2.948
Revenue€B
2.778
2.777
2.781
2.775
2.806
2.832
2.929
3.002
2.997
3.101
3.158
2.02%
1.45%
82
4.47
Revenue growth%
0.40
0.40
0.40
0.40
0.40
0.40
2.56
5.29
2.64
1.82
15.22
2.56
0.40
85
27.78
Gross margin%
16.27
15.90
18.69
16.16
16.03
14.29
16.50
15.13
12.30
11.99
15.73
14.29
15.96
59
19.53
Operating margin%
8.91
11.21
13.20
12.66
13.64
13.93
12.66
15.28
14.42
13.96
10.18
13.96
13.42
40
15.18
Net margin%
14.77
13.88
13.88
11.47
12.08
9.37
10.01
9.40
10.88
8.66
19.38
9.40
11.18
79
31.37
P/E ratio (avg)x
8.563
9.162
9.710
8.947
8.503
7.831
8.383
9.475
10.53
10.90
27.34
9.475
9.055
11
34.44
EV/EBITx
7.257
6.938
6.861
6.383
6.095
5.575
5.798
5.089
4.680
4.612
10.94
5.089
5.946
80
19.31
FCF yield (avg)%
22.45
24.08
24.22
23.51
25.29
22.36
22.73
24.23
23.92
25.63
22.84
23.92
24.00
76
27.56
FCF margin%
11.03
11.46
12.07
14.37
15.61
14.01
13.95
15.58
18.06
17.06
26.73
15.58
14.19
68
1.242
FCF / Net incomex
0.999
0.938
0.915
0.820
0.792
0.776
0.745
0.719
0.664
0.717
1.487
0.719
0.784
14
18.01
ROIC%
22.36
22.37
21.27
23.58
25.06
24.86
27.21
29.97
29.96
29.63
28.55
29.63
24.96
36
10.94
Return on equity%
18.09
18.53
16.09
18.18
19.85
22.67
23.59
23.83
23.98
26.58
6.13
23.83
21.26
17
22.47
Return on assets%
23.93
24.38
25.55
27.29
27.90
25.33
24.65
22.09
19.17
17.00
12.76
22.09
24.51
19
5.74
EPS€
8.71
8.64
9.18
9.85
10.63
12.13
11.90
11.18
10.80
10.55
5.88
(0.17%)
3.09%
—
22.11
EPS growth%
18.73
19.85
22.32
22.00
22.03
22.81
22.55
25.32
25.88
28.56
18.10
25.32
22.44
31
6.51
Bookvalue per sh€
0.90
0.96
0.83
0.77
0.78
0.75
0.77
0.68
0.71
0.74
6.48
(1.24%)
(1.85%)
—
7.42
FCF per share€
7.19
6.92
7.51
7.70
8.13
8.80
9.42
9.84
10.08
9.30
6.84
2.73%
2.21%
—
5.38
Dividend per sh€
7.65
7.41
7.12
7.67
8.34
8.08
8.56
10.15
9.87
10.44
1.13
4.59%
3.54%
—
7.21
Div yield (avg)%
25.08
24.62
24.06
25.26
27.95
26.68
28.22
25.55
23.81
21.47
17.50
25.55
25.17
65
2.98
Payout ratio%
11.55
13.08
15.80
16.62
19.09
19.55
18.53
16.35
17.67
19.27
27.74
18.53
17.14
95
174.6
Shares (diluted)M
177.3
167.6
184.3
176.6
163.1
147.4
154.3
158.8
169.0
170.1
170.7
0.85%
(0.64%)
64
18.11
Buyback yield%
9.76
8.86
8.85
9.39
9.26
8.19
9.03
6.13
5.43
5.49
24.81
6.13
8.86
46
0.996
D/E ratiox
1.767
1.823
1.761
2.041
2.238
2.323
2.481
2.835
2.865
2.936
0.288
2.835
2.280
56
2.714
Enterprise value€B
0.293
0.315
0.336
0.342
0.371
0.384
0.379
0.406
0.484
0.535
2.942
7.58%
6.33%
71
2.627
LT debt€B
3.256
3.515
3.812
3.684
3.527
3.683
3.901
3.547
3.092
3.243
1.020
(1.67%)
(0.88%)
17
Revenue
€3.101B
1.45%
1.00×
Cost of revenue
€1.918B
1.42%
1.00×
Operating expenses
€679.1M
1.96%
1.05×
Goodwill & intangibles
18.53%
Spread over hurdle
(2.83%)