NUHCM.IS WACC - Weighted Average Cost of Capital

The WACC of Nuh Cimento Sanayi AS (NUHCM.IS) is 28.9%.

The Cost of Equity of Nuh Cimento Sanayi AS (NUHCM.IS) is 29.50%.

The Cost of Debt of Nuh Cimento Sanayi AS (NUHCM.IS) is 18.40%.

	Range	Selected
Cost of equity	27.60% - 31.40%	29.50%
Tax rate	16.70% - 19.60%	18.15%
Cost of debt	14.80% - 22.00%	18.40%
WACC	27.0% - 30.8%	28.9%

WACC

NUHCM.IS WACC calculation

Category	Low	High

Long-term bond rate	21.4%	21.9%
Equity market risk premium	10.2%	11.2%
Adjusted beta	0.62	0.81

Additional risk adjustments	0.0%	0.5%
Cost of equity	27.60%	31.40%

Tax rate	16.70%	19.60%
Debt/Equity ratio	0.05	0.05
Cost of debt	14.80%	22.00%

After-tax WACC	27.0%	30.8%


Selected WACC	28.9%

NUHCM.IS'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 NUHCM.IS:

cost_of_equity (29.50%) = risk_free_rate (21.65%) + equity_risk_premium (10.70%) * adjusted_beta (0.62) + 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.