9361.T WACC - Weighted Average Cost of Capital
The WACC of Fushiki Kairiku Unso Co Ltd (9361.T) is 4.6%.
| Range | Selected | |
| Cost of equity | 5.4% - 9.1% | 7.25% |
| Tax rate | 36.7% - 38.0% | 37.35% |
| Cost of debt | 4.0% - 4.5% | 4.25% |
| WACC | 3.7% - 5.4% | 4.6% |
| Category | Low | High |
| Long-term bond rate | 1.4% | 1.9% |
| Equity market risk premium | 6.1% | 7.1% |
| Adjusted beta | 0.66 | 0.95 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.4% | 9.1% |
| Tax rate | 36.7% | 38.0% |
| Debt/Equity ratio | 1.41 | 1.41 |
| Cost of debt | 4.0% | 4.5% |
| After-tax WACC | 3.7% | 5.4% |
| Selected WACC | 4.6% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 9361.T | Fushiki Kairiku Unso Co Ltd | 1.41 | 0.46 | 0.24 |
| 9351.T | Toyo Wharf & Warehouse Co Ltd | 1.29 | 0.31 | 0.17 |
| 9353.T | Sakurajima Futo Kaisha Ltd | 0.61 | 0.38 | 0.27 |
| 9355.T | Rinko Corp | 2.13 | 0.21 | 0.09 |
| 9365.T | Tradia Corp | 2.11 | 0.33 | 0.14 |
| 9367.T | Daito Koun Co Ltd | 0.37 | 0.36 | 0.29 |
| 9377.T | AGP Corp | 0.03 | 0.8 | 0.79 |
| CDN.VN | Danang Port JSC | 0.14 | 0.97 | 0.89 |
| NAVKARCORP.NS | Navkar Corporation Ltd | 0.13 | 1.59 | 1.46 |
| SURIA.KL | Suria Capital Holdings Bhd | 0.04 | 0.98 | 0.95 |
| Low | High | |
| Unlevered beta | 0.26 | 0.49 |
| Relevered beta | 0.49 | 0.93 |
| Adjusted relevered beta | 0.66 | 0.95 |
9361.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 9361.T:
cost_of_equity (7.25%) = risk_free_rate (1.65%) + equity_risk_premium (6.60%) * adjusted_beta (0.66) + 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.