OPN.WA WACC - Weighted Average Cost of Capital
The WACC of Oponeo.pl SA (OPN.WA) is 11.2%.
| Range | Selected | |
| Cost of equity | 10.9% - 13.6% | 12.25% |
| Tax rate | 19.7% - 19.8% | 19.75% |
| Cost of debt | 6.2% - 7.0% | 6.6% |
| WACC | 10.0% - 12.5% | 11.2% |
| Category | Low | High |
| Long-term bond rate | 5.5% | 6.0% |
| Equity market risk premium | 6.3% | 7.3% |
| Adjusted beta | 0.84 | 0.97 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.9% | 13.6% |
| Tax rate | 19.7% | 19.8% |
| Debt/Equity ratio | 0.17 | 0.17 |
| Cost of debt | 6.2% | 7.0% |
| After-tax WACC | 10.0% | 12.5% |
| Selected WACC | 11.2% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| OPN.WA | Oponeo.pl SA | 0.17 | 0.28 | 0.24 |
| AO.L | AO World PLC | 0.13 | 0.9 | 0.82 |
| BHG.ST | BHG Group AB | 0.58 | 1.27 | 0.87 |
| BOOZT.ST | Boozt AB | 0.15 | 0.91 | 0.81 |
| CDON.ST | Cdon AB | 0.01 | 0.41 | 0.41 |
| EPR.MI | Eprice SpA | 2.26 | 0.27 | 0.1 |
| MYSL.L | MySale Group PLC | 0.11 | 1.53 | 1.41 |
| NELLY.ST | Nelly Group AB (publ) | 0.22 | 1.17 | 0.99 |
| VERK.HE | Verkkokauppa.com Oyj | 0.38 | 1.38 | 1.06 |
| WEW.DE | Westwing Group AG | 0.2 | 0.55 | 0.47 |
| Low | High | |
| Unlevered beta | 0.68 | 0.84 |
| Relevered beta | 0.76 | 0.96 |
| Adjusted relevered beta | 0.84 | 0.97 |
OPN.WA'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 OPN.WA:
cost_of_equity (12.25%) = risk_free_rate (5.75%) + equity_risk_premium (6.80%) * adjusted_beta (0.84) + 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.