AMATAV.BK WACC - Weighted Average Cost of Capital
The WACC of Amata VN PCL (AMATAV.BK) is 5.9%.
| Range | Selected | |
| Cost of equity | 6.6% - 9.7% | 8.15% |
| Tax rate | 19.2% - 21.5% | 20.35% |
| Cost of debt | 5.7% - 6.2% | 5.95% |
| WACC | 5.3% - 6.5% | 5.9% |
| Category | Low | High |
| Long-term bond rate | 2.6% | 3.1% |
| Equity market risk premium | 7.4% | 8.4% |
| Adjusted beta | 0.55 | 0.73 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.6% | 9.7% |
| Tax rate | 19.2% | 21.5% |
| Debt/Equity ratio | 2.03 | 2.03 |
| Cost of debt | 5.7% | 6.2% |
| After-tax WACC | 5.3% | 6.5% |
| Selected WACC | 5.9% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| AMATAV.BK | Amata VN PCL | 2.03 | 0.49 | 0.19 |
| BROCK.BK | Baan Rock Garden PCL | 0.02 | -0.18 | -0.18 |
| CI.BK | Charn Issara Development PCL | 28.12 | 1 | 0.04 |
| CMC.BK | Chaopraya Mahanakorn PCL | 6.89 | 0.5 | 0.08 |
| DHOUSE.BK | Dhouse Pattana PCL | 0.55 | 0.42 | 0.29 |
| GREEN.BK | Green Resources PCL | 0.4 | 1.06 | 0.81 |
| KWG.BK | King Wai Group Thailand PCL | 1.75 | 1.36 | 0.57 |
| NUSA.BK | Nusasiri PCL | 2.01 | 1.57 | 0.61 |
| RICHY.BK | Richy Place 2002 PCL | 6.3 | 0.92 | 0.15 |
| TITLE.BK | Rhom Bho Property PCL | 0 | -0.07 | -0.07 |
| Low | High | |
| Unlevered beta | 0.12 | 0.23 |
| Relevered beta | 0.33 | 0.6 |
| Adjusted relevered beta | 0.55 | 0.73 |
AMATAV.BK'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 AMATAV.BK:
cost_of_equity (8.15%) = risk_free_rate (2.85%) + equity_risk_premium (7.90%) * adjusted_beta (0.55) + 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.