DSSA.JK WACC - Weighted Average Cost of Capital
The WACC of Dian Swastatika Sentosa Tbk PT (DSSA.JK) is 11.1%.
| Range | Selected | |
| Cost of equity | 10.4% - 12.5% | 11.45% |
| Tax rate | 25.5% - 28.1% | 26.8% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 10.1% - 12.1% | 11.1% |
| Category | Low | High |
| Long-term bond rate | 6.6% | 7.1% |
| Equity market risk premium | 7.9% | 8.9% |
| Adjusted beta | 0.48 | 0.55 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.4% | 12.5% |
| Tax rate | 25.5% | 28.1% |
| Debt/Equity ratio | 0.05 | 0.05 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 10.1% | 12.1% |
| Selected WACC | 11.1% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| DSSA.JK | Dian Swastatika Sentosa Tbk PT | 0.05 | 0.94 | 0.91 |
| ARII.JK | Atlas Resources Tbk PT | 1.47 | -0.01 | -0.01 |
| BIPI.JK | Astrindo Nusantara Infrasruktur Tbk PT | 2.42 | 0.59 | 0.21 |
| BUMI.JK | Bumi Resources Tbk PT | 0.18 | 1.5 | 1.33 |
| BYAN.JK | Bayan Resources Tbk PT | 0.01 | 0.26 | 0.26 |
| DOID.JK | Delta Dunia Makmur Tbk PT | 4.35 | 0.9 | 0.21 |
| GEMS.JK | Golden Energy Mines Tbk PT | 0.08 | 1.3 | 1.23 |
| ITMG.JK | Indo Tambangraya Megah Tbk PT | 0.05 | 0.42 | 0.41 |
| MEDC.JK | Medco Energi Internasional Tbk PT | 1.92 | 0.51 | 0.21 |
| MYOH.JK | Samindo Resources Tbk PT | 0.1 | -0.43 | -0.4 |
| Low | High | |
| Unlevered beta | 0.21 | 0.32 |
| Relevered beta | 0.22 | 0.33 |
| Adjusted relevered beta | 0.48 | 0.55 |
DSSA.JK'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 DSSA.JK:
cost_of_equity (11.45%) = risk_free_rate (6.85%) + equity_risk_premium (8.40%) * adjusted_beta (0.48) + 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.