473.4
Revenue€M
290.9
305.9
308.4
325.0
337.2
342.3
357.3
367.2
385.4
395.1
491.7
3.22%
3.24%
17
18.02
Revenue growth%
16.87
14.26
12.71
10.21
8.11
9.24
8.20
8.02
9.51
6.69
7.19
8.20
9.38
15
10.63
Gross margin%
20.04
21.35
23.15
21.08
21.13
21.55
19.26
18.39
17.07
14.99
2.82
18.39
20.56
26
23.06
Operating margin%
7.44
5.06
7.33
8.54
10.40
11.87
10.95
11.72
14.32
15.24
9.35
11.87
10.67
73
7.07
Net margin%
34.14
32.17
32.88
34.04
32.14
31.95
29.88
31.14
30.51
32.39
25.31
31.14
32.15
54
16.30
P/E ratio (avg)x
22.61
23.31
22.02
23.42
25.38
24.84
26.68
25.70
23.54
22.99
27.13
24.84
23.48
67
13.69
EV/EBITx
36.25
38.94
41.83
43.44
44.42
47.40
48.83
49.51
50.38
50.80
13.49
49.51
45.91
26
14.93
FCF yield (avg)%
17.77
18.30
16.34
19.08
21.75
19.12
21.84
23.10
21.58
19.39
20.90
21.58
19.26
24
13.21
FCF margin%
26.40
26.66
27.59
25.34
27.04
28.63
27.75
25.93
27.93
29.43
23.60
27.93
27.32
9
0.161
FCF / Net incomex
1.037
0.995
1.062
0.913
0.838
0.870
0.912
0.919
0.968
0.832
1.202
0.912
0.916
23
25.50
ROIC%
25.00
24.01
26.50
27.19
28.69
30.86
33.60
35.30
33.87
32.54
14.19
33.60
29.77
71
14.41
Return on equity%
16.86
17.45
16.43
13.51
14.58
12.78
11.37
10.97
8.42
9.79
14.92
10.97
13.15
47
12.59
Return on assets%
15.19
15.65
13.29
14.95
17.52
18.51
17.41
14.65
11.95
11.00
21.16
14.65
15.07
20
1.78
EPS€
1.05
1.14
1.18
1.15
1.23
1.26
1.22
1.20
1.14
1.08
1.91
(2.65%)
1.35%
—
25.16
EPS growth%
24.87
24.10
22.69
19.83
21.37
22.63
25.59
25.27
22.69
24.47
24.77
24.47
23.39
59
0.87
Bookvalue per sh€
1.51
1.77
1.91
1.99
2.06
1.97
2.30
2.59
3.01
3.46
0.97
10.90%
9.05%
—
1.47
FCF per share€
0.92
1.05
1.22
1.27
1.36
1.61
1.88
1.90
2.12
2.10
1.53
9.02%
10.00%
—
1.23
Dividend per sh€
2.12
2.19
2.15
2.21
2.18
2.14
2.05
2.18
2.48
2.59
1.47
3.45%
2.74%
—
23.43
Div yield (avg)%
23.14
22.28
24.50
25.94
28.29
28.74
30.69
30.12
27.52
27.14
11.56
28.74
27.33
26
6.16
Payout ratio%
11.59
9.31
11.41
13.20
14.24
12.89
15.03
13.40
13.14
10.72
20.35
13.14
13.02
19
0.273
Shares (diluted)B
0.407
0.427
0.506
0.589
0.700
0.823
0.895
1.069
1.038
1.015
0.271
7.72%
11.52%
77
26.33
Buyback yield%
11.81
9.96
10.09
10.09
7.37
5.98
5.41
4.79
7.28
9.76
18.49
5.98
8.57
35
0.330
D/E ratiox
0.172
0.186
0.190
0.191
0.214
0.228
0.253
0.255
0.262
0.254
0.831
0.254
0.221
32
523.8
Enterprise value€M
40.00
44.09
39.98
41.57
46.16
52.12
55.95
63.11
61.03
60.06
324.8
5.41%
3.91%
87
488.8
LT debt€M
534.6
529.6
504.4
582.6
645.8
634.8
628.5
728.0
716.4
745.0
71.72
2.90%
2.81%
7
Revenue
€395.1M
3.24%
1.00×
Cost of revenue
€208.1M
3.09%
0.99×
Operating expenses
€85.64M
3.36%
1.01×
Spread over hurdle
(1.34%)