ATO.WA
Aton HT SA w restrukturyzacji
Price:  
0.18 
PLN
Volume:  
29,160
Poland | Commercial Services & Supplies

ATO.WA WACC - Weighted Average Cost of Capital

The WACC of Aton HT SA w restrukturyzacji (ATO.WA) is 6.6%.

The Cost of Equity of Aton HT SA w restrukturyzacji (ATO.WA) is 10.55%.
The Cost of Debt of Aton HT SA w restrukturyzacji (ATO.WA) is 5%.

RangeSelected
Cost of equity8.8% - 12.3%10.55%
Tax rate19.0% - 19.0%19%
Cost of debt5.0% - 5.0%5%
WACC5.9% - 7.3%6.6%
WACC

ATO.WA WACC calculation

CategoryLowHigh
Long-term bond rate5.5%6.0%
Equity market risk premium6.3%7.3%
Adjusted beta0.520.79
Additional risk adjustments0.0%0.5%
Cost of equity8.8%12.3%
Tax rate19.0%19.0%
Debt/Equity ratio
1.521.52
Cost of debt5.0%5.0%
After-tax WACC5.9%7.3%
Selected WACC6.6%

ATO.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 ATO.WA:

cost_of_equity (10.55%) = 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.