The WACC of Codexis Inc (CDXS) is 10.3%.
| Range | Selected | |
| Cost of equity | 11.80% - 15.50% | 13.65% |
| Tax rate | 0.50% - 0.90% | 0.70% |
| Cost of debt | 7.00% - 7.00% | 7.00% |
| WACC | 9.4% - 11.2% | 10.3% |
| Category | Low | High |
| Long-term bond rate | 4.2% | 4.7% |
| Equity market risk premium | 5.0% | 6.0% |
| Adjusted beta | 1.52 | 1.72 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 11.80% | 15.50% |
| Tax rate | 0.50% | 0.90% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 7.00% | 7.00% |
| After-tax WACC | 9.4% | 11.2% |
| Selected WACC | 10.3% | |