NDA.V WACC - Weighted Average Cost of Capital
The WACC of Neptune Digital Assets Corp (NDA.V) is 5.5%.
| Range | Selected | |
| Cost of equity | 5.4% - 9.2% | 7.3% |
| Tax rate | 26.2% - 27.0% | 26.6% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 4.6% - 6.4% | 5.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.31 | 0.71 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.4% | 9.2% |
| Tax rate | 26.2% | 27.0% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 4.6% | 6.4% |
| Selected WACC | 5.5% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| NDA.V | Neptune Digital Assets Corp | 0.03 | 1.28 | 1.26 |
| AXE.V | Acceleware Ltd | 0.2 | -0.98 | -0.85 |
| BEW.V | Bewhere Holdings Inc | 0.01 | 0.62 | 0.61 |
| BLBX | Blackboxstocks Inc | 0.01 | 1.33 | 1.33 |
| INTV | Integrated Ventures Inc | 0.24 | -0.05 | -0.04 |
| IOTC | Iota Communications Inc | 202.21 | -0.75 | -0.01 |
| MFH | Mercurity Fintech Holding Inc | 0.03 | 1.06 | 1.04 |
| MVP.V | MediaValet Inc | 0.03 | 0.58 | 0.56 |
| ONE.V | 01 Communique Laboratory Inc | 0 | -1.45 | -1.45 |
| VENZ.V | Venzee Technologies Inc | 0.3 | 0.22 | 0.18 |
| VSBY.CN | VSBLTY Groupe Technologies Corp | 0.22 | -0.85 | -0.73 |
| Low | High | |
| Unlevered beta | -0.01 | 0.56 |
| Relevered beta | -0.03 | 0.57 |
| Adjusted relevered beta | 0.31 | 0.71 |
NDA.V'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 NDA.V:
cost_of_equity (7.30%) = risk_free_rate (4.15%) + equity_risk_premium (5.60%) * adjusted_beta (0.31) + 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.