As of today (2026-07-02), Evergreen Aviation Technologies's weighted average cost of capital is 9.68%%. Evergreen Aviation Technologies's ROIC % is 15.54% (calculated using TTM income statement data).
Evergreen Aviation Technologies 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, Evergreen Aviation Technologies's weighted average cost of capital is 9.68%%. Evergreen Aviation Technologies's ROIC % is 15.54% (calculated using TTM income statement data).
Evergreen Aviation Technologies 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
Evergreen Aviation Technologies WACC % Historical Data
* 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 Aerospace & Defense subindustry, Evergreen Aviation Technologies'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.
Evergreen Aviation Technologies WACC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Evergreen Aviation Technologies's WACC % distribution charts can be found below:
* The bar in red indicates where Evergreen Aviation Technologies'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, Evergreen Aviation Technologies's market capitalization (E) is NT$76412.476 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 Dec. 2025, Evergreen Aviation Technologies's latest one-year quarterly average Book Value of Debt (D) is NT$7490.6846 Mil.
a) weight of equity = E / (E + D) = 76412.476 / (76412.476 + 7490.6846) = 0.9107
b) weight of debt = D / (E + D) = 7490.6846 / (76412.476 + 7490.6846) = 0.0893
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 4.485%. 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. Evergreen Aviation Technologies'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 = 4.485% + 1 * 6% = 10.485%
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 Dec. 2025, Evergreen Aviation Technologies's interest expense (positive number) was NT$136.949 Mil. Its total Book Value of Debt (D) is NT$7490.6846 Mil.
Cost of Debt = 136.949 / 7490.6846 = 1.8283%.
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 = 518.538 / 2563.294 = 20.23%.
* 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.
Evergreen Aviation Technologies (TPE:2645) has a WACC % of 9.68% as of Jul. 02, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Evergreen Aviation Technologies and its competitors. This is 16% above median its historical median of 8.38. Over the past decade, Evergreen Aviation Technologies' WACC % has ranged from 0.58 to 9.44. According to the industry distribution chart, Evergreen Aviation Technologies ranks #164 out of 359 companies in the Aerospace & Defense industry, placing it in the top 45.7%.
Is Evergreen Aviation Technologies' WACC % too high?
Evergreen Aviation Technologies' current WACC % of 9.68% is 16% above median its 10-year median of 8.38. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 9.44. The Aerospace & Defense industry median WACC % is 9.82. Evergreen Aviation Technologies' value of 9.68% is 1.4% below this industry median. Based on the distribution chart, Evergreen Aviation Technologies ranks #164 out of 359 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Evergreen Aviation Technologies has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Aviation Technologies' WACC % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Evergreen Aviation Technologies ranks #164 out of 359 companies for WACC %. This puts Evergreen Aviation Technologies in the upper half of its industry. The industry median WACC % is 9.82. Evergreen Aviation Technologies' value of 9.68% is 1.4% below this benchmark. Historically, Evergreen Aviation Technologies' own WACC % has ranged from 0.58 to 9.44 over the past decade. While the company's 10-year median is 8.38 vs. the industry median of 9.82, Evergreen Aviation Technologies 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 Aerospace & Defense company?
The median WACC % among Aerospace & Defense companies is 9.82, based on 359 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. Evergreen Aviation Technologies's current WACC % of 9.68% is 1.4% 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 Evergreen Aviation Technologies and its competitors. For the Aerospace & Defense industry, the median WACC % is 9.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Aviation Technologies's current WACC % is 9.68%, which is 16% above median its own 10-year median of 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Aviation Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Aviation Technologies (TPE:2645) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$139.41, compared to a current price of NT$204.00 — trading 46.3% above its estimated fair value. The current WACC % is 9.68%, which is 16% above median its 10-year median of 8.38 and 1.4% below the Aerospace & Defense industry median of 9.82. Evergreen Aviation Technologies' overall GF Score™ is 69/100 with 1 warning sign 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 Evergreen Aviation Technologies (TPE:2645), the current WACC % is 9.68% as of Jul. 02, 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 Evergreen Aviation Technologies (TPE:2645) Overvalued in 2026?
Based on GuruFocus' analysis, Evergreen Aviation Technologies stock appears to be overvalued.
The current stock price of NT$204.00 is trading 46.3% above its estimated GF Value™ of NT$139.41.
GuruFocus considers Evergreen Aviation Technologies to be Significantly Overvalued.
Key valuation signals for TPE:2645:
WACC %: 9.68% (16% above median its 10-year median of 8.38)
GF Value™: NT$139.41 vs. price of NT$204.00 (46.3% above fair value)
Industry Position: 1.4% below the Aerospace & Defense median (#164 of 359)
No single metric tells the full story. See the TPE:2645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evergreen Aviation Technologies Business Description
Evergreen Aviation Technologies Corp activities are maintenance, repair and overhaul of airframes, aircraft engines and accessories; manufacture, conversion and sale of airframes and engine parts; technical and management consulting for the preceding items; import and export of the preceding items; civil aviation personnel training; and airport ground handling service. It has two reportable segments Maintenance segment: maintenance of airframes, aircraft engines and accessories; and Manufacturing segment: manufacturing, processing and selling of aircraft engines and accessories. It generates majority of revenue from Maintenance segment. It has presence in Taiwan, Asia, North America, and Europe. The company generates majority of revenue from Taiwan.
69GF Score
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