VBX.DE WACC - Weighted Average Cost of Capital
The WACC of Voltabox AG (VBX.DE) is 6.0%.
| Range | Selected | |
| Cost of equity | 5.1% - 6.8% | 5.95% |
| Tax rate | 1.1% - 4.5% | 2.8% |
| Cost of debt | 7.0% - 13.0% | 10% |
| WACC | 5.1% - 6.8% | 6.0% |
| Category | Low | High |
| Long-term bond rate | 2.8% | 3.3% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.36 | 0.4 |
| Additional risk adjustments | 0.5% | 1.0% |
| Cost of equity | 5.1% | 6.8% |
| Tax rate | 1.1% | 4.5% |
| Debt/Equity ratio | 0.01 | 0.01 |
| Cost of debt | 7.0% | 13.0% |
| After-tax WACC | 5.1% | 6.8% |
| Selected WACC | 6.0% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| VBX.DE | Voltabox AG | 0.01 | 1.29 | 1.29 |
| APE.WA | APS Energia SA | 0.22 | 0.09 | 0.07 |
| DWHT.L | Dewhurst PLC | 0.05 | -0.02 | -0.02 |
| ELT.WA | Elektrotim SA | 0.02 | 1.03 | 1 |
| ENEDO.HE | Enedo Oyj | 0.66 | 0.22 | 0.13 |
| ENT.MI | Enertronica Santerno SpA | 5.94 | 0 | 0 |
| LECN.SW | Leclanche SA | 0.41 | -1.84 | -1.31 |
| LPA.L | LPA Group PLC | 0.43 | -0.68 | -0.48 |
| LUG.WA | Lug SA | 1.9 | 0.27 | 0.1 |
| SAVOS.ST | Savosolar Oyj | 0.34 | 0.95 | 0.71 |
| Low | High | |
| Unlevered beta | 0.04 | 0.11 |
| Relevered beta | 0.04 | 0.1 |
| Adjusted relevered beta | 0.36 | 0.4 |
VBX.DE'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 VBX.DE:
cost_of_equity (5.95%) = risk_free_rate (3.05%) + equity_risk_premium (5.60%) * adjusted_beta (0.36) + risk_adjustments (0.75%)
We include the risk adjustments, which range from 0% to 1%, to keep our WACC conservatives, especially for companies traded in developing markets.