MPITR.AT WACC - Weighted Average Cost of Capital

The WACC of Bitros Holding SA (MPITR.AT) is 8.5%.

The Cost of Equity of Bitros Holding SA (MPITR.AT) is 32.90%.

The Cost of Debt of Bitros Holding SA (MPITR.AT) is 4.25%.

	Range	Selected
Cost of equity	22.90% - 42.90%	32.90%
Tax rate	0.40% - 3.10%	1.75%
Cost of debt	4.00% - 4.50%	4.25%
WACC	6.8% - 10.1%	8.5%

WACC

MPITR.AT WACC calculation

Category	Low	High

Long-term bond rate	3.3%	3.8%
Equity market risk premium	8.8%	9.8%
Adjusted beta	2.24	3.95

Additional risk adjustments	0.0%	0.5%
Cost of equity	22.90%	42.90%

Tax rate	0.40%	3.10%
Debt/Equity ratio	5.68	5.68
Cost of debt	4.00%	4.50%

After-tax WACC	6.8%	10.1%


Selected WACC	8.5%

MPITR.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 MPITR.AT:

cost_of_equity (32.90%) = risk_free_rate (3.55%) + equity_risk_premium (9.30%) * adjusted_beta (2.24) + 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.