AKSEN.IS WACC - Weighted Average Cost of Capital

The WACC of Aksa Enerji Uretim AS (AKSEN.IS) is 25.8%.

The Cost of Equity of Aksa Enerji Uretim AS (AKSEN.IS) is 27.65%.

The Cost of Debt of Aksa Enerji Uretim AS (AKSEN.IS) is 21.70%.

	Range	Selected
Cost of equity	26.60% - 28.70%	27.65%
Tax rate	15.30% - 16.70%	16.00%
Cost of debt	16.10% - 27.30%	21.70%
WACC	24.0% - 27.5%	25.8%

WACC

AKSEN.IS WACC calculation

Category	Low	High

Long-term bond rate	21.4%	21.9%
Equity market risk premium	10.2%	11.2%
Adjusted beta	0.51	0.56

Additional risk adjustments	0.0%	0.5%
Cost of equity	26.60%	28.70%

Tax rate	15.30%	16.70%
Debt/Equity ratio	0.24	0.24
Cost of debt	16.10%	27.30%

After-tax WACC	24.0%	27.5%


Selected WACC	25.8%

AKSEN.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 AKSEN.IS:

cost_of_equity (27.65%) = risk_free_rate (21.65%) + equity_risk_premium (10.70%) * adjusted_beta (0.51) + 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.