Data as of Sep 5, 2026
EPV per share
17.04 USD
Current price
28.55 USD
Margin of safety
-67.6 %
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 % |
|---|---|---|---|---|---|
| 19.10 % | 24.54 | 18.61 | 14.38 | 11.20 | 8.73 |
| 20.10 % | 26.40 | 20.16 | 15.71 | 12.37 | 9.77 |
| 21.10 % | 28.26 | 21.72 | 17.04 | 13.53 | 10.80 |
| 22.10 % | 30.12 | 23.27 | 18.37 | 14.69 | 11.84 |
| 23.10 % | 31.99 | 24.82 | 19.70 | 15.86 | 12.87 |
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)
6.81 %
Provider beta (0.28) 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.
