2491.T WACC - Weighted Average Cost of Capital
The WACC of ValueCommerce Co Ltd (2491.T) is 7.3%.
| Range | Selected | |
| Cost of equity | 9.7% - 12.8% | 11.25% |
| Tax rate | 31.3% - 32.1% | 31.7% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 6.6% - 8.1% | 7.3% |
| Category | Low | High |
| Long-term bond rate | 1.4% | 1.9% |
| Equity market risk premium | 6.1% | 7.1% |
| Adjusted beta | 1.36 | 1.46 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.7% | 12.8% |
| Tax rate | 31.3% | 32.1% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 6.6% | 8.1% |
| Selected WACC | 7.3% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 2491.T | ValueCommerce Co Ltd | 1.05 | 0.76 | 0.44 |
| 2489.T | Adways Inc | 1.04 | 0.96 | 0.56 |
| 3675.T | Cross Marketing Group Inc | 0.36 | 1.45 | 1.16 |
| 3975.T | AOI TYO Holdings Inc | 0.63 | 1.52 | 1.06 |
| 3978.T | Macromill Inc | 0.64 | 0.22 | 0.16 |
| 4293.T | Septeni Holdings Co Ltd | 0.06 | 0.45 | 0.43 |
| 6058.T | Vector Inc | 0.27 | 1.06 | 0.9 |
| 6081.T | Allied Architects Inc | 0.12 | 1.33 | 1.23 |
| 6094.T | FreakOut Holdings inc | 1.61 | 0.73 | 0.35 |
| 6553.T | SoldOut Inc | 0.05 | 1.26 | 1.22 |
| 7354.T | Direct Marketing MIX Inc | 0.65 | 1.33 | 0.92 |
| Low | High | |
| Unlevered beta | 0.56 | 0.92 |
| Relevered beta | 1.54 | 1.69 |
| Adjusted relevered beta | 1.36 | 1.46 |
2491.T'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 2491.T:
cost_of_equity (11.25%) = risk_free_rate (1.65%) + equity_risk_premium (6.60%) * adjusted_beta (1.36) + 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.