Search tickers (stock/ETF/mutual fund)...
  • Screener
  • Watchlist
  • Charts
  • Gurus
    • PPA.AT
    Piraeus Port Authority SA
    Price:  
    48.25 
    EUR
    Volume:  
    4,124
    Greece | Transportation Infrastructure
    ValuationOverviewFinancialsForecastCompareHistorical PriceDividendsTransactionsPeople
    Valuation Summary
    Discounted Cash Flow
    Trading Multiples
    Peter Lynch Fair Value
    Earnings Power Value
    Dividend Discount Model
    WACC
    Similar Stocks to PPA.AT
    HHFA.DE
    Hamburger Hafen und Logistik AG
    OCN.L
    Ocean Wilsons Holdings Ltd
    GLPR.L
    Global Ports Investments PLC
    OLTH.AT
    Thessaloniki Port Authority SA
    TSM1T.TL
    Tallinna Sadam AS
    ADB.MI
    Aeroporto Guglielmo Marconi di Bologna SpA

    PPA.AT WACC - Weighted Average Cost of Capital

    The WACC of Piraeus Port Authority SA (PPA.AT) is 7.5%.

    The Cost of Equity of Piraeus Port Authority SA (PPA.AT) is 7.8%.
    The Cost of Debt of Piraeus Port Authority SA (PPA.AT) is 4.25%.

    RangeSelected
    Cost of equity6.7% - 8.9%7.8%
    Tax rate27.4% - 28.9%28.15%
    Cost of debt4.0% - 4.5%4.25%
    WACC6.4% - 8.5%7.5%
    WACC

    PPA.AT WACC calculation

    CategoryLowHigh
    Long-term bond rate3.3%3.8%
    Equity market risk premium8.8%9.8%
    Adjusted beta0.390.47
    Additional risk adjustments0.0%0.5%
    Cost of equity6.7%8.9%
    Tax rate27.4%28.9%
    Debt/Equity ratio
    		0.070.07
    Cost of debt4.0%4.5%
    After-tax WACC6.4%8.5%
    Selected WACC7.5%

    PPA.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 PPA.AT:

    cost_of_equity (7.80%) = risk_free_rate (3.55%) + equity_risk_premium (9.30%) * adjusted_beta (0.39) + 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.