2.171
Revenue$M
2.259
2.432
2.613
2.830
2.978
3.160
3.404
3.572
3.893
4.090
2.423
6.55%
6.94%
75
25.40
Revenue growth%
20.01
21.21
21.39
18.95
20.18
18.49
20.86
23.02
22.95
20.40
28.34
20.86
20.63
37
19.95
Gross margin%
11.37
11.92
12.76
12.83
13.83
14.61
15.32
15.59
15.17
17.85
3.73
15.32
14.22
50
4.27
Operating margin%
2.99
3.92
6.73
4.25
1.27
0.40
0.78
3.62
4.78
4.58
17.36
3.62
3.77
29
5.94
Net margin%
0.40
0.40
1.62
3.08
3.14
2.93
4.07
4.17
5.00
2.81
2.10
4.07
3.00
58
35.64
P/E ratio (avg)x
16.59
16.36
15.76
18.30
18.22
19.34
19.31
19.88
21.71
25.88
27.55
19.88
18.80
74
29.29
EV/EBITx
20.93
20.22
20.61
20.98
22.53
24.25
25.90
24.09
27.11
29.39
19.44
25.90
23.31
53
24.65
FCF yield (avg)%
28.71
30.88
32.96
33.81
33.22
32.99
32.82
32.36
29.90
30.91
29.41
32.36
32.59
23
19.78
FCF margin%
24.90
26.49
27.94
24.95
27.82
26.31
25.18
26.67
26.50
26.16
5.31
26.31
26.40
60
0.834
FCF / Net incomex
0.630
0.714
0.731
0.877
0.983
1.016
1.127
1.176
1.370
1.404
1.281
1.176
1.000
93
9.05
ROIC%
20.16
19.01
18.09
20.83
19.57
18.57
16.89
15.62
13.10
15.64
8.44
15.64
18.33
49
3.25
Return on equity%
25.23
23.67
25.99
24.90
25.11
23.83
23.77
25.31
24.59
23.94
23.95
23.94
24.74
20
28.82
Return on assets%
10.79
11.11
9.48
9.47
12.11
10.98
8.84
9.61
9.84
11.92
29.63
9.84
10.31
86
—
EPS$
—
—
—
—
—
—
—
—
—
—
—
1.55%
2.71%
—
25.95
EPS growth%
2.85
0.40
0.40
2.30
0.46
0.40
2.68
1.48
0.40
0.42
10.52
0.42
0.44
13
—
Bookvalue per sh$
—
—
—
0.01
0.01
0.01
0.01
0.01
0.01
0.01
—
9.85%
8.43%
—
—
FCF per share$
—
—
—
—
0.01
0.01
0.01
0.01
0.01
0.01
—
2.00%
5.36%
—
—
Dividend per sh$
—
—
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
—
2.63%
4.32%
—
4.75
Div yield (avg)%
10.12
8.22
6.96
5.64
4.26
4.14
2.88
1.44
0.40
0.49
18.85
1.44
4.20
60
9.08
Payout ratio%
20.03
20.50
22.68
20.64
22.93
20.24
23.18
24.36
24.34
24.68
16.54
24.34
22.80
14
494.9
Shares (diluted)M
523.4
492.3
453.8
454.8
502.8
482.5
500.5
517.3
529.0
545.8
478.7
1.66%
1.79%
85
7.35
Buyback yield%
2.15
4.92
2.02
4.63
1.71
0.40
0.40
2.18
3.55
5.03
19.84
2.18
2.16
6
0.227
D/E ratiox
2.927
3.219
3.472
3.945
3.963
4.593
4.726
4.644
4.817
5.006
0.176
4.726
4.278
15
2.382
Enterprise value$M
1.833
2.047
2.102
2.172
2.204
2.240
2.429
2.538
2.600
2.655
2.110
3.79%
5.21%
91
3.392
LT debt$M
0.869
0.938
0.897
0.858
0.983
1.033
1.198
1.195
1.279
1.437
1.188
7.90%
6.84%
52
Revenue
$4.090M
6.94%
1.00×
Cost of revenue
$2.592M
6.98%
1.00×
Operating expenses
$0.574M
6.62%
0.97×
Cash and investments
21.43%
Spread over hurdle
(3.77%)