The WACC of Avid Bioservices Inc (CDMO) is 8.4%.
| Range | Selected | |
| Cost of equity | 7.80% - 10.80% | 9.30% |
| Tax rate | 26.20% - 27.00% | 26.60% |
| Cost of debt | 4.00% - 7.00% | 5.50% |
| WACC | 7.0% - 9.8% | 8.4% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.85 | 1.06 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.80% | 10.80% |
| Tax rate | 26.20% | 27.00% |
| Debt/Equity ratio | 0.21 | 0.21 |
| Cost of debt | 4.00% | 7.00% |
| After-tax WACC | 7.0% | 9.8% |
| Selected WACC | 8.4% | |