KOPY.ST WACC - Weighted Average Cost of Capital

The WACC of Kopy Goldfields AB (publ) (KOPY.ST) is 12.0%.

The Cost of Equity of Kopy Goldfields AB (publ) (KOPY.ST) is 5.60%.

The Cost of Debt of Kopy Goldfields AB (publ) (KOPY.ST) is 17.45%.

	Range	Selected
Cost of equity	4.60% - 6.60%	5.60%
Tax rate	18.60% - 24.50%	21.55%
Cost of debt	14.30% - 20.60%	17.45%
WACC	10.3% - 13.8%	12.0%

WACC

KOPY.ST WACC calculation

Category	Low	High

Long-term bond rate	2.5%	3.0%
Equity market risk premium	5.1%	6.1%
Adjusted beta	0.42	0.51

Additional risk adjustments	0.0%	0.5%
Cost of equity	4.60%	6.60%

Tax rate	18.60%	24.50%
Debt/Equity ratio	4.08	4.08
Cost of debt	14.30%	20.60%

After-tax WACC	10.3%	13.8%


Selected WACC	12.0%

KOPY.ST'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 KOPY.ST:

cost_of_equity (5.60%) = risk_free_rate (2.75%) + equity_risk_premium (5.60%) * adjusted_beta (0.42) + 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.