Data as of Sep 5, 2026
EPV per share
147.63 USD
Current price
137.13 USD
Margin of safety
+7.1 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.55 % | 6.55 % | 7.55 % | 8.55 % | 9.55 % |
|---|---|---|---|---|---|
| 12.51 % | 175.88 | 146.63 | 125.12 | 108.65 | 95.63 |
| 13.51 % | 191.19 | 159.60 | 136.38 | 118.59 | 104.53 |
| 14.51 % | 206.50 | 172.57 | 147.63 | 128.52 | 113.42 |
| 15.51 % | 221.82 | 185.54 | 158.88 | 138.46 | 122.32 |
| 16.51 % | 237.13 | 198.51 | 170.14 | 148.40 | 131.21 |
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)
7.55 %
Provider beta (0.46) 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.
