PMSB.ME WACC - Weighted Average Cost of Capital
The WACC of Permskaya Energosbytovaya Kompaniya PAO (PMSB.ME) is 21.0%.
| Range | Selected | |
| Cost of equity | 20.1% - 22.0% | 21.05% |
| Tax rate | 22.7% - 24.0% | 23.35% |
| Cost of debt | 4.0% - 7.0% | 5.5% |
| WACC | 20.1% - 22.0% | 21.0% |
| Category | Low | High |
| Long-term bond rate | 15.8% | 16.3% |
| Equity market risk premium | 11.7% | 12.7% |
| Adjusted beta | 0.37 | 0.41 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 20.1% | 22.0% |
| Tax rate | 22.7% | 24.0% |
| Debt/Equity ratio | 0 | 0 |
| Cost of debt | 4.0% | 7.0% |
| After-tax WACC | 20.1% | 22.0% |
| Selected WACC | 21.0% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| PMSB.ME | Permskaya Energosbytovaya Kompaniya PAO | 0 | 0.11 | 0.11 |
| ENRU.ME | Enel Rossiya PAO | 1.43 | 0.62 | 0.3 |
| KUBE.ME | Kuban'energo PAO | 0.15 | 0.15 | 0.13 |
| MRKY.ME | MRSK Yuga PAO | 1.73 | -0.13 | -0.05 |
| MRKZ.ME | MRSK Severo-Zapada PAO | 1.54 | -0.01 | -0.01 |
| NNSB.ME | TNS Energo Nizhniy Novgorod PAO | 0.23 | -0.04 | -0.04 |
| TGKB.ME | Territorial'naya Generiruyushchaya Kompaniya No2 PAO | 0.62 | 0.16 | 0.11 |
| TGKD.ME | Quadra-Generiruyushchaya Kompaniya PAO | 1.06 | -0.28 | -0.16 |
| VGSB.ME | Volgogradenergosbyt PAO | 0.14 | 0.21 | 0.19 |
| YKEN.ME | Yakutskenergo PAO | 5.18 | 0.79 | 0.16 |
| Low | High | |
| Unlevered beta | 0.06 | 0.12 |
| Relevered beta | 0.06 | 0.12 |
| Adjusted relevered beta | 0.37 | 0.41 |
PMSB.ME'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 PMSB.ME:
cost_of_equity (21.05%) = risk_free_rate (16.05%) + equity_risk_premium (12.20%) * adjusted_beta (0.37) + 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.