Big Cheese StudioWAR:BCS -1.92%66 WACC % is 6.05% as of Jun. 29, 2026, which is 39% below its 10-year median of 9.89. GuruFocus rates WAR:BCS with a GF Score™ of 66/100 and a GF Value™ of zł10.56 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 571 Interactive Media companies, Big Cheese Studio ranks better than 57.97% on this metric.
As of today (2026-06-29), Big Cheese Studio's weighted average cost of capital is 6.05%%. Big Cheese Studio's ROIC % is 2.72% (calculated using TTM income statement data).
Big Cheese Studio 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.
Big Cheese Studio (WAR:BCS) 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, Big Cheese Studio's weighted average cost of capital is 6.05%%. Big Cheese Studio's ROIC % is 2.72% (calculated using TTM income statement data).
Big Cheese Studio 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
Big Cheese Studio WACC % Historical Data
* Premium members only.
The historical data trend for Big Cheese Studio'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 Electronic Gaming & Multimedia subindustry, Big Cheese Studio'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.
Big Cheese Studio WACC % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Big Cheese Studio's WACC % distribution charts can be found below:
* The bar in red indicates where Big Cheese Studio'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, Big Cheese Studio's market capitalization (E) is zł19.042 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, Big Cheese Studio's latest one-year quarterly average Book Value of Debt (D) is zł0.619 Mil.
a) weight of equity = E / (E + D) = 19.042 / (19.042 + 0.619) = 0.9685
b) weight of debt = D / (E + D) = 0.619 / (19.042 + 0.619) = 0.0315
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 5.74%. 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. Big Cheese Studio's beta is -0.1468.
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 = 5.74% + -0.1468 * 6% = 4.8592%
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, Big Cheese Studio's interest expense (positive number) was zł0.265 Mil. Its total Book Value of Debt (D) is zł0.619 Mil.
Cost of Debt = 0.265 / 0.619 = 42.811%.
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 = -0.087 / 0.285 = -30.53%, which is less than 0%. Therefore it's set to 0%.
Big Cheese Studio'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)
=
0.9685
*
4.8592%
+
0.0315
*
42.811%
*
(1 - 0%)
=
6.05%
* 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.
Big Cheese Studio (WAR:BCS) has a WACC % of 6.05% as of Jun. 29, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Big Cheese Studio and its competitors. This is 39% below median its historical median of 9.89. Over the past decade, Big Cheese Studio's WACC % has ranged from 6.03 to 12.59. According to the industry distribution chart, Big Cheese Studio ranks #240 out of 571 companies in the Interactive Media industry, placing it in the top 42%.
Is Big Cheese Studio's WACC % too high?
Big Cheese Studio's current WACC % of 6.05% is 39% below median its 10-year median of 9.89. Over the past 10 years, this metric has ranged from a low of 6.03 to a high of 12.59. The Interactive Media industry median WACC % is 7.10. Big Cheese Studio's value of 6.05% is 14.8% below this industry median. Based on the distribution chart, Big Cheese Studio ranks #240 out of 571 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Big Cheese Studio has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Big Cheese Studio's WACC % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Big Cheese Studio ranks #240 out of 571 companies for WACC %. This puts Big Cheese Studio in the upper half of its industry. The industry median WACC % is 7.10. Big Cheese Studio's value of 6.05% is 14.8% below this benchmark. Historically, Big Cheese Studio's own WACC % has ranged from 6.03 to 12.59 over the past decade. While the company's 10-year median is 9.89 vs. the industry median of 7.10, Big Cheese Studio 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 Interactive Media company?
The median WACC % among Interactive Media companies is 7.10, based on 571 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. Big Cheese Studio's current WACC % of 6.05% is 14.8% 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 Big Cheese Studio and its competitors. For the Interactive Media industry, the median WACC % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Big Cheese Studio's current WACC % is 6.05%, which is 39% below median its own 10-year median of 9.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Cheese Studio stock overvalued right now?
Based on GuruFocus' analysis, Big Cheese Studio (WAR:BCS) is currently considered Possible Value Trap. The stock's GF Value™ is zł10.56, compared to a current price of zł4.61 — trading 56.4% below its estimated fair value. The current WACC % is 6.05%, which is 39% below median its 10-year median of 9.89 and 14.8% below the Interactive Media industry median of 7.10. Big Cheese Studio'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 Big Cheese Studio (WAR:BCS), the current WACC % is 6.05% as of Jun. 29, 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 Big Cheese Studio (WAR:BCS) Overvalued in 2026?
Based on GuruFocus' analysis, Big Cheese Studio stock appears to be undervalued.
The current stock price of zł4.61 is trading 56.4% below its estimated GF Value™ of zł10.56.
GuruFocus considers Big Cheese Studio to be Possible Value Trap.
Key valuation signals for WAR:BCS:
WACC %: 6.05% (39% below median its 10-year median of 9.89)
GF Value™: zł10.56 vs. price of zł4.61 (56.4% below fair value)
Industry Position: 14.8% below the Interactive Media median (#240 of 571)
No single metric tells the full story. See the WAR:BCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Big Cheese Studio SA is engaged in the production of cooking simulator games. Some of its games include Cooking Simulator Cakes and Cookies, Cooking Simulator Chaos Tools, Cooking Simulator Pizza, and Pizza Empire, among others.
66GF Score
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