BetMakers Technology GroupASX:BET +3.23%57 WACC % is 12.52% as of Jun. 28, 2026, which is 6% below its 10-year median of 13.37. GuruFocus rates ASX:BET with a GF Score™ of 57/100 and a GF Value™ of A$0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 871 Travel & Leisure companies, BetMakers Technology Group ranks worse than 88.06% on this metric.
As of today (2026-06-28), BetMakers Technology Group's weighted average cost of capital is 12.52%%. BetMakers Technology Group's ROIC % is -8.11% (calculated using TTM income statement data).
BetMakers Technology Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
For a comprehensive WACC calculation, please access the WACC Calculator.
BetMakers Technology Group (ASX:BET) 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, BetMakers Technology Group's weighted average cost of capital is 12.52%%. BetMakers Technology Group's ROIC % is -8.11% (calculated using TTM income statement data).
BetMakers Technology Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year semi-annual 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 semi-annual 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 Gambling subindustry, BetMakers Technology Group'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.
BetMakers Technology Group WACC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, BetMakers Technology Group's WACC % distribution charts can be found below:
* The bar in red indicates where BetMakers Technology Group'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, BetMakers Technology Group's market capitalization (E) is A$179.245 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 semi-annual average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Dec. 2025, BetMakers Technology Group's latest one-year semi-annual average Book Value of Debt (D) is A$3.251 Mil.
a) weight of equity = E / (E + D) = 179.245 / (179.245 + 3.251) = 0.9822
b) weight of debt = D / (E + D) = 3.251 / (179.245 + 3.251) = 0.0178
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 4.99%. 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. BetMakers Technology Group's beta is 1.2523.
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 = 4.99% + 1.2523 * 6% = 12.5038%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year semi-annual average debt to get the simplified cost of debt.
As of Dec. 2025, BetMakers Technology Group's interest expense (positive number) was A$0.433 Mil. Its total Book Value of Debt (D) is A$3.251 Mil.
Cost of Debt = 0.433 / 3.251 = 13.319%.
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 = 2.891 / -9.826 = -29.42%, which is less than 0%. Therefore it's set to 0%.
* 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.
BetMakers Technology Group (ASX:BET) has a WACC % of 12.52% as of Jun. 28, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on BetMakers Technology Group and its competitors. This is near median its historical median of 13.37. According to the industry distribution chart, BetMakers Technology Group ranks #767 out of 871 companies in the Travel & Leisure industry, placing it in the top 88.1%.
Is BetMakers Technology Group's WACC % too high?
BetMakers Technology Group's current WACC % of 12.52% is near median its 10-year median of 13.37. The Travel & Leisure industry median WACC % is 7.69. BetMakers Technology Group's value of 12.52% is 62.8% above this industry median. Based on the distribution chart, BetMakers Technology Group ranks #767 out of 871 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, BetMakers Technology Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BetMakers Technology Group's WACC % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, BetMakers Technology Group ranks #767 out of 871 companies for WACC %. This places BetMakers Technology Group in the lower half of its industry. The industry median WACC % is 7.69. BetMakers Technology Group's value of 12.52% is 62.8% above this benchmark. While the company's 10-year median is 13.37 vs. the industry median of 7.69, BetMakers Technology Group 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 a Travel & Leisure company?
The median WACC % among Travel & Leisure companies is 7.69, based on 871 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. BetMakers Technology Group's current WACC % of 12.52% is 62.8% 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 BetMakers Technology Group and its competitors. For the Travel & Leisure industry, the median WACC % is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BetMakers Technology Group's current WACC % is 12.52%, which is near median its own 10-year median of 13.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BetMakers Technology Group stock overvalued right now?
Based on GuruFocus' analysis, BetMakers Technology Group (ASX:BET) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.10, compared to a current price of A$0.16 — trading 60% above its estimated fair value. The current WACC % is 12.52%, which is near median its 10-year median of 13.37 and 62.8% above the Travel & Leisure industry median of 7.69. BetMakers Technology Group's overall GF Score™ is 57/100 with 5 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 BetMakers Technology Group (ASX:BET), the current WACC % is 12.52% as of Jun. 28, 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 BetMakers Technology Group (ASX:BET) Overvalued in 2026?
Based on GuruFocus' analysis, BetMakers Technology Group stock appears to be overvalued.
The current stock price of A$0.16 is trading 60% above its estimated GF Value™ of A$0.10.
GuruFocus considers BetMakers Technology Group to be Significantly Overvalued.
Key valuation signals for ASX:BET:
WACC %: 12.52% (near median its 10-year median of 13.37)
GF Value™: A$0.10 vs. price of A$0.16 (60% above fair value)
Industry Position: 62.8% above the Travel & Leisure median (#767 of 871)
No single metric tells the full story. See the ASX:BET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BetMakers Technology Group Ltd engages in the development and provision of software, data, and analytic products for the B2B wagering market and the production and distribution of racing content. The firm operates in two segments: Global betting services and Global Tote. The Global betting services segment provides customers with a variety of racing software, data, and analytical tools. This includes basic race data such as pricing, runners, and form, as well as analytical tools to consume and leverage the data, and wagering tools such as platforms and managed trading services. The Global Tote segment, which derives maximum revenue, includes the provision of tote software and integrations to facilitate tote liquidity and resulting.
57GF Score
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