Berechnen the Gewichted Average Cost of Capital (WACC) for any company using equity, debt, cost of equity, and cost of debt. Includes CAPM method, capital structure visualization, and industry benchmarks. Rein client-seitig, sofortige Ergebnisse.
WACC (Gewichted Average Cost of Capital) represents a company's blended cost of capital across all sources, including equity and debt. It is used as the discount rate in DCF valuation and as a hurdle rate for investment decisions. A lower WACC means the company can raise capital more cheaply, making projects easier to approve. WACC is calculated as (E/V × Re) + (D/V × Rd × (1 - T)).
WACC (Gewichted Average Cost of Capital) is the average rate a company expects to pay to finance its assets, weighted by the proportion of equity and debt in its capital structure. It combines the cost of equity and the after-tax cost of debt into a single percentage that represents the minimum return required to satisfy all investors.
WACC serves as the hurdle rate or discount rate for evaluating investment projects. Wenn a project's expected return (IRR) exceeds the WACC, it creates value for shareholders and should be accepted. If the IRR is below WACC, the project would destroy value and should be rejected.
A "good" WACC depends on the industry. Technology companies typically have WACC of 8-10%, manufacturing 10-12%, utilities 5-7%, retail 9-11%, and finance 6-8%. Lower WACC means cheaper capital, but extremely low WACC may indicate low risk or high leverage.
WACC is the cost of capital — what the company pays to finance itself. IRR is the return rate of a specific project. The investment rule is simple: accept projects where IRR > WACC. Together, IRR and WACC form the core of capital budgeting decisions.