Alkami TechnologyMEX:ALKT 63 WACC % is 8.56% as of Jun. 28, 2026, which is 0% below its 10-year median of 8.59. GuruFocus rates MEX:ALKT with a GF Score™ of 63/100 and a GF Value™ of MXN634.98 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,911 Software companies, Alkami Technology ranks worse than 56.17% on this metric.
As of today (2026-06-28), Alkami Technology's weighted average cost of capital is 8.56%%. Alkami Technology's ROIC % is -5.89% (calculated using TTM income statement data).
Alkami Technology 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.
Alkami Technology (MEX:ALKT) 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, Alkami Technology's weighted average cost of capital is 8.56%%. Alkami Technology's ROIC % is -5.89% (calculated using TTM income statement data).
Alkami Technology 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.
Related Terms
Alkami Technology WACC % Historical Data
* Premium members only.
The historical data trend for Alkami Technology'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.
For the Software - Application subindustry, Alkami Technology'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.
Alkami Technology WACC % vs Software Industry
For the Software industry and Technology sector, Alkami Technology's WACC % distribution charts can be found below:
* The bar in red indicates where Alkami Technology'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, Alkami Technology's market capitalization (E) is MXN30784.135 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, Alkami Technology's latest one-year quarterly average Book Value of Debt (D) is MXN7216.9338 Mil.
a) weight of equity = E / (E + D) = 30784.135 / (30784.135 + 7216.9338) = 0.8101
b) weight of debt = D / (E + D) = 7216.9338 / (30784.135 + 7216.9338) = 0.1899
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 4.376%. 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. Alkami Technology's beta is 0.9255.
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 = 4.376% + 0.9255 * 6% = 9.929%
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, Alkami Technology's interest expense (positive number) was MXN200.892 Mil. Its total Book Value of Debt (D) is MXN7216.9338 Mil.
Cost of Debt = 200.892 / 7216.9338 = 2.7836%.
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 = -26.376 / -939.516 = 2.81%.
Alkami Technology'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)
=
0.8101
*
9.929%
+
0.1899
*
2.7836%
*
(1 - 2.81%)
=
8.56%
* 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.
Alkami Technology (MEX:ALKT) has a WACC % of 8.56% as of Jun. 28, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Alkami Technology and its competitors. This is near median its historical median of 8.59. Over the past decade, Alkami Technology's WACC % has ranged from 3.93 to 9.87. According to the industry distribution chart, Alkami Technology ranks #1635 out of 2911 companies in the Software industry, placing it in the top 56.2%.
Is Alkami Technology's WACC % too high?
Alkami Technology's current WACC % of 8.56% is near median its 10-year median of 8.59. Over the past 10 years, this metric has ranged from a low of 3.93 to a high of 9.87. The Software industry median WACC % is 8.95. Alkami Technology's value of 8.56% is 4.4% below this industry median. Based on the distribution chart, Alkami Technology ranks #1635 out of 2911 companies in the Software industry, which is below the industry midpoint. Overall, Alkami Technology has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alkami Technology's WACC % compare to EVCM and PDFS?
According to the Software industry distribution chart, Alkami Technology ranks #1635 out of 2911 companies for WACC %. This places Alkami Technology in the lower half of its industry. The industry median WACC % is 8.95. Alkami Technology's value of 8.56% is 4.4% below this benchmark. Historically, Alkami Technology's own WACC % has ranged from 3.93 to 9.87 over the past decade. While the company's 10-year median is 8.59 vs. the industry median of 8.95, Alkami Technology 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 Software company?
The median WACC % among Software companies is 8.95, based on 2,911 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. Alkami Technology's current WACC % of 8.56% is 4.4% 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 Alkami Technology and its competitors. For the Software industry, the median WACC % is 8.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alkami Technology's current WACC % is 8.56%, which is near median its own 10-year median of 8.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkami Technology stock overvalued right now?
Based on GuruFocus' analysis, Alkami Technology (MEX:ALKT) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN634.98, compared to a current price of MXN280.43 — trading 55.8% below its estimated fair value. The current WACC % is 8.56%, which is near median its 10-year median of 8.59 and 4.4% below the Software industry median of 8.95. Alkami Technology's overall GF Score™ is 63/100 with 3 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 Alkami Technology (MEX:ALKT), the current WACC % is 8.56% as of Jun. 28, 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 Alkami Technology (MEX:ALKT) Overvalued in 2026?
Based on GuruFocus' analysis, Alkami Technology stock appears to be undervalued.
The current stock price of MXN280.43 is trading 55.8% below its estimated GF Value™ of MXN634.98.
GuruFocus considers Alkami Technology to be Significantly Undervalued.
Key valuation signals for MEX:ALKT:
WACC %: 8.56% (near median its 10-year median of 8.59)
GF Value™: MXN634.98 vs. price of MXN280.43 (55.8% below fair value)
Industry Position: 4.4% below the Software median (#1635 of 2911)
No single metric tells the full story. See the MEX:ALKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alkami Technology Inc is a cloud-based digital banking solutions provider. The company offers the Alkami Digital Sales & Service Platform, which includes a digital banking platform, onboarding and account opening solutions, and data and marketing tools. The platform enables financial institutions to onboard and engage users, support revenue growth, and improve operational efficiency through a cloud-based, multi-tenant architecture. The company provides services to clients under software-as-a-service arrangements. It derives substantially all of its revenues from SaaS subscription services charged for the use of digital sales and service solutions.
63GF Score
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