GAGS.VI WACC - Weighted Average Cost of Capital
The WACC of Gurktaler AG (GAGS.VI) is 12.4%.
| Range | Selected | |
| Cost of equity | 5.1% - 7.0% | 6.05% |
| Tax rate | 19.3% - 22.9% | 21.1% |
| Cost of debt | 7.0% - 41.2% | 24.1% |
| WACC | 5.4% - 19.4% | 12.4% |
| Category | Low | High |
| Long-term bond rate | 2.8% | 3.3% |
| Equity market risk premium | 5.7% | 6.7% |
| Adjusted beta | 0.42 | 0.49 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.1% | 7.0% |
| Tax rate | 19.3% | 22.9% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 7.0% | 41.2% |
| After-tax WACC | 5.4% | 19.4% |
| Selected WACC | 12.4% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| GAGS.VI | Gurktaler AG | 0.01 | -0.51 | -0.51 |
| BAL1R.RG | Latvijas balzams AS | 0.04 | 0.12 | 0.11 |
| BEZ.DE | Berentzen Gruppe AG | 0.34 | 0.12 | 0.1 |
| KTILA.AT | Ktima Kostas Lazaridis SA | 0.32 | 0.23 | 0.18 |
| LINDA.TL | Linda Nektar AS | 0 | 0.93 | 0.92 |
| MASI.MI | Masi Agricola SpA | 0.4 | 0.21 | 0.16 |
| MBWS.PA | Marie Brizard Wine and Spirits SA | 0.02 | -0.06 | -0.06 |
| RIO.MC | Bodegas Riojanas SA | 1.58 | -0.06 | -0.02 |
| SWA.DE | Schloss Wachenheim AG | 0.81 | 0.05 | 0.03 |
| VRAP.PA | Vranken Pommery Monopole SA | 6.24 | -0.06 | -0.01 |
| ZWACK.BD | Zwack Unicum Likoripari es Kereskedelmi Nyrt | 0 | 0.37 | 0.37 |
| Low | High | |
| Unlevered beta | 0.03 | 0.11 |
| Relevered beta | 0.13 | 0.24 |
| Adjusted relevered beta | 0.42 | 0.49 |
GAGS.VI'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 GAGS.VI:
cost_of_equity (6.05%) = risk_free_rate (3.05%) + equity_risk_premium (6.20%) * adjusted_beta (0.42) + 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.