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.
Wing Lee Property InvestmentsHKSE:00864 43 WACC % is 6.06% as of Aug. 12, 2026, which is 14% above its 10-year median of 5.30. GuruFocus rates HKSE:00864 with a GF Score™ of 43/100 and a GF Value™ of HK$0.14 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,843 Real Estate companies, Wing Lee Property Investments ranks better than 54.1% on this metric.
As of today (2026-08-12), Wing Lee Property Investments's weighted average cost of capital is 6.06%%. Wing Lee Property Investments's ROIC % is 1.53% (calculated using TTM income statement data).
Wing Lee Property Investments 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.
Wing Lee Property Investments (HKSE:00864) 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, Wing Lee Property Investments's weighted average cost of capital is 6.06%%. Wing Lee Property Investments's ROIC % is 1.53% (calculated using TTM income statement data).
Wing Lee Property Investments 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
Wing Lee Property Investments 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.
For the Real Estate Services subindustry, Wing Lee Property Investments'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.
Wing Lee Property Investments WACC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Wing Lee Property Investments's WACC % distribution charts can be found below:
* The bar in red indicates where Wing Lee Property Investments'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, Wing Lee Property Investments's market capitalization (E) is HK$73.373 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, Wing Lee Property Investments's latest one-year semi-annual average Book Value of Debt (D) is HK$84.0727 Mil.
a) weight of equity = E / (E + D) = 73.373 / (73.373 + 84.0727) = 0.466
b) weight of debt = D / (E + D) = 84.0727 / (73.373 + 84.0727) = 0.534
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 4.678%. 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. Wing Lee Property Investments's beta is 0.6685.
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 = 4.678% + 0.6685 * 6% = 8.689%
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, Wing Lee Property Investments's interest expense (positive number) was HK$3.162 Mil. Its total Book Value of Debt (D) is HK$84.0727 Mil.
Cost of Debt = 3.162 / 84.0727 = 3.761%.
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 = 1.195 / -266.491 = -0.45%, which is less than 0%. Therefore it's set to 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.
Wing Lee Property Investments (HKSE:00864) has a WACC % of 6.06% as of Aug. 12, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Wing Lee Property Investments and its competitors. This is 14% above median its historical median of 5.30. Over the past decade, Wing Lee Property Investments' WACC % has ranged from 1.37 to 9.24. According to the industry distribution chart, Wing Lee Property Investments ranks #846 out of 1843 companies in the Real Estate industry, placing it in the top 45.9%.
Is Wing Lee Property Investments' WACC % too high?
Wing Lee Property Investments' current WACC % of 6.06% is 14% above median its 10-year median of 5.30. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 9.24. The Real Estate industry median WACC % is 6.41. Wing Lee Property Investments' value of 6.06% is 5.5% below this industry median. Based on the distribution chart, Wing Lee Property Investments ranks #846 out of 1843 companies in the Real Estate industry, which is above the industry midpoint. Overall, Wing Lee Property Investments has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wing Lee Property Investments' WACC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Wing Lee Property Investments ranks #846 out of 1843 companies for WACC %. This puts Wing Lee Property Investments in the upper half of its industry. The industry median WACC % is 6.41. Wing Lee Property Investments' value of 6.06% is 5.5% below this benchmark. Historically, Wing Lee Property Investments' own WACC % has ranged from 1.37 to 9.24 over the past decade. While the company's 10-year median is 5.30 vs. the industry median of 6.41, Wing Lee Property Investments 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 Real Estate company?
The median WACC % among Real Estate companies is 6.41, based on 1,843 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. Wing Lee Property Investments's current WACC % of 6.06% is 5.5% 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 Wing Lee Property Investments and its competitors. For the Real Estate industry, the median WACC % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wing Lee Property Investments's current WACC % is 6.06%, which is 14% above median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing Lee Property Investments stock overvalued right now?
Based on GuruFocus' analysis, Wing Lee Property Investments (HKSE:00864) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.19 — trading 35.7% above its estimated fair value. The current WACC % is 6.06%, which is 14% above median its 10-year median of 5.30 and 5.5% below the Real Estate industry median of 6.41. Wing Lee Property Investments' overall GF Score™ is 43/100 with 6 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 Wing Lee Property Investments (HKSE:00864), the current WACC % is 6.06% as of Aug. 12, 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 Wing Lee Property Investments (HKSE:00864) Overvalued in 2026?
Based on GuruFocus' analysis, Wing Lee Property Investments stock appears to be overvalued.
The current stock price of HK$0.19 is trading 35.7% above its estimated GF Value™ of HK$0.14.
GuruFocus considers Wing Lee Property Investments to be Significantly Overvalued.
Key valuation signals for HKSE:00864:
WACC %: 6.06% (14% above median its 10-year median of 5.30)
GF Value™: HK$0.14 vs. price of HK$0.19 (35.7% above fair value)
Industry Position: 5.5% below the Real Estate median (#846 of 1843)
No single metric tells the full story. See the HKSE:00864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wing Lee Property Investments Ltd is an investment holding company. The company, through its subsidiaries, is engaged in property investment, principally the leasing of completed commercial and residential properties in Hong Kong. It holds commercial, retail and residential properties for long-term investment in Hong Kong. The group operates into single operating segment focusing on properties investment. The company has business operations in the Mainland China and Hong Kong, of which key revenue is derived from Hong Kong.
43GF Score
Get the complete analysis for HKSE:00864
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
HKSE:00864 has been successfully added to your 
