The WACC of Tonix Pharmaceuticals Holding Corp (TNXP) is 6.9%.
| Range | Selected | |
| Cost of equity | 5.90% - 8.80% | 7.35% |
| Tax rate | 26.20% - 27.00% | 26.60% |
| Cost of debt | 7.00% - 7.00% | 7.00% |
| WACC | 5.8% - 8.0% | 6.9% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.45 | 0.7 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.90% | 8.80% |
| Tax rate | 26.20% | 27.00% |
| Debt/Equity ratio | 0.26 | 0.26 |
| Cost of debt | 7.00% | 7.00% |
| After-tax WACC | 5.8% | 8.0% |
| Selected WACC | 6.9% | |