The WACC of Fonterra Co-Operative Group Ltd (FCG.NZ) is 7.8%.
| Range | Selected | |
| Cost of equity | 9.00% - 13.40% | 11.20% |
| Tax rate | 17.70% - 18.60% | 18.15% |
| Cost of debt | 4.00% - 5.40% | 4.70% |
| WACC | 6.3% - 9.2% | 7.8% |
| Category | Low | High |
| Long-term bond rate | 4.6% | 5.1% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.86 | 1.27 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.00% | 13.40% |
| Tax rate | 17.70% | 18.60% |
| Debt/Equity ratio | 0.87 | 0.87 |
| Cost of debt | 4.00% | 5.40% |
| After-tax WACC | 6.3% | 9.2% |
| Selected WACC | 7.8% | |