1.833
Revenue€M
3.832
4.186
4.552
4.929
5.399
5.851
6.303
6.694
7.161
7.678
1.893
7.30%
8.04%
40
23.58
Revenue growth%
23.72
26.59
25.11
23.99
25.32
27.92
28.06
27.12
27.69
27.30
29.46
27.69
26.86
73
28.50
Gross margin%
13.11
13.66
16.65
17.20
19.20
18.94
16.23
14.15
13.99
15.84
24.90
15.84
16.04
88
2.19
Operating margin%
3.27
1.26
4.02
3.29
3.45
3.00
4.83
3.19
1.94
0.49
4.71
3.00
3.23
39
19.72
Net margin%
28.20
26.79
28.23
29.19
27.88
27.09
26.13
27.53
30.28
27.43
10.81
27.43
27.70
19
11.48
P/E ratio (avg)x
22.85
21.19
23.13
21.33
21.69
18.93
19.50
18.00
18.09
18.13
27.54
18.13
20.34
93
11.25
EV/EBITx
24.34
28.65
29.51
35.35
38.91
44.96
48.16
57.36
62.01
70.56
7.860
57.36
41.93
71
7.59
FCF yield (avg)%
12.07
12.23
13.17
12.23
9.73
10.94
12.60
13.50
11.93
14.57
26.17
12.60
12.23
77
8.52
FCF margin%
10.22
12.11
9.94
11.57
8.79
10.49
9.12
10.28
8.05
6.13
26.32
9.12
10.08
28
1.218
FCF / Net incomex
1.285
1.327
1.322
1.203
1.100
1.072
1.014
1.081
1.218
1.086
1.221
1.081
1.152
87
29.05
ROIC%
3.85
5.18
2.38
4.15
5.60
6.93
5.66
7.68
5.32
6.75
2.49
6.75
5.46
76
26.20
Return on equity%
9.22
10.62
7.67
4.74
4.25
7.06
5.85
4.53
7.22
6.77
13.25
6.77
6.92
42
23.30
Return on assets%
10.51
11.11
9.38
7.88
8.91
10.40
9.54
8.36
10.71
13.27
3.53
10.40
9.97
63
0.35
EPS€
0.68
0.75
0.84
0.92
1.02
0.98
0.95
1.06
1.14
1.13
0.38
2.11%
6.85%
—
10.68
EPS growth%
5.06
3.47
4.61
5.75
3.87
6.85
4.67
7.39
6.93
7.06
4.77
6.93
5.41
27
0.08
Bookvalue per sh€
0.49
0.49
0.50
0.52
0.62
0.61
0.64
0.64
0.67
0.67
0.50
1.57%
5.14%
—
0.43
FCF per share€
0.46
0.50
0.51
0.55
0.59
0.60
0.66
0.74
0.76
0.79
0.32
6.25%
6.42%
—
0.41
Dividend per sh€
0.33
0.31
0.28
0.26
0.28
0.29
0.33
0.34
0.33
0.34
0.11
4.02%
0.74%
—
2.85
Div yield (avg)%
19.25
20.36
17.38
14.82
14.52
12.21
14.51
14.54
14.25
17.18
13.04
14.51
14.68
15
9.67
Payout ratio%
15.15
16.94
14.29
17.01
15.19
16.49
17.56
18.01
15.20
14.47
4.35
16.49
15.85
75
5.315
Shares (diluted)M
5.981
6.494
6.069
5.768
6.339
7.218
7.579
8.546
7.994
7.696
5.371
3.96%
2.77%
44
10.32
Buyback yield%
21.03
18.15
19.42
17.51
18.99
16.40
16.25
13.71
12.71
11.82
2.95
13.71
16.95
72
1.254
D/E ratiox
0.913
0.888
0.872
0.997
1.183
1.296
1.498
1.452
1.571
1.871
1.493
1.498
1.239
64
4.369
Enterprise value€M
2.947
2.804
3.300
3.119
3.276
3.241
3.279
3.152
3.553
4.069
5.340
4.43%
3.79%
44
3.974
LT debt€M
7.523
7.340
7.451
7.317
7.554
8.447
9.298
10.60
10.63
11.28
5.026
8.35%
5.48%
61
Revenue
€7.678M
8.04%
1.00×
Cost of revenue
€3.798M
7.70%
0.97×
Operating expenses
€1.312M
9.00%
1.09×
Goodwill & intangibles
15.90%
Spread over hurdle
35.68%