Timex Group IndiaNSE:TIMEX +1.95%66 WACC % is 10.54% as of Jul. 07, 2026, which is 20% below its 10-year median of 13.16. GuruFocus rates NSE:TIMEX with a GF Score™ of 66/100 and a GF Value™ of ₹348.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Timex Group India ranks worse than 57.83% on this metric.
As of today (2026-07-07), Timex Group India's weighted average cost of capital is 10.54%%. Timex Group India's ROIC % is 48.19% (calculated using TTM income statement data).
Timex Group India 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.
Timex Group India (NSE:TIMEX) 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, Timex Group India's weighted average cost of capital is 10.54%%. Timex Group India's ROIC % is 48.19% (calculated using TTM income statement data).
Timex Group India 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.
Related Terms
Timex Group India WACC % Historical Data
* Premium members only.
The historical data trend for Timex Group India'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 Luxury Goods subindustry, Timex Group India'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.
Timex Group India WACC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Timex Group India's WACC % distribution charts can be found below:
* The bar in red indicates where Timex Group India'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, Timex Group India's market capitalization (E) is ₹54089.010 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, Timex Group India's latest one-year quarterly average Book Value of Debt (D) is ₹299.7667 Mil.
a) weight of equity = E / (E + D) = 54089.010 / (54089.010 + 299.7667) = 0.9945
b) weight of debt = D / (E + D) = 299.7667 / (54089.010 + 299.7667) = 0.0055
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 4.523%. 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. Timex Group India'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 = 4.523% + 1 * 6% = 10.523%
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, Timex Group India's interest expense (positive number) was ₹54.9 Mil. Its total Book Value of Debt (D) is ₹299.7667 Mil.
Cost of Debt = 54.9 / 299.7667 = 18.3142%.
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 = 265 / 1019.4 = 26%.
Timex Group India'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)
=
0.9945
*
10.523%
+
0.0055
*
18.3142%
*
(1 - 26%)
=
10.54%
* 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.
Timex Group India (NSE:TIMEX) has a WACC % of 10.54% as of Jul. 07, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Timex Group India and its competitors. This is 20% below median its historical median of 13.16. Over the past decade, Timex Group India's WACC % has ranged from 4.58 to 16.62. According to the industry distribution chart, Timex Group India ranks #657 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 57.8%.
Is Timex Group India's WACC % too high?
Timex Group India's current WACC % of 10.54% is 20% below median its 10-year median of 13.16. Over the past 10 years, this metric has ranged from a low of 4.58 to a high of 16.62. The Retail - Cyclical industry median WACC % is 7.57. Timex Group India's value of 10.54% is 39.2% above this industry median. Based on the distribution chart, Timex Group India ranks #657 out of 1136 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Timex Group India has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Timex Group India's WACC % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Timex Group India ranks #657 out of 1136 companies for WACC %. This places Timex Group India in the lower half of its industry. The industry median WACC % is 7.57. Timex Group India's value of 10.54% is 39.2% above this benchmark. Historically, Timex Group India's own WACC % has ranged from 4.58 to 16.62 over the past decade. While the company's 10-year median is 13.16 vs. the industry median of 7.57, Timex Group India 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 a Retail - Cyclical company?
The median WACC % among Retail - Cyclical companies is 7.57, based on 1,136 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. Timex Group India's current WACC % of 10.54% is 39.2% 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 Timex Group India and its competitors. For the Retail - Cyclical industry, the median WACC % is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Timex Group India's current WACC % is 10.54%, which is 20% below median its own 10-year median of 13.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Timex Group India stock overvalued right now?
Based on GuruFocus' analysis, Timex Group India (NSE:TIMEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹348.35, compared to a current price of ₹534.70 — trading 53.5% above its estimated fair value. The current WACC % is 10.54%, which is 20% below median its 10-year median of 13.16 and 39.2% above the Retail - Cyclical industry median of 7.57. Timex Group India's overall GF Score™ is 66/100 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 Timex Group India (NSE:TIMEX), the current WACC % is 10.54% as of Jul. 07, 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 Timex Group India (NSE:TIMEX) Overvalued in 2026?
Based on GuruFocus' analysis, Timex Group India stock appears to be overvalued.
The current stock price of ₹534.70 is trading 53.5% above its estimated GF Value™ of ₹348.35.
GuruFocus considers Timex Group India to be Significantly Overvalued.
Key valuation signals for NSE:TIMEX:
WACC %: 10.54% (20% below median its 10-year median of 13.16)
GF Value™: ₹348.35 vs. price of ₹534.70 (53.5% above fair value)
Industry Position: 39.2% above the Retail - Cyclical median (#657 of 1136)
No single metric tells the full story. See the NSE:TIMEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Timex Group India Ltd is an Indian company engaged in designing, manufacturing, and marketing timepieces and jewelry and rendering related after-sales services. Geographically, it derives a majority of its revenue from India. The company's brand includes Timex, Helix, and TMX. The company is mainly in the business of manufacturing and trading watches and rendering related after-sales services.
66GF Score
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