Gas Plus SpA (GSP.MI) WACC Analysis

As of June 15, 2025, Gas Plus SpA (GSP.MI) carries a Weighted Average Cost of Capital (WACC) of 8.3%. WACC reflects the blended rate Gas Plus SpA must pay to both equity and debt holders.

Within that, the cost of equity is 8.6%, the cost of debt is 5.0%, and the effective tax rate is 24.0%.

Breakdown of WACC Components

• Long-term bond rate: 3.7% – 4.2%
• Equity market risk premium: 8.3% – 9.3%
• Adjusted beta: 0.59 – 0.68
• Additional risk adjustment: 0.0% – 0.5%
• Debt-to-equity ratio: 0.32

What It Means for Investors

With a selected WACC of 8.3%, Gas Plus SpA must ensure any new investment returns exceed this threshold to generate shareholder value. This level reflects a moderate financing cost structure.