ATG.WA WACC - Weighted Average Cost of Capital

The WACC of ATM Grupa SA (ATG.WA) is 8.2%.

The Cost of Equity of ATM Grupa SA (ATG.WA) is 8.45%.

The Cost of Debt of ATM Grupa SA (ATG.WA) is 5.55%.

	Range	Selected
Cost of equity	7.60% - 9.30%	8.45%
Tax rate	18.40% - 20.50%	19.45%
Cost of debt	5.00% - 6.10%	5.55%
WACC	7.4% - 9.0%	8.2%

WACC

ATG.WA WACC calculation

Category	Low	High

Long-term bond rate	5.5%	6.0%
Equity market risk premium	6.3%	7.3%
Adjusted beta	0.34	0.38

Additional risk adjustments	0.0%	0.5%
Cost of equity	7.60%	9.30%

Tax rate	18.40%	20.50%
Debt/Equity ratio	0.08	0.08
Cost of debt	5.00%	6.10%

After-tax WACC	7.4%	9.0%


Selected WACC	8.2%

ATG.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 ATG.WA:

cost_of_equity (8.45%) = risk_free_rate (5.75%) + equity_risk_premium (6.80%) * adjusted_beta (0.34) + 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.