The WACC of FirstGroup PLC (FGP.L) is 6.4%.
| Range | Selected | |
| Cost of equity | 8.50% - 12.50% | 10.50% |
| Tax rate | 17.30% - 39.90% | 28.60% |
| Cost of debt | 4.30% - 7.60% | 5.95% |
| WACC | 5.3% - 7.4% | 6.4% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.76 | 1.07 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.50% | 12.50% |
| Tax rate | 17.30% | 39.90% |
| Debt/Equity ratio | 1.78 | 1.78 |
| Cost of debt | 4.30% | 7.60% |
| After-tax WACC | 5.3% | 7.4% |
| Selected WACC | 6.4% | |