OTC: PDYPY - Flutter Entertainment 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 = -2.1
CAGR EPS = -177.57%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0 + (0 * -177.57% / 100) = 18.81

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) = 2.18
Ebitda Yield = 0.153
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 = 0.2071
Debt = 5.8
Market Cap = 30.11
Weight Debt = Market Cap / (Market Cap + Debt) = 30.11 / (30.11 + 5.8) = 0.8385
Weight Cost Debt = 100% - 0.8385 = 0.1615
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
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 0 * 5.94 + 0 = 0.03
WACC = (0.2071 / 5.8) * (100% - 0.8385) * (1 - 0.21) + 0.03 + 0.8385 = 2.82
Terminal Value = Discount (2.18 * (1 + 0.153) / (2.82 - 0.153)) = 17.51
Company Value = ∑ (2.18 / (1 + 2.82) ^ 5) = 7.63
Price = (Terminal Value + Company Value) / Count shares = (17.51 + 7.63) / 176090000 = 142.77

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) = 2.81
FCF Yield = 0.2531
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 = 0.2071
Debt = 5.8
Market Cap = 30.11
Weight Debt = Market Cap / (Market Cap + Debt) = 30.11 / (30.11 + 5.8) = 0.8385
Weight Cost Debt = 100% - 0.8385 = 0.1615
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
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 0 * 5.94 + 0 = 0.03
WACC = (0.2071 / 5.8) * (100% - 0.8385) * (1 - 0.21) + 0.03 + 0.8385 = 2.82
Terminal Value = Discount (2.81 * (1 + 0.2531) / (2.82 - 0.2531)) = 13.62
Company Value = ∑ (2.81 / (1 + 2.82) ^ 5) = 8.55
Price = (Terminal Value + Company Value) / Count shares = (13.62 + 8.55) / 176090000 = 125.93