NASDAQ: VFSWW - VinFast Auto Ltd.

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 = -24710.48
CAGR EPS = 1552.34%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 1.2 + (1.2 * 1552.34% / 100) = 19.84

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) = -125348.79
Ebitda Yield = 0.2993
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 = 12073.43
Debt = 72665.85
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 72665.85) = 0
Weight Cost Debt = 100% - 0 = 1
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 = -2.55
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -2.55 * 5.94 + 0 = -0.1239
WACC = (12073.43 / 72665.85) * (100% - 0) * (1 - 0.21) + -0.1239 + 0 = 13.13
Terminal Value = Discount (-125348.79 * (1 + 0.2993) / (13.13 - 0.2993)) = -523188.49
Company Value = ∑ (-125348.79 / (1 + 13.13) ^ 5) = -261393.87
Price = (Terminal Value + Company Value) / Count shares = (-523188.49 + -261393.87) / 2310820000 = -339525.52

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) = -343142.66
FCF Yield = 0.3417
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 = 12073.43
Debt = 72665.85
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 72665.85) = 0
Weight Cost Debt = 100% - 0 = 1
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 = -2.55
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -2.55 * 5.94 + 0 = -0.1239
WACC = (12073.43 / 72665.85) * (100% - 0) * (1 - 0.21) + -0.1239 + 0 = 13.13
Terminal Value = Discount (-343142.66 * (1 + 0.3417) / (13.13 - 0.3417)) = -1180673.68
Company Value = ∑ (-343142.66 / (1 + 13.13) ^ 5) = -677628.87
Price = (Terminal Value + Company Value) / Count shares = (-1180673.68 + -677628.87) / 2310820000 = -804174.51