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BCO Nordeste do BrasilBSP:BNBR3 59 WACC % is 10.73% as of Jul. 21, 2026, which is 44% below its 10-year median of 19.25. GuruFocus rates BSP:BNBR3 with a GF Score™ of 59/100 and a GF Value™ of R$117.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,541 Banks companies, BCO Nordeste do Brasil ranks better than 64.24% on this metric.
As of today (2026-07-21), BCO Nordeste do Brasil's weighted average cost of capital is 10.73%%. BCO Nordeste do Brasil's ROIC % is 0.00% (calculated using TTM income statement data).
BCO Nordeste do Brasil 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.
BCO Nordeste do Brasil (BSP:BNBR3) 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, BCO Nordeste do Brasil's weighted average cost of capital is 10.73%%. BCO Nordeste do Brasil's ROIC % is 0.00% (calculated using TTM income statement data).
BCO Nordeste do Brasil 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.
BCO Nordeste do Brasil WACC % Competitor Comparison
For the Banks - Regional subindustry, BCO Nordeste do Brasil'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.
BCO Nordeste do Brasil WACC % vs Banks Industry
For the Banks industry and Financial Services sector, BCO Nordeste do Brasil's WACC % distribution charts can be found below:
* The bar in red indicates where BCO Nordeste do Brasil'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, BCO Nordeste do Brasil's market capitalization (E) is R$11054.372 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, BCO Nordeste do Brasil's latest one-year quarterly average Book Value of Debt (D) is R$29169.342 Mil.
a) weight of equity = E / (E + D) = 11054.372 / (11054.372 + 29169.342) = 0.2748
b) weight of debt = D / (E + D) = 29169.342 / (11054.372 + 29169.342) = 0.7252
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 4.626%. 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. BCO Nordeste do Brasil's beta is 0.1728.
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 = 4.626% + 0.1728 * 6% = 5.6628%
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, BCO Nordeste do Brasil's interest expense (positive number) was R$5302.498 Mil. Its total Book Value of Debt (D) is R$29169.342 Mil.
Cost of Debt = 5302.498 / 29169.342 = 18.1783%.
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 = 1547.055 / 5082.428 = 30.44%.
BCO Nordeste do Brasil'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)
=
0.2748
*
5.6628%
+
0.7252
*
18.1783%
*
(1 - 30.44%)
=
10.73%
* 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.
BCO Nordeste do Brasil (BSP:BNBR3) has a WACC % of 10.73% as of Jul. 21, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on BCO Nordeste do Brasil and its competitors. This is 44% below median its historical median of 19.25. Over the past decade, BCO Nordeste do Brasil's WACC % has ranged from 8.42 to 34.79. According to the industry distribution chart, BCO Nordeste do Brasil ranks #551 out of 1541 companies in the Banks industry, placing it in the top 35.8%.
Is BCO Nordeste do Brasil's WACC % too high?
BCO Nordeste do Brasil's current WACC % of 10.73% is 44% below median its 10-year median of 19.25. Over the past 10 years, this metric has ranged from a low of 8.42 to a high of 34.79. The Banks industry median WACC % is 13.10. BCO Nordeste do Brasil's value of 10.73% is 18.1% below this industry median. Based on the distribution chart, BCO Nordeste do Brasil ranks #551 out of 1541 companies in the Banks industry, which is above the industry midpoint. Overall, BCO Nordeste do Brasil has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BCO Nordeste do Brasil's WACC % compare to competitors?
According to the Banks industry distribution chart, BCO Nordeste do Brasil ranks #551 out of 1541 companies for WACC %. This puts BCO Nordeste do Brasil in the upper half of its industry. The industry median WACC % is 13.10. BCO Nordeste do Brasil's value of 10.73% is 18.1% below this benchmark. Historically, BCO Nordeste do Brasil's own WACC % has ranged from 8.42 to 34.79 over the past decade. While the company's 10-year median is 19.25 vs. the industry median of 13.10, BCO Nordeste do Brasil 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 a Banks company?
The median WACC % among Banks companies is 13.10, based on 1,541 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. BCO Nordeste do Brasil's current WACC % of 10.73% is 18.1% 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 BCO Nordeste do Brasil and its competitors. For the Banks industry, the median WACC % is 13.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BCO Nordeste do Brasil's current WACC % is 10.73%, which is 44% below median its own 10-year median of 19.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BCO Nordeste do Brasil stock overvalued right now?
Based on GuruFocus' analysis, BCO Nordeste do Brasil (BSP:BNBR3) is currently considered Fairly Valued. The stock's GF Value™ is R$117.37, compared to a current price of R$112.00 — trading 4.6% below its estimated fair value. The current WACC % is 10.73%, which is 44% below median its 10-year median of 19.25 and 18.1% below the Banks industry median of 13.10. BCO Nordeste do Brasil's overall GF Score™ is 59/100 with 3 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 BCO Nordeste do Brasil (BSP:BNBR3), the current WACC % is 10.73% as of Jul. 21, 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 BCO Nordeste do Brasil (BSP:BNBR3) Overvalued in 2026?
Based on GuruFocus' analysis, BCO Nordeste do Brasil stock appears to be undervalued.
The current stock price of R$112.00 is trading 4.6% below its estimated GF Value™ of R$117.37.
GuruFocus considers BCO Nordeste do Brasil to be Fairly Valued.
Key valuation signals for BSP:BNBR3:
WACC %: 10.73% (44% below median its 10-year median of 19.25)
GF Value™: R$117.37 vs. price of R$112.00 (4.6% below fair value)
Industry Position: 18.1% below the Banks median (#551 of 1541)
No single metric tells the full story. See the BSP:BNBR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BCO Nordeste do Brasil SA provides various financial products and services to economic and institutional agents, and private individuals. It provides current and checking accounts; credit card, personal credit, and overdraft services; and investments products, as well as car, life, residential, and lender insurance services. The company also provides financing programs, collection, reinvestment, capital market, foreign exchange and trade, microfinance, credit programs for the public sector, transfers and covenants, and payroll services.
59GF Score
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