OTC: AMGDF - Aston Martin Lagonda Global Holdings plc

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 = -0.406
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 1.98 + (1.98 * 8.66% / 100) = 2.15

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) = 0.9221
Ebitda Yield = 0.1934
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 = 0.2216
Debt = 1.13
Market Cap = 3.36
Weight Debt = Market Cap / (Market Cap + Debt) = 3.36 / (3.36 + 1.13) = 0.7486
Weight Cost Debt = 100% - 0.7486 = 0.2514
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) = 2.89
β = -3.55
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -3.55 * 5.94 + 0 = -0.1822
WACC = (0.2216 / 1.13) * (100% - 0.7486) * (1 - 0.21) + -0.1822 + 0.7486 = 15.27
Terminal Value = Discount (0.9221 * (1 + 0.1934) / (15.27 - 0.1934)) = 13.27
Company Value = ∑ (0.9221 / (1 + 15.27) ^ 5) = 2.12
Price = (Terminal Value + Company Value) / Count shares = (13.27 + 2.12) / 748200000 = 20.56

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) = -0.325
FCF Yield = 0.0099
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 = 0.2216
Debt = 1.13
Market Cap = 3.36
Weight Debt = Market Cap / (Market Cap + Debt) = 3.36 / (3.36 + 1.13) = 0.7486
Weight Cost Debt = 100% - 0.7486 = 0.2514
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) = 2.89
β = -3.55
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.89 + -3.55 * 5.94 + 0 = -0.1822
WACC = (0.2216 / 1.13) * (100% - 0.7486) * (1 - 0.21) + -0.1822 + 0.7486 = 15.27
Terminal Value = Discount (-0.325 * (1 + 0.0099) / (15.27 - 0.0099)) = -1.13
Company Value = ∑ (-0.325 / (1 + 15.27) ^ 5) = -1.06
Price = (Terminal Value + Company Value) / Count shares = (-1.13 + -1.06) / 748200000 = -2.92