The WACC of Middlesex Water Co (MSEX) is 6.7%.
Range | Selected | |
Cost of equity | 6.60% - 8.80% | 7.70% |
Tax rate | 8.90% - 10.80% | 9.85% |
Cost of debt | 4.00% - 4.60% | 4.30% |
WACC | 5.8% - 7.5% | 6.7% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.59 | 0.7 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 6.60% | 8.80% |
Tax rate | 8.90% | 10.80% |
Debt/Equity ratio | 0.36 | 0.36 |
Cost of debt | 4.00% | 4.60% |
After-tax WACC | 5.8% | 7.5% |
Selected WACC | 6.7% | |