049480.KQ WACC - Weighted Average Cost of Capital
The WACC of Openbase Inc (049480.KQ) is 6.3%.
| Range | Selected | |
| Cost of equity | 6.0% - 7.9% | 6.95% |
| Tax rate | 19.2% - 20.9% | 20.05% |
| Cost of debt | 4.1% - 4.7% | 4.4% |
| WACC | 5.5% - 7.1% | 6.3% |
| Category | Low | High |
| Long-term bond rate | 3.1% | 3.6% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 0.51 | 0.57 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.0% | 7.9% |
| Tax rate | 19.2% | 20.9% |
| Debt/Equity ratio | 0.25 | 0.25 |
| Cost of debt | 4.1% | 4.7% |
| After-tax WACC | 5.5% | 7.1% |
| Selected WACC | 6.3% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 049480.KQ | Openbase Inc | 0.25 | 0.31 | 0.25 |
| 010280.KQ | SsangYong Information & Communications Corp | 0.71 | -0.16 | -0.1 |
| 020180.KQ | Daishin Information | 0.63 | 0.17 | 0.11 |
| 031820.KS | Comtec Systems Co Ltd | 1.14 | 0.45 | 0.23 |
| 042500.KQ | RingNet Co Ltd | 0 | 0.35 | 0.35 |
| 045510.KQ | Zungwon En Sys Inc | 0.33 | -0.09 | -0.07 |
| 052460.KQ | Icraft Co Ltd | 0.38 | 1.12 | 0.86 |
| 053980.KQ | Osangjaiel Co Ltd | 0 | 0.83 | 0.83 |
| 173130.KQ | Opasnet Co Ltd | 0.4 | 0.26 | 0.2 |
| 8229.HK | Future Data Group Ltd | 0.04 | 0.55 | 0.53 |
| Low | High | |
| Unlevered beta | 0.22 | 0.29 |
| Relevered beta | 0.27 | 0.36 |
| Adjusted relevered beta | 0.51 | 0.57 |
049480.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 049480.KQ:
cost_of_equity (6.95%) = risk_free_rate (3.35%) + equity_risk_premium (6.30%) * adjusted_beta (0.51) + 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.