Data as of Sep 5, 2026
EPV per share
372.17 USD
Current price
403.04 USD
Margin of safety
-8.3 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.00 % | 6.00 % | 7.00 % | 8.00 % | 9.00 % |
|---|---|---|---|---|---|
| 2.95 % | 293.46 | 227.21 | 179.90 | 144.41 | 116.81 |
| 3.95 % | 428.05 | 339.37 | 276.03 | 228.53 | 191.58 |
| 4.95 % | 562.64 | 451.53 | 372.17 | 312.65 | 266.35 |
| 5.95 % | 697.23 | 563.69 | 468.31 | 396.77 | 341.13 |
| 6.95 % | 831.82 | 675.85 | 564.44 | 480.89 | 415.90 |
Computed WACC (6.7 %) below the 7 % floor; the floor is applied when discounting the EPV (it avoids a disproportionate value).
Amounts in USD.
Capital structure and contribution to WACC
Required rate of return (WACC)
6.74 %
Provider beta (0.69) 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.
