Baker Steel Resources TrustLSE:BSRT +0.79%32 WACC % is 2.65% as of Jul. 04, 2026, which is 61% below its 10-year median of 6.78. GuruFocus rates LSE:BSRT with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,650 Asset Management companies, Baker Steel Resources Trust ranks better than 90.85% on this metric.
As of today (2026-07-04), Baker Steel Resources Trust's weighted average cost of capital is 2.65%%. Baker Steel Resources Trust's ROIC % is 0.00% (calculated using TTM income statement data).
Baker Steel Resources Trust 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, Baker Steel Resources Trust's weighted average cost of capital is 2.65%%. Baker Steel Resources Trust's ROIC % is 0.00% (calculated using TTM income statement data).
Baker Steel Resources Trust 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
Baker Steel Resources Trust 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 Asset Management subindustry, Baker Steel Resources Trust'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.
Baker Steel Resources Trust WACC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Baker Steel Resources Trust's WACC % distribution charts can be found below:
* The bar in red indicates where Baker Steel Resources Trust'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, Baker Steel Resources Trust's market capitalization (E) is £133.716 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, Baker Steel Resources Trust's latest one-year semi-annual average Book Value of Debt (D) is £0 Mil.
a) weight of equity = E / (E + D) = 133.716 / (133.716 + 0) = 1
b) weight of debt = D / (E + D) = 0 / (133.716 + 0) = 0
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 4.485%. 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. Baker Steel Resources Trust's beta is -0.3051.
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 = 4.485% + -0.3051 * 6% = 2.6544%
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, Baker Steel Resources Trust's interest expense (positive number) was £-0 Mil. Its total Book Value of Debt (D) is £0 Mil.
Cost of Debt = -0 / 0 = %.
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 / 50.432 = 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.
Baker Steel Resources Trust (LSE:BSRT) has a WACC % of 2.65% as of Jul. 04, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Baker Steel Resources Trust and its competitors. This is 61% below median its historical median of 6.78. Over the past decade, Baker Steel Resources Trust's WACC % has ranged from 2.43 to 12.25. According to the industry distribution chart, Baker Steel Resources Trust ranks #151 out of 1650 companies in the Asset Management industry, placing it in the top 9.2%.
Is Baker Steel Resources Trust's WACC % too high?
Baker Steel Resources Trust's current WACC % of 2.65% is 61% below median its 10-year median of 6.78. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 12.25. The Asset Management industry median WACC % is 5.69. Baker Steel Resources Trust's value of 2.65% is 53.4% below this industry median. Based on the distribution chart, Baker Steel Resources Trust ranks #151 out of 1650 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Baker Steel Resources Trust has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Baker Steel Resources Trust's WACC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Baker Steel Resources Trust ranks #151 out of 1650 companies for WACC %. This places Baker Steel Resources Trust in the top 9% of its industry — outperforming the majority of peers. The industry median WACC % is 5.69. Baker Steel Resources Trust's value of 2.65% is 53.4% below this benchmark. Historically, Baker Steel Resources Trust's own WACC % has ranged from 2.43 to 12.25 over the past decade. While the company's 10-year median is 6.78 vs. the industry median of 5.69, Baker Steel Resources Trust 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 an Asset Management company?
The median WACC % among Asset Management companies is 5.69, based on 1,650 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. Baker Steel Resources Trust's current WACC % of 2.65% is 53.4% 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 Baker Steel Resources Trust and its competitors. For the Asset Management industry, the median WACC % is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baker Steel Resources Trust's current WACC % is 2.65%, which is 61% below median its own 10-year median of 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baker Steel Resources Trust stock overvalued right now?
Baker Steel Resources Trust (LSE:BSRT) has a current WACC % of 2.65%. The current WACC % is 2.65%, which is 61% below median its 10-year median of 6.78 and 53.4% below the Asset Management industry median of 5.69. Baker Steel Resources Trust's overall GF Score™ is 32/100 with 4 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 Baker Steel Resources Trust (LSE:BSRT), the current WACC % is 2.65% as of Jul. 04, 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.
Baker Steel Resources Trust Ltd is engaged in the financial services domain. It is a closed-ended investment company seeking capital growth over the long term through a focused global portfolio consisting principally of the equities, loans or related instruments. The company is mainly concerned with investing in the natural resource industry. It invests predominantly in unlisted companies, and also in listed securities with a view to exploiting value inherent in market inefficiencies and pricing anomalies. The company operates in single segment i.e. investing in natural resources companies.
32GF Score
Get the complete analysis for LSE:BSRT
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
LSE:BSRT has been successfully added to your 
