SEKUR.IS WACC - Weighted Average Cost of Capital
The WACC of Sekuro Plastik Ambalaj Sanayi AS (SEKUR.IS) is 24.0%.
| Range | Selected | |
| Cost of equity | 28.3% - 31.9% | 30.1% |
| Tax rate | 21.2% - 22.0% | 21.6% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 22.6% - 25.4% | 24.0% |
| Category | Low | High |
| Long-term bond rate | 21.4% | 21.9% |
| Equity market risk premium | 10.2% | 11.2% |
| Adjusted beta | 0.68 | 0.85 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 28.3% | 31.9% |
| Tax rate | 21.2% | 22.0% |
| Debt/Equity ratio | 0.3 | 0.3 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 22.6% | 25.4% |
| Selected WACC | 24.0% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| SEKUR.IS | Sekuro Plastik Ambalaj Sanayi AS | 0.3 | 0.94 | 0.76 |
| BAKAB.IS | Bak Ambalaj Sanayi ve Ticaret AS | 0.22 | 0.64 | 0.54 |
| DURDO.IS | Duran Dogan Basim Ve Ambalaj Sanayi AS | 0.65 | 1.14 | 0.76 |
| FLEXO.AT | Flexopack SA | 0.58 | 0.08 | 0.06 |
| GRAL.MI | Grifal SpA | 1.29 | 0.4 | 0.2 |
| KAPLM.IS | Kaplamin Ambalaj Sanayi ve Ticaret AS | 0.04 | 1.06 | 1.03 |
| PAIR.AT | E Pairis SA | 2.18 | 1.01 | 0.37 |
| PPAK.AT | Paperpack Printing Box Manufacturing and Paper Packaging Industrial SA | 1.1 | 0.37 | 0.2 |
| RBN.L | Robinson PLC | 0.38 | 0.89 | 0.68 |
| VIS.AT | VIS Containers Manufacturing SA | 1.29 | 0.55 | 0.27 |
| Low | High | |
| Unlevered beta | 0.33 | 0.6 |
| Relevered beta | 0.52 | 0.78 |
| Adjusted relevered beta | 0.68 | 0.85 |
SEKUR.IS'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 SEKUR.IS:
cost_of_equity (30.10%) = risk_free_rate (21.65%) + equity_risk_premium (10.70%) * adjusted_beta (0.68) + 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.