ALDR.PA WACC - Weighted Average Cost of Capital
The WACC of Delta Drone SA (ALDR.PA) is 6.5%.
| Range | Selected | |
| Cost of equity | 9.5% - 19.7% | 14.6% |
| Tax rate | 0.8% - 1.1% | 0.95% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 5.7% - 7.3% | 6.5% |
| Category | Low | High |
| Long-term bond rate | 3.1% | 3.6% |
| Equity market risk premium | 6.2% | 7.2% |
| Adjusted beta | 1.03 | 2.15 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.5% | 19.7% |
| Tax rate | 0.8% | 1.1% |
| Debt/Equity ratio | 5.19 | 5.19 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 5.7% | 7.3% |
| Selected WACC | 6.5% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| ALDR.PA | Delta Drone SA | 5.19 | -1.52 | -0.25 |
| AAC.ST | AAC Clyde Space AB | 0.01 | 0.37 | 0.37 |
| ALNSE.PA | NSE SA | 0.05 | 0.65 | 0.62 |
| CHRT.L | Cohort PLC | 0.06 | 0.85 | 0.81 |
| FGA.PA | Figeac Aero SARL | 0.96 | 0.93 | 0.48 |
| GOMX.ST | GomSpace Group AB | 0.07 | 0.38 | 0.36 |
| LBW.WA | Lubawa SA | 0.01 | 0.61 | 0.6 |
| MSI.L | MS International PLC | 0 | 0.93 | 0.92 |
| OHB.DE | OHB SE | 0.16 | 0.55 | 0.47 |
| VEL.L | Velocity Composites PLC | 0.19 | 0.88 | 0.74 |
| Low | High | |
| Unlevered beta | 0.47 | 0.61 |
| Relevered beta | 1.04 | 2.72 |
| Adjusted relevered beta | 1.03 | 2.15 |
ALDR.PA'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 ALDR.PA:
cost_of_equity (14.60%) = risk_free_rate (3.35%) + equity_risk_premium (6.70%) * adjusted_beta (1.03) + 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.