Data as of Sep 5, 2026
EPV per share
489.95 USD
Current price
502.33 USD
Margin of safety
-2.5 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.49 % | 6.49 % | 7.49 % | 8.49 % | 9.49 % |
|---|---|---|---|---|---|
| 19.44 % | 619.05 | 515.22 | 439.12 | 380.95 | 335.03 |
| 20.44 % | 653.72 | 544.55 | 464.53 | 403.37 | 355.09 |
| 21.44 % | 688.39 | 573.88 | 489.95 | 425.79 | 375.14 |
| 22.44 % | 723.06 | 603.21 | 515.36 | 448.21 | 395.20 |
| 23.44 % | 757.73 | 632.54 | 540.77 | 470.63 | 415.26 |
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)
7.49 %
Provider beta (0.61) outside the sanity band [0.70, 1.50]; capped to 0.70 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.
