105840.KS WACC - Weighted Average Cost of Capital
The WACC of Woojin Inc (105840.KS) is 6.9%.
| Range | Selected | |
| Cost of equity | 5.8% - 8.0% | 6.9% |
| Tax rate | 18.3% - 19.1% | 18.7% |
| Cost of debt | 4.0% - 4.5% | 4.25% |
| WACC | 5.8% - 8.0% | 6.9% |
| Category | Low | High |
| Long-term bond rate | 3.1% | 3.6% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 0.47 | 0.58 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.8% | 8.0% |
| Tax rate | 18.3% | 19.1% |
| Debt/Equity ratio | 0.01 | 0.01 |
| Cost of debt | 4.0% | 4.5% |
| After-tax WACC | 5.8% | 8.0% |
| Selected WACC | 6.9% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 105840.KS | Woojin Inc | 0.01 | 1.13 | 1.12 |
| 002230.KQ | PS Tec Co Ltd | 0.35 | 0.25 | 0.2 |
| 044780.KQ | HK Co Ltd | 0.69 | 0.45 | 0.29 |
| 057540.KQ | Omnisystem Co Ltd | 0.11 | 0.18 | 0.17 |
| 092460.KQ | Hanla IMS Co Ltd | 0.06 | 0.52 | 0.5 |
| 093190.KQ | Bixolon Co Ltd | 0.04 | 0.22 | 0.21 |
| 131220.KQ | Daihan Scientific Co Ltd | 0.06 | 0.57 | 0.55 |
| 137940.KQ | Next Eye Co Ltd | 0.28 | -0.27 | -0.22 |
| 181340.KQ | IsMedia Co Ltd | 0.08 | 1.42 | 1.33 |
| 224110.KQ | Atec T& Co Ltd | 0.26 | -0.1 | -0.09 |
| Low | High | |
| Unlevered beta | 0.2 | 0.37 |
| Relevered beta | 0.21 | 0.37 |
| Adjusted relevered beta | 0.47 | 0.58 |
105840.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 105840.KS:
cost_of_equity (6.90%) = risk_free_rate (3.35%) + equity_risk_premium (6.30%) * adjusted_beta (0.47) + 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.