5.546
Revenue€M
5.714
6.095
6.591
6.906
7.525
8.191
8.565
9.325
9.803
10.44
6.060
6.77%
7.09%
9
28.62
Revenue growth%
29.45
27.34
26.48
24.37
21.39
18.68
21.25
21.41
20.88
22.84
7.12
21.25
22.13
36
22.76
Gross margin%
13.07
13.20
11.09
13.84
12.40
11.57
11.38
12.15
9.77
9.92
2.46
11.38
11.86
79
22.89
Operating margin%
18.41
20.89
22.69
25.55
25.00
24.97
26.80
25.57
26.74
25.24
25.87
25.57
25.12
18
11.11
Net margin%
30.23
33.05
34.27
34.62
32.90
34.94
32.14
30.04
31.97
33.57
24.62
32.14
32.98
92
30.52
P/E ratio (avg)x
60.33
69.29
71.96
81.54
94.83
107.5
113.3
119.2
143.5
162.3
28.94
119.2
101.2
20
10.18
EV/EBITx
21.41
21.08
21.37
20.63
21.11
19.64
19.66
20.74
21.28
23.48
33.56
20.74
21.10
67
21.78
FCF yield (avg)%
27.01
28.58
29.21
30.57
29.95
31.08
28.28
30.55
30.13
28.51
10.88
30.13
29.58
78
22.49
FCF margin%
15.62
15.31
17.34
18.91
20.52
19.21
18.24
20.05
22.72
19.74
24.53
19.74
19.06
89
0.450
FCF / Net incomex
0.162
0.162
0.172
0.184
0.164
0.170
0.156
0.168
0.183
0.168
1.657
0.168
0.168
42
29.08
ROIC%
23.72
23.83
24.44
26.12
26.25
28.90
27.94
30.00
31.45
34.24
9.95
30.00
27.09
52
27.46
Return on equity%
17.72
16.27
17.46
16.04
13.75
14.59
17.37
16.54
14.02
15.57
2.76
15.57
16.16
93
13.70
Return on assets%
9.54
9.49
8.19
9.87
11.42
13.81
15.41
17.27
19.39
18.55
20.24
17.27
12.61
43
0.34
EPS€
0.37
0.38
0.41
0.47
0.51
0.54
0.59
0.68
0.70
0.67
0.36
5.73%
6.52%
—
29.64
EPS growth%
21.83
22.25
22.30
20.02
19.03
16.67
19.50
19.21
19.57
17.98
8.95
19.21
19.53
36
0.28
Bookvalue per sh€
0.58
0.61
0.61
0.57
0.57
0.60
0.65
0.66
0.68
0.65
0.23
2.67%
1.94%
—
0.25
FCF per share€
0.42
0.42
0.40
0.40
0.35
0.34
0.36
0.36
0.32
0.31
0.13
(2.85%)
(2.78%)
—
0.08
Dividend per sh€
0.23
0.26
0.27
0.31
0.33
0.37
0.35
0.35
0.39
0.39
0.36
3.80%
5.11%
—
12.65
Div yield (avg)%
16.39
17.07
17.54
17.19
15.15
16.64
13.88
13.36
13.68
16.43
4.79
13.88
16.41
93
8.38
Payout ratio%
29.25
28.38
30.81
31.92
31.80
33.74
36.06
37.76
37.80
35.39
25.86
36.06
32.83
56
16.80
Shares (diluted)M
22.79
25.51
23.58
25.70
23.95
27.09
25.49
27.86
28.87
31.65
17.10
5.73%
2.73%
80
23.93
Buyback yield%
15.94
18.61
20.42
22.13
24.69
24.16
25.93
23.21
20.24
21.62
18.79
23.21
21.88
84
0.396
D/E ratiox
0.771
0.747
0.827
0.905
0.925
1.007
0.964
1.053
1.122
1.247
1.618
1.053
0.944
70
5.371
Enterprise value€M
12.79
13.70
15.05
14.41
15.84
14.78
14.66
14.22
16.41
17.62
3.182
2.16%
4.81%
11
9.371
LT debt€M
16.86
16.66
18.31
18.20
17.69
18.59
17.39
19.69
20.48
23.76
5.205
6.08%
4.34%
6
Revenue
€10.44M
7.09%
1.00×
Cost of revenue
€6.822M
7.36%
1.03×
Operating expenses
€1.357M
7.03%
0.99×
Goodwill & intangibles
15.04%
Spread over hurdle
(3.75%)