The WACC of HSBC Holdings PLC (HSBA.L) is 5.8%.
| Range | Selected | |
| Cost of equity | 9.60% - 12.40% | 11.00% |
| Tax rate | 21.00% - 25.60% | 23.30% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 5.5% - 6.1% | 5.8% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.93 | 1.07 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.60% | 12.40% |
| Tax rate | 21.00% | 25.60% |
| Debt/Equity ratio | 2.62 | 2.62 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 5.5% | 6.1% |
| Selected WACC | 5.8% | |