YAN.WA WACC - Weighted Average Cost of Capital

The WACC of Neptis SA (YAN.WA) is 8.7%.

The Cost of Equity of Neptis SA (YAN.WA) is 12.25%.

The Cost of Debt of Neptis SA (YAN.WA) is 6.10%.

	Range	Selected
Cost of equity	10.60% - 13.90%	12.25%
Tax rate	15.30% - 16.80%	16.05%
Cost of debt	6.10% - 6.10%	6.10%
WACC	7.9% - 9.5%	8.7%

WACC

YAN.WA WACC calculation

Category	Low	High

Long-term bond rate	5.5%	6.0%
Equity market risk premium	6.3%	7.3%
Adjusted beta	0.8	1

Additional risk adjustments	0.0%	0.5%
Cost of equity	10.60%	13.90%

Tax rate	15.30%	16.80%
Debt/Equity ratio	1	1
Cost of debt	6.10%	6.10%

After-tax WACC	7.9%	9.5%


Selected WACC	8.7%

YAN.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 YAN.WA:

cost_of_equity (12.25%) = risk_free_rate (5.75%) + equity_risk_premium (6.80%) * adjusted_beta (0.8) + 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.