Data as of Sep 5, 2026
EPV per share
105.18 USD
Current price
211.05 USD
Margin of safety
-100.6 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.43 % | 6.43 % | 7.43 % | 8.43 % | 9.43 % |
|---|---|---|---|---|---|
| 13.41 % | 128.48 | 105.87 | 89.35 | 76.75 | 66.82 |
| 14.41 % | 139.32 | 115.02 | 97.27 | 83.73 | 73.06 |
| 15.41 % | 150.15 | 124.17 | 105.18 | 90.70 | 79.30 |
| 16.41 % | 160.99 | 133.32 | 113.10 | 97.68 | 85.53 |
| 17.41 % | 171.82 | 142.47 | 121.02 | 104.66 | 91.77 |
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)
7.43 %
Provider beta (0.49) 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.
