 0.3049 + 0.9746 = 2.43
Terminal Value = Discount (3.11 * (1 + 0.1705) / (2.43 - 0.1705)) = 22.08
Company Value = ∑ (3.11 / (1 + 2.43) ^ 5) = 10.75
Price = (Terminal Value + Company Value) / Count shares = (22.08 + 10.75) / 259130000 = 126.66