TIGBUR.TA WACC - Weighted Average Cost of Capital

The WACC of Tigbur Temporary Professional Personnel Ltd (TIGBUR.TA) is 7.7%.

The Cost of Equity of Tigbur Temporary Professional Personnel Ltd (TIGBUR.TA) is 8.30%.

The Cost of Debt of Tigbur Temporary Professional Personnel Ltd (TIGBUR.TA) is 4.75%.

	Range	Selected
Cost of equity	7.30% - 9.30%	8.30%
Tax rate	22.70% - 25.40%	24.05%
Cost of debt	4.00% - 5.50%	4.75%
WACC	6.7% - 8.6%	7.7%

WACC

TIGBUR.TA WACC calculation

Category	Low	High

Long-term bond rate	4.8%	5.3%
Equity market risk premium	6.1%	7.1%
Adjusted beta	0.4	0.49

Additional risk adjustments	0.0%	0.5%
Cost of equity	7.30%	9.30%

Tax rate	22.70%	25.40%
Debt/Equity ratio	0.16	0.16
Cost of debt	4.00%	5.50%

After-tax WACC	6.7%	8.6%


Selected WACC	7.7%

TIGBUR.TA'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 TIGBUR.TA:

cost_of_equity (8.30%) = risk_free_rate (5.05%) + equity_risk_premium (6.60%) * adjusted_beta (0.4) + 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.