Al Waha Capital PJSCADX:WAHA -0.53%62 WACC % is 6.91% as of Jul. 04, 2026, which is 48% above its 10-year median of 4.66. GuruFocus rates ADX:WAHA with a GF Score™ of 62/100 and a GF Value™ of د.إ2.51 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,650 Asset Management companies, Al Waha Capital PJSC ranks worse than 60.79% on this metric.
As of today (2026-07-04), Al Waha Capital PJSC's weighted average cost of capital is 6.91%%. Al Waha Capital PJSC's ROIC % is -1.77% (calculated using TTM income statement data).
Al Waha Capital PJSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.
*Note: The beta of this company cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.
For a comprehensive WACC calculation, please access the WACC Calculator.
Al Waha Capital PJSC (ADX:WAHA) WACC % Explanation
Because it costs money to raise capital. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Al Waha Capital PJSC's weighted average cost of capital is 6.91%%. Al Waha Capital PJSC's ROIC % is -1.77% (calculated using TTM income statement data).
Al Waha Capital PJSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.
*Note: The beta of this company cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.
Be Aware
1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.
2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.
3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Al Waha Capital PJSC's WACC %, along with its competitors' market caps and WACC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Al Waha Capital PJSC WACC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Al Waha Capital PJSC's WACC % distribution charts can be found below:
* The bar in red indicates where Al Waha Capital PJSC's WACC % falls into.
The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.
WACC
=
E
/
(E + D)
*
Cost of Equity
+
D
/
(E + D)
*
Cost of Debt
*
(1 - Tax Rate)
1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, Al Waha Capital PJSC's market capitalization (E) is د.إ3509.539 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2026, Al Waha Capital PJSC's latest one-year quarterly average Book Value of Debt (D) is د.إ3361.7178 Mil.
a) weight of equity = E / (E + D) = 3509.539 / (3509.539 + 3361.7178) = 0.5108
b) weight of debt = D / (E + D) = 3361.7178 / (3509.539 + 3361.7178) = 0.4892
2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 4.485%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. Al Waha Capital PJSC's beta cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 4.485% + 1 * 6% = 10.485%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
As of Mar. 2026, Al Waha Capital PJSC's interest expense (positive number) was د.إ106.804 Mil. Its total Book Value of Debt (D) is د.إ3361.7178 Mil.
Cost of Debt = 106.804 / 3361.7178 = 3.1771%.
4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 3.067 / 1179.847 = 0.26%.
Al Waha Capital PJSC's Weighted Average Cost Of Capital (WACC) for Today is calculated as:
WACC
=
E / (E + D)
*
Cost of Equity
+
D / (E + D)
*
Cost of Debt
*
(1 - Tax Rate)
=
0.5108
*
10.485%
+
0.4892
*
3.1771%
*
(1 - 0.26%)
=
6.91%
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Al Waha Capital PJSC (ADX:WAHA) has a WACC % of 6.91% as of Jul. 04, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Al Waha Capital PJSC and its competitors. This is 48% above median its historical median of 4.66. Over the past decade, Al Waha Capital PJSC's WACC % has ranged from 3.95 to 7.36. According to the industry distribution chart, Al Waha Capital PJSC ranks #1003 out of 1650 companies in the Asset Management industry, placing it in the top 60.8%.
Is Al Waha Capital PJSC's WACC % too high?
Al Waha Capital PJSC's current WACC % of 6.91% is 48% above median its 10-year median of 4.66. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 7.36. The Asset Management industry median WACC % is 5.69. Al Waha Capital PJSC's value of 6.91% is 21.4% above this industry median. Based on the distribution chart, Al Waha Capital PJSC ranks #1003 out of 1650 companies in the Asset Management industry, which is below the industry midpoint. Overall, Al Waha Capital PJSC has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Al Waha Capital PJSC's WACC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Al Waha Capital PJSC ranks #1003 out of 1650 companies for WACC %. This places Al Waha Capital PJSC in the lower half of its industry. The industry median WACC % is 5.69. Al Waha Capital PJSC's value of 6.91% is 21.4% above this benchmark. Historically, Al Waha Capital PJSC's own WACC % has ranged from 3.95 to 7.36 over the past decade. While the company's 10-year median is 4.66 vs. the industry median of 5.69, Al Waha Capital PJSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good WACC % for an Asset Management company?
The median WACC % among Asset Management companies is 5.69, based on 1,650 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Al Waha Capital PJSC's current WACC % of 6.91% is 21.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Al Waha Capital PJSC and its competitors. For the Asset Management industry, the median WACC % is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Waha Capital PJSC's current WACC % is 6.91%, which is 48% above median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Waha Capital PJSC stock overvalued right now?
Based on GuruFocus' analysis, Al Waha Capital PJSC (ADX:WAHA) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ2.51, compared to a current price of د.إ1.87 — trading 25.5% below its estimated fair value. The current WACC % is 6.91%, which is 48% above median its 10-year median of 4.66 and 21.4% above the Asset Management industry median of 5.69. Al Waha Capital PJSC's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is WACC % calculated?
WACC % is calculated from a company's financial statements. For Al Waha Capital PJSC (ADX:WAHA), the current WACC % is 6.91% as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Al Waha Capital PJSC (ADX:WAHA) Overvalued in 2026?
Based on GuruFocus' analysis, Al Waha Capital PJSC stock appears to be undervalued.
The current stock price of د.إ1.87 is trading 25.5% below its estimated GF Value™ of د.إ2.51.
GuruFocus considers Al Waha Capital PJSC to be Modestly Undervalued.
Key valuation signals for ADX:WAHA:
WACC %: 6.91% (48% above median its 10-year median of 4.66)
GF Value™: د.إ2.51 vs. price of د.إ1.87 (25.5% below fair value)
Industry Position: 21.4% above the Asset Management median (#1003 of 1650)
No single metric tells the full story. See the ADX:WAHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Al Waha Capital PJSC is engaged in investment management activities carried out directly. The Company's objective is to generate returns from capital appreciation and investment income by investing in a diversified portfolio across public markets, industrial real estate, investments in infrastructure, healthcare, fintech and oil and gas. It has four segments Waha Land, Public Markets, Corporate, and Private Investment. The company generates majority of revenue from Private Investment. The Private Investments segment holds all of the Group's proprietary investments in diversified industries including financial services, infrastructure, oil and gas, fintech and healthcare. Its funds are Waha Emerging Markets Credit Fund, Waha MENA Equity Fund, and Waha Islamic Income Fund.
62GF Score
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