BPTR.JK WACC - Weighted Average Cost of Capital
The WACC of Batavia Prosperindo Trans Tbk PT (BPTR.JK) is 6.5%.
| Range | Selected | |
| Cost of equity | 19.8% - 30.7% | 25.25% |
| Tax rate | 35.6% - 38.9% | 37.25% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 5.8% - 7.3% | 6.5% |
| Category | Low | High |
| Long-term bond rate | 6.6% | 7.1% |
| Equity market risk premium | 7.9% | 8.9% |
| Adjusted beta | 1.67 | 2.6 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 19.8% | 30.7% |
| Tax rate | 35.6% | 38.9% |
| Debt/Equity ratio | 5.49 | 5.49 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 5.8% | 7.3% |
| Selected WACC | 6.5% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| BPTR.JK | Batavia Prosperindo Trans Tbk PT | 5.49 | 0.64 | 0.14 |
| 520127.BO | Balurghat Technologies Ltd | 0.35 | 1.05 | 0.86 |
| 531977.BO | Chartered Logistics Ltd | 0.18 | 1.41 | 1.26 |
| DL1.VN | Viet Nam Renewable Energy Group JSC | 0.98 | 1.82 | 1.12 |
| LRNA.JK | Eka Sari Lorena Transport Tbk PT | 0.21 | 0.33 | 0.3 |
| PRC.VN | Portserco Logistics JSC | 0.1 | 2.05 | 1.92 |
| SAFE.JK | Steady Safe Tbk PT | 0.3 | -0.76 | -0.64 |
| SDMU.JK | Sidomulyo Selaras Tbk PT | 2.86 | 0.48 | 0.17 |
| TRUK.JK | Guna Timur Raya Tbk PT | 0.1 | 0.59 | 0.55 |
| WEHA.JK | WEHA Transportasi Indonesia Tbk PT | 0.63 | 0.97 | 0.69 |
| Low | High | |
| Unlevered beta | 0.45 | 0.76 |
| Relevered beta | 2 | 3.39 |
| Adjusted relevered beta | 1.67 | 2.6 |
BPTR.JK'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 BPTR.JK:
cost_of_equity (25.25%) = risk_free_rate (6.85%) + equity_risk_premium (8.40%) * adjusted_beta (1.67) + 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.