The WACC of Codexis Inc (CDXS) is 9.6%.
| Range | Selected | |
| Cost of equity | 10.80% - 13.80% | 12.30% |
| Tax rate | 0.60% - 0.90% | 0.75% |
| Cost of debt | 7.00% - 7.00% | 7.00% |
| WACC | 8.9% - 10.4% | 9.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.5 | 1.6 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.80% | 13.80% |
| Tax rate | 0.60% | 0.90% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 7.00% | 7.00% |
| After-tax WACC | 8.9% | 10.4% |
| Selected WACC | 9.6% | |