531861.BO WACC - Weighted Average Cost of Capital
The WACC of Joindre Capital Services Ltd (531861.BO) is 13.8%.
| Range | Selected | |
| Cost of equity | 13.9% - 17.9% | 15.9% |
| Tax rate | 27.1% - 28.3% | 27.7% |
| Cost of debt | 7.5% - 7.5% | 7.5% |
| WACC | 12.2% - 15.3% | 13.8% |
| Category | Low | High |
| Long-term bond rate | 6.9% | 7.4% |
| Equity market risk premium | 8.3% | 9.3% |
| Adjusted beta | 0.85 | 1.08 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 13.9% | 17.9% |
| Tax rate | 27.1% | 28.3% |
| Debt/Equity ratio | 0.26 | 0.26 |
| Cost of debt | 7.5% | 7.5% |
| After-tax WACC | 12.2% | 15.3% |
| Selected WACC | 13.8% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 531861.BO | Joindre Capital Services Ltd | 0.26 | 0.64 | 0.54 |
| 505576.BO | Goldcrest Corporation Ltd | 0.02 | 1.06 | 1.04 |
| 530723.BO | Asit C Mehta Financial Services Ltd | 1.06 | -0.14 | -0.08 |
| 531950.BO | Vertex Securities Ltd | 0.15 | 1.02 | 0.92 |
| 534691.BO | Comfort Commotrade Ltd | 0.22 | 1.43 | 1.23 |
| DBSTOCKBRO.NS | DB (International) Stock Brokers Ltd | 0.04 | 0.76 | 0.73 |
| KEYFINSERV.NS | Keynote Financial Services Ltd | 0 | 0.19 | 0.19 |
| KHANDSE.NS | Khandwala Securities Ltd | 0.04 | 1.15 | 1.11 |
| ONELIFECAP.NS | Onelife Capital Advisors Ltd | 1.93 | 1.25 | 0.52 |
| STAMPEDE.NS | Stampede Capital Ltd | 0.18 | 1.11 | 0.98 |
| Low | High | |
| Unlevered beta | 0.66 | 0.94 |
| Relevered beta | 0.78 | 1.12 |
| Adjusted relevered beta | 0.85 | 1.08 |
531861.BO'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 531861.BO:
cost_of_equity (15.90%) = risk_free_rate (7.15%) + equity_risk_premium (8.80%) * adjusted_beta (0.85) + 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.