JCT.BK WACC - Weighted Average Cost of Capital
The WACC of Jack Chia Industries Thailand PCL (JCT.BK) is 8.0%.
| Range | Selected | |
| Cost of equity | 9.9% - 14.0% | 11.95% |
| Tax rate | 18.0% - 18.3% | 18.15% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 7.0% - 9.1% | 8.0% |
| Category | Low | High |
| Long-term bond rate | 2.6% | 3.1% |
| Equity market risk premium | 7.4% | 8.4% |
| Adjusted beta | 0.98 | 1.24 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.9% | 14.0% |
| Tax rate | 18.0% | 18.3% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 7.0% | 9.1% |
| Selected WACC | 8.0% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| JCT.BK | Jack Chia Industries Thailand PCL | 1.08 | 0.02 | 0.01 |
| 012690.KS | Monalisa Co Ltd | 0.01 | 0.23 | 0.23 |
| 1732.TW | Mao Bao Inc | 0.01 | 0.86 | 0.86 |
| 2023.HK | China Ludao Technology Company Ltd | 1.98 | -0.17 | -0.06 |
| 3895.T | Havix Corp | 0.47 | 0.41 | 0.3 |
| 524136.BO | Pee Cee Cosma Sope Ltd | 0.01 | 1.57 | 1.55 |
| 540717.BO | Polo Queen Industrial and Fintech Ltd | 0.01 | 0.46 | 0.46 |
| 8512.HK | Hyfusin Group Holdings Ltd | 0.06 | 0.62 | 0.59 |
| NET.VN | NET Detergent JSC | 0.08 | 0.72 | 0.68 |
| PAOS.KL | Paos Holdings Bhd | 0.01 | 0.99 | 0.98 |
| PTL.AX | Pental Ltd | 0 | 1.32 | 1.32 |
| Low | High | |
| Unlevered beta | 0.46 | 0.68 |
| Relevered beta | 0.97 | 1.36 |
| Adjusted relevered beta | 0.98 | 1.24 |
JCT.BK'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 JCT.BK:
cost_of_equity (11.95%) = risk_free_rate (2.85%) + equity_risk_premium (7.90%) * adjusted_beta (0.98) + 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.