The WACC of Commercial Metals Co (CMC) is 8.0%.
Range | Selected | |
Cost of equity | 7.80% - 9.90% | 8.85% |
Tax rate | 23.10% - 23.50% | 23.30% |
Cost of debt | 4.50% - 4.60% | 4.55% |
WACC | 7.1% - 8.8% | 8.0% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.85 | 0.89 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 7.80% | 9.90% |
Tax rate | 23.10% | 23.50% |
Debt/Equity ratio | 0.19 | 0.19 |
Cost of debt | 4.50% | 4.60% |
After-tax WACC | 7.1% | 8.8% |
Selected WACC | 8.0% | |