KRSTL.IS WACC - Weighted Average Cost of Capital
The WACC of Kristal Kola ve Mesrubat Sanayi Ticaret AS (KRSTL.IS) is 28.4%.
| Range | Selected | |
| Cost of equity | 26.9% - 30.0% | 28.45% |
| Tax rate | 18.0% - 21.8% | 19.9% |
| Cost of debt | 18.6% - 26.2% | 22.4% |
| WACC | 26.8% - 29.9% | 28.4% |
| Category | Low | High |
| Long-term bond rate | 21.4% | 21.9% |
| Equity market risk premium | 10.2% | 11.2% |
| Adjusted beta | 0.55 | 0.68 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 26.9% | 30.0% |
| Tax rate | 18.0% | 21.8% |
| Debt/Equity ratio | 0.01 | 0.01 |
| Cost of debt | 18.6% | 26.2% |
| After-tax WACC | 26.8% | 29.9% |
| Selected WACC | 28.4% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| KRSTL.IS | Kristal Kola ve Mesrubat Sanayi Ticaret AS | 0.01 | 1.61 | 1.6 |
| EXC.WA | Excellence SA | 0.06 | 0.93 | 0.89 |
| KOFOL.PR | Kofola CeskoSlovensko as | 0.43 | 0.64 | 0.48 |
| KVT.WA | Krynica Vitamin SA | 0.34 | 0.5 | 0.39 |
| NICL.L | Nichols PLC | 0.01 | 0.72 | 0.72 |
| PINSU.IS | Pinar Su ve Icecek Sanayi ve Ticaret AS | 0.83 | 0.93 | 0.56 |
| RIO.MC | Bodegas Riojanas SA | 1.58 | -0.06 | -0.03 |
| SPA.BR | Societe de Services de Participations, de Direction et d'Elaboration SA | 0.01 | 0.02 | 0.02 |
| GHMP | Good Hemp Inc | 0.7 | 0.38 | 0.25 |
| MLHC | M Line Holdings Inc | 3103.85 | 0 | 0 |
| Low | High | |
| Unlevered beta | 0.33 | 0.51 |
| Relevered beta | 0.33 | 0.52 |
| Adjusted relevered beta | 0.55 | 0.68 |
KRSTL.IS'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 KRSTL.IS:
cost_of_equity (28.45%) = risk_free_rate (21.65%) + equity_risk_premium (10.70%) * adjusted_beta (0.55) + 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.