EVE.VN WACC - Weighted Average Cost of Capital
The WACC of Everpia JSC (EVE.VN) is 8.1%.
| Range | Selected | |
| Cost of equity | 7.3% - 12.8% | 10.05% |
| Tax rate | 20.2% - 21.5% | 20.85% |
| Cost of debt | 5.4% - 7.0% | 6.2% |
| WACC | 6.2% - 10.1% | 8.1% |
| Category | Low | High |
| Long-term bond rate | 2.7% | 3.2% |
| Equity market risk premium | 9.5% | 10.5% |
| Adjusted beta | 0.47 | 0.86 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.3% | 12.8% |
| Tax rate | 20.2% | 21.5% |
| Debt/Equity ratio | 0.59 | 0.59 |
| Cost of debt | 5.4% | 7.0% |
| After-tax WACC | 6.2% | 10.1% |
| Selected WACC | 8.1% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| EVE.VN | Everpia JSC | 0.59 | 0.69 | 0.47 |
| 2223.HK | Casablanca Group Ltd | 0.37 | -0.53 | -0.41 |
| 396.HK | Hing Lee (Hk) Holdings Ltd | 0.03 | -0.53 | -0.52 |
| 530079.BO | Faze Three Ltd | 0.22 | 1.24 | 1.05 |
| CINT.JK | Chitose Internasional Tbk PT | 0.21 | 0.76 | 0.65 |
| ECF.BK | East Coast Furnitech PCL | 19.1 | 1.81 | 0.11 |
| NAG.VN | Nagakawa Group JSC | 2.09 | 0.4 | 0.15 |
| SAV.VN | Savimex Corp | 0.19 | 1.08 | 0.93 |
| SYF.KL | SYF Resources Bhd | 0.17 | 0.16 | 0.14 |
| TTF.VN | Truong Thanh Furniture Corp | 0.41 | 1.18 | 0.89 |
| Low | High | |
| Unlevered beta | 0.15 | 0.54 |
| Relevered beta | 0.21 | 0.79 |
| Adjusted relevered beta | 0.47 | 0.86 |
EVE.VN'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 EVE.VN:
cost_of_equity (10.05%) = risk_free_rate (2.95%) + equity_risk_premium (10.00%) * adjusted_beta (0.47) + 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.