The WACC of National Grid PLC (NG.L) is 6.8%.
Range | Selected | |
Cost of equity | 8.40% - 10.60% | 9.50% |
Tax rate | 26.10% - 27.30% | 26.70% |
Cost of debt | 4.00% - 7.00% | 5.50% |
WACC | 5.7% - 7.9% | 6.8% |
Category | Low | High |
Long-term bond rate | 4.0% | 4.5% |
Equity market risk premium | 6.0% | 7.0% |
Adjusted beta | 0.74 | 0.8 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 8.40% | 10.60% |
Tax rate | 26.10% | 27.30% |
Debt/Equity ratio | 0.99 | 0.99 |
Cost of debt | 4.00% | 7.00% |
After-tax WACC | 5.7% | 7.9% |
Selected WACC | 6.8% | |