MSZ.WA WACC - Weighted Average Cost of Capital
The WACC of Mostostal Zabrze SA (MSZ.WA) is 9.8%.
| Range | Selected | |
| Cost of equity | 9.2% - 11.3% | 10.25% |
| Tax rate | 30.0% - 34.9% | 32.45% |
| Cost of debt | 6.6% - 9.5% | 8.05% |
| WACC | 8.8% - 10.8% | 9.8% |
| Category | Low | High |
| Long-term bond rate | 5.5% | 6.0% |
| Equity market risk premium | 6.3% | 7.3% |
| Adjusted beta | 0.59 | 0.65 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.2% | 11.3% |
| Tax rate | 30.0% | 34.9% |
| Debt/Equity ratio | 0.1 | 0.1 |
| Cost of debt | 6.6% | 9.5% |
| After-tax WACC | 8.8% | 10.8% |
| Selected WACC | 9.8% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| MSZ.WA | Mostostal Zabrze SA | 0.1 | 0.49 | 0.46 |
| BYGGP.ST | ByggPartner i Dalarna Holding AB (publ) | 0.2 | 0.34 | 0.3 |
| DEK.WA | Dekpol SA | 0.58 | 0.83 | 0.6 |
| INFE.PA | Cie Industrielle Financiere Entreprise SA | 0.21 | -0.58 | -0.51 |
| INK.WA | Instal Krakow SA | 0.05 | 0.41 | 0.4 |
| MDF.MC | Duro Felguera SA | 0.49 | 0.72 | 0.54 |
| MOUR.BR | Moury Construct SA | 0.01 | 0.21 | 0.21 |
| NEXS.L | Nexus Infrastructure PLC | 0.78 | 0.05 | 0.04 |
| PBX.WA | Poznanska Korporacja Budowlana Pekabex SA | 0.68 | 0.64 | 0.44 |
| PTR1L.VS | Panevezio Statybos Trestas AB | 1.94 | 1.83 | 0.8 |
| Low | High | |
| Unlevered beta | 0.36 | 0.45 |
| Relevered beta | 0.39 | 0.48 |
| Adjusted relevered beta | 0.59 | 0.65 |
MSZ.WA'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 MSZ.WA:
cost_of_equity (10.25%) = risk_free_rate (5.75%) + equity_risk_premium (6.80%) * adjusted_beta (0.59) + 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.