JDC Group AGFRA:JDC -0.43%79 WACC % is 9.1% as of Jul. 06, 2026, which is 6% above its 10-year median of 8.59. GuruFocus rates FRA:JDC with a GF Score™ of 79/100 and a GF Value™ of €32.75 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 578 Diversified Financial Services companies, JDC Group AG ranks better than 69.72% on this metric.
As of today (2026-07-06), JDC Group AG's weighted average cost of capital is 9.1%%. JDC Group AG's ROIC % is 7.70% (calculated using TTM income statement data).
JDC Group AG 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.
JDC Group AG (FRA:JDC) 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, JDC Group AG's weighted average cost of capital is 9.1%%. JDC Group AG's ROIC % is 7.70% (calculated using TTM income statement data).
JDC Group AG 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.
Related Terms
JDC Group AG WACC % Historical Data
* Premium members only.
The historical data trend for JDC Group AG'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 Financial Conglomerates subindustry, JDC Group AG'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.
JDC Group AG WACC % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, JDC Group AG's WACC % distribution charts can be found below:
* The bar in red indicates where JDC Group AG'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, JDC Group AG's market capitalization (E) is €309.639 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, JDC Group AG's latest one-year quarterly average Book Value of Debt (D) is €70.6505 Mil.
a) weight of equity = E / (E + D) = 309.639 / (309.639 + 70.6505) = 0.8142
b) weight of debt = D / (E + D) = 70.6505 / (309.639 + 70.6505) = 0.1858
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 3.0465%. 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. JDC Group AG's beta is 1.1498.
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 = 3.0465% + 1.1498 * 6% = 9.9453%
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, JDC Group AG's interest expense (positive number) was €5.115 Mil. Its total Book Value of Debt (D) is €70.6505 Mil.
Cost of Debt = 5.115 / 70.6505 = 7.2399%.
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 = 3.025 / 12.012 = 25.18%.
JDC Group AG'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)
=
0.8142
*
9.9453%
+
0.1858
*
7.2399%
*
(1 - 25.18%)
=
9.1%
* 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.
JDC Group AG (FRA:JDC) has a WACC % of 9.1% as of Jul. 06, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on JDC Group AG and its competitors. This is near median its historical median of 8.59. Over the past decade, JDC Group AG's WACC % has ranged from 5.04 to 10.51. According to the industry distribution chart, JDC Group AG ranks #175 out of 578 companies in the Diversified Financial Services industry, placing it in the top 30.3%.
Is JDC Group AG's WACC % too high?
JDC Group AG's current WACC % of 9.1% is near median its 10-year median of 8.59. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 10.51. The Diversified Financial Services industry median WACC % is 10.45. JDC Group AG's value of 9.1% is 12.9% below this industry median. Based on the distribution chart, JDC Group AG ranks #175 out of 578 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, JDC Group AG has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JDC Group AG's WACC % compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, JDC Group AG ranks #175 out of 578 companies for WACC %. This puts JDC Group AG in the upper half of its industry. The industry median WACC % is 10.45. JDC Group AG's value of 9.1% is 12.9% below this benchmark. Historically, JDC Group AG's own WACC % has ranged from 5.04 to 10.51 over the past decade. While the company's 10-year median is 8.59 vs. the industry median of 10.45, JDC Group AG 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 Diversified Financial Services company?
The median WACC % among Diversified Financial Services companies is 10.45, based on 578 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. JDC Group AG's current WACC % of 9.1% is 12.9% 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 JDC Group AG and its competitors. For the Diversified Financial Services industry, the median WACC % is 10.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JDC Group AG's current WACC % is 9.1%, which is near median its own 10-year median of 8.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JDC Group AG stock overvalued right now?
Based on GuruFocus' analysis, JDC Group AG (FRA:JDC) is currently considered Modestly Undervalued. The stock's GF Value™ is €32.75, compared to a current price of €23.10 — trading 29.5% below its estimated fair value. The current WACC % is 9.1%, which is near median its 10-year median of 8.59 and 12.9% below the Diversified Financial Services industry median of 10.45. JDC Group AG's overall GF Score™ is 79/100 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 JDC Group AG (FRA:JDC), the current WACC % is 9.1% as of Jul. 06, 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 JDC Group AG (FRA:JDC) Overvalued in 2026?
Based on GuruFocus' analysis, JDC Group AG stock appears to be undervalued.
The current stock price of €23.10 is trading 29.5% below its estimated GF Value™ of €32.75.
GuruFocus considers JDC Group AG to be Modestly Undervalued.
Key valuation signals for FRA:JDC:
WACC %: 9.1% (near median its 10-year median of 8.59)
GF Value™: €32.75 vs. price of €23.10 (29.5% below fair value)
Industry Position: 12.9% below the Diversified Financial Services median (#175 of 578)
No single metric tells the full story. See the FRA:JDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JDC Group AG is a financial services company advising its customers and brokers with financial products in Germany and Austria. The company sales platform offers products that cover asset classes such as investment funds and alternative investment funds, structured products, insurance, financing, and real estate. Its brokering financial products include broker pool and technical platforms consisting of Jung, DMS, and Cir.AG. The company's segments include the Advisortech segment, Advisory segment, and Holding segment.
79GF Score
Get the complete analysis for FRA:JDC
WACC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:JDC has been successfully added to your 
