NATEN.IS WACC - Weighted Average Cost of Capital
The WACC of Naturel Yenilenebilir Enerji Ticaret AS (NATEN.IS) is 26.9%.
| Range | Selected | |
| Cost of equity | 28.1% - 31.1% | 29.6% |
| Tax rate | 7.5% - 15.1% | 11.3% |
| Cost of debt | 15.3% - 22.0% | 18.65% |
| WACC | 25.3% - 28.6% | 26.9% |
| Category | Low | High |
| Long-term bond rate | 21.4% | 21.9% |
| Equity market risk premium | 10.2% | 11.2% |
| Adjusted beta | 0.66 | 0.78 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 28.1% | 31.1% |
| Tax rate | 7.5% | 15.1% |
| Debt/Equity ratio | 0.25 | 0.25 |
| Cost of debt | 15.3% | 22.0% |
| After-tax WACC | 25.3% | 28.6% |
| Selected WACC | 26.9% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| NATEN.IS | Naturel Yenilenebilir Enerji Ticaret AS | 0.25 | 1.02 | 0.83 |
| 01C.WA | 01Cyberaton SA | 0.21 | 0.66 | 0.55 |
| AEGA.OL | Aega ASA | 0.41 | 8.54 | 6.21 |
| EAM.OL | EAM Solar ASA | 0.18 | -3.58 | -3.07 |
| ESUN.SW | Edisun Power Europe AG | 5.02 | 0.75 | 0.13 |
| GRE.MC | Grenergy Renovables SA | 0.56 | 0.34 | 0.22 |
| IB.MI | Iniziative Bresciane Inbre SpA | 1.52 | 0.01 | 0 |
| PANNERGY.BD | PannErgy Nyrt | 0.48 | 0.34 | 0.24 |
| SCATC.OL | Scatec ASA | 2.13 | 0.85 | 0.29 |
| SOLR.V | Solar Alliance Energy Inc | 0.04 | 0.87 | 0.84 |
| Low | High | |
| Unlevered beta | 0.23 | 0.39 |
| Relevered beta | 0.49 | 0.67 |
| Adjusted relevered beta | 0.66 | 0.78 |
NATEN.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 NATEN.IS:
cost_of_equity (29.60%) = risk_free_rate (21.65%) + equity_risk_premium (10.70%) * adjusted_beta (0.66) + 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.