PCX.WA WACC - Weighted Average Cost of Capital
The WACC of PCC Exol SA (PCX.WA) is 8.6%.
| Range | Selected | |
| Cost of equity | 8.5% - 11.4% | 9.95% |
| Tax rate | 17.7% - 18.7% | 18.2% |
| Cost of debt | 7.1% - 8.6% | 7.85% |
| WACC | 7.5% - 9.7% | 8.6% |
| Category | Low | High |
| Long-term bond rate | 5.5% | 6.0% |
| Equity market risk premium | 6.3% | 7.3% |
| Adjusted beta | 0.48 | 0.67 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.5% | 11.4% |
| Tax rate | 17.7% | 18.7% |
| Debt/Equity ratio | 0.64 | 0.64 |
| Cost of debt | 7.1% | 8.6% |
| After-tax WACC | 7.5% | 9.7% |
| Selected WACC | 8.6% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| PCX.WA | PCC Exol SA | 0.64 | 0.28 | 0.18 |
| DAIOS.AT | Daios Plastics SA | 1.29 | 0.08 | 0.04 |
| FLUG B.CO | Flugger group A/S | 0.72 | 0.11 | 0.07 |
| HOLCO.AS | Holland Colours NV | 0.01 | 0.32 | 0.32 |
| HYDRA.AS | Hydratec Industries NV | 0.07 | 0.37 | 0.35 |
| IZB.WA | Izoblok SA | 1.57 | 0.09 | 0.04 |
| MRSHL.IS | Marshall Boya ve Vernik Sanayi AS | 0.05 | 1.16 | 1.12 |
| NEXAM.ST | Nexam Chemical Holding AB | 0.08 | 0.69 | 0.64 |
| SKA.WA | Fabryka Farb i Lakierow Sniezka SA | 0.27 | 0.11 | 0.09 |
| ZTF.L | Zotefoams PLC | 0.36 | 1.06 | 0.82 |
| Low | High | |
| Unlevered beta | 0.14 | 0.33 |
| Relevered beta | 0.22 | 0.51 |
| Adjusted relevered beta | 0.48 | 0.67 |
PCX.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 PCX.WA:
cost_of_equity (9.95%) = risk_free_rate (5.75%) + equity_risk_premium (6.80%) * adjusted_beta (0.48) + 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.