Black Pearl GroupASX:BPG +3.30%22 WACC % is 10.41% as of Jul. 01, 2026, which is 3% below its 10-year median of 10.78. GuruFocus rates ASX:BPG with a GF Score™ of 22/100 and a GF Value™ of A$1.57 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,911 Software companies, Black Pearl Group ranks worse than 86.22% on this metric.
As of today (2026-07-01), Black Pearl Group's weighted average cost of capital is 10.41%%. Black Pearl Group's ROIC % is -73.02% (calculated using TTM income statement data).
Black Pearl Group 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.
Black Pearl Group (ASX:BPG) 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, Black Pearl Group's weighted average cost of capital is 10.41%%. Black Pearl Group's ROIC % is -73.02% (calculated using TTM income statement data).
Black Pearl Group 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 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.
Related Terms
Black Pearl Group WACC % Historical Data
* Premium members only.
The historical data trend for Black Pearl Group's WACC % can be seen below:
* 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 Software - Application subindustry, Black Pearl 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.
Black Pearl Group WACC % vs Software Industry
For the Software industry and Technology sector, Black Pearl Group's WACC % distribution charts can be found below:
* The bar in red indicates where Black Pearl 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, Black Pearl Group's market capitalization (E) is A$41.298 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 Mar. 2026, Black Pearl Group's latest one-year semi-annual average Book Value of Debt (D) is A$3.8263 Mil.
a) weight of equity = E / (E + D) = 41.298 / (41.298 + 3.8263) = 0.9152
b) weight of debt = D / (E + D) = 3.8263 / (41.298 + 3.8263) = 0.0848
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 4.68%. 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. Black Pearl Group'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 = 4.68% + 1 * 6% = 10.68%
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 Mar. 2026, Black Pearl Group's interest expense (positive number) was A$0.287 Mil. Its total Book Value of Debt (D) is A$3.8263 Mil.
Cost of Debt = 0.287 / 3.8263 = 7.5007%.
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 = 0 / -15.269 = 0%.
Black Pearl Group'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)
=
0.9152
*
10.68%
+
0.0848
*
7.5007%
*
(1 - 0%)
=
10.41%
* 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.
Black Pearl Group (ASX:BPG) has a WACC % of 10.41% as of Jul. 01, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Black Pearl Group and its competitors. This is near median its historical median of 10.78. Over the past decade, Black Pearl Group's WACC % has ranged from 10.62 to 14.97. According to the industry distribution chart, Black Pearl Group ranks #2510 out of 2911 companies in the Software industry, placing it in the top 86.2%.
Is Black Pearl Group's WACC % too high?
Black Pearl Group's current WACC % of 10.41% is near median its 10-year median of 10.78. Over the past 10 years, this metric has ranged from a low of 10.62 to a high of 14.97. The Software industry median WACC % is 8.97. Black Pearl Group's value of 10.41% is 16.1% above this industry median. Based on the distribution chart, Black Pearl Group ranks #2510 out of 2911 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Black Pearl Group has a GF Score™ of 22/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Black Pearl Group's WACC % compare to UBER and SHOP?
According to the Software industry distribution chart, Black Pearl Group ranks #2510 out of 2911 companies for WACC %. This places Black Pearl Group in the lower half of its industry. The industry median WACC % is 8.97. Black Pearl Group's value of 10.41% is 16.1% above this benchmark. Historically, Black Pearl Group's own WACC % has ranged from 10.62 to 14.97 over the past decade. While the company's 10-year median is 10.78 vs. the industry median of 8.97, Black Pearl 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 Software company?
The median WACC % among Software companies is 8.97, based on 2,911 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. Black Pearl Group's current WACC % of 10.41% is 16.1% 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 Black Pearl Group and its competitors. For the Software industry, the median WACC % is 8.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Pearl Group's current WACC % is 10.41%, which is near median its own 10-year median of 10.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Pearl Group stock overvalued right now?
Based on GuruFocus' analysis, Black Pearl Group (ASX:BPG) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.57, compared to a current price of A$0.47 — trading 70.1% below its estimated fair value. The current WACC % is 10.41%, which is near median its 10-year median of 10.78 and 16.1% above the Software industry median of 8.97. Black Pearl Group's overall GF Score™ is 22/100 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 Black Pearl Group (ASX:BPG), the current WACC % is 10.41% as of Jul. 01, 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 Black Pearl Group (ASX:BPG) Overvalued in 2026?
Based on GuruFocus' analysis, Black Pearl Group stock appears to be undervalued.
The current stock price of A$0.47 is trading 70.1% below its estimated GF Value™ of A$1.57.
GuruFocus considers Black Pearl Group to be Possible Value Trap.
Key valuation signals for ASX:BPG:
WACC %: 10.41% (near median its 10-year median of 10.78)
GF Value™: A$1.57 vs. price of A$0.47 (70.1% below fair value)
Industry Position: 16.1% above the Software median (#2510 of 2911)
No single metric tells the full story. See the ASX:BPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Pearl Group Ltd is a data technology company that builds, acquires, and markets data-driven cloud services, consisting of a suite of productivity and demand generation applications for small and medium-sized businesses. The company had two reportable segments based on the company's product subscriptions available during the year: Pearl Diver and Newoldstamp. The company makes the majority of its revenue from subscriptions to Pearl Diver.
22GF Score
Get the complete analysis for ASX:BPG
WACC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:BPG has been successfully added to your 