2.848
Revenue€M
5.733
6.286
6.855
7.363
7.875
8.350
9.050
9.643
10.31
11.21
3.114
7.32%
7.44%
10
22.86
Revenue growth%
26.04
23.88
23.88
25.57
27.64
28.24
26.80
27.13
25.16
25.53
6.57
26.80
25.80
6
23.99
Gross margin%
19.65
17.91
17.49
17.17
17.68
20.14
19.99
21.55
23.38
25.63
23.96
21.55
19.82
11
14.77
Operating margin%
0.66
0.40
0.40
0.40
0.40
0.40
0.40
2.15
4.83
7.01
19.18
2.15
0.40
67
17.29
Net margin%
12.21
12.43
9.66
9.15
11.21
13.10
10.10
9.19
8.08
9.09
29.02
9.19
9.88
43
10.23
P/E ratio (avg)x
48.45
51.04
57.58
64.20
72.10
71.77
79.17
88.09
94.24
94.93
36.04
88.09
71.94
75
19.90
EV/EBITx
10.87
12.60
14.94
15.98
18.80
20.88
20.82
21.20
23.20
26.85
25.90
21.20
19.81
90
4.20
FCF yield (avg)%
24.36
23.25
22.52
23.42
24.03
26.85
26.85
28.56
29.26
31.38
14.46
28.56
25.61
48
25.36
FCF margin%
14.97
17.12
19.43
17.44
17.70
14.71
14.68
12.28
10.49
8.03
26.26
12.28
14.84
65
0.875
FCF / Net incomex
0.770
0.679
0.727
0.663
0.578
0.532
0.544
0.475
0.502
0.542
0.880
0.532
0.561
48
8.64
ROIC%
23.30
20.44
21.62
21.93
24.59
26.87
24.09
22.66
22.99
21.44
8.70
22.99
22.83
57
7.82
Return on equity%
14.23
15.96
16.07
18.41
18.16
17.52
17.91
17.54
20.01
17.68
25.25
17.68
17.61
12
12.46
Return on assets%
26.10
25.45
23.69
24.03
21.52
19.24
18.84
21.66
22.56
25.06
10.29
21.66
23.12
39
0.99
EPS€
1.72
1.95
1.78
1.88
1.99
2.13
2.05
2.17
2.25
2.18
1.08
1.82%
1.83%
—
11.34
EPS growth%
6.80
9.41
6.90
5.34
6.44
4.30
6.28
6.26
3.26
5.39
27.70
5.39
6.27
73
0.44
Bookvalue per sh€
1.36
1.65
1.79
1.98
2.13
2.50
2.94
3.19
3.37
3.81
0.78
12.34%
11.87%
—
0.87
FCF per share€
0.34
0.33
0.34
0.34
0.31
0.27
0.28
0.29
0.28
0.25
0.38
(4.47%)
(3.07%)
—
0.98
Dividend per sh€
2.70
3.19
3.34
3.25
3.39
3.58
3.52
4.04
4.12
4.89
1.35
7.58%
7.74%
—
27.87
Div yield (avg)%
18.16
19.80
20.01
19.90
18.03
20.15
21.62
20.83
19.79
18.24
5.22
20.15
19.85
24
8.63
Payout ratio%
28.44
27.23
25.94
24.39
23.69
24.95
27.33
25.01
24.76
24.47
6.86
24.95
24.98
21
5.314
Shares (diluted)M
8.143
9.083
9.187
9.213
10.19
12.02
11.64
12.29
12.82
13.28
5.327
5.44%
5.56%
55
19.50
Buyback yield%
2.30
3.68
2.95
0.40
0.55
0.94
1.15
0.40
0.40
2.51
12.85
0.94
1.05
56
0.866
D/E ratiox
2.074
2.284
2.761
3.034
3.187
3.443
3.977
3.904
4.267
5.116
1.632
3.977
3.315
68
9.501
Enterprise value€M
6.472
6.586
6.608
6.549
7.343
8.497
9.006
9.483
9.143
9.884
0.435
6.12%
5.07%
84
9.144
LT debt€M
7.981
9.239
9.744
9.162
9.606
11.05
11.49
13.09
12.74
14.02
7.359
7.85%
5.79%
90
Revenue
€11.21M
7.44%
1.00×
Cost of revenue
€6.974M
7.28%
0.99×
Operating expenses
€1.627M
7.84%
1.04×
Property and equipment
18.79%
Goodwill & intangibles
17.69%
Spread over hurdle
21.84%