2.770
Revenue€M
5.815
6.211
6.608
6.926
7.399
7.708
8.354
8.858
9.340
3.068
2.996
6.16%
6.07%
16
29.60
Revenue growth%
24.95
25.43
23.59
25.85
27.04
26.45
26.76
26.20
29.10
9.18
20.47
26.76
26.20
20
5.25
Gross margin%
23.44
26.13
27.29
24.65
22.95
20.55
18.78
21.23
22.55
18.62
8.70
21.23
22.75
76
3.88
Operating margin%
25.34
27.61
27.14
26.04
23.23
23.64
26.13
28.04
29.49
17.62
17.39
26.13
26.10
78
16.72
Net margin%
17.40
19.54
17.99
16.54
17.39
18.76
19.97
22.45
23.03
6.51
20.33
19.97
19.15
41
20.69
P/E ratio (avg)x
26.97
25.63
21.90
18.93
19.29
19.31
20.24
21.81
23.40
32.58
17.52
20.24
21.85
21
23.68
EV/EBITx
9.823
10.81
12.33
12.38
12.91
14.83
16.39
16.11
18.56
12.85
19.73
16.11
12.65
69
23.65
FCF yield (avg)%
8.20
6.36
3.44
2.64
2.42
3.97
1.65
0.40
0.40
10.90
11.51
1.65
3.04
59
28.31
FCF margin%
33.40
31.57
33.02
32.98
33.32
30.82
32.86
33.90
35.83
20.91
17.12
33.32
33.00
87
0.483
FCF / Net incomex
1.088
1.007
1.045
0.989
0.956
1.058
1.029
0.958
1.011
1.718
1.024
1.011
1.009
13
25.11
ROIC%
19.35
18.10
20.72
18.89
17.07
16.07
17.71
19.72
21.92
29.72
9.94
17.71
19.00
81
14.35
Return on equity%
9.11
7.13
5.87
4.69
5.37
7.30
4.50
5.80
5.82
18.39
13.18
5.80
5.84
92
12.87
Return on assets%
33.97
36.76
36.70
36.29
33.39
31.57
28.77
26.43
24.20
19.20
21.69
28.77
32.93
33
0.08
EPS€
0.19
0.18
0.17
0.17
0.17
0.15
0.15
0.14
0.14
0.09
0.09
(3.02%)
(2.91%)
—
28.58
EPS growth%
19.96
16.99
16.57
14.90
16.75
18.10
18.75
16.98
18.85
24.68
8.44
18.10
17.54
52
0.16
Bookvalue per sh€
0.15
0.17
0.17
0.17
0.18
0.20
0.18
0.17
0.16
0.28
0.35
(1.12%)
2.58%
—
0.35
FCF per share€
0.31
0.28
0.24
0.21
0.22
0.21
0.22
0.21
0.20
0.13
0.21
(1.15%)
(3.31%)
—
0.37
Dividend per sh€
0.16
0.16
0.16
0.18
0.17
0.17
0.17
0.17
0.16
0.11
0.39
(2.04%)
1.59%
—
19.73
Div yield (avg)%
0.40
0.86
0.40
1.82
1.69
2.66
0.77
0.58
2.78
26.48
23.23
1.69
0.82
70
24.51
Payout ratio%
21.33
18.72
19.64
20.48
18.91
18.41
20.77
20.15
18.01
5.56
14.64
18.91
19.57
71
6.453
Shares (diluted)M
7.423
7.289
6.589
6.472
6.599
6.575
6.128
6.577
6.998
6.497
6.183
1.57%
(0.79%)
18
28.03
Buyback yield%
4.86
4.52
4.20
2.20
2.00
0.40
3.22
5.67
3.85
9.27
16.22
3.22
3.53
55
1.118
D/E ratiox
0.264
0.301
0.291
0.305
0.282
0.302
0.291
0.279
0.253
0.549
1.542
0.282
0.286
30
9.834
Enterprise value€M
7.612
7.704
8.417
8.081
8.198
8.623
8.766
10.07
9.434
2.833
3.931
3.14%
3.21%
85
5.495
LT debt€M
6.682
6.064
5.922
6.243
6.666
6.076
6.047
6.236
6.244
10.29
10.57
—
(2.29%)
44
Revenue
€9.340M
6.07%
1.00×
Cost of revenue
€6.538M
6.07%
1.00×
Operating expenses
€1.904M
6.29%
1.02×
Cash and investments
17.49%
Spread over hurdle
(3.41%)