VOKS.JK WACC - Weighted Average Cost of Capital
The WACC of Voksel Electric Tbk PT (VOKS.JK) is 11.7%.
| Range | Selected | |
| Cost of equity | 12.8% - 17.2% | 15% |
| Tax rate | 15.8% - 26.4% | 21.1% |
| Cost of debt | 4.0% - 18.4% | 11.2% |
| WACC | 8.0% - 15.3% | 11.7% |
| Category | Low | High |
| Long-term bond rate | 6.6% | 7.1% |
| Equity market risk premium | 7.9% | 8.9% |
| Adjusted beta | 0.79 | 1.08 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 12.8% | 17.2% |
| Tax rate | 15.8% | 26.4% |
| Debt/Equity ratio | 1.03 | 1.03 |
| Cost of debt | 4.0% | 18.4% |
| After-tax WACC | 8.0% | 15.3% |
| Selected WACC | 11.7% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| VOKS.JK | Voksel Electric Tbk PT | 1.03 | 0.46 | 0.25 |
| 1729.HK | Time Interconnect Technology Ltd | 0.14 | 0.82 | 0.73 |
| 522281.BO | Ram Ratna Wires Ltd | 0.61 | 1.28 | 0.85 |
| 6643.T | Togami Electric Mfg Co Ltd | 0.05 | 0.59 | 0.57 |
| 6882.T | Sansha Electric Manufacturing Co Ltd | 0.27 | 0.79 | 0.65 |
| IKBI.JK | Sumi Indo Kabel Tbk PT | 0.08 | 0.46 | 0.43 |
| JECC.JK | Jembo Cable Company Tbk PT | 1.35 | 0.57 | 0.27 |
| KBLI.JK | KMI Wire and Cable Tbk PT | 0 | 0.18 | 0.18 |
| PRECWIRE.NS | Precision Wires India Ltd | 0.03 | 1.94 | 1.9 |
| TBMS.JK | Tembaga Mulia Semanan Tbk PT | 0.69 | 0.07 | 0.04 |
| Low | High | |
| Unlevered beta | 0.37 | 0.6 |
| Relevered beta | 0.69 | 1.12 |
| Adjusted relevered beta | 0.79 | 1.08 |
VOKS.JK'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 VOKS.JK:
cost_of_equity (15.00%) = risk_free_rate (6.85%) + equity_risk_premium (8.40%) * adjusted_beta (0.79) + 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.