BKM.WA WACC - Weighted Average Cost of Capital

The WACC of Polski Bank Komorek Macierzystych SA (BKM.WA) is 10.9%.

The Cost of Equity of Polski Bank Komorek Macierzystych SA (BKM.WA) is 11.85%.

The Cost of Debt of Polski Bank Komorek Macierzystych SA (BKM.WA) is 5.95%.

	Range	Selected
Cost of equity	10.50% - 13.20%	11.85%
Tax rate	18.30% - 19.90%	19.10%
Cost of debt	4.90% - 7.00%	5.95%
WACC	9.7% - 12.2%	10.9%

WACC

BKM.WA WACC calculation

Category	Low	High

Long-term bond rate	7.2%	7.7%
Equity market risk premium	5.6%	6.6%
Adjusted beta	0.59	0.75

Additional risk adjustments	0.0%	0.5%
Cost of equity	10.50%	13.20%

Tax rate	18.30%	19.90%
Debt/Equity ratio	0.15	0.15
Cost of debt	4.90%	7.00%

After-tax WACC	9.7%	12.2%


Selected WACC	10.9%

BKM.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 BKM.WA:

cost_of_equity (11.85%) = risk_free_rate (7.45%) + equity_risk_premium (6.10%) * adjusted_beta (0.59) + 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.