009180.KS WACC - Weighted Average Cost of Capital
The WACC of Hansol Logistics Co Ltd (009180.KS) is 7.3%.
| Range | Selected | |
| Cost of equity | 7.8% - 12.4% | 10.1% |
| Tax rate | 27.6% - 28.8% | 28.2% |
| Cost of debt | 4.5% - 6.0% | 5.25% |
| WACC | 5.8% - 8.8% | 7.3% |
| Category | Low | High |
| Long-term bond rate | 3.1% | 3.6% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 0.81 | 1.22 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.8% | 12.4% |
| Tax rate | 27.6% | 28.8% |
| Debt/Equity ratio | 0.79 | 0.79 |
| Cost of debt | 4.5% | 6.0% |
| After-tax WACC | 5.8% | 8.8% |
| Selected WACC | 7.3% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 009180.KS | Hansol Logistics Co Ltd | 0.79 | 0.36 | 0.23 |
| 002320.KS | Hanjin Transportation Co Ltd | 7.09 | 0.55 | 0.09 |
| 009070.KS | KCTC | 2.92 | -0.48 | -0.16 |
| 300240.SZ | Jiangsu Feiliks International Logistics Inc | 0.37 | 0.72 | 0.57 |
| 9324.T | Yasuda Logistics Corp | 1.34 | 0.59 | 0.3 |
| 9381.T | AIT Corp | 0.01 | 0.79 | 0.79 |
| GATI.NS | Gati Ltd | 0.19 | 1.4 | 1.23 |
| MAHLOG.NS | Mahindra Logistics Ltd | 0.3 | 1.67 | 1.37 |
| TASCO.KL | TASCO Bhd | 0.86 | 1.52 | 0.94 |
| TCI.NS | Transport Corporation of India Ltd | 0.02 | 1.29 | 1.27 |
| Low | High | |
| Unlevered beta | 0.46 | 0.85 |
| Relevered beta | 0.72 | 1.33 |
| Adjusted relevered beta | 0.81 | 1.22 |
009180.KS's CAPM model and how its cost of Equity is calculated
The Cost of Equity reflects the return a company needs to deliver to shareholders to justify the risk of investing in its shares. It’s computed using the Capital Asset Pricing Model (CAPM), which blends the risk-free rate, the stock’s beta, and the market risk premium.
This method evaluates the stock’s risk compared to a safe investment and the market’s overall volatility.
Here’s how we figure out the cost of equity for 009180.KS:
cost_of_equity (10.10%) = risk_free_rate (3.35%) + equity_risk_premium (6.30%) * adjusted_beta (0.81) + risk_adjustments (0.25%)
We include the risk adjustments, which range from 0% to 1%, to keep our WACC conservatives, especially for companies traded in developing markets.