ANY.BD WACC - Weighted Average Cost of Capital

The WACC of ANY Biztonsagi Nyomda Nyrt (ANY.BD) is 10.2%.

The Cost of Equity of ANY Biztonsagi Nyomda Nyrt (ANY.BD) is 10.90%.

The Cost of Debt of ANY Biztonsagi Nyomda Nyrt (ANY.BD) is 6.35%.

	Range	Selected
Cost of equity	9.80% - 12.00%	10.90%
Tax rate	17.90% - 19.10%	18.50%
Cost of debt	5.70% - 7.00%	6.35%
WACC	9.2% - 11.2%	10.2%

WACC

ANY.BD WACC calculation

Category	Low	High

Long-term bond rate	6.4%	6.9%
Equity market risk premium	7.9%	8.9%
Adjusted beta	0.43	0.51

Additional risk adjustments	0.0%	0.5%
Cost of equity	9.80%	12.00%

Tax rate	17.90%	19.10%
Debt/Equity ratio	0.14	0.14
Cost of debt	5.70%	7.00%

After-tax WACC	9.2%	11.2%


Selected WACC	10.2%

ANY.BD'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 ANY.BD:

cost_of_equity (10.90%) = risk_free_rate (6.65%) + equity_risk_premium (8.40%) * adjusted_beta (0.43) + 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.