SPACE.AT WACC - Weighted Average Cost of Capital

The WACC of Space Hellas SA (SPACE.AT) is 8.3%.

The Cost of Equity of Space Hellas SA (SPACE.AT) is 11.05%.

The Cost of Debt of Space Hellas SA (SPACE.AT) is 8.45%.

	Range	Selected
Cost of equity	9.60% - 12.50%	11.05%
Tax rate	13.40% - 16.50%	14.95%
Cost of debt	8.30% - 8.60%	8.45%
WACC	7.9% - 8.8%	8.3%

WACC

SPACE.AT WACC calculation

Category	Low	High

Long-term bond rate	3.3%	3.8%
Equity market risk premium	8.8%	9.8%
Adjusted beta	0.72	0.84

Additional risk adjustments	0.0%	0.5%
Cost of equity	9.60%	12.50%

Tax rate	13.40%	16.50%
Debt/Equity ratio	2.34	2.34
Cost of debt	8.30%	8.60%

After-tax WACC	7.9%	8.8%


Selected WACC	8.3%

SPACE.AT'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 SPACE.AT:

cost_of_equity (11.05%) = risk_free_rate (3.55%) + equity_risk_premium (9.30%) * adjusted_beta (0.72) + 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.