79.48
Revenue€M
88.51
96.04
105.3
115.1
125.8
132.7
144.8
157.0
169.2
178.7
88.62
7.26%
7.85%
59
18.89
Revenue growth%
24.60
23.90
26.65
24.12
26.85
26.12
28.86
31.76
33.12
30.90
19.75
30.90
26.75
47
2.97
Gross margin%
3.14
4.21
3.65
6.03
3.90
6.22
6.55
4.92
3.82
3.50
22.11
4.92
4.06
23
6.75
Operating margin%
20.45
17.68
18.13
18.96
21.95
24.38
22.12
21.47
20.63
19.54
20.84
21.47
20.54
56
29.85
Net margin%
9.62
10.27
11.84
10.34
9.12
8.37
5.82
6.50
5.37
5.19
16.95
5.82
8.75
76
6.402
P/E ratio (avg)x
33.68
32.48
36.78
36.44
38.23
39.59
42.52
45.84
52.11
57.79
19.45
45.84
38.91
89
19.78
EV/EBITx
17.59
19.19
20.13
22.34
20.68
21.52
19.33
19.69
18.55
17.86
34.42
19.33
19.51
50
3.52
FCF yield (avg)%
4.62
3.34
3.61
6.42
6.04
7.84
8.62
9.07
10.06
11.88
3.06
9.07
7.13
51
7.65
FCF margin%
28.25
26.19
24.35
22.12
19.52
18.23
19.79
18.22
18.27
17.48
11.51
18.23
19.66
28
1.550
FCF / Net incomex
1.216
1.302
1.163
1.171
1.120
1.209
1.265
1.123
1.037
1.100
0.103
1.123
1.167
52
14.27
ROIC%
28.46
26.94
28.95
30.32
27.89
29.72
28.05
28.55
25.80
28.68
20.56
28.55
28.51
39
13.69
Return on equity%
26.73
28.22
30.12
32.05
34.53
36.46
39.01
36.71
37.28
35.82
28.62
36.71
35.17
73
17.06
Return on assets%
19.55
16.93
14.29
16.41
18.05
17.83
16.89
14.29
16.83
19.20
26.51
16.89
16.91
9
0.18
EPS€
0.38
0.35
0.40
0.37
0.35
0.33
0.34
0.34
0.37
0.42
0.20
3.58%
0.78%
—
26.31
EPS growth%
17.95
19.78
18.17
20.78
18.34
19.09
20.10
19.26
21.55
22.38
15.21
20.10
19.52
72
0.45
Bookvalue per sh€
0.46
0.45
0.45
0.47
0.43
0.41
0.42
0.41
0.37
0.35
0.61
(4.00%)
(3.73%)
—
0.63
FCF per share€
0.90
0.94
0.95
1.04
0.93
1.02
1.00
0.92
0.97
1.08
0.12
3.04%
1.65%
—
0.37
Dividend per sh€
0.35
0.32
0.32
0.27
0.28
0.25
0.23
0.23
0.21
0.19
0.15
(7.78%)
(6.05%)
—
15.71
Div yield (avg)%
6.48
7.33
6.29
6.16
5.39
7.00
9.19
9.03
7.50
9.52
29.01
9.03
7.17
54
24.73
Payout ratio%
10.45
10.14
7.78
10.03
7.83
7.21
6.99
8.20
9.37
11.36
5.25
8.20
8.79
92
112.2
Shares (diluted)M
106.7
110.5
108.3
94.86
96.82
88.98
88.74
97.96
94.28
88.20
111.8
(1.85%)
(3.19%)
21
11.39
Buyback yield%
17.97
18.27
17.81
16.43
18.88
16.86
15.17
14.08
15.77
16.67
22.22
15.77
16.76
85
0.834
D/E ratiox
0.240
0.216
0.196
0.217
0.189
0.193
0.197
0.175
0.174
0.152
1.117
0.175
0.195
85
78.49
Enterprise value€M
194.4
190.3
197.2
199.1
195.0
191.8
228.3
250.4
297.0
360.0
18.99
13.04%
8.29%
57
80.29
LT debt€M
168.6
199.0
196.5
230.6
226.5
244.8
236.0
247.6
281.0
324.0
81.84
7.42%
7.42%
63
Revenue
€178.7M
7.85%
1.00×
Cost of revenue
€125.1M
7.85%
1.00×
Operating expenses
€36.88M
7.59%
0.98×
Cash and investments
15.89%
Spread over hurdle
(5.42%)