MRSHL.IS WACC - Weighted Average Cost of Capital

The WACC of Marshall Boya ve Vernik Sanayi AS (MRSHL.IS) is 28.0%.

The Cost of Equity of Marshall Boya ve Vernik Sanayi AS (MRSHL.IS) is 28.05%.

The Cost of Debt of Marshall Boya ve Vernik Sanayi AS (MRSHL.IS) is 31.30%.

	Range	Selected
Cost of equity	26.30% - 29.80%	28.05%
Tax rate	12.30% - 17.50%	14.90%
Cost of debt	31.30% - 31.30%	31.30%
WACC	26.4% - 29.6%	28.0%

WACC

MRSHL.IS WACC calculation

Category	Low	High

Long-term bond rate	21.4%	21.9%
Equity market risk premium	10.2%	11.2%
Adjusted beta	0.49	0.67

Additional risk adjustments	0.0%	0.5%
Cost of equity	26.30%	29.80%

Tax rate	12.30%	17.50%
Debt/Equity ratio	0.05	0.05
Cost of debt	31.30%	31.30%

After-tax WACC	26.4%	29.6%


Selected WACC	28.0%

MRSHL.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 MRSHL.IS:

cost_of_equity (28.05%) = risk_free_rate (21.65%) + equity_risk_premium (10.70%) * adjusted_beta (0.49) + 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.