The WACC of New Jersey Resources Corp (NJR) is 7.3%.
Range | Selected | |
Cost of equity | 5.90% - 7.60% | 6.75% |
Tax rate | 15.30% - 17.40% | 16.35% |
Cost of debt | 4.00% - 15.60% | 9.80% |
WACC | 4.9% - 9.6% | 7.3% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.43 | 0.48 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 5.90% | 7.60% |
Tax rate | 15.30% | 17.40% |
Debt/Equity ratio | 0.61 | 0.61 |
Cost of debt | 4.00% | 15.60% |
After-tax WACC | 4.9% | 9.6% |
Selected WACC | 7.3% | |