NYSE: NXE - NexGen Energy Ltd.

Price = EPS * (1 + CAGR EPS) / (Key Rate * Excess Key Rate)
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 = 0.1527
CAGR EPS = 32.85%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 0.1527 * (1 + 32.85%) / (0.0458 * 2) = 2.21

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) = 3.11
Ebitda Yield = -3.06
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 = 0.0063
Debt = 0.1594
Market Cap = 2.39
Weight Debt = Market Cap / (Market Cap + Debt) = 2.39 / (2.39 + 0.1594) = 0.9375
Weight Cost Debt = 100% - 0.9375 = 0.0625
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) = 2.6
β = -0.3814
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + -0.3814 * 5.94 + 0 = 0.0033
WACC = (0.0063 / 0.1594) * (100% - 0.9375) * (1 - 0.21) + 0.0033 + 0.9375 = 3.07
Terminal Value = Discount (3.11 * (1 + -3.06) / (3.07 - -3.06)) = -1.78
Company Value = ∑ (3.11 / (1 + 3.07) ^ 5) = 1.84
Price = (Terminal Value + Company Value) / Count shares = (-1.78 + 1.84) / 529209999 = 0.1054

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) = -0.0507
FCF Yield = -0.0288
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 = 0.0063
Debt = 0.1594
Market Cap = 2.39
Weight Debt = Market Cap / (Market Cap + Debt) = 2.39 / (2.39 + 0.1594) = 0.9375
Weight Cost Debt = 100% - 0.9375 = 0.0625
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) = 2.6
β = -0.3814
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.6 + -0.3814 * 5.94 + 0 = 0.0033
WACC = (0.0063 / 0.1594) * (100% - 0.9375) * (1 - 0.21) + 0.0033 + 0.9375 = 3.07
Terminal Value = Discount (-0.0507 * (1 + -0.0288) / (3.07 - -0.0288)) = -0.7113
Company Value = ∑ (-0.0507 / (1 + 3.07) ^ 5) = -0.2463
Price = (Terminal Value + Company Value) / Count shares = (-0.7113 + -0.2463) / 529209999 = -1.81