The WACC of Insteel Industries Inc (IIIN) is 6.0%.
Range | Selected | |
Cost of equity | 7.00% - 9.30% | 8.15% |
Tax rate | 22.50% - 22.70% | 22.60% |
Cost of debt | 5.00% - 5.00% | 5.00% |
WACC | 5.4% - 6.6% | 6.0% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.68 | 0.8 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 7.00% | 9.30% |
Tax rate | 22.50% | 22.70% |
Debt/Equity ratio | 1 | 1 |
Cost of debt | 5.00% | 5.00% |
After-tax WACC | 5.4% | 6.6% |
Selected WACC | 6.0% | |