The WACC of Simmons First National Corp (SFNC) is 8.3%.
Range | Selected | |
Cost of equity | 7.90% - 10.10% | 9.00% |
Tax rate | 17.60% - 19.20% | 18.40% |
Cost of debt | 5.00% - 5.00% | 5.00% |
WACC | 7.3% - 9.2% | 8.3% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.87 | 0.94 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 7.90% | 10.10% |
Tax rate | 17.60% | 19.20% |
Debt/Equity ratio | 0.18 | 0.18 |
Cost of debt | 5.00% | 5.00% |
After-tax WACC | 7.3% | 9.2% |
Selected WACC | 8.3% | |