NYF.ST WACC - Weighted Average Cost of Capital
The WACC of Nyfosa AB (NYF.ST) is 5.8%.
| Range | Selected | |
| Cost of equity | 5.5% - 7.5% | 6.5% |
| Tax rate | 8.3% - 11.2% | 9.75% |
| Cost of debt | 4.0% - 7.8% | 5.9% |
| WACC | 4.5% - 7.2% | 5.8% |
| Category | Low | High |
| Long-term bond rate | 2.5% | 3.0% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.59 | 0.65 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.5% | 7.5% |
| Tax rate | 8.3% | 11.2% |
| Debt/Equity ratio | 1.21 | 1.21 |
| Cost of debt | 4.0% | 7.8% |
| After-tax WACC | 4.5% | 7.2% |
| Selected WACC | 5.8% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| NYF.ST | Nyfosa AB | 1.21 | 0.28 | 0.14 |
| CATE.ST | Catena AB | 0.6 | 0.35 | 0.23 |
| CLI.L | CLS Holdings PLC | 4.03 | 1.12 | 0.24 |
| CTY1S.HE | Citycon Oyj | 2.7 | 0.73 | 0.21 |
| DEQ.DE | Deutsche Euroshop AG | 1.2 | 0.29 | 0.14 |
| FPAR A.ST | FastPartner AB | 1.6 | 0.36 | 0.15 |
| GRI.L | Grainger PLC | 1.01 | 0.83 | 0.43 |
| JDAN.CO | Jeudan A/S | 1.89 | 0.02 | 0.01 |
| MOBN.SW | Mobimo Holding AG | 0.73 | 0.38 | 0.23 |
| SPI.VI | S Immo AG | 1.3 | 0.6 | 0.28 |
| Low | High | |
| Unlevered beta | 0.19 | 0.23 |
| Relevered beta | 0.39 | 0.48 |
| Adjusted relevered beta | 0.59 | 0.65 |
NYF.ST'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 NYF.ST:
cost_of_equity (6.50%) = risk_free_rate (2.75%) + equity_risk_premium (5.60%) * adjusted_beta (0.59) + 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.