Custodian InvestmentNSA:CUSTODIAN 70 WACC % is 9.91% as of Jul. 06, 2026, which is 8% above its 10-year median of 9.17. GuruFocus rates NSA:CUSTODIAN with a GF Score™ of 70/100 and a GF Value™ of ₦29.23 (Significantly Overvalued). Among 518 Insurance companies, Custodian Investment ranks worse than 58.49% on this metric.
As of today (2026-07-06), Custodian Investment's weighted average cost of capital is 9.91%%. Custodian Investment's ROIC % is 14.56% (calculated using TTM income statement data).
Custodian Investment 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.
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, Custodian Investment's weighted average cost of capital is 9.91%%. Custodian Investment's ROIC % is 14.56% (calculated using TTM income statement data).
Custodian Investment 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 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.
NSA:CUSTODIAN vs BRK.A, AIG, HIG: WACC % Comparison
For the Insurance - Diversified subindustry, Custodian Investment'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.
Custodian Investment WACC % vs Insurance Industry
For the Insurance industry and Financial Services sector, Custodian Investment's WACC % distribution charts can be found below:
* The bar in red indicates where Custodian Investment'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, Custodian Investment's market capitalization (E) is ₦387614.969 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, Custodian Investment's latest one-year quarterly average Book Value of Debt (D) is ₦65277.852 Mil.
a) weight of equity = E / (E + D) = 387614.969 / (387614.969 + 65277.852) = 0.8559
b) weight of debt = D / (E + D) = 65277.852 / (387614.969 + 65277.852) = 0.1441
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 4.465%. 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. Custodian Investment's beta 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.
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 = 4.465% + 1 * 6% = 10.465%
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, Custodian Investment's interest expense (positive number) was ₦4912.623 Mil. Its total Book Value of Debt (D) is ₦65277.852 Mil.
Cost of Debt = 4912.623 / 65277.852 = 7.5257%.
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 = 10648.093 / 87187.069 = 12.21%.
Custodian Investment'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)
=
0.8559
*
10.465%
+
0.1441
*
7.5257%
*
(1 - 12.21%)
=
9.91%
* 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.
Custodian Investment (NSA:CUSTODIAN) has a WACC % of 9.91% as of Jul. 06, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Custodian Investment and its competitors. This is near median its historical median of 9.17. Over the past decade, Custodian Investment's WACC % has ranged from 7.88 to 55.96. According to the industry distribution chart, Custodian Investment ranks #303 out of 518 companies in the Insurance industry, placing it in the top 58.5%.
Is Custodian Investment's WACC % too high?
Custodian Investment's current WACC % of 9.91% is near median its 10-year median of 9.17. Over the past 10 years, this metric has ranged from a low of 7.88 to a high of 55.96. The Insurance industry median WACC % is 9.06. Custodian Investment's value of 9.91% is 9.4% above this industry median. Based on the distribution chart, Custodian Investment ranks #303 out of 518 companies in the Insurance industry, which is below the industry midpoint. Overall, Custodian Investment has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Custodian Investment's WACC % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Custodian Investment ranks #303 out of 518 companies for WACC %. This places Custodian Investment in the lower half of its industry. The industry median WACC % is 9.06. Custodian Investment's value of 9.91% is 9.4% above this benchmark. Historically, Custodian Investment's own WACC % has ranged from 7.88 to 55.96 over the past decade. While the company's 10-year median is 9.17 vs. the industry median of 9.06, Custodian Investment has consistently been above 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 Insurance company?
The median WACC % among Insurance companies is 9.06, based on 518 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. Custodian Investment's current WACC % of 9.91% is 9.4% above 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 Custodian Investment and its competitors. For the Insurance industry, the median WACC % is 9.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Custodian Investment's current WACC % is 9.91%, which is near median its own 10-year median of 9.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Custodian Investment stock overvalued right now?
Based on GuruFocus' analysis, Custodian Investment (NSA:CUSTODIAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦29.23, compared to a current price of ₦65.90 — trading 125.5% above its estimated fair value. The current WACC % is 9.91%, which is near median its 10-year median of 9.17 and 9.4% above the Insurance industry median of 9.06. Custodian Investment's overall GF Score™ is 70/100. 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 Custodian Investment (NSA:CUSTODIAN), the current WACC % is 9.91% as of Jul. 06, 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 Custodian Investment (NSA:CUSTODIAN) Overvalued in 2026?
Based on GuruFocus' analysis, Custodian Investment stock appears to be overvalued.
The current stock price of ₦65.90 is trading 125.5% above its estimated GF Value™ of ₦29.23.
GuruFocus considers Custodian Investment to be Significantly Overvalued.
Key valuation signals for NSA:CUSTODIAN:
WACC %: 9.91% (near median its 10-year median of 9.17)
GF Value™: ₦29.23 vs. price of ₦65.90 (125.5% above fair value)
Industry Position: 9.4% above the Insurance median (#303 of 518)
No single metric tells the full story. See the NSA:CUSTODIAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Custodian Investment PLC is an investment holding company having interests in Life Insurance, General Insurance, Pensions, Trustees, Property and Financial Services Business. Its segments include Property/Casualty Insurance, Life Insurance, Pension Asset Management, Trusteeship/Company Secretary Services, Hospitality, Asset Management, and Property development and management. The majority of the revenue is derived from Property development and management segment.
70GF Score
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