FYI, there is no way a 5.04% WACC is right for a sub GBP 200mln market cap.. probably at least 10% which completely wipes out your margin of safety.. Tristel looks like an interesting company but just wanted to point that out.
Yes, I made the mistake of using the country and equity risk premium for the uk as produced by Aswath Damodaran without adding the uk 10 year. Being overly led by the maths.
FYI, there is no way a 5.04% WACC is right for a sub GBP 200mln market cap.. probably at least 10% which completely wipes out your margin of safety.. Tristel looks like an interesting company but just wanted to point that out.
Yes, I made the mistake of using the country and equity risk premium for the uk as produced by Aswath Damodaran without adding the uk 10 year. Being overly led by the maths.