742.4
Revenue€M
616.5
639.2
652.7
657.4
681.4
696.5
727.4
757.4
766.5
784.0
788.9
2.85%
2.87%
51
23.93
Revenue growth%
15.04
15.15
17.66
17.32
14.87
16.98
14.07
11.77
12.90
13.80
3.08
13.80
14.95
74
15.25
Gross margin%
10.17
7.67
7.21
7.42
6.30
8.55
7.99
10.88
8.54
7.40
10.93
8.54
7.83
18
7.23
Operating margin%
26.61
24.31
26.67
25.86
24.16
22.85
24.52
23.65
26.25
26.32
21.85
24.52
25.19
7
11.23
Net margin%
25.81
28.42
30.38
31.97
30.24
30.40
32.23
30.87
32.88
33.27
5.00
32.23
30.64
46
30.42
P/E ratio (avg)x
52.95
51.53
51.47
48.96
55.25
62.56
61.43
58.58
61.17
66.90
34.29
61.43
56.91
10
14.95
EV/EBITx
32.36
31.22
33.54
37.82
43.01
41.72
41.89
46.88
48.56
49.50
15.08
46.88
41.80
83
3.74
FCF yield (avg)%
20.65
18.22
19.66
20.80
22.90
25.14
26.41
24.05
23.65
21.85
24.73
24.05
22.38
90
29.87
FCF margin%
27.90
28.09
26.77
29.70
28.81
30.23
30.48
31.13
31.09
33.70
25.74
31.09
29.96
54
1.693
FCF / Net incomex
1.215
1.205
1.356
1.400
1.575
1.675
1.809
2.062
2.308
2.176
1.476
2.062
1.625
63
19.22
ROIC%
12.81
12.01
9.63
12.43
15.29
14.32
16.94
16.54
18.32
20.83
13.23
16.94
14.80
51
29.76
Return on equity%
13.50
13.53
14.83
12.83
10.13
9.94
9.40
6.93
6.10
5.20
13.88
6.93
10.04
52
25.59
Return on assets%
31.17
30.93
31.18
33.72
31.99
31.39
28.80
26.62
28.75
30.95
6.05
28.80
31.06
7
1.38
EPS€
3.67
3.78
3.68
3.80
4.14
4.50
4.52
4.93
5.47
6.13
1.47
8.16%
6.65%
—
17.25
EPS growth%
19.03
20.77
18.58
18.33
20.12
17.14
18.32
16.32
16.22
16.00
11.42
16.32
18.33
59
2.07
Bookvalue per sh€
0.79
0.84
0.81
0.77
0.79
0.80
0.72
0.78
0.71
0.68
2.17
(2.99%)
(2.49%)
—
1.76
FCF per share€
3.01
3.09
2.91
2.78
2.86
2.91
2.67
2.68
2.86
2.75
0.73
(0.78%)
(1.21%)
—
0.84
Dividend per sh€
1.53
1.60
1.77
1.72
1.92
1.97
2.26
2.14
2.18
2.45
1.22
4.98%
6.41%
—
16.82
Div yield (avg)%
13.52
14.26
11.68
9.58
11.56
11.11
11.78
13.44
13.07
14.54
16.30
13.07
12.42
50
22.36
Payout ratio%
13.59
13.69
15.65
17.98
16.76
14.04
16.48
14.51
14.06
16.02
23.91
14.51
15.08
23
63.89
Shares (diluted)M
58.48
63.05
56.01
50.54
55.96
60.87
55.68
55.72
51.62
51.19
66.25
(1.77%)
(0.75%)
15
22.72
Buyback yield%
9.16
10.91
8.09
7.26
6.30
6.37
3.48
5.96
5.00
3.88
27.17
5.00
6.34
30
0.913
D/E ratiox
0.211
0.189
0.197
0.217
0.206
0.227
0.237
0.210
0.197
0.184
0.475
0.210
0.208
45
178.4
Enterprise value€M
201.2
203.4
208.9
212.8
210.8
211.0
230.5
233.1
248.5
272.9
632.8
5.30%
1.86%
47
579.4
LT debt€M
631.8
638.7
692.9
738.5
792.9
844.3
844.9
875.7
943.7
919.1
225.3
3.00%
3.63%
59
Revenue
€784.0M
2.87%
1.00×
Cost of revenue
€463.9M
2.78%
0.99×
Operating expenses
€95.74M
2.85%
1.00×
Goodwill & intangibles
15.13%
Spread over hurdle
12.66%