VIN.WA WACC - Weighted Average Cost of Capital

The WACC of Gielda Praw Majatkowych Vindexus SA (VIN.WA) is 9.5%.

The Cost of Equity of Gielda Praw Majatkowych Vindexus SA (VIN.WA) is 10.90%.

The Cost of Debt of Gielda Praw Majatkowych Vindexus SA (VIN.WA) is 7.95%.

	Range	Selected
Cost of equity	8.50% - 13.30%	10.90%
Tax rate	14.50% - 29.70%	22.10%
Cost of debt	7.70% - 8.20%	7.95%
WACC	7.9% - 11.1%	9.5%

WACC

VIN.WA WACC calculation

Category	Low	High

Long-term bond rate	5.5%	6.0%
Equity market risk premium	6.3%	7.3%
Adjusted beta	0.47	0.93

Additional risk adjustments	0.0%	0.5%
Cost of equity	8.50%	13.30%

Tax rate	14.50%	29.70%
Debt/Equity ratio	0.4	0.4
Cost of debt	7.70%	8.20%

After-tax WACC	7.9%	11.1%


Selected WACC	9.5%

VIN.WA'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 VIN.WA:

cost_of_equity (10.90%) = risk_free_rate (5.75%) + equity_risk_premium (6.80%) * adjusted_beta (0.47) + 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.