263.1
Revenue€M
245.2
258.4
275.7
294.3
309.7
326.7
340.8
354.3
376.0
402.4
286.4
5.37%
5.50%
12
23.65
Revenue growth%
26.06
25.65
28.63
30.32
29.06
31.36
30.53
31.59
29.64
32.44
17.84
31.36
29.98
8
24.46
Gross margin%
13.66
12.34
10.77
11.27
12.35
15.04
15.11
16.30
14.16
11.19
9.64
15.04
13.00
38
9.11
Operating margin%
10.16
11.99
10.05
11.46
11.60
11.12
11.03
9.07
11.99
11.86
14.97
11.12
11.29
18
28.22
Net margin%
5.22
4.68
3.48
5.43
3.49
3.85
4.01
2.07
0.40
0.40
18.59
2.07
3.67
70
32.32
P/E ratio (avg)x
33.53
35.55
35.19
35.18
31.90
36.21
38.84
37.83
35.15
39.82
28.67
37.83
35.37
56
36.87
EV/EBITx
13.00
13.24
12.89
12.30
12.59
11.91
11.53
13.05
15.30
17.70
19.08
13.05
12.94
23
27.85
FCF yield (avg)%
1.00
0.40
2.37
5.05
6.72
5.41
3.82
1.54
3.15
3.75
2.62
3.75
3.45
74
24.78
FCF margin%
12.17
12.77
14.52
12.64
11.40
13.85
15.68
17.12
16.14
15.31
18.14
15.68
14.19
21
0.333
FCF / Net incomex
0.164
0.167
0.187
0.208
0.211
0.221
0.250
0.235
0.227
0.228
1.208
0.228
0.216
75
23.84
ROIC%
18.10
17.22
16.05
13.93
13.82
15.20
14.72
16.07
16.95
14.45
6.58
15.20
15.63
47
13.44
Return on equity%
16.62
17.09
19.93
22.78
25.58
25.51
24.22
23.94
25.37
22.75
6.89
24.22
23.36
24
12.95
Return on assets%
23.15
21.84
21.63
20.41
18.69
20.41
17.56
19.63
21.93
19.91
28.69
19.91
20.41
64
2.09
EPS€
2.67
3.04
3.09
3.06
3.15
3.13
3.05
2.91
3.28
3.22
2.29
0.43%
3.00%
—
19.54
EPS growth%
18.51
19.76
20.78
20.36
17.53
19.49
17.26
15.72
17.87
17.92
16.25
17.87
18.21
37
2.76
Bookvalue per sh€
6.71
6.79
7.48
7.77
7.56
8.10
8.26
8.36
9.14
9.56
2.01
4.82%
5.46%
—
1.69
FCF per share€
1.37
1.53
1.57
1.48
1.36
1.23
1.35
1.48
1.44
1.53
2.21
2.43%
0.32%
—
3.59
Dividend per sh€
1.26
1.33
1.50
1.67
1.82
1.84
2.04
2.39
2.50
2.58
0.92
7.21%
8.30%
—
13.67
Div yield (avg)%
11.47
9.49
6.99
5.57
6.75
9.22
9.79
7.12
8.01
8.18
24.51
8.18
8.10
10
7.21
Payout ratio%
21.31
19.18
20.59
20.66
23.61
25.97
25.84
24.90
26.00
28.75
11.38
25.97
24.25
67
99.80
Shares (diluted)M
79.18
74.23
80.91
90.39
85.61
89.06
99.70
113.5
111.3
110.9
97.96
5.31%
3.72%
20
19.57
Buyback yield%
16.10
17.87
16.35
17.82
20.47
21.56
21.62
23.58
22.44
22.43
29.55
22.43
21.02
71
1.604
D/E ratiox
2.948
2.996
3.081
3.547
3.720
3.768
4.226
4.549
4.390
4.154
1.792
4.226
3.744
33
322.9
Enterprise value€M
133.3
145.2
130.9
148.1
145.0
135.9
134.6
136.1
136.6
134.4
140.2
(1.50%)
(0.14%)
52
94.41
LT debt€M
333.8
321.5
355.4
379.5
410.8
399.9
438.8
509.9
592.4
702.7
105.5
11.33%
7.58%
67
Revenue
€402.4M
5.50%
1.00×
Cost of revenue
€281.7M
5.50%
1.00×
Operating expenses
€56.74M
5.34%
0.98×
Goodwill & intangibles
16.74%
Spread over hurdle
(0.88%)