For financial experts who need precise and verifiable capital costs

THE database for capital costs: All parameters for informed company valuations

Determine capital costs professionally and transparently – with all six individually adjustable parameters from beta factors to base interest rates and market risk premiums to country risk premiums and credit spreads. The smartZebra database provides you with complete capital cost calculations at the push of a button – independent, verifiable, and compliant with international standards

all capital cost parameters individually adjustable and instantly updatable

full transparency of data, methods, and calculation paths

visual representation makes interactions between parameters visible

flexible fine-tuning for every valuation task

trusted by tax authorities and auditing firms

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You will receive full access and we do not collect payment information

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Inaccurate cost of capital jeopardizes the quality of your valuations

Valuation experts regularly determine cost of capital. Many rely on outdated table values, blanket assumptions, or incomplete data sources.

The manual compilation of various parameters from different sources is time-consuming and prone to errors. Additionally, the calculation methods often remain opaque and difficult to trace.

The risk: inaccurate or outdated cost of capital can significantly distort your valuation results and lead to costly discussions during audits, in court, or in M&A processes.

Without a transparent, methodologically sound, and up-to-date data basis, your valuations stand on shaky ground

smartZebra: Reliably determine cost of capital

The smartZebra database offers you a comprehensive, independent solution for all your valuation tasks. With six individually adjustable parameters, you always receive current and methodologically sound cost of capital – fully documented and directly usable for your reports and valuation documents

Quickly and professionally determine cost of capital

Update all parameters with just one click.

Flexible fine-tuning of all components.

Visual representation makes interactions between parameters visible.

Full transparency of data and calculation methods.

With smartZebra, you work efficiently and securely: The database provides you not only with precise cost of capital but also with all background information and calculation details. This way, you meet all requirements and save valuable time

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Areas of Application

Use precise cost of capital for all your valuation tasks – from classic business valuation to complex M&A transactions:

Business Valuations

Purchase Price Allocation

Squeeze-out valuations

Brand valuation

Impairment test

M&A transactions

Precise cost of capital calculation in 3 steps

Determine informed WACC values for your company valuations – methodically correct, transparently documented, and time-saving:

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STEP 1

Configure cost of equity parameters

Fast peer group search via AI-supported search engine

Beta factors, risk-free interest rate, market risk premium and country risk premium

Size premium and company specific risk premium

STEP 2

Calculate cost of debt

Risk-free interest rates for more than 50 countries

Credit spreads based on sector, rating and term

Flexible tax shield settings

STEP 3

Calculate and document WACC

Receive the final weighted average cost of capital

Visual representation of parameter interactions

Save results in PDF format or export to Excel

All cost of capital parameters individually adjustable

With smartZebra, you have full control over each individual parameter of your cost of capital calculation:

Beta factor

Choose between the median or average of the unlevered beta factor of your peer group. Use means and quantiles for additional assessments. Relevering occurs automatically based on the individual debt of your valuation object

Credit spread

Calculate credit spreads for maturities between 1 and 30 years and various ratings. Choose between sector-specific data or the average of all sectors

Risk-free interest rate

Access risk-free base interest rates for more than 50 countries. Set the IDW S1 and KFS/BW1 standards over maturity, risk-free base interest curve, rounding rule, and growth rate for present value interest individually

Market risk premium

Flexibly set the market risk premium. Use the equity risk premium before personal taxes on the CAPM. For Germany, choose between the IDW recommendation range, the KPMG cost of capital study, and the data from Professor Aswath Damodaran

Country risk premium

Decide whether to apply the country risk premium. Use the recognized data from Prof. Damodaran (Stern School of Business, New York University) as a basis

Advantages of the cost of capital database

Determine the cost of capital quickly and professionally

Updating the cost of capital with just one click

Flexible fine-tuning of all parameters

Visual representation makes interactions between parameters visible

Try it for free now

Book your personalized web demo now

In a 60-minute appointment, we will show you all the features of the smartZebra database and how you can use them to quickly and professionally gather data, preferably based on a specific case

Company

Business valuation

Transfer pricing

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