The WACC of TP ICAP Group PLC (TCAP.L) is 7.4%.
| Range | Selected | |
| Cost of equity | 7.60% - 11.10% | 9.35% |
| Tax rate | 39.90% - 42.20% | 41.05% |
| Cost of debt | 5.70% - 6.50% | 6.10% |
| WACC | 6.2% - 8.6% | 7.4% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.61 | 0.88 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.60% | 11.10% |
| Tax rate | 39.90% | 42.20% |
| Debt/Equity ratio | 0.53 | 0.53 |
| Cost of debt | 5.70% | 6.50% |
| After-tax WACC | 6.2% | 8.6% |
| Selected WACC | 7.4% | |