9982.T WACC - Weighted Average Cost of Capital
The WACC of Takihyo Co Ltd (9982.T) is 5.4%.
| Range | Selected | |
| Cost of equity | 5.1% - 7.2% | 6.15% |
| Tax rate | 11.7% - 15.4% | 13.55% |
| Cost of debt | 4.0% - 4.5% | 4.25% |
| WACC | 4.7% - 6.2% | 5.4% |
| Category | Low | High |
| Long-term bond rate | 1.4% | 1.9% |
| Equity market risk premium | 6.1% | 7.1% |
| Adjusted beta | 0.61 | 0.67 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.1% | 7.2% |
| Tax rate | 11.7% | 15.4% |
| Debt/Equity ratio | 0.4 | 0.4 |
| Cost of debt | 4.0% | 4.5% |
| After-tax WACC | 4.7% | 6.2% |
| Selected WACC | 5.4% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| 9982.T | Takihyo Co Ltd | 0.4 | 0.57 | 0.42 |
| 3205.T | Daidoh Ltd | 0.61 | 0.93 | 0.61 |
| 3320.T | Cross Plus Inc | 0.35 | 0.75 | 0.58 |
| 3611.T | Matsuoka Corp | 0.82 | 0.89 | 0.52 |
| 7769.T | Rhythm Co Ltd | 0.25 | 0.32 | 0.27 |
| 7829.T | Samantha Thavasa Japan Ltd | 4.35 | -0.07 | -0.01 |
| 7872.T | Estelle Holdings Co Ltd | 1.46 | 0.17 | 0.08 |
| 8008.T | Yondoshi Holdings Inc | 0.35 | 0.4 | 0.31 |
| 8029.T | Look Holdings Inc | 0.63 | 0.54 | 0.35 |
| 9275.T | Narumiya International Co Ltd | 0.18 | 0.36 | 0.31 |
| Low | High | |
| Unlevered beta | 0.31 | 0.38 |
| Relevered beta | 0.42 | 0.51 |
| Adjusted relevered beta | 0.61 | 0.67 |
9982.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 9982.T:
cost_of_equity (6.15%) = risk_free_rate (1.65%) + equity_risk_premium (6.60%) * adjusted_beta (0.61) + 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.