The WACC of Codexis Inc (CDXS) is 10.4%.
| Range | Selected | |
| Cost of equity | 12.20% - 15.30% | 13.75% |
| Tax rate | 0.50% - 0.90% | 0.70% |
| Cost of debt | 7.00% - 7.00% | 7.00% |
| WACC | 9.6% - 11.1% | 10.4% |
| Category | Low | High |
| Long-term bond rate | 4.2% | 4.7% |
| Equity market risk premium | 5.0% | 6.0% |
| Adjusted beta | 1.61 | 1.7 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 12.20% | 15.30% |
| Tax rate | 0.50% | 0.90% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 7.00% | 7.00% |
| After-tax WACC | 9.6% | 11.1% |
| Selected WACC | 10.4% | |