KORDE.AT WACC - Weighted Average Cost of Capital

The WACC of Kordellos Ch Bros SA (KORDE.AT) is 13.1%.

The Cost of Equity of Kordellos Ch Bros SA (KORDE.AT) is 19.60%.

The Cost of Debt of Kordellos Ch Bros SA (KORDE.AT) is 14.00%.

	Range	Selected
Cost of equity	16.20% - 23.00%	19.60%
Tax rate	15.30% - 24.50%	19.90%
Cost of debt	4.70% - 23.30%	14.00%
WACC	7.2% - 19.0%	13.1%

WACC

KORDE.AT WACC calculation

Category	Low	High

Long-term bond rate	3.3%	3.8%
Equity market risk premium	8.8%	9.8%
Adjusted beta	1.48	1.92

Additional risk adjustments	0.0%	0.5%
Cost of equity	16.20%	23.00%

Tax rate	15.30%	24.50%
Debt/Equity ratio	2.82	2.82
Cost of debt	4.70%	23.30%

After-tax WACC	7.2%	19.0%


Selected WACC	13.1%

KORDE.AT'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 KORDE.AT:

cost_of_equity (19.60%) = risk_free_rate (3.55%) + equity_risk_premium (9.30%) * adjusted_beta (1.48) + 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.