MIR
Mirion Technologies Inc
Price:  
20.74 
USD
Volume:  
1,418,134
United States | Electronic Equipment, Instruments & Components

MIR WACC - Weighted Average Cost of Capital

The WACC of Mirion Technologies Inc (MIR) is 11.3%.

The Cost of Equity of Mirion Technologies Inc (MIR) is 11.2%.
The Cost of Debt of Mirion Technologies Inc (MIR) is 13.05%.

RangeSelected
Cost of equity9.9% - 12.5%11.2%
Tax rate6.1% - 6.9%6.5%
Cost of debt5.2% - 20.9%13.05%
WACC9.2% - 13.4%11.3%
WACC

MIR WACC calculation

CategoryLowHigh
Long-term bond rate3.9%4.4%
Equity market risk premium4.6%5.6%
Adjusted beta1.31.37
Additional risk adjustments0.0%0.5%
Cost of equity9.9%12.5%
Tax rate6.1%6.9%
Debt/Equity ratio
0.140.14
Cost of debt5.2%20.9%
After-tax WACC9.2%13.4%
Selected WACC11.3%

MIR WACC - Detailed calculations of Beta

LowHigh
Unlevered beta1.281.37
Relevered beta1.451.55
Adjusted relevered beta1.31.37

MIR'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 MIR:

cost_of_equity (11.20%) = risk_free_rate (4.15%) + equity_risk_premium (5.10%) * adjusted_beta (1.3) + 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.