AU.BK WACC - Weighted Average Cost of Capital
The WACC of After You Public Co Ltd (AU.BK) is 6.6%.
| Range | Selected | |
| Cost of equity | 5.3% - 8.2% | 6.75% |
| Tax rate | 19.1% - 19.6% | 19.35% |
| Cost of debt | 4.0% - 4.5% | 4.25% |
| WACC | 5.2% - 8.0% | 6.6% |
| Category | Low | High |
| Long-term bond rate | 2.6% | 3.1% |
| Equity market risk premium | 7.4% | 8.4% |
| Adjusted beta | 0.37 | 0.55 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.3% | 8.2% |
| Tax rate | 19.1% | 19.6% |
| Debt/Equity ratio | 0.04 | 0.04 |
| Cost of debt | 4.0% | 4.5% |
| After-tax WACC | 5.2% | 8.0% |
| Selected WACC | 6.6% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| AU.BK | After You Public Co Ltd | 0.04 | 0.74 | 0.72 |
| 539659.BO | Vidli Restaurants Ltd | 0.32 | -0.69 | -0.55 |
| JCKH.BK | JCK Hospitality PCL | 20.13 | 0 | 0 |
| KUH.SI | TSH Corporation Ltd | 1.14 | -0.38 | -0.2 |
| M.BK | MK Restaurant Group PCL | 0.15 | 1.11 | 0.99 |
| MM.BK | Mudman PCL | 0.96 | 0.72 | 0.41 |
| OISHI.BK | Oishi Group PCL | 0.02 | -0.34 | -0.34 |
| ROH.BK | Royal Orchid Hotel Thailand PCL | 2.84 | 0.33 | 0.1 |
| SNP.BK | S & P Syndicate PCL | 0.18 | 0.3 | 0.27 |
| ZEN.BK | Zen Corporation Group PCL | 0.79 | 0.7 | 0.43 |
| Low | High | |
| Unlevered beta | 0.06 | 0.32 |
| Relevered beta | 0.06 | 0.33 |
| Adjusted relevered beta | 0.37 | 0.55 |
AU.BK'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 AU.BK:
cost_of_equity (6.75%) = risk_free_rate (2.85%) + equity_risk_premium (7.90%) * adjusted_beta (0.37) + 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.