TINO WACC - Weighted Average Cost of Capital
The WACC of Tamino Minerals Inc (TINO) is 3.7%.
| Range | Selected | |
| Cost of equity | 9.0% - 66.1% | 37.55% |
| Tax rate | 26.2% - 27.0% | 26.6% |
| Cost of debt | 5.0% - 5.0% | 5% |
| WACC | 3.7% - 3.7% | 3.7% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.11 | 10.93 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.0% | 66.1% |
| Tax rate | 26.2% | 27.0% |
| Debt/Equity ratio | 910.16 | 910.16 |
| Cost of debt | 5.0% | 5.0% |
| After-tax WACC | 3.7% | 3.7% |
| Selected WACC | 3.7% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| TINO | Tamino Minerals Inc | 922.03 | -0.46 | 0 |
| AB.H.V | Asbestos Corp Ltd | 10.99 | 0.26 | 0.03 |
| CCHI | Cambridge Capital Holdings Inc | 0.71 | 0.09 | 0.06 |
| MRO.V | Millrock Resources Inc | 0.07 | 0.01 | 0.01 |
| NI.CN | Victory Nickel Inc | 11.34 | 1.17 | 0.13 |
| PKB.CN | PeakBirch Logic Inc | 5.29 | -0.13 | -0.03 |
| RICH.CN | Raffles Financial Group Ltd | 0 | -0.38 | -0.38 |
| RZZ.V | Abitibi Royalties Inc | 0 | 0.77 | 0.77 |
| SNS.V | Select Sands Corp | 38.47 | 1.64 | 0.06 |
| Low | High | |
| Unlevered beta | 0.01 | 0.05 |
| Relevered beta | 1.16 | 15.82 |
| Adjusted relevered beta | 1.11 | 10.93 |
TINO'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 TINO:
cost_of_equity (37.55%) = risk_free_rate (4.15%) + equity_risk_premium (5.10%) * adjusted_beta (1.11) + 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.