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Shivagrico ImplementsBOM:522237 +9.14%65 WACC % is 8.18% as of Jul. 14, 2026, which is 36% above its 10-year median of 6.00. GuruFocus rates BOM:522237 with a GF Score™ of 65/100 and a GF Value™ of ₹28.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,089 Industrial Products companies, Shivagrico Implements ranks better than 62.77% on this metric.
As of today (2026-07-14), Shivagrico Implements's weighted average cost of capital is 8.18%%. Shivagrico Implements's ROIC % is 3.69% (calculated using TTM income statement data).
Shivagrico Implements 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.
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, Shivagrico Implements's weighted average cost of capital is 8.18%%. Shivagrico Implements's ROIC % is 3.69% (calculated using TTM income statement data).
Shivagrico Implements 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.
* 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 Tools & Accessories subindustry, Shivagrico Implements'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.
Shivagrico Implements WACC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shivagrico Implements's WACC % distribution charts can be found below:
* The bar in red indicates where Shivagrico Implements'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, Shivagrico Implements's market capitalization (E) is ₹135.317 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, Shivagrico Implements's latest one-year quarterly average Book Value of Debt (D) is ₹164.353 Mil.
a) weight of equity = E / (E + D) = 135.317 / (135.317 + 164.353) = 0.4516
b) weight of debt = D / (E + D) = 164.353 / (135.317 + 164.353) = 0.5484
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. Shivagrico Implements's beta is 1.1453.
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% + 1.1453 * 6% = 13.8918%
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, Shivagrico Implements's interest expense (positive number) was ₹10.234 Mil. Its total Book Value of Debt (D) is ₹164.353 Mil.
Cost of Debt = 10.234 / 164.353 = 6.2268%.
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 = 3.069 / 6.93 = 44.29%.
Shivagrico Implements'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)
=
0.4516
*
13.8918%
+
0.5484
*
6.2268%
*
(1 - 44.29%)
=
8.18%
* 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.
Shivagrico Implements (BOM:522237) has a WACC % of 8.18% as of Jul. 14, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Shivagrico Implements and its competitors. This is 36% above median its historical median of 6.00. Over the past decade, Shivagrico Implements' WACC % has ranged from 2.29 to 7.95. According to the industry distribution chart, Shivagrico Implements ranks #1150 out of 3089 companies in the Industrial Products industry, placing it in the top 37.2%.
Is Shivagrico Implements' WACC % too high?
Shivagrico Implements' current WACC % of 8.18% is 36% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 7.95. The Industrial Products industry median WACC % is 9.69. Shivagrico Implements' value of 8.18% is 15.6% below this industry median. Based on the distribution chart, Shivagrico Implements ranks #1150 out of 3089 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shivagrico Implements has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shivagrico Implements' WACC % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Shivagrico Implements ranks #1150 out of 3089 companies for WACC %. This puts Shivagrico Implements in the upper half of its industry. The industry median WACC % is 9.69. Shivagrico Implements' value of 8.18% is 15.6% below this benchmark. Historically, Shivagrico Implements' own WACC % has ranged from 2.29 to 7.95 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 9.69, Shivagrico Implements has consistently been below 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 Industrial Products company?
The median WACC % among Industrial Products companies is 9.69, based on 3,089 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. Shivagrico Implements's current WACC % of 8.18% is 15.6% below 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 Shivagrico Implements and its competitors. For the Industrial Products industry, the median WACC % is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivagrico Implements's current WACC % is 8.18%, which is 36% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivagrico Implements stock overvalued right now?
Based on GuruFocus' analysis, Shivagrico Implements (BOM:522237) is currently considered Fairly Valued. The stock's GF Value™ is ₹28.98, compared to a current price of ₹26.99 — trading 6.9% below its estimated fair value. The current WACC % is 8.18%, which is 36% above median its 10-year median of 6.00 and 15.6% below the Industrial Products industry median of 9.69. Shivagrico Implements' overall GF Score™ is 65/100 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 Shivagrico Implements (BOM:522237), the current WACC % is 8.18% as of Jul. 14, 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 Shivagrico Implements (BOM:522237) Overvalued in 2026?
Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued.
The current stock price of ₹26.99 is trading 6.9% below its estimated GF Value™ of ₹28.98.
GuruFocus considers Shivagrico Implements to be Fairly Valued.
Key valuation signals for BOM:522237:
WACC %: 8.18% (36% above median its 10-year median of 6.00)
GF Value™: ₹28.98 vs. price of ₹26.99 (6.9% below fair value)
Industry Position: 15.6% below the Industrial Products median (#1150 of 3089)
No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
65GF Score
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