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Software Mansion S AWAR:SWM -1.07%38 WACC % is 11.05% as of Aug. 10, 2026, which is 1% below its 10-year median of 11.21. GuruFocus rates WAR:SWM with a GF Score™ of 38/100 and a GF Value™ of zł46.59 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,924 Software companies, Software Mansion S A ranks worse than 69.53% on this metric.
As of today (2026-08-10), Software Mansion S A's weighted average cost of capital is 11.05%%. Software Mansion S A's ROIC % is 44.65% (calculated using TTM income statement data).
Software Mansion S A 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, Software Mansion S A's weighted average cost of capital is 11.05%%. Software Mansion S A's ROIC % is 44.65% (calculated using TTM income statement data).
Software Mansion S A 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.
For the Software - Infrastructure subindustry, Software Mansion S A'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.
Software Mansion S A WACC % vs Software Industry
For the Software industry and Technology sector, Software Mansion S A's WACC % distribution charts can be found below:
* The bar in red indicates where Software Mansion S A'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, Software Mansion S A's market capitalization (E) is zł296.459 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, Software Mansion S A's latest one-year quarterly average Book Value of Debt (D) is zł21.775 Mil.
a) weight of equity = E / (E + D) = 296.459 / (296.459 + 21.775) = 0.9316
b) weight of debt = D / (E + D) = 21.775 / (296.459 + 21.775) = 0.0684
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 5.51%. 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. Software Mansion S A'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 = 5.51% + 1 * 6% = 11.51%
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, Software Mansion S A's interest expense (positive number) was zł1.193 Mil. Its total Book Value of Debt (D) is zł21.775 Mil.
Cost of Debt = 1.193 / 21.775 = 5.4788%.
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 = 1.903 / 16.671 = 11.42%.
Software Mansion S A'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)
=
0.9316
*
11.51%
+
0.0684
*
5.4788%
*
(1 - 11.42%)
=
11.05%
* 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.
Software Mansion S A (WAR:SWM) has a WACC % of 11.05% as of Aug. 10, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Software Mansion S A and its competitors. This is near median its historical median of 11.21. Over the past decade, Software Mansion S A's WACC % has ranged from 11.05 to 11.73. According to the industry distribution chart, Software Mansion S A ranks #2033 out of 2924 companies in the Software industry, placing it in the top 69.5%.
Is Software Mansion S A's WACC % too high?
Software Mansion S A's current WACC % of 11.05% is near median its 10-year median of 11.21. Over the past 10 years, this metric has ranged from a low of 11.05 to a high of 11.73. The Software industry median WACC % is 8.85. Software Mansion S A's value of 11.05% is 24.9% above this industry median. Based on the distribution chart, Software Mansion S A ranks #2033 out of 2924 companies in the Software industry, which is below the industry midpoint. Overall, Software Mansion S A has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Software Mansion S A's WACC % compare to MSFT and ORCL?
According to the Software industry distribution chart, Software Mansion S A ranks #2033 out of 2924 companies for WACC %. This places Software Mansion S A in the lower half of its industry. The industry median WACC % is 8.85. Software Mansion S A's value of 11.05% is 24.9% above this benchmark. Historically, Software Mansion S A's own WACC % has ranged from 11.05 to 11.73 over the past decade. While the company's 10-year median is 11.21 vs. the industry median of 8.85, Software Mansion S A 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 Software company?
The median WACC % among Software companies is 8.85, based on 2,924 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. Software Mansion S A's current WACC % of 11.05% is 24.9% 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 Software Mansion S A and its competitors. For the Software industry, the median WACC % is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Software Mansion S A's current WACC % is 11.05%, which is near median its own 10-year median of 11.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Software Mansion S A stock overvalued right now?
Based on GuruFocus' analysis, Software Mansion S A (WAR:SWM) is currently considered Possible Value Trap. The stock's GF Value™ is zł46.59, compared to a current price of zł27.70 — trading 40.5% below its estimated fair value. The current WACC % is 11.05%, which is near median its 10-year median of 11.21 and 24.9% above the Software industry median of 8.85. Software Mansion S A's overall GF Score™ is 38/100 with 2 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 Software Mansion S A (WAR:SWM), the current WACC % is 11.05% as of Aug. 10, 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 Software Mansion S A (WAR:SWM) Overvalued in 2026?
Based on GuruFocus' analysis, Software Mansion S A stock appears to be undervalued.
The current stock price of zł27.70 is trading 40.5% below its estimated GF Value™ of zł46.59.
GuruFocus considers Software Mansion S A to be Possible Value Trap.
Key valuation signals for WAR:SWM:
WACC %: 11.05% (near median its 10-year median of 11.21)
GF Value™: zł46.59 vs. price of zł27.70 (40.5% below fair value)
Industry Position: 24.9% above the Software median (#2033 of 2924)
No single metric tells the full story. See the WAR:SWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Software Mansion S A is Krakow based software company that deals with solving technological challenges for their clients and developing open-source technologies. It cooperates with a variety of clients, including technological start-ups from Silicon Valley and New York, as well as well-known companies with a stable position on the market. Their portfolio includes projects from industries such as Ed-Tech, Fin-Tech, blockchain, healthcare, e-commerce, multimedia and consumer applications.
38GF Score
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