The WACC of British American Tobacco PLC (BATS.L) is 6.0%.
| Range | Selected | |
| Cost of equity | 6.60% - 8.50% | 7.55% |
| Tax rate | 25.80% - 26.10% | 25.95% |
| Cost of debt | 4.00% - 5.10% | 4.55% |
| WACC | 5.3% - 6.7% | 6.0% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.44 | 0.51 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.60% | 8.50% |
| Tax rate | 25.80% | 26.10% |
| Debt/Equity ratio | 0.6 | 0.6 |
| Cost of debt | 4.00% | 5.10% |
| After-tax WACC | 5.3% | 6.7% |
| Selected WACC | 6.0% | |