The WACC of Thales SA (HO.PA) is 8.6%.
| Range | Selected | |
| Cost of equity | 8.40% - 10.60% | 9.50% |
| Tax rate | 15.10% - 18.40% | 16.75% |
| Cost of debt | 4.00% - 4.50% | 4.25% |
| WACC | 7.7% - 9.6% | 8.6% |
| Category | Low | High |
| Long-term bond rate | 3.0% | 3.5% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 0.92 | 0.96 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.40% | 10.60% |
| Tax rate | 15.10% | 18.40% |
| Debt/Equity ratio | 0.16 | 0.16 |
| Cost of debt | 4.00% | 4.50% |
| After-tax WACC | 7.7% | 9.6% |
| Selected WACC | 8.6% | |