Question 1

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s WACC?

Accepted Answer

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) has a Weighted Average Cost of Capital (WACC) of 8.20%. This is calculated using a Cost of Equity of 8.53% (via CAPM with a beta of 1.00) and a pre-tax Cost of Debt of 4.50%, with an equity weight of 93.36% in the capital structure.

Question 2

Is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s WACC high or low?

Accepted Answer

ARTISAN PARTNERS ASSET MANAGEMENT INC.'s WACC of 8.20% falls within the typical 8-12% range for mid-cap growth companies. WACC is used as the discount rate in DCF valuations — a lower WACC results in higher present values of future cash flows.

Question 3

How is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s WACC calculated?

Accepted Answer

ARTISAN PARTNERS ASSET MANAGEMENT INC.'s WACC is calculated using the formula: WACC = (E/V × Re) + (D/V × Rd × (1-T)). The Cost of Equity (Re) of 8.53% is derived from the CAPM model using a beta of 1.00. The pre-tax Cost of Debt (Rd) is 4.50%. The capital structure is 93.36% equity and 6.64% debt.

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) — WACC 分析

WACC 构成

解读

ARTISAN PARTNERS ASSET MANAGEMENT INC.（APAM）WACC：8.20%

WACC计算器

ARTISAN PARTNERS ASSET MANAGEMENT INC.（APAM） WACC 解读

APAM 公司分析

APAM DCF 估值

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