1.510
Revenue€M
2.611
2.732
2.895
3.089
3.372
3.627
3.893
4.204
4.550
4.920
1.563
7.85%
7.01%
50
13.41
Revenue growth%
17.45
20.24
18.71
17.30
15.55
15.91
14.40
11.68
13.16
16.16
13.87
14.40
16.03
33
5.24
Gross margin%
19.96
20.75
22.12
20.15
18.56
17.69
17.51
19.96
22.35
20.73
26.44
19.96
20.06
82
13.19
Operating margin%
23.78
26.70
28.44
28.05
26.83
26.25
25.11
22.57
21.12
20.91
6.46
22.57
25.68
37
29.04
Net margin%
25.07
22.62
24.21
23.66
22.79
24.29
27.02
25.25
25.69
27.46
12.70
25.69
24.68
44
27.43
P/E ratio (avg)x
10.73
11.04
12.66
13.24
13.31
13.93
15.97
17.69
19.44
19.31
35.51
17.69
13.62
89
28.17
EV/EBITx
42.29
42.63
50.36
58.06
69.70
77.59
84.23
90.02
102.0
104.7
9.403
90.02
73.64
13
6.65
FCF yield (avg)%
14.33
13.44
11.12
8.40
7.02
5.85
7.74
10.31
12.30
14.42
10.74
10.31
10.71
94
4.25
FCF margin%
19.84
17.28
19.03
19.82
19.39
21.85
19.57
20.85
21.82
21.27
29.13
21.27
19.83
14
1.008
FCF / Net incomex
0.411
0.386
0.398
0.419
0.435
0.467
0.480
0.458
0.503
0.549
0.482
0.480
0.447
19
25.11
ROIC%
25.49
24.27
27.02
25.17
24.68
25.53
22.95
20.01
20.65
21.47
2.74
21.47
24.47
72
22.25
Return on equity%
32.70
32.29
29.81
31.78
33.59
32.57
32.85
34.47
34.15
36.48
21.71
34.15
32.77
30
5.89
Return on assets%
9.10
10.89
12.58
15.37
14.60
12.99
15.16
17.23
14.73
15.28
21.83
15.16
14.67
48
0.37
EPS€
1.23
1.28
1.34
1.33
1.55
1.55
1.62
1.56
1.60
1.70
0.40
1.94%
3.19%
—
22.68
EPS growth%
27.78
30.77
32.78
30.71
33.60
30.62
30.05
27.09
27.92
30.06
26.50
30.05
30.34
65
0.45
Bookvalue per sh€
0.29
0.26
0.26
0.24
0.26
0.28
0.30
0.30
0.31
0.28
0.49
1.28%
(0.71%)
—
1.01
FCF per share€
0.58
0.58
0.62
0.69
0.70
0.72
0.76
0.81
0.81
0.90
0.18
5.20%
4.27%
—
0.94
Dividend per sh€
0.22
0.21
0.20
0.21
0.21
0.19
0.17
0.17
0.19
0.19
0.28
(2.17%)
(0.28%)
—
20.07
Div yield (avg)%
14.21
11.55
14.50
13.06
15.62
14.88
14.07
12.30
12.54
14.10
2.60
14.07
14.09
91
20.71
Payout ratio%
19.72
19.59
18.71
18.89
18.85
19.59
21.98
21.41
18.86
21.27
25.01
21.27
19.59
91
1.058
Shares (diluted)M
1.291
1.328
1.382
1.582
1.779
2.052
1.937
2.172
2.532
2.720
1.060
8.86%
7.88%
89
22.52
Buyback yield%
22.97
22.42
24.19
26.37
29.19
27.48
30.27
32.51
32.41
32.00
26.43
32.00
28.34
32
1.476
D/E ratiox
1.132
1.140
1.335
1.503
1.727
1.894
2.075
2.042
2.081
2.360
1.780
2.075
1.811
15
3.745
Enterprise value€M
3.952
4.566
5.412
5.654
5.986
6.460
6.736
7.081
8.584
10.32
3.937
11.51%
10.50%
51
2.353
LT debt€M
0.829
0.931
0.910
0.954
0.964
1.125
1.272
1.219
1.228
1.198
0.762
4.42%
3.63%
15
Revenue
€4.920M
7.01%
1.00×
Cost of revenue
€3.444M
7.01%
1.00×
Operating expenses
€1.106M
6.91%
0.99×
Spread over hurdle
(7.86%)