Data as of Sep 5, 2026
EPV per share
31.47 USD
Current price
72.05 USD
Margin of safety
-129.0 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.00 % | 6.00 % | 7.00 % | 8.00 % | 9.00 % |
|---|---|---|---|---|---|
| 27.89 % | 47.09 | 35.98 | 28.05 | 22.11 | 17.48 |
| 28.89 % | 49.47 | 37.97 | 29.76 | 23.60 | 18.81 |
| 29.89 % | 51.86 | 39.96 | 31.47 | 25.09 | 20.13 |
| 30.89 % | 54.25 | 41.95 | 33.17 | 26.58 | 21.46 |
| 31.89 % | 56.64 | 43.94 | 34.88 | 28.08 | 22.79 |
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.
Computed WACC (6.8 %) below the 7 % floor; the floor is applied when discounting the EPV (it avoids a disproportionate value).
Amounts in USD.
Capital structure and contribution to WACC
Required rate of return (WACC)
6.81 %
Provider beta (0.58) 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.
