VOX.WA WACC - Weighted Average Cost of Capital

The WACC of Voxel SA (VOX.WA) is 9.7%.

The Cost of Equity of Voxel SA (VOX.WA) is 10.05%.

The Cost of Debt of Voxel SA (VOX.WA) is 6.20%.

	Range	Selected
Cost of equity	8.60% - 11.50%	10.05%
Tax rate	19.70% - 19.80%	19.75%
Cost of debt	6.10% - 6.30%	6.20%
WACC	8.3% - 11.0%	9.7%

WACC

VOX.WA WACC calculation

Category	Low	High

Long-term bond rate	5.5%	6.0%
Equity market risk premium	6.3%	7.3%
Adjusted beta	0.48	0.67

Additional risk adjustments	0.0%	0.5%
Cost of equity	8.60%	11.50%

Tax rate	19.70%	19.80%
Debt/Equity ratio	0.07	0.07
Cost of debt	6.10%	6.30%

After-tax WACC	8.3%	11.0%


Selected WACC	9.7%

VOX.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 VOX.WA:

cost_of_equity (10.05%) = risk_free_rate (5.75%) + equity_risk_premium (6.80%) * adjusted_beta (0.48) + 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.