AQU.WA WACC - Weighted Average Cost of Capital

The WACC of Aqua SA Bielsko-Biala (AQU.WA) is 9.3%.

The Cost of Equity of Aqua SA Bielsko-Biala (AQU.WA) is 9.55%.

The Cost of Debt of Aqua SA Bielsko-Biala (AQU.WA) is 8.55%.

	Range	Selected
Cost of equity	8.70% - 10.40%	9.55%
Tax rate	18.50% - 21.80%	20.15%
Cost of debt	6.70% - 10.40%	8.55%
WACC	8.4% - 10.3%	9.3%

WACC

AQU.WA WACC calculation

Category	Low	High

Long-term bond rate	5.5%	6.0%
Equity market risk premium	6.3%	7.3%
Adjusted beta	0.5	0.54

Additional risk adjustments	0.0%	0.5%
Cost of equity	8.70%	10.40%

Tax rate	18.50%	21.80%
Debt/Equity ratio	0.08	0.08
Cost of debt	6.70%	10.40%

After-tax WACC	8.4%	10.3%


Selected WACC	9.3%

AQU.WA'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 AQU.WA:

cost_of_equity (9.55%) = risk_free_rate (5.75%) + equity_risk_premium (6.80%) * adjusted_beta (0.5) + 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.