Data as of Sep 5, 2026
EPV per share
-74.09 EUR
Current price
71.50 EUR
Margin of safety
—
Amounts in EUR; per-share values and price in EUR.
This block could not be computed with the available data.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.44 % | 6.44 % | 7.44 % | 8.44 % | 9.44 % |
|---|---|---|---|---|---|
| 24.34 % | -79.61 | -69.00 | -61.24 | -55.32 | -50.65 |
| 25.34 % | -82.42 | -71.38 | -63.30 | -57.13 | -52.27 |
| 26.34 % | -85.23 | -73.75 | -65.35 | -58.94 | -53.89 |
| 27.34 % | -88.04 | -76.12 | -67.40 | -60.75 | -55.51 |
| 28.34 % | -90.85 | -78.49 | -69.46 | -62.56 | -57.13 |
The last financial year with EBIT is 2024, but there is revenue up to 2025: the normalized margin does not pick up the most recent years.
The normalized EBIT margin comes from only 3 financial year(s) (2022–2024); below 7 the window may not cover a full cycle and, in a cyclical business, capture only the peak or only the trough.
The normalized EBIT is negative: no tax shield is applied to the loss and the resulting EPV cannot be read as a value (a company with no current earning power has no positive EPV by definition).
Amounts in EUR.
Capital structure and contribution to WACC
Required rate of return (WACC)
7.44 %
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.
