BYI.AX WACC - Weighted Average Cost of Capital
The WACC of Beyond International Ltd (BYI.AX) is 8.0%.
| Range | Selected | |
| Cost of equity | 7.2% - 10.3% | 8.75% |
| Tax rate | 25.7% - 29.3% | 27.5% |
| Cost of debt | 4.0% - 7.0% | 5.5% |
| WACC | 6.5% - 9.4% | 8.0% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.63 | 0.87 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.2% | 10.3% |
| Tax rate | 25.7% | 29.3% |
| Debt/Equity ratio | 0.21 | 0.21 |
| Cost of debt | 4.0% | 7.0% |
| After-tax WACC | 6.5% | 9.4% |
| Selected WACC | 8.0% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| BYI.AX | Beyond International Ltd | 0.21 | 1.01 | 0.88 |
| 012170.KS | Kiwi Media Group Co Ltd | 0.02 | -0.28 | -0.28 |
| 104200.KQ | NHN Bugs Corp | 0.12 | 0.64 | 0.58 |
| 1046.HK | Universe Entertainment and Culture Group Company Ltd | 0.04 | 0.28 | 0.28 |
| 1326.HK | Transmit Entertainment Ltd | 1.78 | 0.52 | 0.23 |
| 1616.HK | Starrise Media Holdings Ltd | 1.53 | 0.05 | 0.02 |
| 3791.T | IG Port Inc | 0.01 | 0.47 | 0.47 |
| BALAJITELE.NS | Balaji Telefilms Ltd | 0.07 | 1.43 | 1.36 |
| SHEMAROO.NS | Shemaroo Entertainment Ltd | 0.76 | 1.4 | 0.9 |
| YEG.VN | Yeah1 Group Corp | 0.26 | 1.13 | 0.95 |
| Low | High | |
| Unlevered beta | 0.39 | 0.7 |
| Relevered beta | 0.45 | 0.81 |
| Adjusted relevered beta | 0.63 | 0.87 |
BYI.AX'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 BYI.AX:
cost_of_equity (8.75%) = risk_free_rate (4.25%) + equity_risk_premium (5.60%) * adjusted_beta (0.63) + 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.