NSVZ.ME WACC - Weighted Average Cost of Capital

The WACC of Nauka-Svyaz' PAO (NSVZ.ME) is 19.0%.

The Cost of Equity of Nauka-Svyaz' PAO (NSVZ.ME) is 20.65%.

The Cost of Debt of Nauka-Svyaz' PAO (NSVZ.ME) is 18.05%.

	Range	Selected
Cost of equity	19.60% - 21.70%	20.65%
Tax rate	15.40% - 21.70%	18.55%
Cost of debt	15.10% - 21.00%	18.05%
WACC	17.7% - 20.2%	19.0%

WACC

NSVZ.ME WACC calculation

Category	Low	High

Long-term bond rate	15.8%	16.3%
Equity market risk premium	11.7%	12.7%
Adjusted beta	0.32	0.39

Additional risk adjustments	0.0%	0.5%
Cost of equity	19.60%	21.70%

Tax rate	15.40%	21.70%
Debt/Equity ratio	0.39	0.39
Cost of debt	15.10%	21.00%

After-tax WACC	17.7%	20.2%


Selected WACC	19.0%

NSVZ.ME'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 NSVZ.ME:

cost_of_equity (20.65%) = risk_free_rate (16.05%) + equity_risk_premium (12.20%) * adjusted_beta (0.32) + 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.