First Mining Gold Corp
F:FMG
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
F
|
First Mining Gold Corp
F:FMG
|
CA |
|
Brightspring Health Services Inc
NASDAQ:BTSG
|
US |
|
Banco Latinoamericano de Comercio Exterior SA
NYSE:BLX
|
PA |
|
I
|
ITE Tech Inc
TWSE:3014
|
TW |
|
G
|
Grand Canyon Education Inc
SWB:GKD
|
US |
|
B
|
Banco Santander Brasil SA
BOVESPA:SANB3
|
BR |
|
Publicis Groupe SA
F:PU41
|
FR |
|
3i Group PLC
LSE:III
|
UK |
|
I
|
Imexpharm Corp
VN:IMP
|
VN |
|
R
|
Recordati Industria Chimica e Farmaceutica SpA
F:RER1
|
IT |
|
S
|
Shinko Shoji Co Ltd
TSE:8141
|
JP |
|
I
|
iCatch Technology Inc
TWSE:6695
|
TW |
|
Capcom Co Ltd
F:CPK
|
JP |
|
Desert Control AS
F:8KT
|
NO |
|
J
|
JRsis Health Care Corp
OTC:JRSS
|
CN |
|
I
|
Idorsia Ltd
SWB:19T
|
CH |
|
N
|
Nordic American Tanker Ltd
LSE:0UC0
|
BM |
|
C
|
Cleanaway Waste Management Ltd
SWB:TG9
|
AU |
|
W
|
Whitbread PLC
OTC:WTBDY
|
UK |
|
M
|
Mettler-toledo International Inc
SWB:MTO
|
US |
|
Powszechny Zaklad Ubezpieczen SA
F:7PZ0
|
PL |
|
M
|
Mobilicom Ltd
NASDAQ:MOB
|
AU |
|
W
|
Waste Management Inc
F:UWS
|
US |
|
Euro Manganese Inc
XTSX:EMN
|
CA |
Discount Rate
FMG Cost of Equity
Discount Rate
FMG's Cost of Equity, calculated using the formula Risk-Free Rate + Beta x ERP, stands at 8.77%. The Beta, indicating the stock's volatility relative to the market, is 1.11, while the current Risk-Free Rate, based on government bond yields, is 4%, and the ERP, measuring the extra return over the risk-free rate required by investors, is 4.3%.
FMG WACC
Discount Rate
FMG's Weighted Average Cost of Capital (WACC) is calculated as the weighted average of its cost of equity and cost of debt, adjusted for tax. The WACC stands at 8.77%. This includes the cost of equity at 8.77%, calculated as Risk-Free Rate + Beta x ERP, and the cost of debt at 10.14%, reflecting the interest rate on FMG's debt adjusted for tax benefits. The weight of debt in the capital structure is 0%.
What is FMG's discount rate?
FMG's current Cost of Equity is 8.77%, while its WACC stands at 8.77%. The selection of the appropriate discount rate is contingent on the type of cash flows being discounted.
For Equity Valuation: When valuing equity, especially in scenarios where you are discounting cash flows to equity holders (such as Net Income, Earnings Per Share (EPS), or Free Cash Flow to Equity), the Cost of Equity should be used.
For Firm Valuation: In contrast, when valuing the entire firm and discounting cash flows available to both debt and equity holders (like Free Cash Flow to the Firm), the Weighted Average Cost of Capital (WACC) is the appropriate rate.
How is Cost of Equity for FMG calculated?
The Cost of Equity represents the return a company must offer investors to compensate for the risk of investing in its stock. It's calculated using the Capital Asset Pricing Model (CAPM), which combines the risk-free rate, the stock's beta, and the equity risk premium (ERP).
This model considers the inherent risk of investing in the stock compared to a risk-free investment and the market's overall risk.
Here is how we calculate the cost of equity for
FMG
How is WACC for FMG calculated?
WACC, or Weighted Average Cost of Capital, is a calculation that reflects the average rate of return a company is expected to pay its security holders to finance its assets. It is a critical measure in financial analysis for valuing a company’s entire operations.
The WACC formula combines the costs of equity and debt, weighted by their respective proportions in the company's capital structure.
Here is how we calculate WACC for
FMG