NYSE: AI - C3.ai, 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 = -2.34
CAGR EPS = 19.96%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 24.88 + (24.88 * 19.96% / 100) = 29.85

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 Ebitda(5) * (1 + Ebitda Yield) / (WACC - Ebitda Yield)
Company Value = ∑ (Discount Ebitda / (1 + WACC) ^ 5)
Discount Ebitda(5) = -1.02
Ebitda Yield = 0.2736
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 = 0.0223
Debt = 0.0032
Market Cap = 3.53
Weight Debt = Market Cap / (Market Cap + Debt) = 3.53 / (3.53 + 0.0032) = 0.9991
Weight Cost Debt = 100% - 0.9991 = 0.00090000000000001
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) = 2.82
β = 4.96
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 4.96 * 5.94 + 0 = 0.3226
WACC = (0.0223 / 0.0032) * (100% - 0.9991) * (1 - 0.21) + 0.3226 + 0.9991 = 541.66
Terminal Value = Discount (-1.02 * (1 + 0.2736) / (541.66 - 0.2736)) = -2.3E-5
Company Value = ∑ (-1.02 / (1 + 541.66) ^ 5) = -0.0757
Price = (Terminal Value + Company Value) / Count shares = (-2.3E-5 + -0.0757) / 119360000 = -0.6341

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) = -0.1636
FCF Yield = 0.0872
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 = 0.0223
Debt = 0.0032
Market Cap = 3.53
Weight Debt = Market Cap / (Market Cap + Debt) = 3.53 / (3.53 + 0.0032) = 0.9991
Weight Cost Debt = 100% - 0.9991 = 0.00090000000000001
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) = 2.82
β = 4.96
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 4.96 * 5.94 + 0 = 0.3226
WACC = (0.0223 / 0.0032) * (100% - 0.9991) * (1 - 0.21) + 0.3226 + 0.9991 = 541.66
Terminal Value = Discount (-0.1636 * (1 + 0.0872) / (541.66 - 0.0872)) = 0
Company Value = ∑ (-0.1636 / (1 + 541.66) ^ 5) = -0.022
Price = (Terminal Value + Company Value) / Count shares = (0 + -0.022) / 119360000 = -0.1841