2.937
Revenue€M
3.381
3.412
3.519
3.655
3.776
3.778
3.803
3.920
4.041
4.176
3.184
2.03%
2.32%
49
15.78
Revenue growth%
5.88
2.99
4.41
2.41
0.40
2.99
2.04
3.20
2.84
4.24
8.20
2.99
2.99
64
24.79
Gross margin%
19.12
20.66
19.49
22.22
22.35
25.29
24.76
22.40
19.94
22.85
20.22
22.85
22.28
79
13.01
Operating margin%
24.67
25.05
25.00
25.98
27.21
29.43
30.18
32.33
33.49
31.50
16.99
31.50
28.32
31
18.98
Net margin%
9.46
6.48
7.89
8.67
5.80
3.76
1.38
0.40
0.40
2.20
10.72
1.38
4.78
19
37.48
P/E ratio (avg)x
29.37
32.59
38.96
39.96
40.19
43.21
48.82
54.57
60.84
67.77
17.01
54.57
41.70
28
18.01
EV/EBITx
20.59
20.72
21.53
20.09
22.67
24.87
26.34
27.89
28.76
28.12
26.02
27.89
23.77
61
8.30
FCF yield (avg)%
7.68
5.66
3.13
3.10
0.68
2.15
2.11
0.40
1.54
0.40
29.61
1.54
2.13
72
25.22
FCF margin%
3.73
2.84
5.77
3.34
2.16
0.40
0.40
0.52
1.04
0.40
7.12
0.40
1.60
36
1.554
FCF / Net incomex
1.863
1.967
2.321
2.557
2.882
3.121
3.308
3.351
3.427
4.015
0.310
3.351
3.002
82
16.93
ROIC%
32.34
33.51
34.26
35.58
35.09
36.18
36.78
35.25
36.18
37.71
20.12
36.18
35.41
72
10.59
Return on equity%
23.73
26.23
26.08
28.61
29.10
27.25
29.38
32.14
34.76
36.70
24.54
32.14
28.86
38
25.35
Return on assets%
19.26
17.68
17.47
18.35
16.69
18.26
17.10
18.28
16.17
18.31
21.68
18.26
17.97
41
0.02
EPS€
0.03
0.04
0.04
0.04
0.04
0.05
0.05
0.05
0.05
0.05
0.02
4.86%
5.77%
—
12.78
EPS growth%
12.62
11.82
9.98
9.92
12.89
15.46
14.82
16.01
18.66
17.25
14.17
16.01
13.86
50
0.07
Bookvalue per sh€
0.07
0.06
0.05
0.05
0.05
0.05
0.05
0.04
0.04
0.04
0.06
(7.07%)
(6.47%)
—
0.04
FCF per share€
0.04
0.04
0.04
0.04
0.05
0.04
0.05
0.05
0.04
0.04
0.06
(1.82%)
2.37%
—
0.08
Dividend per sh€
0.04
0.04
0.03
0.04
0.03
0.03
0.02
0.02
0.03
0.02
0.06
(5.95%)
(7.09%)
—
27.94
Div yield (avg)%
18.99
20.78
17.93
19.39
18.88
17.34
15.36
14.66
17.41
15.20
21.20
15.36
17.67
66
14.99
Payout ratio%
31.09
29.70
30.96
28.57
31.17
28.61
30.95
31.03
31.34
31.83
6.77
31.03
30.99
68
30.07
Shares (diluted)M
40.73
38.31
36.79
38.19
36.50
34.97
33.90
37.36
37.20
39.19
30.32
1.43%
(0.36%)
12
20.06
Buyback yield%
10.58
7.59
8.62
6.55
8.06
9.10
9.69
8.21
8.81
8.48
2.93
8.81
8.55
59
0.731
D/E ratiox
0.723
0.838
0.874
0.961
1.068
1.250
1.194
1.296
1.363
1.472
0.876
1.296
1.131
61
2.727
Enterprise value€M
2.221
2.302
2.066
2.028
1.795
1.939
2.111
2.272
2.285
2.287
3.963
4.96%
0.12%
58
2.776
LT debt€M
3.745
3.983
4.118
3.639
3.177
3.275
3.442
2.975
2.895
2.450
2.171
(5.07%)
(3.41%)
13
Revenue
€4.176M
2.32%
1.00×
Cost of revenue
€2.923M
2.32%
1.00×
Operating expenses
€0.824M
2.94%
1.06×
Goodwill & intangibles
16.61%
Cash and investments
14.66%
Spread over hurdle
(5.26%)