369.5
Revenue€M
201.8
213.9
234.3
256.8
281.2
304.3
324.8
355.9
383.0
411.2
378.4
7.90%
8.41%
30
24.87
Revenue growth%
6.12
7.09
9.67
9.03
7.63
5.29
7.74
9.37
12.36
11.83
6.52
9.37
8.39
77
25.23
Gross margin%
18.66
19.53
18.41
19.40
18.29
20.82
18.69
19.87
17.57
17.26
5.53
18.69
18.68
67
6.40
Operating margin%
12.75
11.92
12.52
10.77
9.91
8.78
10.09
8.17
6.10
3.14
11.66
8.17
10.00
34
2.97
Net margin%
21.39
23.25
24.46
26.69
28.36
25.46
23.27
22.10
23.36
22.86
25.28
23.27
23.32
75
24.50
P/E ratio (avg)x
10.38
9.322
8.958
8.978
9.049
9.533
9.605
10.33
10.09
9.924
18.90
9.924
9.569
74
6.572
EV/EBITx
11.09
12.59
12.71
13.02
14.04
15.83
15.24
15.00
16.59
17.18
29.71
15.83
14.52
62
15.06
FCF yield (avg)%
22.89
23.94
23.87
24.89
23.52
24.99
25.15
26.01
25.39
24.39
14.09
25.15
24.64
64
10.07
FCF margin%
8.33
9.08
8.55
10.81
12.43
10.87
12.92
10.84
13.76
14.71
23.58
12.92
10.85
70
0.138
FCF / Net incomex
0.945
0.831
0.773
0.753
0.670
0.665
0.714
0.650
0.669
0.693
1.656
0.669
0.703
37
27.43
ROIC%
13.62
13.93
11.76
9.30
10.59
11.60
9.36
6.75
9.30
11.28
13.73
9.36
10.94
10
5.12
Return on equity%
9.13
6.54
5.11
2.67
3.72
0.81
3.61
5.92
7.34
4.56
22.23
4.56
4.83
83
15.28
Return on assets%
20.30
18.49
21.20
18.22
15.95
17.86
16.64
13.70
13.32
16.30
22.06
16.30
17.25
22
0.09
EPS€
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.10
(1.61%)
1.88%
—
19.31
EPS growth%
25.47
26.67
25.87
24.25
24.14
22.48
23.70
23.37
25.86
27.19
6.88
23.70
24.86
44
0.06
Bookvalue per sh€
0.10
0.09
0.09
0.09
0.08
0.09
0.09
0.08
0.09
0.10
0.03
3.26%
0.37%
—
0.05
FCF per share€
0.03
0.03
0.03
0.03
0.04
0.04
0.03
0.04
0.04
0.04
0.02
0.01%
3.72%
—
0.06
Dividend per sh€
0.08
0.09
0.09
0.10
0.09
0.10
0.11
0.12
0.11
0.12
0.11
6.28%
3.25%
—
22.75
Div yield (avg)%
12.91
11.79
9.00
9.64
11.02
13.99
15.11
16.11
16.98
19.56
26.18
16.11
13.45
43
24.10
Payout ratio%
16.30
16.71
16.08
17.96
17.52
16.06
13.71
11.00
12.06
13.47
13.24
13.47
16.07
40
1.827
Shares (diluted)B
2.362
2.593
2.330
2.322
2.331
2.469
2.215
2.142
2.172
2.249
1.810
(0.71%)
0.73%
28
24.23
Buyback yield%
30.45
30.21
28.33
29.59
26.79
24.05
24.32
23.23
26.03
25.43
25.91
24.32
26.41
42
1.148
D/E ratiox
1.231
1.118
1.223
1.089
1.060
1.022
0.934
0.966
1.007
0.973
1.144
0.973
1.041
61
276.6
Enterprise value€M
93.46
94.65
103.4
102.4
110.1
108.9
99.01
97.27
97.29
108.4
219.8
(0.31%)
1.53%
36
245.2
LT debt€M
167.8
176.2
201.1
214.2
216.8
212.5
240.0
257.7
268.6
318.6
144.2
8.00%
7.09%
71
Revenue
€411.2M
8.41%
1.00×
Cost of revenue
€287.8M
8.41%
1.00×
Operating expenses
€88.35M
8.07%
0.97×
Cash and investments
19.46%
Property and equipment
17.53%
Spread over hurdle
(2.59%)