1.877
Revenue$M
2.247
2.387
2.530
2.684
2.964
3.156
3.366
3.613
3.952
4.300
2.087
7.72%
7.74%
33
10.06
Revenue growth%
14.39
12.25
14.44
14.37
17.15
19.27
16.68
15.46
15.48
14.00
5.94
15.48
14.95
45
27.43
Gross margin%
35.16
37.99
39.29
40.66
40.99
42.79
45.67
48.38
48.78
47.44
29.26
47.44
41.89
20
5.70
Operating margin%
13.88
15.55
14.70
16.13
16.62
19.22
17.80
19.89
18.89
18.99
9.60
18.99
17.21
33
3.13
Net margin%
22.74
25.21
27.65
26.57
28.37
26.24
27.16
29.72
31.64
29.35
5.02
29.35
27.40
55
28.65
P/E ratio (avg)x
40.21
42.31
46.52
50.64
54.98
61.20
59.65
59.83
60.71
69.16
14.30
60.71
57.32
19
34.50
EV/EBITx
7.431
8.114
7.984
7.479
7.805
8.227
8.558
7.660
6.754
7.373
33.60
7.660
7.733
71
27.06
FCF yield (avg)%
11.51
9.65
7.81
10.09
12.01
13.40
13.35
16.27
18.79
19.11
14.22
16.27
12.68
66
11.89
FCF margin%
18.32
21.13
18.78
19.37
18.98
19.56
20.86
22.13
23.52
25.98
6.63
22.13
20.21
77
1.169
FCF / Net incomex
1.693
1.686
1.743
1.958
2.060
2.285
2.552
2.727
3.058
3.390
0.715
2.727
2.173
81
8.78
ROIC%
28.38
26.90
25.34
26.20
25.87
26.56
28.37
25.92
26.30
25.17
6.83
26.30
26.25
24
13.30
Return on equity%
11.60
11.87
10.05
10.71
12.29
11.11
11.75
12.29
11.93
12.50
16.95
11.93
11.81
65
20.89
Return on assets%
10.90
9.07
9.57
9.08
6.70
9.29
11.91
12.69
12.19
12.39
29.36
12.19
10.23
73
0.01
EPS$
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
4.31%
7.62%
—
7.02
EPS growth%
5.07
6.21
4.61
4.44
6.34
5.98
6.81
5.45
3.57
5.33
29.11
5.45
5.39
13
0.01
Bookvalue per sh$
—
—
—
—
—
—
—
—
—
—
—
(4.28%)
(4.57%)
—
—
FCF per share$
—
—
—
—
—
—
—
—
—
—
—
(0.07%)
(2.92%)
—
—
Dividend per sh$
—
—
—
—
—
—
—
—
—
—
—
(3.56%)
(0.82%)
—
24.86
Div yield (avg)%
24.47
26.08
29.00
28.99
26.40
25.04
24.29
24.51
25.46
24.32
17.69
24.51
25.25
70
5.61
Payout ratio%
3.43
1.65
4.09
1.41
0.40
1.14
0.85
0.40
0.40
0.46
14.01
0.46
0.99
60
301.0
Shares (diluted)M
455.3
431.7
405.9
390.9
427.9
487.6
523.0
558.8
643.9
713.7
301.9
10.77%
4.79%
70
11.70
Buyback yield%
2.87
0.64
1.75
1.72
1.18
1.24
0.66
0.40
0.40
0.40
9.43
0.40
0.92
76
0.812
D/E ratiox
1.106
1.100
1.284
1.435
1.664
1.886
1.928
2.083
2.458
2.743
1.687
2.083
1.775
49
2.312
Enterprise value$M
2.735
2.614
2.652
2.930
3.235
3.615
3.707
3.976
4.372
4.169
3.415
5.20%
4.21%
38
2.411
LT debt$M
3.198
3.668
3.855
4.380
4.444
4.542
4.551
4.941
5.428
6.074
2.727
6.45%
7.28%
56
Revenue
$4.300M
7.74%
1.00×
Cost of revenue
$2.454M
8.01%
1.03×
Operating expenses
$0.982M
7.46%
0.97×
Cash and investments
17.41%
Spread over hurdle
(4.13%)