Japan Airport Terminal CoJTTRY 82 WACC % is 3.73% as of Jun. 30, 2026, which is 28% below its 10-year median of 5.15. GuruFocus rates JTTRY with a GF Score™ of 82/100 and a GF Value™ of $17.19 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,025 Transportation companies, Japan Airport Terminal Co ranks better than 85.27% on this metric.
As of today (2026-06-30), Japan Airport Terminal Co's weighted average cost of capital is 3.73%%. Japan Airport Terminal Co's ROIC % is 9.94% (calculated using TTM income statement data).
Japan Airport Terminal Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
For a comprehensive WACC calculation, please access the WACC Calculator.
Japan Airport Terminal Co (OTCPK:JTTRY) 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, Japan Airport Terminal Co's weighted average cost of capital is 3.73%%. Japan Airport Terminal Co's ROIC % is 9.94% (calculated using TTM income statement data).
Japan Airport Terminal Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
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.
* 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 Airports & Air Services subindustry, Japan Airport Terminal 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.
Japan Airport Terminal Co WACC % vs Transportation Industry
For the Transportation industry and Industrials sector, Japan Airport Terminal Co's WACC % distribution charts can be found below:
* The bar in red indicates where Japan Airport Terminal 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, Japan Airport Terminal Co's market capitalization (E) is $2591.674 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, Japan Airport Terminal Co's latest one-year quarterly average Book Value of Debt (D) is $1350.3498 Mil.
a) weight of equity = E / (E + D) = 2591.674 / (2591.674 + 1350.3498) = 0.6574
b) weight of debt = D / (E + D) = 1350.3498 / (2591.674 + 1350.3498) = 0.3426
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 2.65%. 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. Japan Airport Terminal Co's beta is 0.3681.
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 = 2.65% + 0.3681 * 6% = 4.8586%
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, Japan Airport Terminal Co's interest expense (positive number) was $24.142 Mil. Its total Book Value of Debt (D) is $1350.3498 Mil.
Cost of Debt = 24.142 / 1350.3498 = 1.7878%.
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 = 38.06 / 285.923 = 13.31%.
* 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.
Japan Airport Terminal Co (JTTRY) has a WACC % of 3.73% as of Jun. 30, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Japan Airport Terminal Co and its competitors. This is 28% below median its historical median of 5.15. Over the past decade, Japan Airport Terminal Co's WACC % has ranged from 0.90 to 8.77. According to the industry distribution chart, Japan Airport Terminal Co ranks #151 out of 1025 companies in the Transportation industry, placing it in the top 14.7%.
Is Japan Airport Terminal Co's WACC % too high?
Japan Airport Terminal Co's current WACC % of 3.73% is 28% below median its 10-year median of 5.15. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 8.77. The Transportation industry median WACC % is 7.76. Japan Airport Terminal Co's value of 3.73% is 51.9% below this industry median. Based on the distribution chart, Japan Airport Terminal Co ranks #151 out of 1025 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Airport Terminal Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Japan Airport Terminal Co's WACC % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Japan Airport Terminal Co ranks #151 out of 1025 companies for WACC %. This places Japan Airport Terminal Co in the top 15% of its industry — outperforming the majority of peers. The industry median WACC % is 7.76. Japan Airport Terminal Co's value of 3.73% is 51.9% below this benchmark. Historically, Japan Airport Terminal Co's own WACC % has ranged from 0.90 to 8.77 over the past decade. While the company's 10-year median is 5.15 vs. the industry median of 7.76, Japan Airport Terminal 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 Transportation company?
The median WACC % among Transportation companies is 7.76, based on 1,025 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. Japan Airport Terminal Co's current WACC % of 3.73% is 51.9% 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 Japan Airport Terminal Co and its competitors. For the Transportation industry, the median WACC % is 7.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Airport Terminal Co's current WACC % is 3.73%, which is 28% below median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Airport Terminal Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Airport Terminal Co (JTTRY) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.19, compared to a current price of $13.96 — trading 18.8% below its estimated fair value. The current WACC % is 3.73%, which is 28% below median its 10-year median of 5.15 and 51.9% below the Transportation industry median of 7.76. Japan Airport Terminal Co's overall GF Score™ is 82/100 with 5 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 Japan Airport Terminal Co (JTTRY), the current WACC % is 3.73% as of Jun. 30, 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 Japan Airport Terminal Co (JTTRY) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Airport Terminal Co stock appears to be undervalued.
The current stock price of $13.96 is trading 18.8% below its estimated GF Value™ of $17.19.
GuruFocus considers Japan Airport Terminal Co to be Modestly Undervalued.
Key valuation signals for JTTRY:
WACC %: 3.73% (28% below median its 10-year median of 5.15)
GF Value™: $17.19 vs. price of $13.96 (18.8% below fair value)
Industry Position: 51.9% below the Transportation median (#151 of 1025)
No single metric tells the full story. See the JTTRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is engaged in the management and operation of passenger terminals and the provision of related services at airports, mainly Haneda and Narita. The company has three reportable segments: Facility Management and Operation, Merchandise Sales, and Food and Beverage. The Facility Management and Operation segment provides leasing, maintenance, repairs, and terminal operations; the Merchandise Sales segment sells and wholesales products to air passengers and terminal-building companies; and the Food and Beverage segment operates airport and in-flight food services. The company focuses on improving passenger experience and operational resilience through service quality and facility upgrades.
82GF Score
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