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.
IWS Group HoldingsHKSE:06663 +1.82%64 WACC % is 8.9% as of Sep. 01, 2026, which is 26% above its 10-year median of 7.08. GuruFocus rates HKSE:06663 with a GF Score™ of 64/100 and a GF Value™ of HK$0.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,110 Business Services companies, IWS Group Holdings ranks worse than 65.68% on this metric.
As of today (2026-09-01), IWS Group Holdings's weighted average cost of capital is 8.9%%. IWS Group Holdings's ROIC % is 4.95% (calculated using TTM income statement data).
IWS Group Holdings 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.
IWS Group Holdings (HKSE:06663) 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, IWS Group Holdings's weighted average cost of capital is 8.9%%. IWS Group Holdings's ROIC % is 4.95% (calculated using TTM income statement data).
IWS Group Holdings 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
IWS Group Holdings WACC % Historical Data
* Premium members only.
The historical data trend for IWS Group Holdings'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 Security & Protection Services subindustry, IWS Group Holdings'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.
IWS Group Holdings WACC % vs Business Services Industry
For the Business Services industry and Industrials sector, IWS Group Holdings's WACC % distribution charts can be found below:
* The bar in red indicates where IWS Group Holdings'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, IWS Group Holdings's market capitalization (E) is HK$224.000 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, IWS Group Holdings's latest one-year semi-annual average Book Value of Debt (D) is HK$2.6113 Mil.
a) weight of equity = E / (E + D) = 224.000 / (224.000 + 2.6113) = 0.9885
b) weight of debt = D / (E + D) = 2.6113 / (224.000 + 2.6113) = 0.0115
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 4.788%. 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. IWS Group Holdings's beta is 0.6868.
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 = 4.788% + 0.6868 * 6% = 8.9088%
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, IWS Group Holdings's interest expense (positive number) was HK$0.205 Mil. Its total Book Value of Debt (D) is HK$2.6113 Mil.
Cost of Debt = 0.205 / 2.6113 = 7.8505%.
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 = 3.137 / -7.315 = -42.88%, which is less than 0%. Therefore it's set to 0%.
IWS Group Holdings'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)
=
0.9885
*
8.9088%
+
0.0115
*
7.8505%
*
(1 - 0%)
=
8.9%
* 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.
IWS Group Holdings (HKSE:06663) has a WACC % of 8.9% as of Sep. 01, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on IWS Group Holdings and its competitors. This is 26% above median its historical median of 7.08. Over the past decade, IWS Group Holdings' WACC % has ranged from 1.12 to 9.54. According to the industry distribution chart, IWS Group Holdings ranks #729 out of 1110 companies in the Business Services industry, placing it in the top 65.7%.
Is IWS Group Holdings' WACC % too high?
IWS Group Holdings' current WACC % of 8.9% is 26% above median its 10-year median of 7.08. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 9.54. The Business Services industry median WACC % is 7.14. IWS Group Holdings' value of 8.9% is 24.7% above this industry median. Based on the distribution chart, IWS Group Holdings ranks #729 out of 1110 companies in the Business Services industry, which is below the industry midpoint. Overall, IWS Group Holdings has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IWS Group Holdings' WACC % compare to ALLE and MSA?
According to the Business Services industry distribution chart, IWS Group Holdings ranks #729 out of 1110 companies for WACC %. This places IWS Group Holdings in the lower half of its industry. The industry median WACC % is 7.14. IWS Group Holdings' value of 8.9% is 24.7% above this benchmark. Historically, IWS Group Holdings' own WACC % has ranged from 1.12 to 9.54 over the past decade. While the company's 10-year median is 7.08 vs. the industry median of 7.14, IWS Group Holdings 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 Business Services company?
The median WACC % among Business Services companies is 7.14, based on 1,110 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. IWS Group Holdings's current WACC % of 8.9% is 24.7% 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 IWS Group Holdings and its competitors. For the Business Services industry, the median WACC % is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IWS Group Holdings's current WACC % is 8.9%, which is 26% above median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IWS Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IWS Group Holdings (HKSE:06663) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.36, compared to a current price of HK$0.28 — trading 22.2% below its estimated fair value. The current WACC % is 8.9%, which is 26% above median its 10-year median of 7.08 and 24.7% above the Business Services industry median of 7.14. IWS Group Holdings' overall GF Score™ is 64/100 with 3 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 IWS Group Holdings (HKSE:06663), the current WACC % is 8.9% as of Sep. 01, 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 IWS Group Holdings (HKSE:06663) Overvalued in 2026?
Based on GuruFocus' analysis, IWS Group Holdings stock appears to be undervalued.
The current stock price of HK$0.28 is trading 22.2% below its estimated GF Value™ of HK$0.36.
GuruFocus considers IWS Group Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:06663:
WACC %: 8.9% (26% above median its 10-year median of 7.08)
GF Value™: HK$0.36 vs. price of HK$0.28 (22.2% below fair value)
Industry Position: 24.7% above the Business Services median (#729 of 1110)
No single metric tells the full story. See the HKSE:06663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IWS Group Holdings Ltd is engaged in the provision of security services and facility management services in Hong Kong. It operates through two segments. The Security Services segment that derives the majority of revenue provides security service personnel mainly for generally manned guarding, manpower support to the event and crisis security at railway stations and facilities, sea, land, and railway immigration control points, public amenities, private commercial, residential and other properties. The Facility Management Services segment engages in the provision of property management services, car park management services, cleaning services, hotel management services, rental of car parks, and sub-leasing of car parks.
64GF Score
Get the complete analysis for HKSE:06663
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:06663 has been successfully added to your 
