COM.PA WACC - Weighted Average Cost of Capital
The WACC of Cnim Groupe SA (COM.PA) is 5.1%.
| Range | Selected | |
| Cost of equity | 8.8% - 13.3% | 11.05% |
| Tax rate | 7.0% - 12.1% | 9.55% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 5.0% - 5.1% | 5.1% |
| Category | Low | High |
| Long-term bond rate | 3.0% | 3.5% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 1.01 | 1.37 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.8% | 13.3% |
| Tax rate | 7.0% | 12.1% |
| Debt/Equity ratio | 11.4 | 11.4 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 5.0% | 5.1% |
| Selected WACC | 5.1% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| COM.PA | Cnim Groupe SA | 11.4 | 1.47 | 0.13 |
| ALESA.PA | Ecoslops SA | 6.43 | 0.34 | 0.05 |
| AURE.PA | Aurea SA | 1.28 | 0.31 | 0.15 |
| BFSA.DE | Befesa SA | 0.65 | 1.46 | 0.92 |
| CTS.WA | City Service SE | 0.62 | -0.09 | -0.06 |
| GPE.PA | Groupe Pizzorno Environnement SA | 0.36 | 0.2 | 0.15 |
| GRI.MC | Grino Ecologic SA | 0.73 | -0.17 | -0.1 |
| OBL.WA | Orzel Bialy SA | 0.01 | 0.12 | 0.11 |
| REAT.L | React Group PLC | 0.05 | 0.05 | 0.05 |
| SCHP.PA | Seche Environnement SA | 1.3 | 1.02 | 0.46 |
| Low | High | |
| Unlevered beta | 0.09 | 0.14 |
| Relevered beta | 1.01 | 1.55 |
| Adjusted relevered beta | 1.01 | 1.37 |
COM.PA's CAPM model and how its cost of Equity is calculated
The Cost of Equity reflects the return a company needs to deliver to shareholders to justify the risk of investing in its shares. It’s computed using the Capital Asset Pricing Model (CAPM), which blends the risk-free rate, the stock’s beta, and the market risk premium.
This method evaluates the stock’s risk compared to a safe investment and the market’s overall volatility.
Here’s how we figure out the cost of equity for COM.PA:
cost_of_equity (11.05%) = risk_free_rate (3.25%) + equity_risk_premium (6.30%) * adjusted_beta (1.01) + risk_adjustments (0.25%)
We include the risk adjustments, which range from 0% to 1%, to keep our WACC conservatives, especially for companies traded in developing markets.