ANY.BD WACC - Weighted Average Cost of Capital

The WACC of ANY Biztonsagi Nyomda Nyrt (ANY.BD) is 10.8%.

The Cost of Equity of ANY Biztonsagi Nyomda Nyrt (ANY.BD) is 11.55%.

The Cost of Debt of ANY Biztonsagi Nyomda Nyrt (ANY.BD) is 5.70%.

	Range	Selected
Cost of equity	10.10% - 13.00%	11.55%
Tax rate	19.40% - 20.10%	19.75%
Cost of debt	4.40% - 7.00%	5.70%
WACC	9.4% - 12.2%	10.8%

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	0.47	0.63

Additional risk adjustments	0.0%	0.5%
Cost of equity	10.10%	13.00%

Tax rate	19.40%	20.10%
Debt/Equity ratio	0.12	0.12
Cost of debt	4.40%	7.00%

After-tax WACC	9.4%	12.2%


Selected WACC	10.8%

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 (11.55%) = risk_free_rate (6.65%) + equity_risk_premium (8.40%) * adjusted_beta (0.47) + 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.