ENRU.ME WACC - Weighted Average Cost of Capital

The WACC of Enel Rossiya PAO (ENRU.ME) is 13.8%.

The Cost of Equity of Enel Rossiya PAO (ENRU.ME) is 21.70%.

The Cost of Debt of Enel Rossiya PAO (ENRU.ME) is 10.45%.

	Range	Selected
Cost of equity	19.90% - 23.50%	21.70%
Tax rate	20.30% - 20.50%	20.40%
Cost of debt	8.00% - 12.90%	10.45%
WACC	11.9% - 15.7%	13.8%

WACC

ENRU.ME WACC calculation

Category	Low	High

Long-term bond rate	12.1%	12.6%
Equity market risk premium	23.7%	24.7%
Adjusted beta	0.33	0.42

Additional risk adjustments	0.0%	0.5%
Cost of equity	19.90%	23.50%

Tax rate	20.30%	20.50%
Debt/Equity ratio	1.43	1.43
Cost of debt	8.00%	12.90%

After-tax WACC	11.9%	15.7%


Selected WACC	13.8%

ENRU.ME'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 ENRU.ME:

cost_of_equity (21.70%) = risk_free_rate (12.35%) + equity_risk_premium (24.20%) * adjusted_beta (0.33) + 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.