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Calculando el beta apalancado ββ

βa= βna
( 1+ Deuda
Patrimonio )
βa= 0.93
( 1+ 7,857,518.74
3,968,186.22 )
βa= 0.93 ( 1+ 1.98 )

βa= 0.93 ( 2.98 )

βa= 2.77

Calculando el CAPM
CAPM= 4.91% + 2.77 (10.47%-4.91%)

CAPM= 4.91% + 2.77 (5.56%)

CAPM= 4.91% + 15.40%

CAPM= 20.31%

DETALLE IMPORTE INTERESES C.C CPPC


OBLIG.FINA 5,496,692.45 0.75 3.24% 2.43%
ACC.PERMA 1,267,500.00 0.17 21.81% 3.71%
RESULT.ACU 620,875.80 0.08 22.06% 1.76%
CAP.PERM 7,385,068.25 1.00 7.90%

Calculando NOPAT
NOPAT= -145171.93-295598.52
NOPAT= -440770.45

Capital invertido
ACTIVO TOTAL - PASIVO CTE

26,515,072.36 - 14,689,367.40 -296,785.64


26,515,072.36 - 14,392,581.76
12,122,490.61

OBLIGACIONES FINANCIERAS + PATRIMONIO


296,785.64 + 5,496,692.45 + 3968186.22

9,761,664.31
2,360,826.30
(

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