analyze_start_up_firm: Get the posterior distribution of value-per-share parameter...

In TracyRage/fun_valuation: Personal fundamental analysis tool

Get the posterior distribution of value-per-share parameter (start-up firm)

Description

This function calculates all the relevant parameters and their posteriors for the analysis of start-up firms. Specifically, this function calculates value-per-share parameter posterior.

Usage

analyze_start_up_firm(
  revenue_scale,
  current_revenue,
  growth_trend_y1,
  growth_trend_y2,
  growth_trend_y3,
  growth_trend_y4,
  growth_trend_y5,
  growth_trend_y6,
  growth_trend_y7,
  growth_trend_y8,
  growth_trend_y9,
  growth_trend_y10,
  growth_trend_terminal,
  sales_capital,
  current_capex,
  initial_margin,
  final_margin,
  ebit,
  nol,
  marginal_tax,
  initial_beta,
  terminal_beta,
  initial_dc,
  terminal_dc,
  risk_free,
  risk_premium,
  cost_debt,
  terminal_cost_debt,
  cash,
  debt,
  stocks
)

Arguments

revenue_scale	Number Variation in revenue: 0.1 for firms w/ revenue (100-999M$); 0.01 for firms w/ revenue (1000M-inf)
current_revenue	Number Firm current revenue
growth_trend_y1	Number Growth current year to Y1
growth_trend_y2	Number Growth Y1 to Y2
growth_trend_y3	Number Growth Y2 to Y3
growth_trend_y4	Number Growth Y3 to Y4
growth_trend_y5	Number Growth Y4 to Y5
growth_trend_y6	Number Growth Y5 to Y6
growth_trend_y7	Number Growth Y6 to Y7
growth_trend_y8	Number Growth Y7 to Y8
growth_trend_y9	Number Growth Y8 to Y9
growth_trend_y10	Number Growth Y9 to Y10
growth_trend_terminal	Number Terminal growth (should be less than cost of firm)
sales_capital	Number Firm current Sales-to-Capital ratio
current_capex	Number Firm current capital investments
initial_margin	Number Firm current or hypothetical initial margin
final_margin	Number Firm margin in 10Y
ebit	Number Firm current EBIT
nol	Number Firm current net operating loss
marginal_tax	Number Current country tax rate
initial_beta	Number Firm current beta
terminal_beta	Number Firm beta in 10Y
initial_dc	Number Firm current Debt-to-Capital ratio
terminal_dc	Number Firm Debt-to-Capital ratio in 10Y
risk_free	Number Current risk-free rate
risk_premium	Number Current risk premium rate
cost_debt	Number Firm current cost of debt
terminal_cost_debt	Number Firm cost of debt in 10Y
cash	Number Firm current cash
debt	Number Firm current debt
stocks	Number Firm current shares outstanding

Value

List Fitted STAN model and the medians of relevant parameters

Examples

analyze_start_up_firm(
revenue_scale = 0.1,
current_revenue = 871,
growth_trend_y1 = 0.5,
growth_trend_y2 = 0.5,
growth_trend_y3 = 1,
growth_trend_y4 = 1,
growth_trend_y5 = 0.7,
growth_trend_y6 = 0.4,
growth_trend_y7 = 0.3,
growth_trend_y8 = 0.2,
growth_trend_y9 = 0.1,
growth_trend_y10 = 0.1,
growth_trend_terminal = 0.01,
sales_capital=0.31,
current_capex = 97,
initial_margin = 0.05,
final_margin = 0.3,
ebit= 0,
nol = 127,
marginal_tax = 0.3,
initial_beta = 1,
terminal_beta= 0.8,
initial_dc = 0.65,
terminal_dc = 0.8,
risk_free = 0.028,
risk_premium = 0.06,
cost_debt = 0.1,
terminal_cost_debt = 0.065,
cash = 313,
debt = 1556,
stocks = 284)

TracyRage/fun_valuation documentation built on Jan. 29, 2023, 8:41 a.m.