Data as of Sep 5, 2026
EPV per share
86.78 EUR
Current price
43.88 EUR
Margin of safety
+49.4 %
Amounts in EUR; per-share values and price in EUR.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.62 % | 6.62 % | 7.62 % | 8.62 % | 9.62 % |
|---|---|---|---|---|---|
| 11.47 % | 101.95 | 84.82 | 72.19 | 62.49 | 54.81 |
| 12.47 % | 111.83 | 93.22 | 79.49 | 68.94 | 60.59 |
| 13.47 % | 121.72 | 101.61 | 86.78 | 75.39 | 66.36 |
| 14.47 % | 131.61 | 110.00 | 94.07 | 81.83 | 72.14 |
| 15.47 % | 141.49 | 118.40 | 101.36 | 88.28 | 77.92 |
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 EUR.
Capital structure and contribution to WACC
Required rate of return (WACC)
7.62 %
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.