CCET.BK WACC - Weighted Average Cost of Capital
The WACC of Cal-Comp Electronics Thailand PCL (CCET.BK) is 8.5%.
| Range | Selected | |
| Cost of equity | 7.2% - 13.4% | 10.3% |
| Tax rate | 26.9% - 40.4% | 33.65% |
| Cost of debt | 4.0% - 4.5% | 4.25% |
| WACC | 6.2% - 10.8% | 8.5% |
| Category | Low | High |
| Long-term bond rate | 2.6% | 3.1% |
| Equity market risk premium | 7.4% | 8.4% |
| Adjusted beta | 0.62 | 1.17 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.2% | 13.4% |
| Tax rate | 26.9% | 40.4% |
| Debt/Equity ratio | 0.32 | 0.32 |
| Cost of debt | 4.0% | 4.5% |
| After-tax WACC | 6.2% | 10.8% |
| Selected WACC | 8.5% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| CCET.BK | Cal-Comp Electronics Thailand PCL | 0.32 | 1.42 | 1.16 |
| 2354.TW | Foxconn Technology Co Ltd | 0.11 | 1.04 | 0.97 |
| 300131.SZ | ShenZhen Yitoa Intelligent Control Co Ltd | 0.13 | 1.53 | 1.41 |
| 532.HK | Wong's Kong King International (Holdings) Ltd | 3.98 | 0.12 | 0.03 |
| 6635.T | Di-Nikko Engineering Co Ltd | 3.86 | 0.81 | 0.22 |
| 76.HK | Elate Holdings Ltd | 0.02 | -0.14 | -0.14 |
| 99.HK | Wong's International Holdings Ltd | 2.92 | 0.52 | 0.17 |
| HANA.BK | Hana Microelectronics PCL | 0.06 | 1.16 | 1.11 |
| SVI.BK | SVI PCL | 0.17 | 0.51 | 0.45 |
| TEAM.BK | Team Precision PCL | 0 | 1.41 | 1.41 |
| Low | High | |
| Unlevered beta | 0.36 | 1.03 |
| Relevered beta | 0.43 | 1.25 |
| Adjusted relevered beta | 0.62 | 1.17 |
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 (10.30%) = risk_free_rate (2.85%) + equity_risk_premium (7.90%) * adjusted_beta (0.62) + 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.