Hapaco Group JSC
VN:HAP
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
H
|
Hapaco Group JSC
VN:HAP
|
VN |
|
A
|
Aether Industries Ltd
BSE:543534
|
IN |
|
Relo Group Inc
F:665
|
JP |
|
A
|
Asdion Bhd
KLSE:ASDION
|
MY |
|
T
|
Tinley Beverage Company Inc
CNSX:TNY
|
CA |
|
S
|
SDI Group PLC
LSE:SDI
|
UK |
|
B
|
BTS Group Holdings PCL
SET:BTS
|
TH |
|
S
|
SM Life Design Group Co Ltd
KOSDAQ:063440
|
KR |
|
I
|
India Infraspace Ltd
BSE:531343
|
IN |
|
Strongpoint ASA
OSE:STRO
|
NO |
|
Baylin Technologies Inc
TSX:BYL
|
CA |
|
T
|
Thai Sugar Terminal PCL
SET:TSTE
|
TH |
|
S
|
S Pack & Print PCL
SET:SPACK
|
TH |
|
C
|
China Everbright Ltd
HKEX:165
|
HK |
|
Claranova SE
PAR:CLA
|
FR |
|
Caica Digital Inc
TSE:2315
|
JP |
|
Pescanova SA
MAD:PVA
|
ES |
|
Future Science Holdings Inc
OTC:FUTS
|
US |
|
HBL Engineering Ltd
NSE:HBLENGINE
|
IN |
|
Virgin Money UK PLC
LSE:VMUK
|
UK |
|
N
|
Nov Inc
DUS:NO8
|
US |
|
D
|
Danang Rubber JSC
VN:DRC
|
VN |
|
G
|
Goldman Sachs Group Inc
BMV:GS
|
US |
|
Indoor and Outdoor Communication Holding SA
PAR:MLIOC
|
BE |
Discount Rate
HAP Cost of Equity
Discount Rate
HAP's Cost of Equity, calculated using the formula Risk-Free Rate + Beta x ERP, stands at 8.13%. The Beta, indicating the stock's volatility relative to the market, is 0.83, while the current Risk-Free Rate, based on government bond yields, is 4.56%, and the ERP, measuring the extra return over the risk-free rate required by investors, is 4.3%.
HAP WACC
Discount Rate
HAP'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 7.87%. This includes the cost of equity at 8.13%, calculated as Risk-Free Rate + Beta x ERP, and the cost of debt at 5.47%, reflecting the interest rate on HAP's debt adjusted for tax benefits. The weight of debt in the capital structure is 9.85%.
What is HAP's discount rate?
HAP's current Cost of Equity is 8.13%, while its WACC stands at 7.87%. 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 HAP 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 HAP
How is WACC for HAP 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 HAP
