Question 1

What is Canadian National Railway's WACC?

Accepted Answer

Canadian National Railway (CNI) has a Weighted Average Cost of Capital (WACC) of 7.98%. This is calculated using a Cost of Equity of 8.91% (via CAPM with a beta of 1.00) and a pre-tax Cost of Debt of 4.22%, with an equity weight of 83.24% in the capital structure.

Question 2

Is Canadian National Railway's WACC high or low?

Accepted Answer

Canadian National Railway's WACC of 7.98% is below the typical range of 8-12% for most companies, indicating relatively low cost of capital and lower risk. 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 Canadian National Railway's WACC calculated?

Accepted Answer

Canadian National Railway's WACC is calculated using the formula: WACC = (E/V × Re) + (D/V × Rd × (1-T)). The Cost of Equity (Re) of 8.91% is derived from the CAPM model using a beta of 1.00. The pre-tax Cost of Debt (Rd) is 4.22%. The capital structure is 83.24% equity and 16.76% debt.

Canadian National Railway (CNI) — WACC 分析

WACC 构成

解读

Canadian National Railway（CNI）WACC：7.98%

WACC计算器

Canadian National Railway（CNI） WACC 解读

CNI 公司分析

CNI DCF 估值

继续做同行对比