WACC: Definition, misconceptions and errors [PDF]
The WACC is just the rate at which the Free Cash Flows must be discounted to obtain the same result as in the valuation using Equity Cash Flows discounted at the required return to equity (Ke) The WACC is neither a cost nor a required return: it is a ...
Fernandez, Pablo
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Cost of Capital Estimation for Highway Concessionaires in Chile
Journal of Advanced Transportation, 2018 In this paper, we present the cost of capital estimation for highway concessionaires in Chile. We estimated the cost of equity and the cost of debt and determined the capital structure for each one of twenty-four concessionaires that operate highways. We
Cristian Vergara-Novoa +3 more
doaj +1 more source
Platform Optimization and Cost Analysis in a Floating Offshore Wind Farm
Journal of Marine Science and Engineering, 2020 Floating offshore wind represents a new frontier of renewable energies. The absence of a fixed structure allows exploiting wind potential in deep seas, like the Atlantic Ocean and Mediterranean Sea, characterized by high availability and wind potential ...
Alberto Ghigo +4 more
doaj +1 more source
UK Business Investment: Long-Run Elasticities and Short-Run Dynamics [PDF]
From neoclassical theory output, capital stock and the user cost are cointegrated; capital and investment also (multi)cointegrate through the capital accumulation identity.
Ellis, Colin, Simon Price
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Valuing companies by cash flow discounting: Ten methods and nine theories [PDF]
This paper is a summarized compendium of all the methods and theories on company valuation using cash flow discounting. The paper shows the ten most commonly used methods for valuing companies by cash flow discounting: 1) free cash flow discounted at the
Fernández , Pablo
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New Models for Analyzing Changes in Company Value Based on Stochastic Discount Rates
Финансы: теория и практика, 2019 We propose new models for analyzing changes in the value of the company using stochastic discount rates. It is shown that for the majority of the companies under study, local changes in the rate of the company value growth (percentage changes to the ...
P. E. Zhukov
doaj +1 more source
Aggregated calculation of the weighted average cost of capital of companies
A key indicator of the efficiency of the production sector of the enterprise in competitive commodity and financial markets is the weighted average cost of capital involved in the financing of production and non-production costs.
A. J. Kukharenko +2 more
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A general formula for the WACC: A correction [PDF]
This paper corrects some of the equations of Farber, Gillet and Szafarz (2006). The WACC is a discount rate widely used in corporate finance. However, correctly calculating the WACC involves properly calculating the value of tax shields, and the value of
Fernandez, Pablo
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There exists circularity between WACC and value? Another solution
Estudios Gerenciales, 2006 Although we know there exists a simple approach to solve the circularity between value and the discount rate, known as the Adjusted Present Value proposed by Myers, 1974, it seems that practitioners still rely on the traditional Weighted Average Cost of ...
Ignacio Vélez-Pareja +1 more
doaj
ANALISIS PENGARUH BIAYA MODAL MENGGUNAKAN METODE WACC (WEIGHTED AVERAGE COST OF CAPITAL) TERHADAP ROA (RETURN ON ASSET), SERTA STRATEGI PENINGKATANNYA PADA BLUE BIRD GROUP PERIODE 2013-2017 [PDF]
, 2019 Saat ini bisnis taksi konvensional mulai memasuki fase penurunan dari segi keuntungan terhitung sejak tahun 2014 -2017, tidak terkecuali PT. XYZ yang merupakan salah satu perusaahan taksi terbesar di Indonesia.
DEAN SESHAR RAHMADINA
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