KRSTL.IS WACC - Weighted Average Cost of Capital

The WACC of Kristal Kola ve Mesrubat Sanayi Ticaret AS (KRSTL.IS) is 28.4%.

The Cost of Equity of Kristal Kola ve Mesrubat Sanayi Ticaret AS (KRSTL.IS) is 28.45%.

The Cost of Debt of Kristal Kola ve Mesrubat Sanayi Ticaret AS (KRSTL.IS) is 22.40%.

	Range	Selected
Cost of equity	26.90% - 30.00%	28.45%
Tax rate	18.00% - 21.80%	19.90%
Cost of debt	18.60% - 26.20%	22.40%
WACC	26.8% - 29.9%	28.4%

WACC

KRSTL.IS WACC calculation

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	26.90%	30.00%

Tax rate	18.00%	21.80%
Debt/Equity ratio	0.01	0.01
Cost of debt	18.60%	26.20%

After-tax WACC	26.8%	29.9%


Selected WACC	28.4%

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.