TLY.L WACC - Weighted Average Cost of Capital
The WACC of Totally PLC (TLY.L) is 6.2%.
| Range | Selected | |
| Cost of equity | 6.5% - 9.3% | 7.9% |
| Tax rate | 15.8% - 17.7% | 16.75% |
| Cost of debt | 5.6% - 7.0% | 6.3% |
| WACC | 5.4% - 7.1% | 6.2% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.41 | 0.62 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.5% | 9.3% |
| Tax rate | 15.8% | 17.7% |
| Debt/Equity ratio | 1.74 | 1.74 |
| Cost of debt | 5.6% | 7.0% |
| After-tax WACC | 5.4% | 7.1% |
| Selected WACC | 6.2% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| TLY.L | Totally PLC | 1.74 | -1.8 | -0.74 |
| BKM.WA | Polski Bank Komorek Macierzystych SA | 0.15 | 0.24 | 0.22 |
| DEDI.ST | Dedicare AB (publ) | 0.09 | 0.05 | 0.05 |
| EMC.WA | EMC Instytut Medyczny SA | 0.17 | -0.14 | -0.13 |
| ENE.WA | Centrum Medyczne Enel Med SA | 0.37 | -0.06 | -0.04 |
| EUK.MI | EuKedos SpA | 6 | 0.3 | 0.05 |
| FEEL.ST | Feelgood Svenska AB (publ) | 0.29 | 0.95 | 0.76 |
| M12.DE | M1 Kliniken AG | 0.06 | 0.16 | 0.15 |
| MGP.L | Medica Group PLC | 0.04 | 0.55 | 0.54 |
| VOX.WA | Voxel SA | 0.07 | 0.48 | 0.45 |
| Low | High | |
| Unlevered beta | 0.05 | 0.18 |
| Relevered beta | 0.12 | 0.43 |
| Adjusted relevered beta | 0.41 | 0.62 |
TLY.L'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 TLY.L:
cost_of_equity (7.90%) = risk_free_rate (4.25%) + equity_risk_premium (6.50%) * adjusted_beta (0.41) + 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.