208350.KQ WACC - Weighted Average Cost of Capital
The WACC of Jiransecurity Co Ltd (208350.KQ) is 6.1%.
| Range | Selected | |
| Cost of equity | 6.2% - 8.4% | 7.3% |
| Tax rate | 14.8% - 16.5% | 15.65% |
| Cost of debt | 4.0% - 5.3% | 4.65% |
| WACC | 5.2% - 7.0% | 6.1% |
| Category | Low | High |
| Long-term bond rate | 3.1% | 3.6% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 0.53 | 0.64 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.2% | 8.4% |
| Tax rate | 14.8% | 16.5% |
| Debt/Equity ratio | 0.55 | 0.55 |
| Cost of debt | 4.0% | 5.3% |
| After-tax WACC | 5.2% | 7.0% |
| Selected WACC | 6.1% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 208350.KQ | Jiransecurity Co Ltd | 0.55 | 0.41 | 0.28 |
| 049470.KQ | SGA Co Ltd | 0.01 | 0.42 | 0.41 |
| 054920.KQ | Hancom With Inc | 0.68 | -0.59 | -0.37 |
| 072770.KQ | Yulho Co Ltd | 0.55 | -0.01 | 0 |
| 079970.KQ | ToBeSoft Co Ltd | 0.34 | 0.33 | 0.26 |
| 131090.KQ | Secuve Co Ltd | 0 | 0.37 | 0.37 |
| 150900.KQ | Fasoo Co Ltd | 0.06 | 0.88 | 0.84 |
| 222810.KQ | Midas AI Co Ltd | 0.33 | 0.18 | 0.14 |
| 258790.KQ | SoftCamp Co Ltd | 0.32 | -0.63 | -0.5 |
| 290270.KQ | Hunesion Co Ltd | 0.01 | 0.59 | 0.59 |
| Low | High | |
| Unlevered beta | 0.21 | 0.32 |
| Relevered beta | 0.3 | 0.46 |
| Adjusted relevered beta | 0.53 | 0.64 |
208350.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 208350.KQ:
cost_of_equity (7.30%) = risk_free_rate (3.35%) + equity_risk_premium (6.30%) * adjusted_beta (0.53) + 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.