280.8
Revenue$M
180.0
191.4
206.6
221.3
242.7
267.4
296.7
321.9
348.3
385.8
288.9
9.71%
8.74%
34
23.81
Revenue growth%
17.89
15.14
17.50
20.15
20.09
22.63
24.28
26.57
24.89
25.70
22.05
24.89
21.39
13
27.35
Gross margin%
21.34
22.50
22.29
22.00
22.53
20.62
21.09
20.91
20.98
22.24
29.13
20.98
21.67
5
29.11
Operating margin%
4.19
2.95
5.20
2.29
3.82
3.36
0.88
0.40
3.16
6.03
9.82
3.16
3.26
61
29.26
Net margin%
23.63
25.46
27.18
28.34
27.02
29.65
31.72
31.54
32.02
31.33
9.08
31.54
29.00
19
37.68
P/E ratio (avg)x
25.09
23.79
25.53
27.71
26.68
24.04
20.73
18.28
19.77
17.95
11.73
19.77
23.91
93
15.86
EV/EBITx
29.18
25.79
28.00
26.87
23.72
26.43
27.29
24.69
26.94
25.97
16.17
26.43
26.65
62
9.76
FCF yield (avg)%
27.75
25.73
28.06
25.38
26.39
27.60
28.07
26.81
24.00
21.22
21.91
26.81
26.60
59
19.95
FCF margin%
14.42
15.07
16.79
17.95
15.33
12.92
14.41
12.43
11.56
13.99
28.14
12.92
14.42
92
1.682
FCF / Net incomex
0.294
0.306
0.318
0.352
0.398
0.376
0.337
0.320
0.288
0.305
1.069
0.320
0.319
15
18.08
ROIC%
14.72
15.85
13.08
11.55
10.28
12.83
11.04
8.11
6.94
6.19
23.07
8.11
11.30
65
23.27
Return on equity%
19.82
22.66
24.44
25.03
22.07
23.04
23.21
20.42
20.47
22.45
22.55
22.45
22.56
33
11.59
Return on assets%
13.11
14.65
12.92
14.04
14.72
11.84
14.82
16.00
18.05
16.56
29.94
16.00
14.69
69
0.13
EPS$
0.26
0.25
0.28
0.31
0.37
0.37
0.42
0.44
0.51
0.57
0.14
9.00%
8.63%
—
9.86
EPS growth%
2.13
2.89
0.58
2.73
4.61
2.12
4.33
1.53
0.40
2.11
29.81
2.11
2.12
27
0.26
Bookvalue per sh$
0.08
0.09
0.09
0.11
0.13
0.14
0.16
0.18
0.22
0.22
0.13
10.93%
10.72%
—
0.23
FCF per share$
0.29
0.29
0.29
0.30
0.32
0.37
0.39
0.38
0.44
0.48
0.29
8.44%
5.83%
—
0.09
Dividend per sh$
0.18
0.19
0.20
0.18
0.17
0.15
0.14
0.14
0.12
0.13
0.29
(4.84%)
(3.83%)
—
10.75
Div yield (avg)%
21.20
23.76
22.17
20.16
22.86
21.58
23.81
23.58
23.82
24.48
14.24
23.81
23.22
11
19.23
Payout ratio%
1.72
4.18
3.93
4.82
2.64
5.50
3.02
4.84
3.39
3.66
4.58
3.66
3.80
25
0.765
Shares (diluted)B
1.348
1.624
1.832
1.964
2.348
2.740
3.155
3.160
3.154
3.113
0.752
5.80%
9.89%
39
8.03
Buyback yield%
16.03
17.14
17.16
18.56
17.05
14.79
14.93
12.16
12.97
12.57
6.57
12.97
15.48
8
1.432
D/E ratiox
0.782
0.753
0.750
0.817
0.830
0.737
0.772
0.811
0.719
0.648
0.855
0.737
0.763
51
19.35
Enterprise value$M
178.4
186.4
197.3
203.5
188.1
184.0
205.1
188.5
214.2
215.2
171.2
2.73%
1.80%
74
346.8
LT debt$M
171.7
191.8
201.3
185.4
207.7
194.1
221.7
230.3
245.3
266.2
113.5
5.08%
4.47%
72
Revenue
$385.8M
8.74%
1.00×
Cost of revenue
$259.2M
9.19%
1.04×
Operating expenses
$38.39M
6.91%
0.84×
Cash and investments
13.66%
Spread over hurdle
(2.38%)