Data as of Sep 5, 2026
EPV per share
118.89 USD
Current price
136.19 USD
Margin of safety
-14.5 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.44 % | 6.44 % | 7.44 % | 8.44 % | 9.44 % |
|---|---|---|---|---|---|
| 28.32 % | 155.60 | 129.36 | 110.16 | 95.52 | 83.98 |
| 29.32 % | 161.57 | 134.40 | 114.53 | 99.37 | 87.42 |
| 30.32 % | 167.54 | 139.44 | 118.89 | 103.21 | 90.86 |
| 31.32 % | 173.51 | 144.48 | 123.26 | 107.06 | 94.30 |
| 32.32 % | 179.48 | 149.52 | 127.62 | 110.91 | 97.74 |
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)
7.44 %
Provider beta (0.12) 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.