Matsui Securities CoMAUSY 60 WACC % is 1.66% as of Jun. 27, 2026, which is 16% below its 10-year median of 1.98. GuruFocus rates MAUSY with a GF Score™ of 60/100 and a GF Value™ of $12.61 (Fairly Valued). The stock has 6 warning signs investors should review. Among 828 Capital Markets companies, Matsui Securities Co ranks better than 95.89% on this metric.
As of today (2026-06-27), Matsui Securities Co's weighted average cost of capital is 1.66%%. Matsui Securities Co's ROIC % is 0.00% (calculated using TTM income statement data).
Matsui Securities 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.
Matsui Securities Co (OTCPK:MAUSY) 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, Matsui Securities Co's weighted average cost of capital is 1.66%%. Matsui Securities Co's ROIC % is 0.00% (calculated using TTM income statement data).
Matsui Securities 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 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 Capital Markets subindustry, Matsui Securities 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.
Matsui Securities Co WACC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Matsui Securities Co's WACC % distribution charts can be found below:
* The bar in red indicates where Matsui Securities 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, Matsui Securities Co's market capitalization (E) is $1545.600 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, Matsui Securities Co's latest one-year quarterly average Book Value of Debt (D) is $2054.311 Mil.
a) weight of equity = E / (E + D) = 1545.600 / (1545.600 + 2054.311) = 0.4293
b) weight of debt = D / (E + D) = 2054.311 / (1545.600 + 2054.311) = 0.5707
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. Matsui Securities Co's beta is 0.0279.
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% + 0.0279 * 6% = 2.8174%
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, Matsui Securities Co's interest expense (positive number) was $23.417 Mil. Its total Book Value of Debt (D) is $2054.311 Mil.
Cost of Debt = 23.417 / 2054.311 = 1.1399%.
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 = 43.805 / 145.314 = 30.15%.
Matsui Securities Co'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)
=
0.4293
*
2.8174%
+
0.5707
*
1.1399%
*
(1 - 30.15%)
=
1.66%
* 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.
Matsui Securities Co (MAUSY) has a WACC % of 1.66% as of Jun. 27, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Matsui Securities Co and its competitors. This is 16% below median its historical median of 1.98. Over the past decade, Matsui Securities Co's WACC % has ranged from 1.24 to 4.79. According to the industry distribution chart, Matsui Securities Co ranks #34 out of 828 companies in the Capital Markets industry, placing it in the top 4.1%.
Is Matsui Securities Co's WACC % too high?
Matsui Securities Co's current WACC % of 1.66% is 16% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 4.79. The Capital Markets industry median WACC % is 9.22. Matsui Securities Co's value of 1.66% is 82% below this industry median. Based on the distribution chart, Matsui Securities Co ranks #34 out of 828 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Matsui Securities Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Matsui Securities Co's WACC % compare to MS and GS?
According to the Capital Markets industry distribution chart, Matsui Securities Co ranks #34 out of 828 companies for WACC %. This places Matsui Securities Co in the top 4% of its industry — outperforming the majority of peers. The industry median WACC % is 9.22. Matsui Securities Co's value of 1.66% is 82% below this benchmark. Historically, Matsui Securities Co's own WACC % has ranged from 1.24 to 4.79 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 9.22, Matsui Securities 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 Capital Markets company?
The median WACC % among Capital Markets companies is 9.22, based on 828 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. Matsui Securities Co's current WACC % of 1.66% is 82% 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 Matsui Securities Co and its competitors. For the Capital Markets industry, the median WACC % is 9.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matsui Securities Co's current WACC % is 1.66%, which is 16% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matsui Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Matsui Securities Co (MAUSY) is currently considered Fairly Valued. The stock's GF Value™ is $12.61, compared to a current price of $12.00 — trading 4.8% below its estimated fair value. The current WACC % is 1.66%, which is 16% below median its 10-year median of 1.98 and 82% below the Capital Markets industry median of 9.22. Matsui Securities Co's overall GF Score™ is 60/100 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 Matsui Securities Co (MAUSY), the current WACC % is 1.66% as of Jun. 27, 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 Matsui Securities Co (MAUSY) Overvalued in 2026?
Based on GuruFocus' analysis, Matsui Securities Co stock appears to be undervalued.
The current stock price of $12.00 is trading 4.8% below its estimated GF Value™ of $12.61.
GuruFocus considers Matsui Securities Co to be Fairly Valued.
Key valuation signals for MAUSY:
WACC %: 1.66% (16% below median its 10-year median of 1.98)
GF Value™: $12.61 vs. price of $12.00 (4.8% below fair value)
Industry Position: 82% below the Capital Markets median (#34 of 828)
No single metric tells the full story. See the MAUSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matsui Securities Co Ltd is a Japanese online securities broker that provides services and trading platform for retail investors. The company's services include cash, margin, futures, and foreign exchange trading. Brokerage commissions and net interest income account for most of Matsui's operating revenue. The company generates the brokerage commissions through equity (cash and margin), futures and options, and foreign exchange transactions. The commissions on equity transactions account for the vast majority of brokerage commission revenue. Net interest income stems from margin and securities lending transaction revenue deducting interest expenses on margin transactions.
60GF Score
Get the complete analysis for MAUSY
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
MAUSY has been successfully added to your 
