Data as of Sep 5, 2026
EPV per share
53.85 USD
Current price
134.84 USD
Margin of safety
-150.4 %
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 % |
|---|---|---|---|---|---|
| 3.32 % | 43.05 | 30.65 | 21.80 | 15.16 | 9.99 |
| 4.32 % | 65.48 | 49.35 | 37.82 | 29.18 | 22.46 |
| 5.32 % | 87.92 | 68.04 | 53.85 | 43.20 | 34.92 |
| 6.32 % | 110.35 | 86.74 | 69.87 | 57.22 | 47.38 |
| 7.32 % | 132.78 | 105.43 | 85.90 | 71.24 | 59.85 |
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.
Computed WACC (6.8 %) 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)
6.79 %
Provider beta (0.65) 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.
