YDOA.MC WACC - Weighted Average Cost of Capital
The WACC of Inversiones Doalca SOCIMI SA (YDOA.MC) is 7.2%.
| Range | Selected | |
| Cost of equity | 6.2% - 8.5% | 7.35% |
| Tax rate | 2.8% - 4.6% | 3.7% |
| Cost of debt | 4.0% - 4.5% | 4.25% |
| WACC | 6.1% - 8.3% | 7.2% |
| Category | Low | High |
| Long-term bond rate | 3.1% | 3.6% |
| Equity market risk premium | 7.4% | 8.4% |
| Adjusted beta | 0.42 | 0.52 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.2% | 8.5% |
| Tax rate | 2.8% | 4.6% |
| Debt/Equity ratio | 0.03 | 0.03 |
| Cost of debt | 4.0% | 4.5% |
| After-tax WACC | 6.1% | 8.3% |
| Selected WACC | 7.2% | |
| Debt/Equity | Unlevered | |||
| Peers | Company Name | ratio | Beta | beta |
| YDOA.MC | Inversiones Doalca SOCIMI SA | 0.03 | 0 | 0 |
| ACAN.PA | Acanthe Developpement SE | 0.02 | 0.15 | 0.15 |
| ARM.MC | Arima Real Estate SOCIMI SA | 0.5 | 0.78 | 0.52 |
| BRIQ.AT | BriQ Properties REIC | 1.1 | 0.21 | 0.1 |
| CRES.MI | COIMA RES SpA SIIQ | 0.84 | 0.74 | 0.41 |
| FPN.PA | Fonciere Paris Nord SA | 0.19 | 0.21 | 0.18 |
| MCKS.L | McKay Securities PLC | 0.56 | 0.8 | 0.52 |
| VKGYO.IS | Vakif Gayrimenkul Yatirim Ortakligi AS | 0.23 | 1.14 | 0.93 |
| YLFG.MC | La Finca Global Assets Socimi SA | 2.6 | -0.04 | -0.01 |
| YMRE.MC | Meridia Real Estate III Socimi SA | 0.95 | 0.02 | 0.01 |
| Low | High | |
| Unlevered beta | 0.13 | 0.27 |
| Relevered beta | 0.13 | 0.28 |
| Adjusted relevered beta | 0.42 | 0.52 |
YDOA.MC'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 YDOA.MC:
cost_of_equity (7.35%) = risk_free_rate (3.35%) + equity_risk_premium (7.90%) * adjusted_beta (0.42) + 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.