199 companies|as of 04/06/2026|gov bond yield: 4.49%|erp: 4.75%|unlevered beta: 0.80|relevered beta: 0.84
Shanghai Luoman Lighting Technologies15.80%
Tutor Perini12.60%
Sterling Infrastructure11.80%
Rail Vikas Nigam11.78%
IES Holdings11.71%
Engineers India11.69%
Técnicas Reunidas11.39%
Hill & Smith11.34%
Comfort Systems USA11.33%
Changzheng Engineering11.29%
Ircon International11.20%
MasTec11.12%
Huadian Heavy Industries11.12%
Waaree Renewable Technologies11.09%
Cemindia Projects11.06%
Suzhou Gold Mantis Construction Decoration10.97%
Maire Tecnimont10.87%
Kier10.71%
Jangho Group10.71%
Hongrun Construction Group10.50%
Dycom Industries10.41%
APi Group10.40%
NBCC (India)10.31%
MYR Group10.27%
China National Chemical Engineering10.20%
RITES10.18%
JAPAN MATERIAL10.08%
NRW Holdings10.05%
Primoris Services10.05%
Fluor10.01%
SRG Global9.90%
Techno Electric & Engineering Company9.90%
Valmont Industries9.90%
Bestway Marine & Energy Technology9.88%
East China Engineering Science and Technology9.84%
Shenzhen SED Industry9.80%
Downer EDI9.79%
China Aluminum International Engineering Corporation9.72%
Skanska9.68%
Keller9.66%
Sinosteel Engineering & Technology9.65%
EMCOR Group9.62%
Guosheng Shian Technology9.62%
Quanta Services9.58%
Granite Construction9.58%
Runjian9.58%
Hainan Development Holdings Nanhai9.56%
Willdan Group9.55%
Sinoma International Engineering9.44%
Aecon Group9.41%
L&K Engineering (Suzhou)9.36%
DOF Group9.35%
Norinco International Cooperation9.34%
Ackermans & Van Haaren9.32%
China Southern Power Grid Technology9.21%
Samsung C&T9.16%
Changjiang & Jinggong Steel Building (Group)9.16%
Xizang Tianlu9.16%
United Integrated Services9.16%
Larsen & Toubro9.14%
Morgan Sindall9.02%
Shanghai Construction Group8.98%
Hyundai Engineering & Construction8.96%
NCC Limited8.93%
DEME Group8.91%
Arcplus8.87%
Yankey Engineering8.85%
Hochtief8.85%
Daewoo Engineering & Construction8.80%
Shanghai Pudong8.80%
Bravida Holding8.80%
NCC AB (publ)8.80%
AtkinsRéalis Group8.79%
KEPCO Engineering & Construction Company8.75%
Peab8.73%
Balfour Beatty8.65%
Monadelphous Group8.63%
Promotora y Operadora de Infraestructura, S. A. B. de C. V8.59%
Tetra Tech8.53%
Black Peony (Group)8.52%
Badger Infrastructure Solutions8.52%
Samsung Engineering8.50%
Arcosa8.49%
Dai-Dan8.48%
China CAMC Engineering8.47%
Arcadis8.45%
Ameresco8.44%
G R Infraprojects8.43%
China Communications Services Corporation8.41%
Sweco8.41%
Shanghai Tongji Science&Technology Industrial8.40%
Webuild8.38%
IRB Infrastructure Developers8.38%
Koninklijke BAM Groep nv8.35%
Voltas8.34%
China Railway Hi-tech Industry Corporation8.30%
Shanghai Geoharbour Construction Group8.29%
CTF Services8.25%
Taikisha8.17%
Hui Lyu Ecological Technology Groups8.14%
Budimex8.14%
Elecnor8.13%
Aecom8.11%
PORR8.08%
Wuhan East Lake High Technology Group8.07%
Veidekke8.06%
ACS, Actividades de Construcción y Servicios8.05%
Bird Construction8.04%
Vinci8.01%
Bilfinger8.01%
Kraftia7.99%
Sumitomo Densetsu7.96%
Argan7.94%
Ferrovial7.89%
SPIE7.88%
Kandenko7.85%
Construction Partners7.85%
Ventia Services Group7.81%
Afry7.81%
SINOPEC Engineering (Group)7.78%
Kinden7.77%
Xinjiang Communications Construction Group7.77%
Kalpataru Projects International7.75%
Shanghai CDXJ Digital Technology7.75%
Stantec7.75%
Zhejiang Communications Technology7.61%
Fugro7.59%
Toenec7.55%
WillScot Holdings7.52%
MAAS Group Holdings7.51%
Acciona7.46%
COMSYS Holdings7.46%
KEC International7.43%
Rosetti Marino7.41%
Strabag7.39%
JGC Holdings7.38%
Beijing Orient Landscape & Environment7.38%
Bouygues7.37%
Nippon Densetsu Kogyo7.36%
Shanghai Tunnel Engineering7.33%
Ruentex Engineering & Construction7.30%
Chiyoda7.29%
AF Gruppen7.26%
DL E&C7.23%
WSP Global7.20%
TOA7.19%
Intracom7.17%
KEPCO Plant Service & Engineering7.09%
Kumagai Gumi7.04%
Per Aarsleff6.98%
Yurtec6.96%
Eiffage6.95%
Worley6.94%
Obayashi6.93%
Burkhalter Holding6.92%
Chudenko6.88%
Kajima6.87%
Taisei6.76%
Zhejiang Construction Investment Group Co.,Ltd6.69%
Shimizu6.66%
MIRAIT ONE6.65%
Shanxi Hi-speed Group6.65%
China Conch Venture Holdings6.62%
Penta-Ocean Construction6.61%
Shaanxi Construction Engineering Group Corporation6.58%
Sichuan Road & Bridge6.58%
EXEO Group6.56%
Sacyr6.53%
SHO-BOND Holdings6.48%
Toyo Construction6.35%
Metallurgical Corporation of China6.34%
GEK TERNA Holdings, Real Estate, Construction6.33%
KBR6.31%
Implenia6.31%
INFRONEER Holdings6.27%
Hwang Chang General Contractor6.25%
Hazama Ando6.20%
Xinte Energy6.19%
China Nuclear Engineering Corporation6.15%
China State Construction International Holdings6.03%
Guangdong Construction Engineering Group5.97%
Envision Greenwise Holdings5.95%
Toda5.90%
Cadeler5.84%
Okumura5.79%
China State Construction Engineering Corporation5.76%
GS Engineering & Construction5.75%
China Energy Engineering Corporation5.60%
China Railway Group5.59%
Shandong Hi-Speed Road and Bridge Group5.48%
Nishimatsu Construction5.45%
China Communications Construction Company5.30%
Power Construction Corporation of China5.25%
Sanki Engineering5.22%
Chongqing Construction Engineering Group Corporation5.22%
Central Holding Group5.08%
China Railway Construction Corporation5.07%
Anhui Construction Engineering Group4.97%
Xinjiang Beixin Road & Bridge Group4.84%
methodology
WACC is calculated as the weighted average of the cost of equity and the after-tax cost of debt, using median unlevered betas (5-year monthly, adjusted via Blume) relevered with median net-debt capital structures via the Hamada equation.
Cost of equity = risk-free rate + relevered beta × equity risk premium. Cost of debt = (risk-free rate + credit spread) × (1 − tax rate).
Data is updated daily. Read our full methodology on the sources page.