3.006
Revenue€M
2.963
2.919
2.946
2.946
3.004
3.003
3.046
3.038
3.107
3.158
3.068
1.01%
0.87%
55
7.29
Revenue growth%
26.54
25.44
26.86
28.21
27.75
28.57
27.80
28.00
25.85
24.36
25.73
27.80
27.31
56
20.35
Gross margin%
23.14
24.88
24.34
26.80
25.12
25.82
23.62
21.78
22.65
22.20
19.77
22.65
23.98
64
25.97
Operating margin%
29.98
27.92
26.04
25.75
27.16
29.83
31.84
32.71
33.89
36.20
8.02
32.71
29.91
62
28.23
Net margin%
27.75
28.95
27.09
27.60
30.44
29.76
29.41
29.84
30.96
28.66
29.61
29.76
29.18
72
10.77
P/E ratio (avg)x
12.80
11.46
10.68
10.08
9.847
8.969
8.541
8.257
8.022
8.875
29.26
8.541
9.408
52
36.18
EV/EBITx
16.01
15.82
16.25
14.83
13.85
13.51
11.48
12.03
12.49
12.24
19.64
12.24
13.68
43
23.62
FCF yield (avg)%
24.64
25.55
23.22
22.68
24.41
24.02
25.85
26.09
28.95
28.08
24.80
26.09
25.09
59
21.20
FCF margin%
20.77
20.22
19.02
20.86
20.82
22.19
21.10
23.22
24.10
23.33
20.96
23.22
20.98
35
0.454
FCF / Net incomex
1.119
1.266
1.222
1.411
1.425
1.597
1.647
1.899
2.136
2.244
0.172
1.899
1.511
77
16.83
ROIC%
18.39
17.65
20.19
18.09
17.57
18.93
20.18
21.90
24.89
23.26
25.18
21.90
19.55
57
20.14
Return on equity%
11.51
13.27
13.34
12.92
11.51
10.76
13.48
13.45
10.56
10.15
10.82
10.76
12.22
27
5.77
Return on assets%
12.54
11.05
13.44
11.87
13.84
11.48
11.95
12.06
13.62
13.88
19.85
12.06
12.30
6
0.08
EPS€
0.08
0.09
0.10
0.11
0.11
0.11
0.12
0.11
0.11
0.11
0.09
0.09%
3.15%
—
4.63
EPS growth%
4.86
4.15
5.43
5.11
4.45
6.85
6.49
5.69
7.83
10.78
4.77
6.85
5.56
64
0.19
Bookvalue per sh€
0.16
0.16
0.16
0.17
0.15
0.17
0.19
0.20
0.21
0.22
0.12
6.96%
2.31%
—
0.07
FCF per share€
0.09
0.10
0.09
0.08
0.07
0.06
0.07
0.07
0.07
0.07
0.12
(1.53%)
(3.96%)
—
0.13
Dividend per sh€
0.11
0.11
0.11
0.12
0.14
0.15
0.15
0.14
0.14
0.15
0.07
1.30%
2.50%
—
11.31
Div yield (avg)%
15.39
17.63
16.77
15.65
16.01
15.89
16.77
13.94
15.96
14.55
26.98
15.89
15.92
22
16.51
Payout ratio%
15.29
15.72
18.24
17.38
19.99
21.92
22.35
23.77
22.02
23.06
20.04
22.35
20.96
20
12.03
Shares (diluted)M
17.34
19.49
19.17
18.14
20.48
20.27
18.48
18.17
17.10
17.94
11.60
(2.62%)
1.52%
14
21.67
Buyback yield%
7.30
8.22
5.93
6.94
6.11
8.63
7.89
9.59
7.61
6.44
2.03
7.89
7.45
53
0.931
D/E ratiox
1.151
1.136
1.119
1.056
0.973
0.976
1.017
1.040
0.950
0.970
0.471
0.976
1.028
28
2.879
Enterprise value€M
3.105
3.435
3.565
4.044
4.353
4.633
4.358
4.960
5.456
5.453
2.959
4.61%
7.33%
48
0.442
LT debt€M
4.309
3.844
4.152
4.230
4.489
4.857
4.299
4.722
4.407
4.370
0.419
(0.54%)
(0.04%)
88
Revenue
€3.158M
0.87%
1.00×
Cost of revenue
€2.048M
0.87%
1.00×
Operating expenses
€0.513M
1.11%
1.02×
Property and equipment
16.30%
Cash and investments
15.12%
Spread over hurdle
(2.84%)