FEES.ME WACC - Weighted Average Cost of Capital

The WACC of FSK YeES PAO (FEES.ME) is 15.6%.

The Cost of Equity of FSK YeES PAO (FEES.ME) is 25.40%.

The Cost of Debt of FSK YeES PAO (FEES.ME) is 14.15%.

	Range	Selected
Cost of equity	23.50% - 27.30%	25.40%
Tax rate	21.40% - 22.20%	21.80%
Cost of debt	11.40% - 16.90%	14.15%
WACC	13.6% - 17.6%	15.6%

WACC

FEES.ME WACC calculation

Category	Low	High

Long-term bond rate	15.8%	16.3%
Equity market risk premium	11.7%	12.7%
Adjusted beta	0.66	0.83

Additional risk adjustments	0.0%	0.5%
Cost of equity	23.50%	27.30%

Tax rate	21.40%	22.20%
Debt/Equity ratio	2.13	2.13
Cost of debt	11.40%	16.90%

After-tax WACC	13.6%	17.6%


Selected WACC	15.6%

FEES.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 FEES.ME:

cost_of_equity (25.40%) = risk_free_rate (16.05%) + equity_risk_premium (12.20%) * adjusted_beta (0.66) + 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.