OPTRON.AT WACC - Weighted Average Cost of Capital
The WACC of Optronics Technologies SA (OPTRON.AT) is 9.5%.
| Range | Selected | |
| Cost of equity | 7.9% - 11.2% | 9.55% |
| Tax rate | 13.9% - 19.8% | 16.85% |
| Cost of debt | 4.0% - 18.2% | 11.1% |
| WACC | 7.9% - 11.2% | 9.5% |
| Category | Low | High |
| Long-term bond rate | 3.3% | 3.8% |
| Equity market risk premium | 8.8% | 9.8% |
| Adjusted beta | 0.52 | 0.7 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.9% | 11.2% |
| Tax rate | 13.9% | 19.8% |
| Debt/Equity ratio | 0 | 0 |
| Cost of debt | 4.0% | 18.2% |
| After-tax WACC | 7.9% | 11.2% |
| Selected WACC | 9.5% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| OPTRON.AT | Optronics Technologies SA | 0 | 0 | 0 |
| ALMUN.PA | Munic SA | 1.29 | 0.22 | 0.11 |
| ALNN6.PA | Enensys Technologies SA | 1.24 | 0.29 | 0.14 |
| CEK.DE | CeoTronics Audio Video Data Communication AG | 0.16 | 1.4 | 1.24 |
| ENET.L | Ethernity Networks Ltd | 0.71 | 0.11 | 0.07 |
| FTC.L | Filtronic PLC | 0.01 | 1.45 | 1.43 |
| OPTI.BR | Crescent NV | 0.33 | 0.81 | 0.64 |
| SAF1R.RG | SAF Tehnika AS | 0.1 | 0.04 | 0.04 |
| SRT.L | SRT Marine Systems PLC | 0.1 | 0.54 | 0.5 |
| TST.L | Touchstar PLC | 0.03 | 0.38 | 0.37 |
| WAYS.ST | Waystream Holding AB (publ) | 0.05 | 0.93 | 0.89 |
| Low | High | |
| Unlevered beta | 0.14 | 0.5 |
| Relevered beta | 0.28 | 0.55 |
| Adjusted relevered beta | 0.52 | 0.7 |
OPTRON.AT'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 OPTRON.AT:
cost_of_equity (9.55%) = risk_free_rate (3.55%) + equity_risk_premium (9.30%) * adjusted_beta (0.52) + 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.