SYZ.DE WACC - Weighted Average Cost of Capital
The WACC of Syzygy AG (SYZ.DE) is 4.9%.
| Range | Selected | |
| Cost of equity | 5.5% - 7.2% | 6.35% |
| Tax rate | 28.5% - 33.9% | 31.2% |
| Cost of debt | 4.0% - 4.5% | 4.25% |
| WACC | 4.4% - 5.4% | 4.9% |
| Category | Low | High |
| Long-term bond rate | 2.8% | 3.3% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.53 | 0.56 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.5% | 7.2% |
| Tax rate | 28.5% | 33.9% |
| Debt/Equity ratio | 0.75 | 0.75 |
| Cost of debt | 4.0% | 4.5% |
| After-tax WACC | 4.4% | 5.4% |
| Selected WACC | 4.9% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| SYZ.DE | Syzygy AG | 0.75 | 0.28 | 0.19 |
| ALMIL.PA | 1000mercis SA | 0.62 | 0.3 | 0.21 |
| ALPRI.PA | Prismaflex International SA | 1.6 | 0.46 | 0.22 |
| APM.DE | Ad Pepper Media International NV | 0.02 | 0.38 | 0.38 |
| AWRD.ST | Awardit AB (publ) | 0.18 | 0.18 | 0.16 |
| EBQ.L | Ebiquity PLC | 0.81 | -0.01 | -0.01 |
| EDI.PA | Media 6 SA | 0.52 | -0.2 | -0.14 |
| NAH.L | NAHL Group PLC | 0.36 | 0.94 | 0.76 |
| SGC.MI | SG Company SpA | 1.08 | 0.42 | 0.24 |
| TB.MI | Triboo SpA | 2.2 | 1.15 | 0.46 |
| Low | High | |
| Unlevered beta | 0.2 | 0.23 |
| Relevered beta | 0.3 | 0.34 |
| Adjusted relevered beta | 0.53 | 0.56 |
SYZ.DE'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 SYZ.DE:
cost_of_equity (6.35%) = risk_free_rate (3.05%) + equity_risk_premium (5.60%) * adjusted_beta (0.53) + 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.