ALMIL.PA WACC - Weighted Average Cost of Capital
The WACC of 1000mercis SA (ALMIL.PA) is 5.8%.
| Range | Selected | |
| Cost of equity | 5.8% - 7.5% | 6.65% |
| Tax rate | 5.5% - 13.0% | 9.25% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 5.4% - 6.3% | 5.8% |
| Category | Low | High |
| Long-term bond rate | 3.0% | 3.5% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 0.48 | 0.51 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.8% | 7.5% |
| Tax rate | 5.5% | 13.0% |
| Debt/Equity ratio | 0.62 | 0.62 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 5.4% | 6.3% |
| Selected WACC | 5.8% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| ALMIL.PA | 1000mercis SA | 0.62 | 0.3 | 0.19 |
| ALPRI.PA | Prismaflex International SA | 1.65 | 0.41 | 0.16 |
| APM.DE | Ad Pepper Media International NV | 0.02 | 0.39 | 0.38 |
| EBQ.L | Ebiquity PLC | 0.77 | -0.01 | -0.01 |
| EDI.PA | Media 6 SA | 0.47 | -0.17 | -0.12 |
| NAH.L | NAHL Group PLC | 0.46 | 0.94 | 0.66 |
| SGC.MI | SG Company SpA | 1.13 | 0.24 | 0.12 |
| SYS1.L | System1 Group PLC | 0.01 | 0.11 | 0.11 |
| SYZ.DE | Syzygy AG | 0.76 | 0.27 | 0.16 |
| TB.MI | Triboo SpA | 2.22 | 1.14 | 0.37 |
| Low | High | |
| Unlevered beta | 0.14 | 0.17 |
| Relevered beta | 0.22 | 0.27 |
| Adjusted relevered beta | 0.48 | 0.51 |
ALMIL.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 ALMIL.PA:
cost_of_equity (6.65%) = risk_free_rate (3.25%) + equity_risk_premium (6.30%) * adjusted_beta (0.48) + 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.