NMTP.ME WACC - Weighted Average Cost of Capital

The WACC of Novorossiyskiy Morskoy Torgovyi Port PAO (NMTP.ME) is 37.0%.

The Cost of Equity of Novorossiyskiy Morskoy Torgovyi Port PAO (NMTP.ME) is 82.60%.

The Cost of Debt of Novorossiyskiy Morskoy Torgovyi Port PAO (NMTP.ME) is 41.30%.

	Range	Selected
Cost of equity	68.60% - 96.60%	82.60%
Tax rate	17.80% - 22.20%	20.00%
Cost of debt	16.40% - 66.20%	41.30%
WACC	18.4% - 55.5%	37.0%

WACC

NMTP.ME WACC calculation

Category	Low	High

Long-term bond rate	15.8%	16.3%
Equity market risk premium	11.7%	12.7%
Adjusted beta	4.52	6.3

Additional risk adjustments	0.0%	0.5%
Cost of equity	68.60%	96.60%

Tax rate	17.80%	22.20%
Debt/Equity ratio	10.18	10.18
Cost of debt	16.40%	66.20%

After-tax WACC	18.4%	55.5%


Selected WACC	37.0%

NMTP.ME'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 NMTP.ME:

cost_of_equity (82.60%) = risk_free_rate (16.05%) + equity_risk_premium (12.20%) * adjusted_beta (4.52) + 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.