ARTEMISMED.NS WACC - Weighted Average Cost of Capital

The WACC of Artemis Medicare Services Ltd (ARTEMISMED.NS) is 15.5%.

The Cost of Equity of Artemis Medicare Services Ltd (ARTEMISMED.NS) is 16.30%.

The Cost of Debt of Artemis Medicare Services Ltd (ARTEMISMED.NS) is 8.75%.

	Range	Selected
Cost of equity	14.60% - 18.00%	16.30%
Tax rate	21.50% - 24.20%	22.85%
Cost of debt	8.10% - 9.40%	8.75%
WACC	13.9% - 17.1%	15.5%

WACC

ARTEMISMED.NS WACC calculation

Category	Low	High

Long-term bond rate	6.9%	7.4%
Equity market risk premium	8.3%	9.3%
Adjusted beta	0.93	1.09

Additional risk adjustments	0.0%	0.5%
Cost of equity	14.60%	18.00%

Tax rate	21.50%	24.20%
Debt/Equity ratio	0.08	0.08
Cost of debt	8.10%	9.40%

After-tax WACC	13.9%	17.1%


Selected WACC	15.5%

ARTEMISMED.NS'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 ARTEMISMED.NS:

cost_of_equity (16.30%) = risk_free_rate (7.15%) + equity_risk_premium (8.80%) * adjusted_beta (0.93) + 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.