ANEK.AT WACC - Weighted Average Cost of Capital

The WACC of Anonymous Shipping Company of Crete SA (ANEK.AT) is 11.3%.

The Cost of Equity of Anonymous Shipping Company of Crete SA (ANEK.AT) is 10.10%.

The Cost of Debt of Anonymous Shipping Company of Crete SA (ANEK.AT) is 12.15%.

	Range	Selected
Cost of equity	8.50% - 11.70%	10.10%
Tax rate	3.80% - 4.90%	4.35%
Cost of debt	4.00% - 20.30%	12.15%
WACC	4.7% - 18.0%	11.3%

WACC

ANEK.AT WACC calculation

Category	Low	High

Long-term bond rate	3.3%	3.8%
Equity market risk premium	8.8%	9.8%
Adjusted beta	0.59	0.76

Additional risk adjustments	0.0%	0.5%
Cost of equity	8.50%	11.70%

Tax rate	3.80%	4.90%
Debt/Equity ratio	4.6	4.6
Cost of debt	4.00%	20.30%

After-tax WACC	4.7%	18.0%


Selected WACC	11.3%

ANEK.AT'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 ANEK.AT:

cost_of_equity (10.10%) = risk_free_rate (3.55%) + equity_risk_premium (9.30%) * adjusted_beta (0.59) + 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.