PRFN.ME WACC - Weighted Average Cost of Capital
The WACC of ChZPSN-Profnastil PAO (PRFN.ME) is 18.5%.
| Range | Selected | |
| Cost of equity | 19.8% - 21.4% | 20.6% |
| Tax rate | 24.9% - 25.9% | 25.4% |
| Cost of debt | 4.0% - 7.0% | 5.5% |
| WACC | 17.7% - 19.4% | 18.5% |
| Category | Low | High |
| Long-term bond rate | 15.8% | 16.3% |
| Equity market risk premium | 11.7% | 12.7% |
| Adjusted beta | 0.34 | 0.37 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 19.8% | 21.4% |
| Tax rate | 24.9% | 25.9% |
| Debt/Equity ratio | 0.14 | 0.14 |
| Cost of debt | 4.0% | 7.0% |
| After-tax WACC | 17.7% | 19.4% |
| Selected WACC | 18.5% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| PRFN.ME | ChZPSN-Profnastil PAO | 0.14 | -0.09 | -0.08 |
| 513693.BO | K I C Metaliks Ltd | 1 | 0.67 | 0.38 |
| AMEZ.ME | Ashinskiy Metzavod PAO | 0.51 | 0.5 | 0.37 |
| CHEP.ME | Chelyabinskiy Truboprokatnyi Zavod PAO | 0.67 | 0.85 | 0.56 |
| CHMK.ME | Chelyabinskiy Metallurgicheskiy Kombinat PAO | 5.74 | 0.04 | 0.01 |
| IGST.ME | Izhstal' PAO | 0.51 | -0.82 | -0.6 |
| MAGN.ME | Magnitogorskiy Metallurgicheskiy Kombinat PAO | 6.2 | 0.29 | 0.05 |
| NLMK.ME | Novolipetsk Steel PAO | 4.17 | 0.2 | 0.05 |
| URKZ.ME | Ural'skaya Kuznitsa PAO | 0.1 | -0.4 | -0.37 |
| Low | High | |
| Unlevered beta | 0.02 | 0.05 |
| Relevered beta | 0.01 | 0.06 |
| Adjusted relevered beta | 0.34 | 0.37 |
PRFN.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 PRFN.ME:
cost_of_equity (20.60%) = risk_free_rate (16.05%) + equity_risk_premium (12.20%) * adjusted_beta (0.34) + 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.