MNRV.TA WACC - Weighted Average Cost of Capital

The WACC of Minrav Group Ltd (MNRV.TA) is 8.8%.

The Cost of Equity of Minrav Group Ltd (MNRV.TA) is 12.00%.

The Cost of Debt of Minrav Group Ltd (MNRV.TA) is 8.20%.

	Range	Selected
Cost of equity	10.10% - 13.90%	12.00%
Tax rate	21.80% - 30.90%	26.35%
Cost of debt	4.00% - 12.40%	8.20%
WACC	6.5% - 11.1%	8.8%

WACC

MNRV.TA WACC calculation

Category	Low	High

Long-term bond rate	3.0%	3.5%
Equity market risk premium	5.4%	6.4%
Adjusted beta	1.31	1.54

Additional risk adjustments	0.0%	0.5%
Cost of equity	10.10%	13.90%

Tax rate	21.80%	30.90%
Debt/Equity ratio	1.08	1.08
Cost of debt	4.00%	12.40%

After-tax WACC	6.5%	11.1%


Selected WACC	8.8%

MNRV.TA'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 MNRV.TA:

cost_of_equity (12.00%) = risk_free_rate (3.25%) + equity_risk_premium (5.90%) * adjusted_beta (1.31) + 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.