3600.T WACC - Weighted Average Cost of Capital
The WACC of Fujix Ltd (3600.T) is 5.2%.
| Range | Selected | |
| Cost of equity | 4.6% - 7.0% | 5.8% |
| Tax rate | 4.1% - 11.9% | 8% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 4.7% - 5.7% | 5.2% |
| Category | Low | High |
| Long-term bond rate | 1.4% | 1.9% |
| Equity market risk premium | 6.1% | 7.1% |
| Adjusted beta | 0.52 | 0.64 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 4.6% | 7.0% |
| Tax rate | 4.1% | 11.9% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 4.7% | 5.7% |
| Selected WACC | 5.2% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 3600.T | Fujix Ltd | 1.16 | 0.23 | 0.11 |
| 3103.T | Unitika Ltd | 10.94 | 0.95 | 0.08 |
| 3109.T | Shikibo Ltd | 2.16 | 0.48 | 0.16 |
| 3111.T | Omikenshi Co Ltd | 3.72 | 0.76 | 0.17 |
| 3123.T | Saibo Co Ltd | 2.01 | 0.47 | 0.16 |
| 3125.T | Shinnaigai Textile Ltd | 0.22 | 1 | 0.83 |
| 3204.T | Toabo Corp | 3.67 | 0.27 | 0.06 |
| 3512.T | Nippon Felt Co Ltd | 0.1 | 0.38 | 0.35 |
| 3515.T | Fuji Corp | 0.21 | 0.71 | 0.59 |
| 3524.T | Nitto Seimo Co Ltd | 4.54 | 0.51 | 0.1 |
| 3578.T | Soko Seiren Co Ltd | 0.32 | 1.17 | 0.9 |
| Low | High | |
| Unlevered beta | 0.16 | 0.17 |
| Relevered beta | 0.28 | 0.46 |
| Adjusted relevered beta | 0.52 | 0.64 |
3600.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 3600.T:
cost_of_equity (5.80%) = risk_free_rate (1.65%) + equity_risk_premium (6.60%) * adjusted_beta (0.52) + 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.