NYSE: ICUI - ICU Medical

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 = -1.23
CAGR EPS = -176.53%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -176.53% / 100) = 10.88

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) = 0.3055
Ebitda Yield = 0.0383
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 = 0.1353
Debt = 1.65
Market Cap = 3.18
Weight Debt = Market Cap / (Market Cap + Debt) = 3.18 / (3.18 + 1.65) = 0.6584
Weight Cost Debt = 100% - 0.6584 = 0.3416
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 = 1.64
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 1.64 * 5.94 + 0 = 0.1256
WACC = (0.1353 / 1.65) * (100% - 0.6584) * (1 - 0.21) + 0.1256 + 0.6584 = 6.52
Terminal Value = Discount (0.3055 * (1 + 0.0383) / (6.52 - 0.0383)) = 8.59
Company Value = ∑ (0.3055 / (1 + 6.52) ^ 5) = 1.17
Price = (Terminal Value + Company Value) / Count shares = (8.59 + 1.17) / 24090000 = 405.08

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) = 0.8884
FCF Yield = 0.6505
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 = 0.1353
Debt = 1.65
Market Cap = 3.18
Weight Debt = Market Cap / (Market Cap + Debt) = 3.18 / (3.18 + 1.65) = 0.6584
Weight Cost Debt = 100% - 0.6584 = 0.3416
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 = 1.64
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.82 + 1.64 * 5.94 + 0 = 0.1256
WACC = (0.1353 / 1.65) * (100% - 0.6584) * (1 - 0.21) + 0.1256 + 0.6584 = 6.52
Terminal Value = Discount (0.8884 * (1 + 0.6505) / (6.52 - 0.6505)) = 1.83
Company Value = ∑ (0.8884 / (1 + 6.52) ^ 5) = 1.62
Price = (Terminal Value + Company Value) / Count shares = (1.83 + 1.62) / 24090000 = 143.18