Skip to content

The Macerich Company (MAC) — WACC Analysis

WACC Breakdown

The Macerich Company (MAC) has a weighted average cost of capital (WACC) of 7.7%. The cost of equity is 9.2%, derived from a beta of 1.00 and a risk-free rate of 5.0%. The after-tax cost of debt is 5.7%. The capital structure is 56.8% equity and 43.2% debt.

Interpretation

A WACC of 7.7% suggests that the market views The Macerich Company as relatively low-risk, with a lower cost of financing.

Investors can compare MAC's WACC of 7.7% against industry peers to gauge its relative financing costs. A beta of 1.00 reflects the stock's volatility relative to the broader market.

DeepViews
VALUATION

MAC WACC: 7.68% for The Macerich Company

Current inputs imply a 9.19% cost of equity and a 5.69% pre-tax cost of debt. Use this discount rate as a starting point for DCF validation.

[01]Current Market Data
Loading market data...
[02]
WACC Calculation Process
1
Market Data Loaded
2
Company Data Fetched
3
Beta Calculated (5Y)
4
Inputs Auto-Populated
5
WACC Calculated
[03]
Step 2: Enter Ticker Symbol
Quick search:
Step 4: Review Auto-Populated WACC Inputs

Values are automatically populated from real data. You can adjust them manually if needed.

4.30%
1.000
4.23%
5.00%
21.00%
70.00%
Debt: 30.00%Equity: 70.00%

Please enter a valid company ticker to calculate WACC

The Macerich Company Common Stock (MAC) WACC Results
Weighted Average Cost of Capital
7.68%
Cost of Equity
9.19%
Risk-Free Rate4.96%
Beta1.00
Market Risk Premium4.23%
Cost of Debt
5.69%
Pre-Tax Cost of Debt5.69%
Tax Rate0.00%
Tax Shield0.00%
Capital Structure
Equity: 56.79%($6371.58M)
Debt: 43.21%($4848.07M)
Equity Component
5.22%
56.79% × 9.19%
Debt Component
2.46%
43.21% × 5.69%

The Macerich Company (MAC) WACC in context

The Macerich Company (MAC) currently screens with an estimated WACC of 7.68%. That blends a 9.19% cost of equity, a 5.69% pre-tax cost of debt, and a 56.79% equity weight into the discount rate you would typically use in a DCF model.

screens as a relatively low discount rate, which usually supports higher DCF values.

What MAC WACC implies

A 7.68% discount rate screens as a relatively low discount rate, which usually supports higher DCF values.

How this page calculates MAC

This page combines CAPM-based cost of equity with SEC-derived debt and capital structure inputs. The current beta is 1.00 and equity accounts for 56.79% of capital.

What to do next

Validate business quality on the company page, then carry the same discount-rate assumptions into the DCF page to test fair value sensitivity.

Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.