Cost of Equity Capital: An Example of Evaluation for Selected Slovene Joint-Stock Companies
用资本资产定价模型（CAPM）评估斯洛文尼亚部分上市公司的股权资本成本，该成本是投资者要求的最低收益率，用于折现预期自由现金流。
The article sheds light on the evaluation of cost of equity, which is important as it determines the minimum yield the investors require on the invested capital. We use the cost of equity as a discount rate to calculate the present value of the expected free cash flows which belongs to the owners of equity capital. In the article, the methodological solutions for the evaluation of the equity capital cost with the CAPM on the Slovene financial market are shown. The Slovene capital market is a developing market with a short time line of available historical data. We evaluate the equity capital cost for selected Slovene companies.