Data as of Sep 5, 2026
EPV per share
111.18 USD
Current price
164.55 USD
Margin of safety
-48.0 %
Amounts in USD; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.72 % | 6.72 % | 7.72 % | 8.72 % | 9.72 % |
|---|---|---|---|---|---|
| 14.03 % | 132.49 | 111.82 | 96.51 | 84.71 | 75.33 |
| 15.03 % | 142.39 | 120.25 | 103.85 | 91.20 | 81.16 |
| 16.03 % | 152.29 | 128.68 | 111.18 | 97.70 | 86.99 |
| 17.03 % | 162.19 | 137.11 | 118.52 | 104.19 | 92.81 |
| 18.03 % | 172.09 | 145.53 | 125.86 | 110.69 | 98.64 |
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)
7.72 %
Provider beta (0.17) 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.
