EYDAP.AT
Athens Water and Sewerage Company SA
Price:  
5.88 
EUR
Volume:  
22,225
Greece | Water Utilities

EYDAP.AT WACC - Weighted Average Cost of Capital

The WACC of Athens Water and Sewerage Company SA (EYDAP.AT) is 8.7%.

The Cost of Equity of Athens Water and Sewerage Company SA (EYDAP.AT) is 8.65%.
The Cost of Debt of Athens Water and Sewerage Company SA (EYDAP.AT) is 15.7%.

RangeSelected
Cost of equity7.7% - 9.6%8.65%
Tax rate36.0% - 44.3%40.15%
Cost of debt4.0% - 27.4%15.7%
WACC7.6% - 9.7%8.7%
WACC

EYDAP.AT WACC calculation

CategoryLowHigh
Long-term bond rate3.3%3.8%
Equity market risk premium8.8%9.8%
Adjusted beta0.50.55
Additional risk adjustments0.0%0.5%
Cost of equity7.7%9.6%
Tax rate36.0%44.3%
Debt/Equity ratio
00
Cost of debt4.0%27.4%
After-tax WACC7.6%9.7%
Selected WACC8.7%

EYDAP.AT'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 EYDAP.AT:

cost_of_equity (8.65%) = risk_free_rate (3.55%) + equity_risk_premium (9.30%) * adjusted_beta (0.5) + 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.