Globe Life Inc
XMUN:TMJ
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
G
|
Globe Life Inc
XMUN:TMJ
|
US |
|
O
|
Olympia Financial Group Inc
TSX:OLY
|
CA |
|
L
|
LY Corp
SWB:YOJ
|
JP |
|
F
|
Fiserv Inc
BMV:FISV
|
US |
|
D
|
Dentsu Group Inc
OTC:DNTUF
|
JP |
|
L
|
Live Ventures Inc
SWB:UYXP
|
US |
|
H
|
H & R Block Inc
DUS:HRB
|
US |
|
K
|
Konami Group Corp
SWB:KOA
|
JP |
|
Nel ASA
OSE:NEL
|
NO |
|
H
|
Halliburton Co
XETRA:HAL
|
US |
|
V
|
Vulcan Materials Co
SWB:VMC
|
US |
|
Valiant Holding AG
F:VAT
|
CH |
|
B
|
Beazer Homes USA Inc
F:BE4A
|
US |
|
C
|
Cadence Design Systems Inc
SWB:CDS
|
US |
|
Northisle Copper and Gold Inc
XTSX:NCX
|
CA |
|
Nine Dragons Paper (Holdings) Ltd
OTC:NDGPF
|
HK |
|
Unilever Indonesia Tbk PT
F:UTG
|
ID |
|
Yara International ASA
OTC:YRAIF
|
NO |
|
C
|
China Overseas Land & Investment Ltd
SWB:CPP
|
HK |
|
T
|
Tenet Healthcare Corp
F:THC1
|
US |
|
APG SGA SA
SIX:APGN
|
CH |
Discount Rate
TMJ Cost of Equity
Discount Rate
TMJ's Cost of Equity, calculated using the formula Risk-Free Rate + Beta x ERP, stands at 7.6%. The Beta, indicating the stock's volatility relative to the market, is 0.76, while the current Risk-Free Rate, based on government bond yields, is 4.42%, and the ERP, measuring the extra return over the risk-free rate required by investors, is 4.18%.
What is TMJ's discount rate?
TMJ's current Cost of Equity is 7.6%.
In the valuation of banks and insurance companies, only the cost of equity is used due to their unique capital structures and regulatory environments.
These institutions heavily rely on debt, regulated more stringently than other industries, making the Weighted Average Cost of Capital (WACC) less applicable and accurate for them. The cost of equity offers a more direct measure of the risk and return expectations relevant to these specific sectors.
How is Cost of Equity for TMJ 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
TMJ
