CRBN.AS WACC - Weighted Average Cost of Capital

The WACC of Corbion NV (CRBN.AS) is 5.6%.

The Cost of Equity of Corbion NV (CRBN.AS) is 6.60%.

The Cost of Debt of Corbion NV (CRBN.AS) is 4.25%.

	Range	Selected
Cost of equity	5.20% - 8.00%	6.60%
Tax rate	13.80% - 19.10%	16.45%
Cost of debt	4.00% - 4.50%	4.25%
WACC	4.7% - 6.6%	5.6%

WACC

CRBN.AS WACC calculation

Category	Low	High

Long-term bond rate	2.6%	3.1%
Equity market risk premium	5.1%	6.1%
Adjusted beta	0.52	0.72

Additional risk adjustments	0.0%	0.5%
Cost of equity	5.20%	8.00%

Tax rate	13.80%	19.10%
Debt/Equity ratio	0.46	0.46
Cost of debt	4.00%	4.50%

After-tax WACC	4.7%	6.6%


Selected WACC	5.6%

CRBN.AS'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 CRBN.AS:

cost_of_equity (6.60%) = risk_free_rate (2.85%) + equity_risk_premium (5.60%) * adjusted_beta (0.52) + 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.