Data as of Sep 5, 2026
EPV per share
544.94 USD
Current price
378.61 USD
Margin of safety
+30.5 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.20 % | 6.20 % | 7.20 % | 8.20 % | 9.20 % |
|---|---|---|---|---|---|
| 8.84 % | 622.99 | 512.93 | 433.45 | 373.36 | 326.33 |
| 9.84 % | 700.18 | 577.67 | 489.20 | 422.30 | 369.96 |
| 10.84 % | 777.37 | 642.41 | 544.94 | 471.25 | 413.58 |
| 11.84 % | 854.57 | 707.15 | 600.69 | 520.20 | 457.21 |
| 12.84 % | 931.76 | 771.89 | 656.44 | 569.15 | 500.84 |
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)
7.20 %
Provider beta (0.28) 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.
