CCET.BK WACC - Weighted Average Cost of Capital

The WACC of Cal-Comp Electronics Thailand PCL (CCET.BK) is 9.7%.

The Cost of Equity of Cal-Comp Electronics Thailand PCL (CCET.BK) is 11.55%.

The Cost of Debt of Cal-Comp Electronics Thailand PCL (CCET.BK) is 4.25%.

	Range	Selected
Cost of equity	9.70% - 13.40%	11.55%
Tax rate	26.90% - 40.40%	33.65%
Cost of debt	4.00% - 4.50%	4.25%
WACC	8.3% - 11.2%	9.7%

WACC

CCET.BK WACC calculation

Category	Low	High

Long-term bond rate	2.6%	3.1%
Equity market risk premium	7.4%	8.4%
Adjusted beta	0.96	1.16

Additional risk adjustments	0.0%	0.5%
Cost of equity	9.70%	13.40%

Tax rate	26.90%	40.40%
Debt/Equity ratio	0.26	0.26
Cost of debt	4.00%	4.50%

After-tax WACC	8.3%	11.2%


Selected WACC	9.7%

CCET.BK'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 CCET.BK:

cost_of_equity (11.55%) = risk_free_rate (2.85%) + equity_risk_premium (7.90%) * adjusted_beta (0.96) + 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.