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Onward Opportunities (LSE:ONWD) WACC % :Data Outdated (As of Jun. 23, 2024)


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What is Onward Opportunities WACC %?

As of today (2024-06-23), Onward Opportunities's weighted average cost of capital is Data Outdated%. Onward Opportunities's ROIC % is 0.00% (calculated using TTM income statement data). Onward Opportunities 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.

*Note: The beta of this company cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.

For a comprehensive WACC calculation, please access the WACC Calculator.


Onward Opportunities WACC % Historical Data

The historical data trend for Onward Opportunities'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.

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Onward Opportunities WACC % Chart

Onward Opportunities Annual Data
Trend Dec23
WACC %
-

Onward Opportunities Semi-Annual Data
Jun23
WACC % -

Competitive Comparison of Onward Opportunities's WACC %

For the Asset Management subindustry, Onward Opportunities'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.


Onward Opportunities's WACC % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Onward Opportunities's WACC % distribution charts can be found below:

* The bar in red indicates where Onward Opportunities's WACC % falls into.



Onward Opportunities WACC % Calculation

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)


Onward Opportunities  (LSE:ONWD) 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, Onward Opportunities's weighted average cost of capital is Data Outdated%. Onward Opportunities's ROIC % is 0.00% (calculated using TTM income statement data). Onward Opportunities 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.

*Note: The beta of this company cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.


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

Onward Opportunities (LSE:ONWD) Business Description

Traded in Other Exchanges
N/A
Address
Royal Avenue, 1 Royal Plaza, Saint Peter Port, GGY, GY1 2HL
Onward Opportunities Ltd operates as a non-cellular (closed-ended) company limited by shares. The company's investment objective is to seek to generate risk-adjusted absolute returns for Shareholders through investments in UK smaller companies. Returns are expected to be principally derived from capital growth over a target three to five-year holding period with an appropriate diversification of investment risk.

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