The WACC of Progress Software Corp (PRGS) is 6.5%.
Range | Selected | |
Cost of equity | 6.30% - 8.20% | 7.25% |
Tax rate | 15.20% - 17.70% | 16.45% |
Cost of debt | 4.00% - 4.80% | 4.40% |
WACC | 5.7% - 7.3% | 6.5% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.54 | 0.6 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 6.30% | 8.20% |
Tax rate | 15.20% | 17.70% |
Debt/Equity ratio | 0.27 | 0.27 |
Cost of debt | 4.00% | 4.80% |
After-tax WACC | 5.7% | 7.3% |
Selected WACC | 6.5% | |