Data as of Sep 5, 2026
EPV per share
111.70 USD
Current price
92.33 USD
Margin of safety
+17.3 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.04 % | 6.04 % | 7.04 % | 8.04 % | 9.04 % |
|---|---|---|---|---|---|
| 12.15 % | 135.24 | 111.80 | 95.03 | 82.43 | 72.63 |
| 13.15 % | 146.88 | 121.52 | 103.37 | 89.73 | 79.12 |
| 14.15 % | 158.53 | 131.24 | 111.70 | 97.03 | 85.61 |
| 15.15 % | 170.17 | 140.95 | 120.04 | 104.33 | 92.10 |
| 16.15 % | 181.82 | 150.67 | 128.37 | 111.63 | 98.59 |
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)
7.04 %
Provider beta (-0.22) 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.
