Aberdeen New Thai Investment Trust PLC (ANW.L) WACC Analysis

As of May 25, 2025, Aberdeen New Thai Investment Trust PLC (ANW.L) carries a Weighted Average Cost of Capital (WACC) of 9.4%. WACC reflects the blended rate Aberdeen New Thai Investment Trust PLC must pay to both equity and debt holders.

Within that, the cost of equity is 8.8%, the cost of debt is 4.0%, and the effective tax rate is 2.3%.

Breakdown of WACC Components

• Long-term bond rate: 2.9% – 3.4%
• Equity market risk premium: 5.3% – 6.3%
• Adjusted beta: 1.09 – 1.16
• Additional risk adjustment: 0.0% – 0.5%
• Debt-to-equity ratio: 0.16

What It Means for Investors

With a selected WACC of 9.4%, Aberdeen New Thai Investment Trust PLC must ensure any new investment returns exceed this threshold to generate shareholder value. This level reflects a moderate financing cost structure.