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Veer Energy & InfrastructureBOM:503657 -0.89%49 WACC % is 12.02% as of Jul. 19, 2026, which is 0% below its 10-year median of 12.06. GuruFocus rates BOM:503657 with a GF Score™ of 49/100 and a GF Value™ of ₹8.74 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 479 Utilities - Independent Power Producers companies, Veer Energy & Infrastructure ranks worse than 86.85% on this metric.
As of today (2026-07-19), Veer Energy & Infrastructure's weighted average cost of capital is 12.02%%. Veer Energy & Infrastructure's ROIC % is -3.73% (calculated using TTM income statement data).
Veer Energy & Infrastructure 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.
Veer Energy & Infrastructure (BOM:503657) 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, Veer Energy & Infrastructure's weighted average cost of capital is 12.02%%. Veer Energy & Infrastructure's ROIC % is -3.73% (calculated using TTM income statement data).
Veer Energy & Infrastructure 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 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.
Related Terms
Veer Energy & Infrastructure WACC % Historical Data
* 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.
Veer Energy & Infrastructure WACC % Competitor Comparison
For the Utilities - Renewable subindustry, Veer Energy & Infrastructure'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.
Veer Energy & Infrastructure WACC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Veer Energy & Infrastructure's WACC % distribution charts can be found below:
* The bar in red indicates where Veer Energy & Infrastructure'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, Veer Energy & Infrastructure's market capitalization (E) is ₹182.847 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, Veer Energy & Infrastructure's latest one-year quarterly average Book Value of Debt (D) is ₹0 Mil.
a) weight of equity = E / (E + D) = 182.847 / (182.847 + 0) = 1
b) weight of debt = D / (E + D) = 0 / (182.847 + 0) = 0
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 7.02%. 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. Veer Energy & Infrastructure's beta is 0.8325.
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 = 7.02% + 0.8325 * 6% = 12.015%
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, Veer Energy & Infrastructure's interest expense (positive number) was ₹0.006 Mil. Its total Book Value of Debt (D) is ₹0 Mil.
Cost of Debt = 0.006 / 0 = %.
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 = 0.57 / 2.524 = 22.58%.
* 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.
Veer Energy & Infrastructure (BOM:503657) has a WACC % of 12.02% as of Jul. 19, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Veer Energy & Infrastructure and its competitors. This is near median its historical median of 12.06. Over the past decade, Veer Energy & Infrastructure's WACC % has ranged from 6.44 to 15.61. According to the industry distribution chart, Veer Energy & Infrastructure ranks #416 out of 479 companies in the Utilities - Independent Power Producers industry, placing it in the top 86.8%.
Is Veer Energy & Infrastructure's WACC % too high?
Veer Energy & Infrastructure's current WACC % of 12.02% is near median its 10-year median of 12.06. Over the past 10 years, this metric has ranged from a low of 6.44 to a high of 15.61. The Utilities - Independent Power Producers industry median WACC % is 7.99. Veer Energy & Infrastructure's value of 12.02% is 50.4% above this industry median. Based on the distribution chart, Veer Energy & Infrastructure ranks #416 out of 479 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Veer Energy & Infrastructure has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veer Energy & Infrastructure's WACC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Veer Energy & Infrastructure ranks #416 out of 479 companies for WACC %. This places Veer Energy & Infrastructure in the lower half of its industry. The industry median WACC % is 7.99. Veer Energy & Infrastructure's value of 12.02% is 50.4% above this benchmark. Historically, Veer Energy & Infrastructure's own WACC % has ranged from 6.44 to 15.61 over the past decade. While the company's 10-year median is 12.06 vs. the industry median of 7.99, Veer Energy & Infrastructure 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 Utilities - Independent Power Producers company?
The median WACC % among Utilities - Independent Power Producers companies is 7.99, based on 479 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. Veer Energy & Infrastructure's current WACC % of 12.02% is 50.4% 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 Veer Energy & Infrastructure and its competitors. For the Utilities - Independent Power Producers industry, the median WACC % is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veer Energy & Infrastructure's current WACC % is 12.02%, which is near median its own 10-year median of 12.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veer Energy & Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Veer Energy & Infrastructure (BOM:503657) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹8.74, compared to a current price of ₹12.22 — trading 39.8% above its estimated fair value. The current WACC % is 12.02%, which is near median its 10-year median of 12.06 and 50.4% above the Utilities - Independent Power Producers industry median of 7.99. Veer Energy & Infrastructure's overall GF Score™ is 49/100 with 6 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 Veer Energy & Infrastructure (BOM:503657), the current WACC % is 12.02% as of Jul. 19, 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 Veer Energy & Infrastructure (BOM:503657) Overvalued in 2026?
Based on GuruFocus' analysis, Veer Energy & Infrastructure stock appears to be overvalued.
The current stock price of ₹12.22 is trading 39.8% above its estimated GF Value™ of ₹8.74.
GuruFocus considers Veer Energy & Infrastructure to be Significantly Overvalued.
Key valuation signals for BOM:503657:
WACC %: 12.02% (near median its 10-year median of 12.06)
GF Value™: ₹8.74 vs. price of ₹12.22 (39.8% above fair value)
Industry Position: 50.4% above the Utilities - Independent Power Producers median (#416 of 479)
No single metric tells the full story. See the BOM:503657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veer Energy & Infrastructure Ltd is engaged in the business of implementation and operation of large-scale projects in the renewable energy sector. It is an India-based renewable energy Company that provides services across India to develop, construct, and operate projects that contribute to the goal of a low-carbon and sustainable future. The company generates revenue from the sale of services, and sale of goods, where the majority of the revenue is generated from the sale of services.
49GF Score
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