Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shin Hwa WorldHKSE:00582 WACC % is 8.07% as of Sep. 06, 2026, which is 3% above its 10-year median of 7.81. The stock has 2 warning signs investors should review. Among 862 Travel & Leisure companies, Shin Hwa World ranks worse than 51.97% on this metric.
As of today (2026-09-06), Shin Hwa World's weighted average cost of capital is 8.07%%. Shin Hwa World's ROIC % is -3.64% (calculated using TTM income statement data).
Shin Hwa World 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.
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, Shin Hwa World's weighted average cost of capital is 8.07%%. Shin Hwa World's ROIC % is -3.64% (calculated using TTM income statement data).
Shin Hwa World 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
Shin Hwa World WACC % Historical Data
* Premium members only.
The historical data trend for Shin Hwa World'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 Resorts & Casinos subindustry, Shin Hwa World'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.
Shin Hwa World WACC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Shin Hwa World's WACC % distribution charts can be found below:
* The bar in red indicates where Shin Hwa World'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, Shin Hwa World's market capitalization (E) is HK$255.604 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 Dec. 2025, Shin Hwa World's latest one-year semi-annual average Book Value of Debt (D) is HK$1207.146 Mil.
a) weight of equity = E / (E + D) = 255.604 / (255.604 + 1207.146) = 0.1747
b) weight of debt = D / (E + D) = 1207.146 / (255.604 + 1207.146) = 0.8253
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 4.784%. 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. Shin Hwa World's beta is 0.7748.
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 = 4.784% + 0.7748 * 6% = 9.4328%
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 Dec. 2025, Shin Hwa World's interest expense (positive number) was HK$94.005 Mil. Its total Book Value of Debt (D) is HK$1207.146 Mil.
Cost of Debt = 94.005 / 1207.146 = 7.7874%.
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 = 0.725 / -341.783 = -0.21%, which is less than 0%. Therefore it's set to 0%.
Shin Hwa World'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)
=
0.1747
*
9.4328%
+
0.8253
*
7.7874%
*
(1 - 0%)
=
8.07%
* 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.
Shin Hwa World (HKSE:00582) has a WACC % of 8.07% as of Sep. 06, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Shin Hwa World and its competitors. This is near median its historical median of 7.81. Over the past decade, Shin Hwa World's WACC % has ranged from 6.45 to 20.78. According to the industry distribution chart, Shin Hwa World ranks #448 out of 862 companies in the Travel & Leisure industry, placing it in the top 52%.
Is Shin Hwa World's WACC % too high?
Shin Hwa World's current WACC % of 8.07% is near median its 10-year median of 7.81. Over the past 10 years, this metric has ranged from a low of 6.45 to a high of 20.78. The Travel & Leisure industry median WACC % is 7.78. Shin Hwa World's value of 8.07% is 3.8% above this industry median. Based on the distribution chart, Shin Hwa World ranks #448 out of 862 companies in the Travel & Leisure industry, which is below the industry midpoint.
How does Shin Hwa World's WACC % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Shin Hwa World ranks #448 out of 862 companies for WACC %. This places Shin Hwa World in the lower half of its industry. The industry median WACC % is 7.78. Shin Hwa World's value of 8.07% is 3.8% above this benchmark. Historically, Shin Hwa World's own WACC % has ranged from 6.45 to 20.78 over the past decade. While the company's 10-year median is 7.81 vs. the industry median of 7.78, Shin Hwa World 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 Travel & Leisure company?
The median WACC % among Travel & Leisure companies is 7.78, based on 862 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. Shin Hwa World's current WACC % of 8.07% is 3.8% 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 Shin Hwa World and its competitors. For the Travel & Leisure industry, the median WACC % is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Hwa World's current WACC % is 8.07%, which is near median its own 10-year median of 7.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Hwa World stock overvalued right now?
Based on GuruFocus' analysis, Shin Hwa World (HKSE:00582) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.07 — trading right at its estimated fair value. The current WACC % is 8.07%, which is near median its 10-year median of 7.81 and 3.8% above the Travel & Leisure industry median of 7.78. 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 Shin Hwa World (HKSE:00582), the current WACC % is 8.07% as of Sep. 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.
Shin Hwa World Ltd is an investment holding company. It is engaged in development and operation of an iconic world-class integrated leisure and entertainment resort, offering various facilities, including casinos, luxurious hotels, exhibition centres, theme parks, attractions, international catering, spaces for retail business and property development. The company's operating segment includes Integrated Resort Development, Gaming Business, and Property Development. It generates maximum revenue from the Integrated Resort Development segment, which develops and operates integrated leisure and entertainment resorts. Geographically, it derives revenue from South Korea, followed by Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00582 has been successfully added to your 
