Lever / unlever beta (Hamada) API

Hamada equation betaL = betaU*(1 + (1-Tc)*D/E) to lever an asset beta to an equity beta or unlever it back, isolating financial-risk from business-risk for comparable-company analysis. Deterministic and auditable. Answers 'lever this beta','unlever a comp beta','adjust beta for a different capital structure'.

Price$0.01per request

MethodPOST

Route/v1/calc/val-beta-lever

StatusLive

MIME typeapplication/json

Rate limit120/minute

CacheNo cache

calcvaluationbetahamadaleveragecapmcomparablesfinance

API URLhttps://x402.hexl.dev/v1/calc/val-beta-lever

Integration docs

Example request

{
  "mode": "lever",
  "beta": 1,
  "debtEquity": 0.5,
  "taxRate": 0.21
}

Example response

{
  "mode": "lever",
  "leveredBeta": 1.395,
  "unleveredBeta": 1,
  "result": 1.395,
  "formula": "betaL = betaU * (1 + (1-Tc)*D/E)  (Hamada)",
  "breakdown": {
    "inputBeta": 1,
    "debtEquity": 0.5,
    "taxRate": 0.21,
    "leverageFactor": 1.395
  }
}

Input schema

{
  "type": "object",
  "required": [
    "mode",
    "beta",
    "debtEquity",
    "taxRate"
  ],
  "properties": {
    "mode": {
      "type": "string",
      "enum": [
        "lever",
        "unlever"
      ]
    },
    "beta": {
      "type": "number",
      "description": "Unlevered beta when levering, levered beta when unlevering",
      "examples": [
        1
      ]
    },
    "debtEquity": {
      "type": "number",
      "description": "Debt-to-equity ratio",
      "examples": [
        0.5
      ]
    },
    "taxRate": {
      "type": "number",
      "examples": [
        0.21
      ]
    }
  }
}

Output schema

{
  "type": "object",
  "additionalProperties": true
}