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For a comprehensive WACC calculation, please access the WACC Calculator.
Hgi Creditos Imobiliarios Fundo DE Investimento (BSP:HGIC11) 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, Hgi Creditos Imobiliarios Fundo DE Investimento's weighted average cost of capital is 8.36%%. Hgi Creditos Imobiliarios Fundo DE Investimento's ROIC % is 0.00% (calculated using TTM income statement data).
Hgi Creditos Imobiliarios Fundo DE Investimento 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.
Related Terms
Hgi Creditos Imobiliarios Fundo DE Investimento 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.
Hgi Creditos Imobiliarios Fundo DE Investimento WACC % Chart
Hgi Creditos Imobiliarios Fundo DE Investimento Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
WACC %
0.00
8.98
9.81
10.39
7.34
Hgi Creditos Imobiliarios Fundo DE Investimento Semi-Annual Data
* 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.
Hgi Creditos Imobiliarios Fundo DE Investimento WACC % vs REITs Industry
Hgi Creditos Imobiliarios Fundo DE Investimento WACC % Calculation
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, Hgi Creditos Imobiliarios Fundo DE Investimento's market capitalization (E) is R$24.357 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 Jun. 2025, Hgi Creditos Imobiliarios Fundo DE Investimento's latest one-year semi-annual average Book Value of Debt (D) is R$0 Mil.
a) weight of equity = E / (E + D) = 24.357 / (24.357 + 0) = 1
b) weight of debt = D / (E + D) = 0 / (24.357 + 0) = 0
2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 4.636%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. Hgi Creditos Imobiliarios Fundo DE Investimento's beta is 0.6209.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 4.636% + 0.6209 * 6% = 8.3614%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year semi-annual average debt to get the simplified cost of debt.
As of Jun. 2025, Hgi Creditos Imobiliarios Fundo DE Investimento's interest expense (positive number) was R$-0 Mil. Its total Book Value of Debt (D) is R$0 Mil.
Cost of Debt = -0 / 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 / 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.
Hgi Creditos Imobiliarios Fundo DE Investimento (BSP:HGIC11) has a WACC % of 8.36% as of Jul. 22, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Hgi Creditos Imobiliarios Fundo DE Investimento and its competitors. This is 11% below median its historical median of 9.40. Over the past decade, Hgi Creditos Imobiliarios Fundo DE Investimento's WACC % has ranged from 7.34 to 10.39. According to the industry distribution chart, Hgi Creditos Imobiliarios Fundo DE Investimento ranks #688 out of 963 companies in the REITs industry, placing it in the top 71.4%.
Is Hgi Creditos Imobiliarios Fundo DE Investimento's WACC % too high?
Hgi Creditos Imobiliarios Fundo DE Investimento's current WACC % of 8.36% is 11% below median its 10-year median of 9.40. Over the past 10 years, this metric has ranged from a low of 7.34 to a high of 10.39. The REITs industry median WACC % is 6.64. Hgi Creditos Imobiliarios Fundo DE Investimento's value of 8.36% is 25.9% above this industry median. Based on the distribution chart, Hgi Creditos Imobiliarios Fundo DE Investimento ranks #688 out of 963 companies in the REITs industry, which is below the industry midpoint. Overall, Hgi Creditos Imobiliarios Fundo DE Investimento has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hgi Creditos Imobiliarios Fundo DE Investimento's WACC % compare to VICI and WPC?
According to the REITs industry distribution chart, Hgi Creditos Imobiliarios Fundo DE Investimento ranks #688 out of 963 companies for WACC %. This places Hgi Creditos Imobiliarios Fundo DE Investimento in the lower half of its industry. The industry median WACC % is 6.64. Hgi Creditos Imobiliarios Fundo DE Investimento's value of 8.36% is 25.9% above this benchmark. Historically, Hgi Creditos Imobiliarios Fundo DE Investimento's own WACC % has ranged from 7.34 to 10.39 over the past decade. While the company's 10-year median is 9.40 vs. the industry median of 6.64, Hgi Creditos Imobiliarios Fundo DE Investimento 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 REITs company?
The median WACC % among REITs companies is 6.64, based on 963 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. Hgi Creditos Imobiliarios Fundo DE Investimento's current WACC % of 8.36% is 25.9% 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 Hgi Creditos Imobiliarios Fundo DE Investimento and its competitors. For the REITs industry, the median WACC % is 6.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hgi Creditos Imobiliarios Fundo DE Investimento's current WACC % is 8.36%, which is 11% below median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hgi Creditos Imobiliarios Fundo DE Investimento stock overvalued right now?
Based on GuruFocus' analysis, Hgi Creditos Imobiliarios Fundo DE Investimento (BSP:HGIC11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$60.72, compared to a current price of R$52.64 — trading 13.3% below its estimated fair value. The current WACC % is 8.36%, which is 11% below median its 10-year median of 9.40 and 25.9% above the REITs industry median of 6.64. Hgi Creditos Imobiliarios Fundo DE Investimento's overall GF Score™ is 54/100 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 Hgi Creditos Imobiliarios Fundo DE Investimento (BSP:HGIC11), the current WACC % is 8.36% as of Jul. 22, 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 Hgi Creditos Imobiliarios Fundo DE Investimento (BSP:HGIC11) Overvalued in 2026?
Based on GuruFocus' analysis, Hgi Creditos Imobiliarios Fundo DE Investimento stock appears to be undervalued.
The current stock price of R$52.64 is trading 13.3% below its estimated GF Value™ of R$60.72.
GuruFocus considers Hgi Creditos Imobiliarios Fundo DE Investimento to be Modestly Undervalued.
Key valuation signals for BSP:HGIC11:
WACC %: 8.36% (11% below median its 10-year median of 9.40)
GF Value™: R$60.72 vs. price of R$52.64 (13.3% below fair value)
Industry Position: 25.9% above the REITs median (#688 of 963)
No single metric tells the full story. See the BSP:HGIC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hgi Creditos Imobiliarios Fundo DE Investimento Business Description
Hgi Creditos Imobiliarios Fundo DE Investimento aims to obtain income and provide shareholders with the appreciation of their shares, through investment in Real Estate Credits.
54GF Score
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