Goodbye Kansas Group ABFRA:3MB -0.78%36 WACC % is 76.4% as of Jun. 27, 2026, which is 526% above its 10-year median of 12.20. GuruFocus rates FRA:3MB with a GF Score™ of 36/100 and a GF Value™ of €0.06. The stock has 5 warning signs investors should review. Among 1,050 Media - Diversified companies, Goodbye Kansas Group AB ranks worse than 98.86% on this metric.
As of today (2026-06-27), Goodbye Kansas Group AB's weighted average cost of capital is 76.4%%. Goodbye Kansas Group AB's ROIC % is -58.73% (calculated using TTM income statement data).
Goodbye Kansas Group AB 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.
Goodbye Kansas Group AB (FRA:3MB) 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, Goodbye Kansas Group AB's weighted average cost of capital is 76.4%%. Goodbye Kansas Group AB's ROIC % is -58.73% (calculated using TTM income statement data).
Goodbye Kansas Group AB 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 Entertainment subindustry, Goodbye Kansas Group AB'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.
Goodbye Kansas Group AB WACC % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Goodbye Kansas Group AB's WACC % distribution charts can be found below:
* The bar in red indicates where Goodbye Kansas Group AB'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, Goodbye Kansas Group AB's market capitalization (E) is €4.495 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, Goodbye Kansas Group AB's latest one-year quarterly average Book Value of Debt (D) is €0.7734 Mil.
a) weight of equity = E / (E + D) = 4.495 / (4.495 + 0.7734) = 0.8532
b) weight of debt = D / (E + D) = 0.7734 / (4.495 + 0.7734) = 0.1468
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 2.7446%. 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. Goodbye Kansas Group AB's beta is 13.4477.
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 = 2.7446% + 13.4477 * 6% = 83.4308%
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, Goodbye Kansas Group AB's interest expense (positive number) was €0.275 Mil. Its total Book Value of Debt (D) is €0.7734 Mil.
Cost of Debt = 0.275 / 0.7734 = 35.5573%.
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 / -2.495 = 0%.
Goodbye Kansas Group AB'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)
=
0.8532
*
83.4308%
+
0.1468
*
35.5573%
*
(1 - 0%)
=
76.4%
* 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.
Goodbye Kansas Group AB (FRA:3MB) has a WACC % of 76.4% 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 Goodbye Kansas Group AB and its competitors. This is 526% above median its historical median of 12.20. Over the past decade, Goodbye Kansas Group AB's WACC % has ranged from 4.63 to 43.97. According to the industry distribution chart, Goodbye Kansas Group AB ranks #1038 out of 1050 companies in the Media - Diversified industry, placing it in the top 98.9%.
Is Goodbye Kansas Group AB's WACC % too high?
Goodbye Kansas Group AB's current WACC % of 76.4% is 526% above median its 10-year median of 12.20. Over the past 10 years, this metric has ranged from a low of 4.63 to a high of 43.97. The Media - Diversified industry median WACC % is 7.44. Goodbye Kansas Group AB's value of 76.4% is 927.6% above this industry median. Based on the distribution chart, Goodbye Kansas Group AB ranks #1038 out of 1050 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Goodbye Kansas Group AB has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Goodbye Kansas Group AB's WACC % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Goodbye Kansas Group AB ranks #1038 out of 1050 companies for WACC %. This places Goodbye Kansas Group AB in the lower half of its industry. The industry median WACC % is 7.44. Goodbye Kansas Group AB's value of 76.4% is 927.6% above this benchmark. Historically, Goodbye Kansas Group AB's own WACC % has ranged from 4.63 to 43.97 over the past decade. While the company's 10-year median is 12.20 vs. the industry median of 7.44, Goodbye Kansas Group AB 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 Media - Diversified company?
The median WACC % among Media - Diversified companies is 7.44, based on 1,050 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. Goodbye Kansas Group AB's current WACC % of 76.4% is 927.6% 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 Goodbye Kansas Group AB and its competitors. For the Media - Diversified industry, the median WACC % is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodbye Kansas Group AB's current WACC % is 76.4%, which is 526% above median its own 10-year median of 12.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodbye Kansas Group AB stock overvalued right now?
Goodbye Kansas Group AB (FRA:3MB) has a current WACC % of 76.4%. The stock's GF Value™ is €0.06, compared to a current price of €0.10 — trading 69% above its estimated fair value. The current WACC % is 76.4%, which is 526% above median its 10-year median of 12.20 and 927.6% above the Media - Diversified industry median of 7.44. Goodbye Kansas Group AB's overall GF Score™ is 36/100 with 5 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 Goodbye Kansas Group AB (FRA:3MB), the current WACC % is 76.4% 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.
Is Goodbye Kansas Group AB (FRA:3MB) Overvalued in 2026?
Based on GuruFocus' analysis, Goodbye Kansas Group AB stock appears to be overvalued.
The current stock price of €0.10 is trading 69% above its estimated GF Value™ of €0.06.
Key valuation signals for FRA:3MB:
WACC %: 76.4% (526% above median its 10-year median of 12.20)
GF Value™: €0.06 vs. price of €0.10 (69% above fair value)
Industry Position: 927.6% above the Media - Diversified median (#1038 of 1050)
No single metric tells the full story. See the FRA:3MB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodbye Kansas Group AB specializes in visual content and technology. The company develops products and solutions based on the latest technology with a focus on Visual Effects (VFX), Animation, Game Trailers, and In-Game. The group is organized in two parts: Goodbye Kansas Studios and Other Operations. Goodbye Kansas Studios includes the studio business, which offers visual content to film, TV, and gaming. Other operations include the company Vobling, which offers virtual training through VR, and Plotagon Production, which offers an app for 3D animation.
36GF Score
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