Data as of Sep 5, 2026
EPV per share
467.31 USD
Current price
131.69 USD
Margin of safety
+71.8 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 8.80 % | 9.80 % | 10.80 % | 11.80 % | 12.80 % |
|---|---|---|---|---|---|
| 14.35 % | 472.70 | 465.02 | 458.77 | 453.57 | 449.18 |
| 15.35 % | 477.95 | 469.73 | 463.04 | 457.48 | 452.79 |
| 16.35 % | 483.20 | 474.45 | 467.31 | 461.39 | 456.40 |
| 17.35 % | 488.44 | 479.16 | 471.59 | 465.31 | 460.00 |
| 18.35 % | 493.69 | 483.87 | 475.86 | 469.22 | 463.61 |
The normalized EBIT margin comes from only 4 financial year(s) (2022–2025); below 7 the window may not cover a full cycle and, in a cyclical business, capture only the peak or only the trough.
Amounts in USD.
Capital structure and contribution to WACC
Required rate of return (WACC)
10.80 %
Provider beta (1.51) outside the sanity band [0.70, 1.50]; capped to 1.50 so that a noisy estimator does not govern the EPV.
Cost of debt approximated with the 'net interest and non-operating' residual (EBT−EBIT) of the last financial year; it is not an isolated interest line (it also includes FX and equity-method results), so it is an estimate.
