MATHIO.AT WACC - Weighted Average Cost of Capital

The WACC of Mathios Refractory SA (MATHIO.AT) is 11.7%.

The Cost of Equity of Mathios Refractory SA (MATHIO.AT) is 22.90%.

The Cost of Debt of Mathios Refractory SA (MATHIO.AT) is 5.25%.

	Range	Selected
Cost of equity	21.10% - 24.70%	22.90%
Tax rate	6.60% - 11.60%	9.10%
Cost of debt	4.00% - 6.50%	5.25%
WACC	10.4% - 13.0%	11.7%

WACC

MATHIO.AT WACC calculation

Category	Low	High

Long-term bond rate	3.3%	3.8%
Equity market risk premium	8.8%	9.8%
Adjusted beta	2.04	2.09

Additional risk adjustments	0.0%	0.5%
Cost of equity	21.10%	24.70%

Tax rate	6.60%	11.60%
Debt/Equity ratio	1.63	1.63
Cost of debt	4.00%	6.50%

After-tax WACC	10.4%	13.0%


Selected WACC	11.7%

MATHIO.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 MATHIO.AT:

cost_of_equity (22.90%) = risk_free_rate (3.55%) + equity_risk_premium (9.30%) * adjusted_beta (2.04) + 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.