NYSE: SKE - Skeena Resources Limited

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 = -1.29
CAGR EPS = 13.32%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 7.24 + (7.24 * 13.32% / 100) = 8.2

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) = -0.6062
Ebitda Yield = 0.3971
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 = 0.000339
Debt = 0.0324
Market Cap = 0.4087
Weight Debt = Market Cap / (Market Cap + Debt) = 0.4087 / (0.4087 + 0.0324) = 0.9266
Weight Cost Debt = 100% - 0.9266 = 0.0734
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) = 3
β = 0.8534
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 0.8534 * 5.94 + 0 = 0.0807
WACC = (0.000339 / 0.0324) * (100% - 0.9266) * (1 - 0.21) + 0.0807 + 0.9266 = 0.8941
Terminal Value = Discount (-0.6062 * (1 + 0.3971) / (0.8941 - 0.3971)) = -2.09
Company Value = ∑ (-0.6062 / (1 + 0.8941) ^ 5) = -1.68
Price = (Terminal Value + Company Value) / Count shares = (-2.09 + -1.68) / 84350000 = -44.62

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
FCF Yield = -0.4782
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 = 0.000339
Debt = 0.0324
Market Cap = 0.4087
Weight Debt = Market Cap / (Market Cap + Debt) = 0.4087 / (0.4087 + 0.0324) = 0.9266
Weight Cost Debt = 100% - 0.9266 = 0.0734
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) = 3
β = 0.8534
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 0.8534 * 5.94 + 0 = 0.0807
WACC = (0.000339 / 0.0324) * (100% - 0.9266) * (1 - 0.21) + 0.0807 + 0.9266 = 0.8941
Terminal Value = Discount (0 * (1 + -0.4782) / (0.8941 - -0.4782)) = 0
Company Value = ∑ (0 / (1 + 0.8941) ^ 5) = -0.000117
Price = (Terminal Value + Company Value) / Count shares = (0 + -0.000117) / 84350000 = -0.0014