The WACC of Novartis AG (NOVN.SW) is 6.0%.
| Range | Selected | |
| Cost of equity | 5.00% - 7.60% | 6.30% |
| Tax rate | 12.10% - 16.70% | 14.40% |
| Cost of debt | 4.00% - 4.50% | 4.25% |
| WACC | 4.8% - 7.1% | 6.0% |
| Category | Low | High |
| Long-term bond rate | 1.0% | 1.5% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.78 | 0.92 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.00% | 7.60% |
| Tax rate | 12.10% | 16.70% |
| Debt/Equity ratio | 0.13 | 0.13 |
| Cost of debt | 4.00% | 4.50% |
| After-tax WACC | 4.8% | 7.1% |
| Selected WACC | 6.0% | |