049070.KQ WACC - Weighted Average Cost of Capital
The WACC of Intops Co Ltd (049070.KQ) is 8.2%.
| Range | Selected | |
| Cost of equity | 7.3% - 10.0% | 8.65% |
| Tax rate | 18.9% - 21.4% | 20.15% |
| Cost of debt | 4.0% - 7.0% | 5.5% |
| WACC | 6.9% - 9.5% | 8.2% |
| Category | Low | High |
| Long-term bond rate | 3.1% | 3.6% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 0.72 | 0.86 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.3% | 10.0% |
| Tax rate | 18.9% | 21.4% |
| Debt/Equity ratio | 0.11 | 0.11 |
| Cost of debt | 4.0% | 7.0% |
| After-tax WACC | 6.9% | 9.5% |
| Selected WACC | 8.2% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 049070.KQ | Intops Co Ltd | 0.11 | 1.5 | 1.38 |
| 007660.KS | Isu Petasys Co Ltd | 0.06 | 1.87 | 1.79 |
| 007810.KS | Korea Circuit Co Ltd | 0.89 | 1.64 | 0.96 |
| 008060.KS | Daeduck Co Ltd | 0.09 | 0.31 | 0.29 |
| 036710.KQ | Simmtech Holdings Co Ltd | 2.28 | 1.26 | 0.44 |
| 037330.KQ | Inzi Display Co Ltd | 2.88 | 0.78 | 0.24 |
| 050110.KQ | CammSys Corp | 1.26 | 1.21 | 0.6 |
| 090460.KQ | BH Co Ltd | 0.28 | 0.82 | 0.67 |
| 091700.KQ | Partron Co Ltd | 0.12 | 0.4 | 0.36 |
| 097520.KQ | MCNEX Co Ltd | 0.1 | 0.98 | 0.9 |
| Low | High | |
| Unlevered beta | 0.54 | 0.76 |
| Relevered beta | 0.58 | 0.79 |
| Adjusted relevered beta | 0.72 | 0.86 |
049070.KQ'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 049070.KQ:
cost_of_equity (8.65%) = risk_free_rate (3.35%) + equity_risk_premium (6.30%) * adjusted_beta (0.72) + 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.