ACWN.DE WACC - Weighted Average Cost of Capital
The WACC of AS Creation Tapeten AG (ACWN.DE) is 6.8%.
| Range | Selected | |
| Cost of equity | 7.3% - 10.3% | 8.8% |
| Tax rate | 34.5% - 42.7% | 38.6% |
| Cost of debt | 4.8% - 7.0% | 5.9% |
| WACC | 5.7% - 7.9% | 6.8% |
| Category | Low | High |
| Long-term bond rate | 2.8% | 3.3% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.88 | 1.07 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.3% | 10.3% |
| Tax rate | 34.5% | 42.7% |
| Debt/Equity ratio | 0.61 | 0.61 |
| Cost of debt | 4.8% | 7.0% |
| After-tax WACC | 5.7% | 7.9% |
| Selected WACC | 6.8% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| ACWN.DE | AS Creation Tapeten AG | 0.61 | 0.16 | 0.12 |
| ALU10.PA | U10 Corp SA | 1.91 | 0.56 | 0.26 |
| BCRA.PA | Baccarat SA | 0.36 | 0.99 | 0.81 |
| CFX.L | Colefax Group PLC | 0.49 | 0.15 | 0.11 |
| DGKLB.IS | Dogtas Kelebek Mobilya Sanayi ve Ticaret AS | 0.78 | 1.36 | 0.93 |
| FORN.SW | Forbo Holding AG | 0.04 | 1.15 | 1.13 |
| HDG.AS | Hunter Douglas NV | 0.03 | 0.82 | 0.81 |
| TCM.CO | TCM Group A/S | 0.39 | 0.42 | 0.34 |
| TOA.WA | Toya SA | 0.1 | 0.83 | 0.78 |
| YATAS.IS | Yatas Yatak ve Yorgan Sanayi Ticaret AS | 0.22 | 1.44 | 1.27 |
| Low | High | |
| Unlevered beta | 0.6 | 0.81 |
| Relevered beta | 0.82 | 1.1 |
| Adjusted relevered beta | 0.88 | 1.07 |
ACWN.DE'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 ACWN.DE:
cost_of_equity (8.80%) = risk_free_rate (3.05%) + equity_risk_premium (5.60%) * adjusted_beta (0.88) + 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.