SKYX (SKYX Platforms) WACC %:8.5% (As of Jul. 24, 2026) — 21% Above Median

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Director of Data and Quant Analytics at GuruFocus
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SKYX SKYX Platforms Corp SKYX
22 GF Score
Price $1.14
! 4 Warning Signs
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What is SKYX Platforms WACC %?

SKYX Platforms SKYX -12.98% 22 WACC % is 8.5% as of Jul. 24, 2026, which is 21% above its 10-year median of 7.01. GuruFocus rates SKYX with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 3,090 Industrial Products companies, SKYX Platforms ranks better than 59.51% on this metric.

As of today (2026-07-24), SKYX Platforms's weighted average cost of capital is 8.5%%. SKYX Platforms's ROIC % is -53.65% (calculated using TTM income statement data). SKYX Platforms 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.


SKYX Platforms  (NAS:SKYX) 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, SKYX Platforms's weighted average cost of capital is 8.5%%. SKYX Platforms's ROIC % is -53.65% (calculated using TTM income statement data). SKYX Platforms 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

SKYX Platforms WACC % Historical Data

* Premium members only.

The historical data trend for SKYX Platforms'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.

SKYX Platforms WACC % Chart

SKYX Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
WACC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.88 -17,045.64 -22,348.84 -20,772.74 6.14

SKYX Platforms Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
WACC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.36 15.35 5.01 6.14 9.51

SKYX vs NEOV, UTKN, TGEN: WACC % Comparison

For the Electrical Equipment & Parts subindustry, SKYX Platforms'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.


SKYX Platforms WACC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKYX Platforms's WACC % distribution charts can be found below:

* The bar in red indicates where SKYX Platforms's WACC % falls into.


SKYX
22GF Score
SKYX Platforms Corp SKYX
WACC % is just one metric. See GF Score™, valuation, warning signs, and more.
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SKYX Platforms 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)

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, SKYX Platforms's market capitalization (E) is $152.639 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, SKYX Platforms's latest one-year quarterly average Book Value of Debt (D) is $37.5924 Mil.
a) weight of equity = E / (E + D) = 152.639 / (152.639 + 37.5924) = 0.8024
b) weight of debt = D / (E + D) = 37.5924 / (152.639 + 37.5924) = 0.1976

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 4.695%. 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. SKYX Platforms's beta is 0.5371.
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 = 4.695% + 0.5371 * 6% = 7.9176%

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, SKYX Platforms's interest expense (positive number) was $4.077 Mil. Its total Book Value of Debt (D) is $37.5924 Mil.
Cost of Debt = 4.077 / 37.5924 = 10.8453%.

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 = 0 / -33.64 = 0%.

SKYX Platforms'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)
=0.8024*7.9176%+0.1976*10.8453%*(1 - 0%)
=8.5%

* 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.

Frequently Asked Questions Learn more about WACC % →
What does a WACC % of 8.5% mean?
SKYX Platforms (SKYX) has a WACC % of 8.5% as of Jul. 24, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on SKYX Platforms and its competitors. This is 21% above median its historical median of 7.01. According to the industry distribution chart, SKYX Platforms ranks #1251 out of 3090 companies in the Industrial Products industry, placing it in the top 40.5%.
Is SKYX Platforms' WACC % too high?
SKYX Platforms' current WACC % of 8.5% is 21% above median its 10-year median of 7.01. The Industrial Products industry median WACC % is 9.69. SKYX Platforms' value of 8.5% is 12.2% below this industry median. Based on the distribution chart, SKYX Platforms ranks #1251 out of 3090 companies in the Industrial Products industry, which is above the industry midpoint. Overall, SKYX Platforms has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does SKYX Platforms' WACC % compare to NEOV and UTKN?
According to the Industrial Products industry distribution chart, SKYX Platforms ranks #1251 out of 3090 companies for WACC %. This puts SKYX Platforms in the upper half of its industry. The industry median WACC % is 9.69. SKYX Platforms' value of 8.5% is 12.2% below this benchmark. While the company's 10-year median is 7.01 vs. the industry median of 9.69, SKYX Platforms 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 an Industrial Products company?
The median WACC % among Industrial Products companies is 9.69, based on 3,090 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. SKYX Platforms's current WACC % of 8.5% is 12.2% 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 SKYX Platforms and its competitors. For the Industrial Products industry, the median WACC % is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SKYX Platforms's current WACC % is 8.5%, which is 21% above median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKYX Platforms stock overvalued right now?
SKYX Platforms (SKYX) has a current WACC % of 8.5%. The current WACC % is 8.5%, which is 21% above median its 10-year median of 7.01 and 12.2% below the Industrial Products industry median of 9.69. SKYX Platforms' overall GF Score™ is 22/100 with 4 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 SKYX Platforms (SKYX), the current WACC % is 8.5% as of Jul. 24, 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.

SKYX Platforms Business Description

Address 2855 West McNab Road, Pompano Beach, FL, USA, 33069
SKYX Platforms Corp operates in the business of developing proprietary technology that enables a quick and safe installation of electrical fixtures, such as light fixtures and ceiling fans. Its technology consists of a weight-bearing, fixable socket and a revolving plug for conducting electric power and supporting an electrical appliance attached to a wall or ceiling. The socket is comprised of a nonconductive body that houses conductive rings connectable to an electric power supply through terminals in its side exterior. The plug is also comprised of a nonconductive body that houses corresponding conductive rings, attaches to the socket via a male post, and is capable of feeding electric power to an appliance. It generates its income from lighting and heating products sold in the USA.
22GF Score

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