Data as of Sep 5, 2026
EPV per share
322.91 USD
Current price
338.74 USD
Margin of safety
-4.9 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.51 % | 6.51 % | 7.51 % | 8.51 % | 9.51 % |
|---|---|---|---|---|---|
| 18.80 % | 406.72 | 338.32 | 288.13 | 249.73 | 219.41 |
| 19.80 % | 430.42 | 358.38 | 305.52 | 265.08 | 233.14 |
| 20.80 % | 454.12 | 378.44 | 322.91 | 280.43 | 246.87 |
| 21.80 % | 477.82 | 398.50 | 340.30 | 295.77 | 260.61 |
| 22.80 % | 501.52 | 418.56 | 357.69 | 311.12 | 274.34 |
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)
7.51 %
Provider beta (0.39) 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.
