AKSA.IS WACC - Weighted Average Cost of Capital

The WACC of Aksa Akrilik Kimya Sanayii AS (AKSA.IS) is 26.5%.

The Cost of Equity of Aksa Akrilik Kimya Sanayii AS (AKSA.IS) is 30.15%.

The Cost of Debt of Aksa Akrilik Kimya Sanayii AS (AKSA.IS) is 14.15%.

	Range	Selected
Cost of equity	28.50% - 31.80%	30.15%
Tax rate	16.50% - 19.50%	18.00%
Cost of debt	5.80% - 22.50%	14.15%
WACC	23.9% - 29.1%	26.5%

WACC

AKSA.IS WACC calculation

Category	Low	High

Long-term bond rate	21.4%	21.9%
Equity market risk premium	10.2%	11.2%
Adjusted beta	0.7	0.84

Additional risk adjustments	0.0%	0.5%
Cost of equity	28.50%	31.80%

Tax rate	16.50%	19.50%
Debt/Equity ratio	0.24	0.24
Cost of debt	5.80%	22.50%

After-tax WACC	23.9%	29.1%


Selected WACC	26.5%

AKSA.IS'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 AKSA.IS:

cost_of_equity (30.15%) = risk_free_rate (21.65%) + equity_risk_premium (10.70%) * adjusted_beta (0.7) + 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.