ALMND.PA WACC - Weighted Average Cost of Capital
The WACC of Montagne Et Neige Developpement SA (ALMND.PA) is 5.7%.
| Range | Selected | |
| Cost of equity | 5.3% - 7.0% | 6.15% |
| Tax rate | 1.6% - 2.1% | 1.85% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 5.1% - 6.2% | 5.7% |
| Category | Low | High |
| Long-term bond rate | 3.0% | 3.5% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 0.39 | 0.44 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.3% | 7.0% |
| Tax rate | 1.6% | 2.1% |
| Debt/Equity ratio | 0.62 | 0.62 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 5.1% | 6.2% |
| Selected WACC | 5.7% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| ALMND.PA | Montagne Et Neige Developpement SA | 0.62 | 0.2 | 0.13 |
| ABEO.PA | Abeo SAS | 1.46 | 0.15 | 0.06 |
| ASCO.AT | AS Company SA | 0.02 | 0.84 | 0.82 |
| CCT.L | Character Group PLC | 0.05 | -0.1 | -0.09 |
| H9Y.DE | HanseYachts AG | 0.57 | -0.84 | -0.54 |
| HRN.L | Hornby PLC | 0.72 | -0.54 | -0.32 |
| RAP1V.HE | Rapala VMC Corp | 1.83 | 0.25 | 0.09 |
| TND.L | Tandem Group PLC | 0.5 | 0.26 | 0.18 |
| ULC.DE | United Labels AG | 0.73 | 0.39 | 0.23 |
| WHH.WA | Werth Holz SA | 1.06 | 0.1 | 0.05 |
| Low | High | |
| Unlevered beta | 0.06 | 0.1 |
| Relevered beta | 0.09 | 0.16 |
| Adjusted relevered beta | 0.39 | 0.44 |
ALMND.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 ALMND.PA:
cost_of_equity (6.15%) = risk_free_rate (3.25%) + equity_risk_premium (6.30%) * adjusted_beta (0.39) + 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.