OTC: DROOF - Deliveroo 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 = -0.0245
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 1.83 + (1.83 * 8.66% / 100) = 1.99

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) = 0.1634
Ebitda Yield = 0.1442
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 = 0.0033
Debt = 0.0623
Market Cap = 2.97
Weight Debt = Market Cap / (Market Cap + Debt) = 2.97 / (2.97 + 0.0623) = 0.9795
Weight Cost Debt = 100% - 0.9795 = 0.0205
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) = 2.75
β = -2.94
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -2.94 * 5.94 + 0 = -0.1471
WACC = (0.0033 / 0.0623) * (100% - 0.9795) * (1 - 0.21) + -0.1471 + 0.9795 = 4
Terminal Value = Discount (0.1634 * (1 + 0.1442) / (4 - 0.1442)) = 1.47
Company Value = ∑ (0.1634 / (1 + 4) ^ 5) = 0.5598
Price = (Terminal Value + Company Value) / Count shares = (1.47 + 0.5598) / 1731470000 = 1.17

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) = -0.005
FCF Yield = -0.28
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 = 0.0033
Debt = 0.0623
Market Cap = 2.97
Weight Debt = Market Cap / (Market Cap + Debt) = 2.97 / (2.97 + 0.0623) = 0.9795
Weight Cost Debt = 100% - 0.9795 = 0.0205
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) = 2.75
β = -2.94
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -2.94 * 5.94 + 0 = -0.1471
WACC = (0.0033 / 0.0623) * (100% - 0.9795) * (1 - 0.21) + -0.1471 + 0.9795 = 4
Terminal Value = Discount (-0.005 * (1 + -0.28) / (4 - -0.28)) = -0.0093
Company Value = ∑ (-0.005 / (1 + 4) ^ 5) = -0.0494
Price = (Terminal Value + Company Value) / Count shares = (-0.0093 + -0.0494) / 1731470000 = -0.0339