What is WACC - Weighted Average Cost of Capital

Поделиться
HTML-код
  • Опубликовано: 11 фев 2025
  • Weighted average cost of capital (WACC) is a way to measure the required rate of return of a company. Companies can use it to measure the profitability of a project. Investors can use it in something like discounted cash flow.
    NEW! Access our Investing Website & Private Community: investorsgrow....
    The Trading App I Use (moomoo): j.moomoo.com/0...
    ★☆★ Subscribe: ★☆★
    goo.gl/qkRHDf
    Investing Basics Playlist
    goo.gl/ky7CJq
    Investing Books I like:
    The Intelligent Investor - amzn.to/2PVhfEL
    Common Stocks and Uncommon Profits - amzn.to/2DAV8h9
    Understanding Options - amzn.to/2T9gFSp
    Little Book of Common Sense Investing - amzn.to/2DfFGG2
    How to Value Exchange-Traded Funds - amzn.to/2PWSkRg
    A Great Book on Building Wealth - amzn.to/2T8AKZ1
    Dale Carnegie - amzn.to/2DDAk8w
    Effective Speaking - amzn.to/2DBncAT
    Equipment I Use:
    Microphone - amzn.to/2T7JxL6
    Video Editing Software - amzn.to/2RQM1vE
    Thumbnail Editing Software - amzn.to/2qIUAgP
    Laptop - amzn.to/2T4xA8Z
    DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
    #LearnToInvest #StocksToWatch #StockMarket

Комментарии • 198

  • @ScoutyBoyO
    @ScoutyBoyO 5 лет назад +62

    in the formula, the equity portion (at 3.25 min), do you mean R instead of D? You have r being the required rate of return. Great video.

    • @LearntoInvest
      @LearntoInvest  5 лет назад +39

      You're absolutely correct. I apologize for that. It should have been r not d. I said required rate of return, but for some reason, I put d

    • @waltersalvatore2055
      @waltersalvatore2055 3 года назад

      instablaster...

  • @oliviat978
    @oliviat978 4 года назад +78

    My corporate finance lecturer for my master's didn't explain this even half as good as you did! thank you so much!

    • @ngalawena
      @ngalawena 4 года назад +7

      This is better explained than my Harvard mba professors

  • @Thomas-ow2bm
    @Thomas-ow2bm 5 лет назад +129

    how is that you can explain these things better than my old MBA profs? how is this possible? I mean seriously, a person drops a 100k on an mba and then finds better sources on youtube. wtf. edit: well done, keep it up, thank you

  • @cafiveohsrockbandremix9254
    @cafiveohsrockbandremix9254 3 года назад +22

    I love that you're able to explain WACC better in a 6:30 video than my Intermediate Finance textbook can in 40+ pages. Thank you!

  • @jacintafeng6787
    @jacintafeng6787 4 года назад +2

    Perfectly explained, probably the best WACC explanation u can find on RUclips

  • @giantsquidy3491
    @giantsquidy3491 5 лет назад +7

    Thank you so much. I am in an MBA program and came from a very non-math undergraduate field. This video made everything clear. Profs and finance textbooks can be obscure and cryptic to those not of the math persuasion.

  • @mahmuttumenbatur5632
    @mahmuttumenbatur5632 2 года назад +1

    ı have been watching so many videos since yesterday to prepare myself for the exam, yours is the best one. simple, clear and to the point. well done and thank you

  • @mmiller7203
    @mmiller7203 3 года назад

    I have read three sources on this subject when I should have just come watch your video.....thank you!

  • @printstudio9853
    @printstudio9853 2 года назад +1

    woow..!!!...excellent piece of work bro...well done!!!

  • @levibowles5917
    @levibowles5917 2 года назад +1

    You already got a sub from me. I can't tell you how long I was looking for someone to break this down exactly like you did. Thank you!

  • @nicoleluo6692
    @nicoleluo6692 2 года назад

    This is the best best WACC explanation i have never seen! 👍

  • @olivercooper7556
    @olivercooper7556 3 года назад +3

    It’s incredible how such a complex perceived formula (or at least for me) can be explained so elegantly, what an incredible video!

  • @lukebarmakian3200
    @lukebarmakian3200 2 года назад

    I've been trying to learn DCF forever and this helped so much I know it's not actually about dcf but still thanks!

  • @panagiotisanastasopoulos107
    @panagiotisanastasopoulos107 3 года назад +7

    Half a semester of finance course in ~7 minutes!! Great work!

  • @marceljoshuakannampuzha522
    @marceljoshuakannampuzha522 4 года назад +2

    I have my finance exam in week and this video was absolutely perfect for my learning, thank you very much. Very helpful and broke down a complex topic into its simplest form.

    • @yash3714
      @yash3714 4 года назад

      Same, where u from

  • @funnyvideosglobal1
    @funnyvideosglobal1 3 года назад

    Finally I've found someone who has made more sense of this especially on the Real application of WACC. Wow

  • @LearntoInvest
    @LearntoInvest  6 лет назад +8

    I like using WACC for discounted cash flow valuation. Do you use WACC or do you prefer a different method?

    • @wazup3333
      @wazup3333 5 лет назад +1

      How do you actually apply this with actual financial statements, finding the weight of debt and equity, and calculating the cost of debt when companies have many separate notes payable like convertible debentures that turn into equity..?

  • @jadeling4025
    @jadeling4025 4 года назад +1

    You are the best after I have been searching for this information online for 2 days and one night, seeing so many websites and google explanations. I especially like you telling me where can I find the average cost of debt.

  • @ibrahimmosavi2168
    @ibrahimmosavi2168 3 года назад +2

    You explained way better than my finance professor. Thank you!

  • @sweettwiss1194
    @sweettwiss1194 3 года назад +1

    My CFA length lecture is embarrassing compare to the info you give in one short video. Thank you so much!

  • @sitijamilahnordin4487
    @sitijamilahnordin4487 3 года назад

    you explained better than my MOCA lecturer thank you so much bless you!!!!!!!!!!!!

  • @truenorth8996
    @truenorth8996 4 года назад

    Than you so much. I struggled all evening trying to undesrtand wacc formula.. now its'clear

  • @PPL_Adhi
    @PPL_Adhi 5 месяцев назад

    Clear and conscience. Thanks for explaining the concept of WACC

  • @JosueLopez-jx1th
    @JosueLopez-jx1th 2 года назад

    Very clearly explained - Thanks!

  • @glee1669
    @glee1669 3 года назад +1

    THANK YOU for this! I understand WACC in general and how to compute, but I was missing a clear reasoning of how it was applied back to whether a company should pursue a project of an expected return rate of x%. 🙏!

  • @AIManifesto
    @AIManifesto 4 года назад

    Way better than my professor. These professors complicate everything and spin it into some crazy concept.

  • @giulianonigro774
    @giulianonigro774 Год назад

    Thank you for the video! It's really straightforward and useful to understand the meaning behind the wacc

  • @SurajSharma-kl9vl
    @SurajSharma-kl9vl 11 месяцев назад

    you explained it way better than my acct prof did , thank you

  • @johnzarznia6814
    @johnzarznia6814 6 лет назад +6

    This is a great video! I use WACC sometimes but I often just default to PE because its easier to use. But i wan to get my skills up enough to confidently use WACC.

  • @herryfrd2740
    @herryfrd2740 3 года назад

    best explanation of WACC i've ever heard

  • @aprilbrown9994
    @aprilbrown9994 2 года назад +1

    I LOVE YOU!!! Thanks a million, it’s a damn shame my professor couldn’t break it down like this!!!!

  • @Springdaysbetter
    @Springdaysbetter 5 лет назад +2

    Your explanations were so clear and perfectly understandable
    Thank you so much😊

  • @itsmohdiii3689
    @itsmohdiii3689 5 лет назад +2

    amazing video very educational helped me refresh my memory before an interview as a finance student thank you ...
    guys this is a no bs video amazingly helpfull
    you sir get my like and subscription

  • @_A_343
    @_A_343 3 месяца назад +1

    Excellent example.

  • @owend8956
    @owend8956 5 лет назад +2

    The best tutorial for finance period.

  • @csjames69
    @csjames69 5 лет назад +2

    Easy to understand while doing my MBA studies. Thanks.

  • @Beancounter2014
    @Beancounter2014 5 лет назад +2

    Thanks for the video. It breaks WACC down in a way that is very understandable.

  • @DrSam86
    @DrSam86 5 лет назад +1

    Thank u man..u help me greatly with mba much more than the horrible univ. books.

  • @ShrishtiJaiswal-ci8vz
    @ShrishtiJaiswal-ci8vz 9 дней назад

    Thank you !!!! This helped me souch to understand the concept.

  • @23longbong
    @23longbong 3 года назад

    wow easier to understand than my 2-hour lecture, thank youu

  • @donfrancis1246
    @donfrancis1246 5 лет назад +5

    This video is so useful, I cannot thank you enough.

  • @yizhang6117
    @yizhang6117 4 года назад

    best ever explanation on WACC

  • @bartoszjozefowski7247
    @bartoszjozefowski7247 2 месяца назад

    Great, short and pro explained!

  • @Gar136
    @Gar136 4 года назад +4

    Thank you for helping me prepare for my quiz :)

  • @connertaherian5166
    @connertaherian5166 5 лет назад +2

    Your videos are very well crafted, thanks!

  • @jiveon007
    @jiveon007 4 года назад +1

    Brilliantly explained. Thank you.

  • @knithindas
    @knithindas 5 лет назад

    Hey guys awesome work. Great work. Minimum visual effects made it better. Thanks

  • @jakobherold26
    @jakobherold26 5 лет назад +2

    Perfectly explained, thank you so much! Insane video!

  • @connorgioiafigliu
    @connorgioiafigliu 4 года назад +1

    Really simple explanation, thank you!

  • @kojo6402
    @kojo6402 5 лет назад +5

    thanks so much. please teach more corporate finance related subjects NPV, APV, IRR, WACC, CAPM etc

    • @LearntoInvest
      @LearntoInvest  5 лет назад +3

      Good idea! I'll let you know when I do some more

  • @ozandogacerdem8450
    @ozandogacerdem8450 4 года назад +1

    This is a great video I loved it. Thank you for sharing it. I learned a lot of information.

  • @nazimrahman
    @nazimrahman 4 года назад +1

    wonderfully explained

  • @pingislife2653
    @pingislife2653 4 года назад

    J, thank you for this lesson! It was very useful in better understanding your other video on how to value a stock using DCF.

  • @willfindjr
    @willfindjr 4 года назад

    Great video.. example used was very relevant and easy to understand. please keep the videos coming :-)

  • @sandrajin915
    @sandrajin915 4 года назад

    Super helpful! Thank you so much for this video!

  • @brayaran7370
    @brayaran7370 4 года назад

    Thank you for explaining this. This video is a JEWEL!

  • @emmy8133
    @emmy8133 3 года назад

    Clear explanation! Thanks for sharing.

  • @ChiChi-sw5iu
    @ChiChi-sw5iu 5 лет назад +2

    Great explanation! Thank you for this!

  • @alishlalani2751
    @alishlalani2751 5 лет назад +1

    Business finance final today, this really helped! Also you have a really good voice!

    • @yash3714
      @yash3714 4 года назад

      how did it go?

    • @alishlalani2751
      @alishlalani2751 4 года назад +2

      I aced it!!

    • @yash3714
      @yash3714 4 года назад

      Congrats!! Can you help me with my business finance assessment i have?

  • @Payalmittal04
    @Payalmittal04 4 месяца назад

    Thank you so much for this video 😊

  • @vutony4282
    @vutony4282 4 года назад

    Very easy to understand. Thanks.

  • @kevorod
    @kevorod 3 года назад

    Love this video format!

  • @properoldschool
    @properoldschool 4 года назад

    Thanks so much, you made this easier to understand.

  • @kaushiks87
    @kaushiks87 4 года назад

    Great video. I just found an awesome channel for learning Finance Models!

  • @Intothemarket101
    @Intothemarket101 5 лет назад +1

    Thank you so much for sharing this useful data! Greatly appreciated.

  • @kawardt6784
    @kawardt6784 5 лет назад +5

    If my teacher could explain like you do. My teacher doesnt consider people that doesnt know a thing about finance. First time learning finance, new subject in my first sem, he just keeps talking and talking and I dont even know the terms he's using.

  • @its_me_human6448
    @its_me_human6448 4 года назад +1

    Super valuable video, you are amazing and life changer.

  • @willrogers7308
    @willrogers7308 2 года назад

    brilliant video, thank you so much!

  • @SkaleFreaks
    @SkaleFreaks 4 года назад

    Excellent video! thanks for sharing

  • @ludiogot143
    @ludiogot143 4 года назад

    Thank you for making it simple

  • @cassiusbraganza4658
    @cassiusbraganza4658 Год назад

    Wow, Amazing video bro!

  • @jahorasvictornaibaho7467
    @jahorasvictornaibaho7467 4 года назад +1

    Great explanatuon... I understood about the using WACC

  • @AlexOus
    @AlexOus 5 лет назад +1

    Thanks for your efforts! Great content!

  • @raishutalks8216
    @raishutalks8216 4 года назад +1

    Thank you Jimmy

  • @marianacasas3749
    @marianacasas3749 2 года назад

    thx

  • @tannguyenphucgia
    @tannguyenphucgia 2 года назад

    i'm so confused about the tax part. Can someone please explain it to me? Many thanks.

  • @jagulba
    @jagulba 5 лет назад +1

    Awesome content man... learning so much from you
    Btw what are your favorite models to evaluate a fair price of businesses
    Do you have a video explaining which model should be used for what kind of business?

  • @abuh9400
    @abuh9400 4 года назад

    Nice method on explaining, like it

  • @pravinmakwana3039
    @pravinmakwana3039 5 лет назад +2

    in the formula I make the debt portion of the equation 0.9% not 3% as shown. I think video is excellent though.

  • @mominamus8762
    @mominamus8762 4 года назад

    Great explaination👌👌
    Can you explain what do you meant by discounting cash flows???

  • @tatendampwanyiwa5544
    @tatendampwanyiwa5544 5 лет назад +1

    thank you for video. it is very helpful.

  • @patgreaney4730
    @patgreaney4730 5 месяцев назад

    Please explain how to find the equity value in the WACC calculation. Is it the current market value of all stock in which case it is market capitalization ($/shr x no. of shrs), or is it the stockholders equity which can be found from the balance sheet? These are two very different numbers.

  • @SanderCords1
    @SanderCords1 6 лет назад +1

    This is a very clear video! Thnx!

  • @inspirationalquotesforyou
    @inspirationalquotesforyou 4 года назад

    if you be able to demonstrate where you get the number through the balance sheet, it would be great. By the way, this is the great video .Thank you

  • @amrshahine950
    @amrshahine950 5 лет назад +1

    Thank you its very useful

  • @toneraynger
    @toneraynger 5 лет назад +2

    Hi Jimmy, Great video but could you clearly explain where the 7.9% that fell out of the sky came from... it was all going so well till then... thanks and good job

  • @s.l.6934
    @s.l.6934 2 года назад

    I got lost with the 1 -t. Why do we have to subtract the .25 by 1?

  • @leabenn17
    @leabenn17 5 лет назад

    Thank you. This will help for my exam

  • @andreeamorgociu2541
    @andreeamorgociu2541 4 года назад

    This is awesome, thank you!

  • @argupta15115
    @argupta15115 3 года назад

    Hi Jimmy, love your video on this topic. Can you also do another video explaining the cost of debt in more detail. You mentioned in the video that we can find the cost of debt in the footnotes of the financial statements, can you please give me an example of any company financial statement which has this so I can use that as a reference for my future evaluations.

  • @nicolerodrigues8951
    @nicolerodrigues8951 4 года назад

    Helpful video!! Question: do you have a video explaining HOW a company issues bonds or sells equity. Curious to know how they come to the conclusion to do one or the other.

  • @markmendis5951
    @markmendis5951 4 года назад +4

    Hey, Could you please do a video on the how to find intrinsic value of a company per share basis.

    • @LearntoInvest
      @LearntoInvest  4 года назад +1

      I got you covered ruclips.net/video/fd_emLLzJnk/видео.html 👍🙂

  • @SkylerJames
    @SkylerJames 3 года назад +1

    Now that we seem to be headed into an inflationary environment, I put more WACC focus on my company analyses. Companies with lower costs of capital should be able to weather high inflation better due to their financial stability and theoretically more stable balance sheet.

  • @barberuddin4928
    @barberuddin4928 5 лет назад

    Perfectly explained!

  • @Rajeshkumar-li2dn
    @Rajeshkumar-li2dn 4 года назад +1

    Excellent video 👍👍👍

  • @filippoiguera3224
    @filippoiguera3224 4 года назад

    Fantastic! Thank you

  • @alainat6444
    @alainat6444 5 лет назад +1

    Thank-you!!!!!!!!!! I understand!

  • @gracefultowels3283
    @gracefultowels3283 3 года назад

    Do we even need the Terminal value or just stick to adjusted present value to consider the margin of safety?

  • @Ryan-wf7sh
    @Ryan-wf7sh 5 лет назад

    Great video jimmy, but one important question, where does a mere mortal find the information to input into the formula!?

  • @turboFalcon777
    @turboFalcon777 5 лет назад +1

    Thank you Sir!