Cnova NV (CNV.PA) WACC Analysis

As of June 2, 2025, Cnova NV (CNV.PA) carries a Weighted Average Cost of Capital (WACC) of 8.4%. WACC reflects the blended rate Cnova NV must pay to both equity and debt holders.

Within that, the cost of equity is 48.9%, the cost of debt is 4.0%, and the effective tax rate is 7.8%.

Breakdown of WACC Components

• Long-term bond rate: 3.0% – 3.5%
• Equity market risk premium: 5.8% – 6.8%
• Adjusted beta: 7.89 – 13.77
• Additional risk adjustment: 0.0% – 0.5%
• Debt-to-equity ratio: 24.7

What It Means for Investors

With a selected WACC of 8.4%, Cnova NV must ensure any new investment returns exceed this threshold to generate shareholder value. This level reflects a moderate financing cost structure.