Average price: 7.42 $
Price based on EPS: 8.18 $ -29.72%
Price according to DCF model (ebitda): 12.8 $ +9.98%
Price according to DCF model (FCF): 7.09 $ -39.12%
Price based on EPS
Price = EPS * (1 + CAGR EPS) / (Key Rate * Excess Key Rate)
Key Rate = Key rate
Fair price = 8.18 $
Current price = 11.64 $ (difference = -29.72%)
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 = 12.8 $
Current price = 11.64 $ (difference = +9.98%)
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 = 7.09 $
Current price = 11.64 $ (difference = -39.12%)
Data
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