DOAS.IS WACC - Weighted Average Cost of Capital
The WACC of Dogus Otomotiv Servis ve Ticaret AS (DOAS.IS) is 26.9%.
| Range | Selected | |
| Cost of equity | 29.6% - 34.0% | 31.8% |
| Tax rate | 16.7% - 18.9% | 17.8% |
| Cost of debt | 16.0% - 22.7% | 19.35% |
| WACC | 24.7% - 29.2% | 26.9% |
| Category | Low | High |
| Long-term bond rate | 21.4% | 21.9% |
| Equity market risk premium | 10.2% | 11.2% |
| Adjusted beta | 0.81 | 1.04 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 29.6% | 34.0% |
| Tax rate | 16.7% | 18.9% |
| Debt/Equity ratio | 0.44 | 0.44 |
| Cost of debt | 16.0% | 22.7% |
| After-tax WACC | 24.7% | 29.2% |
| Selected WACC | 26.9% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| DOAS.IS | Dogus Otomotiv Servis ve Ticaret AS | 0.44 | 1.62 | 1.2 |
| ALPAR.PA | Groupe Parot SA | 0.94 | -0.67 | -0.38 |
| BAH.WA | British Automotive Holding SA | 8.11 | -0.18 | -0.02 |
| CAMB.L | Cambria Automobiles PLC | 0.13 | 1.22 | 1.11 |
| HFD.L | Halfords Group PLC | 0.93 | 1.58 | 0.9 |
| MMH.L | Marshall Motor Holdings PLC | 0.32 | 1.11 | 0.88 |
| MOTR.L | Motorpoint Group PLC | 1.12 | -0.12 | -0.06 |
| PETS.L | Pets at Home Group PLC | 0.37 | 1.24 | 0.96 |
| SAMS.PA | Samse SA | 1.22 | 0.53 | 0.27 |
| STRN.AS | Stern Groep NV | 2.4 | 1.16 | 0.39 |
| Low | High | |
| Unlevered beta | 0.34 | 0.89 |
| Relevered beta | 0.72 | 1.06 |
| Adjusted relevered beta | 0.81 | 1.04 |
DOAS.IS'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 DOAS.IS:
cost_of_equity (31.80%) = risk_free_rate (21.65%) + equity_risk_premium (10.70%) * adjusted_beta (0.81) + 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.