The WACC of Provident Financial Services Inc (PFS) is 7.6%.
Range | Selected | |
Cost of equity | 7.20% - 9.60% | 8.40% |
Tax rate | 25.20% - 26.40% | 25.80% |
Cost of debt | 5.00% - 5.00% | 5.00% |
WACC | 6.6% - 8.6% | 7.6% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.73 | 0.85 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 7.20% | 9.60% |
Tax rate | 25.20% | 26.40% |
Debt/Equity ratio | 0.22 | 0.22 |
Cost of debt | 5.00% | 5.00% |
After-tax WACC | 6.6% | 8.6% |
Selected WACC | 7.6% | |