diff --git a/include/etl/multi_span.h b/include/etl/multi_span.h
index 8e974ee3..4d93df42 100644
--- a/include/etl/multi_span.h
+++ b/include/etl/multi_span.h
@@ -134,7 +134,7 @@ namespace etl
       //*************************************************************************
       pointer operator ->()
       {
-        return &operator*();
+        return p_value;
       }
 
       //*************************************************************************
@@ -142,7 +142,7 @@ namespace etl
       //*************************************************************************
       const_pointer operator ->() const
       {
-        return &operator*();
+        return p_value;
       }
 
       //*************************************************************************