Average price: 1.1 ₽
Price based on EPS: 0.6244 ₽ -71.69%
Discount price Net Income: 1.58 ₽ -28.39%
Price based on EPS
Price = EPS * (1 + CAGR EPS) / (Key Rate * Excess Key Rate)
Key Rate = Key rate
Fair price = 0.6244 ₽
Current price = 2.21 ₽ (difference = -71.69%)
Data
Discounted Cash Flow (Based on EBITDA)
Price = (Terminal Value + Company Value) / Count shares
Price - Fair price
Terminal Value — cost in the post-forecast period
Company Value — cost during the forecast period
Count shares - Number of shares
Terminal Value = Discount Ebitda(5) * (1 + Ebitda Yield) / (WACC - Ebitda Yield)
Company Value = ∑ (Future Ebitda / (1 + WACC) ^ 5)
WACC - weighted average cost of capital (taking into account country risks, inflation, taxes, etc.)
Fair price = 13.84 ₽
Current price = 2.21 ₽ (difference = +527.27%)
Data
Discounted Cash Flow (Based on FCF)
Price = (Terminal Value + Company Value) / Count shares
Price - Fair price
Terminal Value — cost in the post-forecast period
Company Value — cost during the forecast period
Count shares - Number of shares
Terminal Value = Discount FCF(5) * (1 + FCF Yield) / (WACC - FCF Yield) ^ 5
Company Value = ∑ (FCF / (1 + WACC) ^ 5)
WACC - weighted average cost of capital (taking into account country risks, inflation, taxes, etc.)
Fair price = -1.51 ₽
Current price = 2.21 ₽ (difference = -168.4%)
Data
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