The WACC of Steppe Cement Ltd (STCM.L) is 9.5%.
| Range | Selected | |
| Cost of equity | 8.40% - 11.40% | 9.90% |
| Tax rate | 17.00% - 18.70% | 17.85% |
| Cost of debt | 5.20% - 11.10% | 8.15% |
| WACC | 7.9% - 11.1% | 9.5% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.74 | 0.92 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.40% | 11.40% |
| Tax rate | 17.00% | 18.70% |
| Debt/Equity ratio | 0.15 | 0.15 |
| Cost of debt | 5.20% | 11.10% |
| After-tax WACC | 7.9% | 11.1% |
| Selected WACC | 9.5% | |