2.200
Revenue€M
1.642
1.762
1.901
1.994
2.164
2.333
2.447
2.586
2.829
3.055
2.324
7.14%
6.89%
88
13.26
Revenue growth%
25.64
24.32
23.00
21.45
21.59
20.62
19.73
21.36
19.09
17.22
27.95
19.73
21.41
85
28.25
Gross margin%
29.66
32.50
30.96
33.93
35.50
36.53
38.28
35.46
36.82
39.82
28.90
36.82
35.48
38
10.73
Operating margin%
4.51
5.33
6.92
8.39
7.06
8.85
7.90
8.26
7.45
7.08
18.13
7.90
7.27
83
20.97
Net margin%
11.65
12.18
13.38
11.70
11.03
13.90
11.26
10.37
8.79
10.64
7.16
10.64
11.46
94
24.72
P/E ratio (avg)x
42.06
41.07
42.57
40.78
41.88
38.98
36.55
37.35
35.02
36.09
31.64
36.55
39.88
23
14.90
EV/EBITx
18.83
21.37
20.24
21.43
23.79
22.00
21.20
21.13
22.10
24.26
12.25
22.00
21.40
11
21.59
FCF yield (avg)%
7.09
6.97
8.11
8.67
7.18
8.67
9.48
8.59
8.74
9.95
5.78
8.74
8.63
79
17.80
FCF margin%
5.86
4.20
5.56
3.81
3.28
3.96
3.53
1.97
0.40
2.49
24.16
2.49
3.67
42
0.592
FCF / Net incomex
0.239
0.236
0.254
0.237
0.236
0.227
0.209
0.192
0.212
0.230
0.591
0.212
0.233
32
26.69
ROIC%
9.34
6.56
4.09
5.98
4.90
2.64
1.18
1.56
4.44
7.02
2.69
2.64
4.67
64
20.88
Return on equity%
11.05
8.68
6.64
4.24
3.62
1.83
1.98
3.83
6.64
4.15
22.26
3.83
4.20
47
25.14
Return on assets%
33.07
30.75
33.14
31.32
34.25
31.38
30.49
28.60
29.61
31.23
29.44
30.49
31.27
95
0.05
EPS€
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.06
(0.06%)
(1.54%)
—
6.27
EPS growth%
9.45
11.06
12.77
14.83
12.73
12.17
13.04
11.94
9.79
10.11
11.28
11.94
12.06
21
0.03
Bookvalue per sh€
0.13
0.14
0.15
0.15
0.17
0.20
0.20
0.21
0.23
0.27
0.06
9.19%
8.75%
—
0.03
FCF per share€
0.02
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.05
1.85%
(0.45%)
—
0.02
Dividend per sh€
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.04
0.06
5.45%
2.67%
—
26.56
Div yield (avg)%
22.82
22.63
21.83
20.46
21.32
22.58
25.25
22.82
20.55
20.77
8.58
22.58
22.21
73
25.24
Payout ratio%
0.64
1.95
2.05
0.40
0.79
0.53
0.40
0.90
0.40
0.40
9.43
0.40
0.58
19
9.566
Shares (diluted)M
11.63
12.00
12.55
11.52
12.56
10.91
11.46
10.97
11.05
11.48
9.699
(1.78%)
0.81%
40
19.12
Buyback yield%
18.24
18.57
21.04
23.48
22.49
19.78
21.36
19.37
19.56
22.15
17.92
19.78
20.41
8
1.540
D/E ratiox
0.305
0.297
0.298
0.292
0.326
0.314
0.320
0.295
0.294
0.276
0.544
0.295
0.297
11
2.390
Enterprise value€M
0.394
0.420
0.427
0.427
0.462
0.396
0.408
0.434
0.376
0.359
1.674
(4.90%)
(0.88%)
14
1.869
LT debt€M
0.843
0.847
0.747
0.692
0.679
0.595
0.579
0.562
0.612
0.669
1.887
(0.28%)
(2.54%)
10
Revenue
€3.055M
6.89%
1.00×
Cost of revenue
€1.575M
6.45%
0.96×
Operating expenses
€0.434M
8.32%
1.14×
Cash and investments
16.34%
Spread over hurdle
38.15%