CEZ as (CEZ.PR) WACC Analysis

As of May 25, 2025, CEZ as (CEZ.PR) carries a Weighted Average Cost of Capital (WACC) of . WACC reflects the blended rate CEZ as must pay to both equity and debt holders.

Within that, the cost of equity is , the cost of debt is 4.0%, and the effective tax rate is 29.0%.

Breakdown of WACC Components

• Long-term bond rate: 5.9% – 6.4%
• Equity market risk premium: –
• Adjusted beta: 0.55 – 0.66
• Additional risk adjustment: 0.0% – 0.5%
• Debt-to-equity ratio: 0.26

What It Means for Investors

With a selected WACC of , CEZ as must ensure any new investment returns exceed this threshold to generate shareholder value. This level reflects an attractive low cost of capital.