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Ying Hai Group Holdings CoHKSE:08668 45 WACC % is 2.97% as of Jul. 26, 2026, which is 48% below its 10-year median of 5.71. GuruFocus rates HKSE:08668 with a GF Score™ of 45/100 and a GF Value™ of HK$0.13 (Fairly Valued). The stock has 6 warning signs investors should review. Among 868 Travel & Leisure companies, Ying Hai Group Holdings Co ranks better than 90.09% on this metric.
As of today (2026-07-26), Ying Hai Group Holdings Co's weighted average cost of capital is 2.97%%. Ying Hai Group Holdings Co's ROIC % is -49.64% (calculated using TTM income statement data).
Ying Hai Group Holdings Co 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.
Ying Hai Group Holdings Co (HKSE:08668) 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, Ying Hai Group Holdings Co's weighted average cost of capital is 2.97%%. Ying Hai Group Holdings Co's ROIC % is -49.64% (calculated using TTM income statement data).
Ying Hai Group Holdings Co 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.
* 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 Travel Services subindustry, Ying Hai Group Holdings Co'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.
Ying Hai Group Holdings Co WACC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Ying Hai Group Holdings Co's WACC % distribution charts can be found below:
* The bar in red indicates where Ying Hai Group Holdings Co'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, Ying Hai Group Holdings Co's market capitalization (E) is HK$148.800 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, Ying Hai Group Holdings Co's latest one-year semi-annual average Book Value of Debt (D) is HK$2.105 Mil.
a) weight of equity = E / (E + D) = 148.800 / (148.800 + 2.105) = 0.9861
b) weight of debt = D / (E + D) = 2.105 / (148.800 + 2.105) = 0.0139
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 4.681%. 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. Ying Hai Group Holdings Co's beta is -0.2877.
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 = 4.681% + -0.2877 * 6% = 2.9548%
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, Ying Hai Group Holdings Co's interest expense (positive number) was HK$0.083 Mil. Its total Book Value of Debt (D) is HK$2.105 Mil.
Cost of Debt = 0.083 / 2.105 = 3.943%.
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 = 0.089 / -13.471 = -0.66%, 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.
Ying Hai Group Holdings Co (HKSE:08668) has a WACC % of 2.97% as of Jul. 26, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Ying Hai Group Holdings Co and its competitors. This is 48% below median its historical median of 5.71. Over the past decade, Ying Hai Group Holdings Co's WACC % has ranged from 2.97 to 7.89. According to the industry distribution chart, Ying Hai Group Holdings Co ranks #86 out of 868 companies in the Travel & Leisure industry, placing it in the top 9.9%.
Is Ying Hai Group Holdings Co's WACC % too high?
Ying Hai Group Holdings Co's current WACC % of 2.97% is 48% below median its 10-year median of 5.71. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 7.89. The Travel & Leisure industry median WACC % is 7.83. Ying Hai Group Holdings Co's value of 2.97% is 62.1% below this industry median. Based on the distribution chart, Ying Hai Group Holdings Co ranks #86 out of 868 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Ying Hai Group Holdings Co has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ying Hai Group Holdings Co's WACC % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Ying Hai Group Holdings Co ranks #86 out of 868 companies for WACC %. This places Ying Hai Group Holdings Co in the top 10% of its industry — outperforming the majority of peers. The industry median WACC % is 7.83. Ying Hai Group Holdings Co's value of 2.97% is 62.1% below this benchmark. Historically, Ying Hai Group Holdings Co's own WACC % has ranged from 2.97 to 7.89 over the past decade. While the company's 10-year median is 5.71 vs. the industry median of 7.83, Ying Hai Group Holdings Co 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 Travel & Leisure company?
The median WACC % among Travel & Leisure companies is 7.83, based on 868 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. Ying Hai Group Holdings Co's current WACC % of 2.97% is 62.1% 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 Ying Hai Group Holdings Co and its competitors. For the Travel & Leisure industry, the median WACC % is 7.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ying Hai Group Holdings Co's current WACC % is 2.97%, which is 48% below median its own 10-year median of 5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ying Hai Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Ying Hai Group Holdings Co (HKSE:08668) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.13, compared to a current price of HK$0.12 — trading 4.6% below its estimated fair value. The current WACC % is 2.97%, which is 48% below median its 10-year median of 5.71 and 62.1% below the Travel & Leisure industry median of 7.83. Ying Hai Group Holdings Co's overall GF Score™ is 45/100 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 Ying Hai Group Holdings Co (HKSE:08668), the current WACC % is 2.97% as of Jul. 26, 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 Ying Hai Group Holdings Co (HKSE:08668) Overvalued in 2026?
Based on GuruFocus' analysis, Ying Hai Group Holdings Co stock appears to be undervalued.
The current stock price of HK$0.12 is trading 4.6% below its estimated GF Value™ of HK$0.13.
GuruFocus considers Ying Hai Group Holdings Co to be Fairly Valued.
Key valuation signals for HKSE:08668:
WACC %: 2.97% (48% below median its 10-year median of 5.71)
GF Value™: HK$0.13 vs. price of HK$0.12 (4.6% below fair value)
Industry Position: 62.1% below the Travel & Leisure median (#86 of 868)
No single metric tells the full story. See the HKSE:08668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ying Hai Group Holdings Co Ltd is an investment holding company. It is principally engaged in the travel business consisting of sales and distribution of hotel rooms and margin income from sales, distribution and provision of air tickets, hotel rooms and ancillary travel-related products in Macau, the vehicle business represents the provision of vehicle leasing and limousine services, the show and event business represents the sales of show and event tickets, organising the shows and events and related ancillary services in Asia and investment in events. It has three segments Travel business; Vehicle business; Show and event business. The company generates majority of revenue from Travel business. It has presence in Hong Kong, Macau, others of which majority of customers are from Macau.
45GF Score
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