Boustead SingaporeBSTGF 58 WACC % is 6.28% as of Jun. 27, 2026, which is 4% above its 10-year median of 6.01. GuruFocus rates BSTGF with a GF Score™ of 58/100. The stock has 4 warning signs investors should review. Among 572 Conglomerates companies, Boustead Singapore ranks worse than 68.36% on this metric.
As of today (2026-06-27), Boustead Singapore's weighted average cost of capital is 6.28%%. Boustead Singapore's ROIC % is 9.71% (calculated using TTM income statement data).
Boustead Singapore generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
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, Boustead Singapore's weighted average cost of capital is 6.28%%. Boustead Singapore's ROIC % is 9.71% (calculated using TTM income statement data).
Boustead Singapore generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
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
Boustead Singapore WACC % Historical Data
* Premium members only.
The historical data trend for Boustead Singapore'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 Conglomerates subindustry, Boustead Singapore'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.
Boustead Singapore WACC % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Boustead Singapore's WACC % distribution charts can be found below:
* The bar in red indicates where Boustead Singapore'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, Boustead Singapore's market capitalization (E) is $777.976 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, Boustead Singapore's latest one-year semi-annual average Book Value of Debt (D) is $49.1 Mil.
a) weight of equity = E / (E + D) = 777.976 / (777.976 + 49.1) = 0.9406
b) weight of debt = D / (E + D) = 49.1 / (777.976 + 49.1) = 0.0594
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 4.376%. 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. Boustead Singapore's beta is 0.3392.
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 = 4.376% + 0.3392 * 6% = 6.4112%
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, Boustead Singapore's interest expense (positive number) was $2.288 Mil. Its total Book Value of Debt (D) is $49.1 Mil.
Cost of Debt = 2.288 / 49.1 = 4.6599%.
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 = 20.71 / 205.235 = 10.09%.
Boustead Singapore'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)
=
0.9406
*
6.4112%
+
0.0594
*
4.6599%
*
(1 - 10.09%)
=
6.28%
* 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.
Boustead Singapore (BSTGF) has a WACC % of 6.28% as of Jun. 27, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Boustead Singapore and its competitors. This is near median its historical median of 6.01. Over the past decade, Boustead Singapore's WACC % has ranged from 2.75 to 10.70. According to the industry distribution chart, Boustead Singapore ranks #391 out of 572 companies in the Conglomerates industry, placing it in the top 68.4%.
Is Boustead Singapore's WACC % too high?
Boustead Singapore's current WACC % of 6.28% is near median its 10-year median of 6.01. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 10.70. The Conglomerates industry median WACC % is 6.74. Boustead Singapore's value of 6.28% is 6.8% below this industry median. Based on the distribution chart, Boustead Singapore ranks #391 out of 572 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Boustead Singapore has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Boustead Singapore's WACC % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Boustead Singapore ranks #391 out of 572 companies for WACC %. This places Boustead Singapore in the lower half of its industry. The industry median WACC % is 6.74. Boustead Singapore's value of 6.28% is 6.8% below this benchmark. Historically, Boustead Singapore's own WACC % has ranged from 2.75 to 10.70 over the past decade. While the company's 10-year median is 6.01 vs. the industry median of 6.74, Boustead Singapore 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 Conglomerates company?
The median WACC % among Conglomerates companies is 6.74, based on 572 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. Boustead Singapore's current WACC % of 6.28% is 6.8% 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 Boustead Singapore and its competitors. For the Conglomerates industry, the median WACC % is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boustead Singapore's current WACC % is 6.28%, which is near median its own 10-year median of 6.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boustead Singapore stock overvalued right now?
Boustead Singapore (BSTGF) has a current WACC % of 6.28%. The current WACC % is 6.28%, which is near median its 10-year median of 6.01 and 6.8% below the Conglomerates industry median of 6.74. Boustead Singapore's overall GF Score™ is 58/100 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 Boustead Singapore (BSTGF), the current WACC % is 6.28% as of Jun. 27, 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.
Boustead Singapore Ltd is an investment holding company that engages in infrastructure-related engineering services and geo-spatial solutions. It operates in five segments. The company has five operating segments: Geospatial, Real Estate Solutions, Energy Engineering, Healthcare, and HQ activities. The company generates key revenue from the Geospatial segment, which includes exclusive distribution, professional services, and solutions related to Esri ArcGIS, geographic information system, smart mapping, and location analytics platform, for key markets across Australia and parts of South East Asia.
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