CALN.SW WACC - Weighted Average Cost of Capital

The WACC of Calida Holding AG (CALN.SW) is 5.5%.

The Cost of Equity of Calida Holding AG (CALN.SW) is 6.20%.

The Cost of Debt of Calida Holding AG (CALN.SW) is 4.25%.

	Range	Selected
Cost of equity	5.30% - 7.10%	6.20%
Tax rate	23.50% - 29.90%	26.70%
Cost of debt	4.00% - 4.50%	4.25%
WACC	4.8% - 6.2%	5.5%

WACC

CALN.SW WACC calculation

Category	Low	High

Long-term bond rate	1.0%	1.5%
Equity market risk premium	5.1%	6.1%
Adjusted beta	0.46	0.51

Additional risk adjustments	2.0%	2.5%
Cost of equity	5.30%	7.10%

Tax rate	23.50%	29.90%
Debt/Equity ratio	0.28	0.28
Cost of debt	4.00%	4.50%

After-tax WACC	4.8%	6.2%


Selected WACC	5.5%

CALN.SW'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 CALN.SW:

cost_of_equity (6.20%) = risk_free_rate (1.25%) + equity_risk_premium (5.60%) * adjusted_beta (0.46) + risk_adjustments (2.25%)

We include the risk adjustments, which range from 0% to 1%, to keep our WACC conservatives, especially for companies traded in developing markets.