3137.T WACC - Weighted Average Cost of Capital
The WACC of Fundely Co Ltd (3137.T) is 6.3%.
| Range | Selected | |
| Cost of equity | 5.4% - 9.6% | 7.5% |
| Tax rate | 0.8% - 1.4% | 1.1% |
| Cost of debt | 4.0% - 7.0% | 5.5% |
| WACC | 4.6% - 8.0% | 6.3% |
| Category | Low | High |
| Long-term bond rate | 1.4% | 1.9% |
| Equity market risk premium | 6.1% | 7.1% |
| Adjusted beta | 0.49 | 0.86 |
| Additional risk adjustments | 1.0% | 1.5% |
| Cost of equity | 5.4% | 9.6% |
| Tax rate | 0.8% | 1.4% |
| Debt/Equity ratio | 1.33 | 1.33 |
| Cost of debt | 4.0% | 7.0% |
| After-tax WACC | 4.6% | 8.0% |
| Selected WACC | 6.3% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 3137.T | Fundely Co Ltd | 1.33 | 1.06 | 0.46 |
| 2656.T | Vector Inc | 0 | 1.35 | 1.34 |
| 3138.T | Fujisan Magazine Service Co Ltd | 0.18 | 0.31 | 0.27 |
| 3192.T | Shirohato Co Ltd | 1.67 | 0.43 | 0.16 |
| 3195.T | Generation Pass Co Ltd | 0.28 | 0.01 | 0.01 |
| 3773.HK | NNK Group Ltd | 0.23 | 0.02 | 0.01 |
| 3807.T | Fisco Ltd | 0 | 1.34 | 1.34 |
| 3981.T | Beaglee Inc | 0.59 | 1.01 | 0.64 |
| 3995.T | Skiyaki Inc | 0.04 | 0.01 | 0.01 |
| INP.AX | Incentiapay Ltd | 2.98 | -1.62 | -0.41 |
| Low | High | |
| Unlevered beta | 0.1 | 0.34 |
| Relevered beta | 0.24 | 0.79 |
| Adjusted relevered beta | 0.49 | 0.86 |
3137.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 3137.T:
cost_of_equity (7.50%) = risk_free_rate (1.65%) + equity_risk_premium (6.60%) * adjusted_beta (0.49) + risk_adjustments (1.25%)
We include the risk adjustments, which range from 0% to 1%, to keep our WACC conservatives, especially for companies traded in developing markets.