The WACC of Progress Software Corp (PRGS) is 6.9%.
Range | Selected | |
Cost of equity | 6.40% - 9.30% | 7.85% |
Tax rate | 15.20% - 17.70% | 16.45% |
Cost of debt | 4.00% - 5.10% | 4.55% |
WACC | 5.7% - 8.2% | 6.9% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.54 | 0.79 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 6.40% | 9.30% |
Tax rate | 15.20% | 17.70% |
Debt/Equity ratio | 0.29 | 0.29 |
Cost of debt | 4.00% | 5.10% |
After-tax WACC | 5.7% | 8.2% |
Selected WACC | 6.9% | |