AGL.MI
Autogrill SpA
Price:  
7.07 
EUR
Volume:  
178,151
Italy | Hotels, Restaurants & Leisure

AGL.MI WACC - Weighted Average Cost of Capital

The WACC of Autogrill SpA (AGL.MI) is 7.4%.

The Cost of Equity of Autogrill SpA (AGL.MI) is 10.8%.
The Cost of Debt of Autogrill SpA (AGL.MI) is 4.35%.

RangeSelected
Cost of equity9.6% - 12.0%10.8%
Tax rate24.0% - 24.0%24%
Cost of debt4.0% - 4.7%4.35%
WACC6.6% - 8.2%7.4%
WACC

AGL.MI WACC calculation

CategoryLowHigh
Long-term bond rate3.7%4.2%
Equity market risk premium8.3%9.3%
Adjusted beta0.720.79
Additional risk adjustments0.0%0.5%
Cost of equity9.6%12.0%
Tax rate24.0%24.0%
Debt/Equity ratio
0.830.83
Cost of debt4.0%4.7%
After-tax WACC6.6%8.2%
Selected WACC7.4%

AGL.MI'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 AGL.MI:

cost_of_equity (10.80%) = risk_free_rate (3.95%) + equity_risk_premium (8.80%) * adjusted_beta (0.72) + 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.