The WACC of Hummingbird Resources PLC (HUM.L) is 14.8%.
| Range | Selected | |
| Cost of equity | 17.20% - 28.80% | 23.00% |
| Tax rate | 10.60% - 13.40% | 12.00% |
| Cost of debt | 8.70% - 24.00% | 16.35% |
| WACC | 8.4% - 21.3% | 14.8% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 2.2 | 3.41 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 17.20% | 28.80% |
| Tax rate | 10.60% | 13.40% |
| Debt/Equity ratio | 14.06 | 14.06 |
| Cost of debt | 8.70% | 24.00% |
| After-tax WACC | 8.4% | 21.3% |
| Selected WACC | 14.8% | |