Data as of Sep 5, 2026
EPV per share
151.15 USD
Current price
170.39 USD
Margin of safety
-12.7 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.90 % | 6.90 % | 7.90 % | 8.90 % | 9.90 % |
|---|---|---|---|---|---|
| 16.83 % | 181.79 | 154.77 | 134.60 | 118.95 | 106.47 |
| 17.83 % | 192.87 | 164.25 | 142.87 | 126.30 | 113.07 |
| 18.83 % | 203.95 | 173.72 | 151.15 | 133.64 | 119.68 |
| 19.83 % | 215.03 | 183.20 | 159.42 | 140.99 | 126.28 |
| 20.83 % | 226.11 | 192.67 | 167.70 | 148.34 | 132.88 |
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)
7.90 %
Provider beta (0.55) 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.