ATD.WA WACC - Weighted Average Cost of Capital
The WACC of Atende SA (ATD.WA) is 8.8%.
| Range | Selected | |
| Cost of equity | 8.8% - 10.5% | 9.65% |
| Tax rate | 20.3% - 22.4% | 21.35% |
| Cost of debt | 4.0% - 7.0% | 5.5% |
| WACC | 7.9% - 9.7% | 8.8% |
| Category | Low | High |
| Long-term bond rate | 5.5% | 6.0% |
| Equity market risk premium | 6.3% | 7.3% |
| Adjusted beta | 0.52 | 0.55 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.8% | 10.5% |
| Tax rate | 20.3% | 22.4% |
| Debt/Equity ratio | 0.19 | 0.19 |
| Cost of debt | 4.0% | 7.0% |
| After-tax WACC | 7.9% | 9.7% |
| Selected WACC | 8.8% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| ATD.WA | Atende SA | 0.19 | 0.2 | 0.17 |
| ALODI.PA | O2I SA | 1.63 | 1.81 | 0.8 |
| CAG.ST | CAG Group AB | 0.07 | 0.18 | 0.17 |
| DBA.MI | DBA Group SpA | 0.37 | 0.29 | 0.22 |
| NIXU.HE | Nixu Oyj | 0.07 | 0.31 | 0.29 |
| OBS.DE | Orbis AG | 0.15 | 0.02 | 0.02 |
| PREV B.ST | Prevas AB | 0.29 | 0.39 | 0.32 |
| SGN.WA | Sygnity SA | 0.01 | 0.45 | 0.45 |
| SPACE.AT | Space Hellas SA | 2.39 | 0.75 | 0.26 |
| WSTEP.OL | Webstep ASA | 0.09 | 0.3 | 0.28 |
| Low | High | |
| Unlevered beta | 0.25 | 0.29 |
| Relevered beta | 0.28 | 0.33 |
| Adjusted relevered beta | 0.52 | 0.55 |
ATD.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 ATD.WA:
cost_of_equity (9.65%) = risk_free_rate (5.75%) + equity_risk_premium (6.80%) * adjusted_beta (0.52) + 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.