9441.T WACC - Weighted Average Cost of Capital
The WACC of Bell-Park Co Ltd (9441.T) is 6.7%.
| Range | Selected | |
| Cost of equity | 5.4% - 8.0% | 6.7% |
| Tax rate | 30.2% - 31.3% | 30.75% |
| Cost of debt | 4.0% - 4.5% | 4.25% |
| WACC | 5.4% - 8.0% | 6.7% |
| Category | Low | High |
| Long-term bond rate | 1.4% | 1.9% |
| Equity market risk premium | 6.1% | 7.1% |
| Adjusted beta | 0.66 | 0.79 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.4% | 8.0% |
| Tax rate | 30.2% | 31.3% |
| Debt/Equity ratio | 0 | 0 |
| Cost of debt | 4.0% | 4.5% |
| After-tax WACC | 5.4% | 8.0% |
| Selected WACC | 6.7% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 9441.T | Bell-Park Co Ltd | 0 | 0.23 | 0.23 |
| 3322.T | Alpha Group Inc | 0.31 | -0.23 | -0.19 |
| 7618.T | PC Depot Corp | 0.2 | 1.33 | 1.17 |
| 8185.T | Chiyoda Co Ltd | 0.02 | 0.67 | 0.66 |
| 8202.T | Laox Co Ltd | 0.22 | 0.86 | 0.75 |
| 9428.T | Crops Corp | 0.26 | 0.3 | 0.25 |
| 9435.T | Hikari Tsushin Inc | 0.5 | 0.89 | 0.66 |
| 9444.T | Toshin Holdings Co Ltd | 4.18 | 0.25 | 0.06 |
| 9856.T | KU Holdings Co Ltd | 0.26 | 0.84 | 0.71 |
| FRT.VN | FPT Digital Retail JSC | 0.39 | 1.1 | 0.86 |
| Low | High | |
| Unlevered beta | 0.49 | 0.68 |
| Relevered beta | 0.49 | 0.69 |
| Adjusted relevered beta | 0.66 | 0.79 |
9441.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 9441.T:
cost_of_equity (6.70%) = 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.