TVC.VN
Tri Viet Asset Management Corporation JSC
Price:  
11,200.00 
VND
Volume:  
1,401,233.00
Viet Nam | Professional Services
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TVC.VN WACC - Weighted Average Cost of Capital

The WACC of Tri Viet Asset Management Corporation JSC (TVC.VN) is 12.3%.

The Cost of Equity of Tri Viet Asset Management Corporation JSC (TVC.VN) is 12.05%.
The Cost of Debt of Tri Viet Asset Management Corporation JSC (TVC.VN) is 14.95%.

Range Selected
Cost of equity 10.60% - 13.50% 12.05%
Tax rate 4.10% - 8.10% 6.10%
Cost of debt 7.20% - 22.70% 14.95%
WACC 10.1% - 14.4% 12.3%
WACC

TVC.VN WACC calculation

Category Low High
Long-term bond rate 2.7% 3.2%
Equity market risk premium 9.5% 10.5%
Adjusted beta 0.82 0.93
Additional risk adjustments 0.0% 0.5%
Cost of equity 10.60% 13.50%
Tax rate 4.10% 8.10%
Debt/Equity ratio 0.14 0.14
Cost of debt 7.20% 22.70%
After-tax WACC 10.1% 14.4%
Selected WACC 12.3%

TVC.VN'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 TVC.VN:

cost_of_equity (12.05%) = risk_free_rate (2.95%) + equity_risk_premium (10.00%) * adjusted_beta (0.82) + 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.