067920.KQ WACC - Weighted Average Cost of Capital
The WACC of Igloo Security Inc (067920.KQ) is 8.9%.
| Range | Selected | |
| Cost of equity | 7.3% - 10.7% | 9% |
| Tax rate | 11.0% - 14.2% | 12.6% |
| Cost of debt | 4.0% - 7.0% | 5.5% |
| WACC | 7.2% - 10.6% | 8.9% |
| Category | Low | High |
| Long-term bond rate | 3.1% | 3.6% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 0.72 | 0.98 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.3% | 10.7% |
| Tax rate | 11.0% | 14.2% |
| Debt/Equity ratio | 0.03 | 0.03 |
| Cost of debt | 4.0% | 7.0% |
| After-tax WACC | 7.2% | 10.6% |
| Selected WACC | 8.9% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 067920.KQ | Igloo Security Inc | 0.03 | 0.33 | 0.32 |
| 012510.KS | Duzon Bizon Co Ltd | 0.17 | 0.25 | 0.22 |
| 039290.KQ | InfoBank Corp | 0 | 1.04 | 1.03 |
| 049470.KQ | SGA Co Ltd | 0.01 | 0.44 | 0.44 |
| 197140.KQ | Digicap Co Ltd | 0.03 | 0.67 | 0.65 |
| 205100.KQ | Exem Co Ltd | 0.02 | 1.03 | 1.02 |
| 213090.KQ | Mirae Technology Co Ltd | 0.06 | 0.94 | 0.89 |
| 263800.KQ | Datasolution Inc | 0.04 | 1.09 | 1.06 |
| 263860.KQ | Genians Inc | 0.01 | 0.26 | 0.26 |
| 4288.T | Asgent Inc | 0.09 | 1.98 | 1.84 |
| Low | High | |
| Unlevered beta | 0.57 | 0.94 |
| Relevered beta | 0.58 | 0.97 |
| Adjusted relevered beta | 0.72 | 0.98 |
067920.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 067920.KQ:
cost_of_equity (9.00%) = 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.