3.465
Revenue€M
3.276
3.582
3.743
3.929
4.287
4.594
4.832
5.236
5.527
5.818
3.833
6.30%
6.58%
55
18.06
Revenue growth%
3.99
2.88
3.76
3.23
4.03
6.44
7.80
7.46
8.78
8.35
2.57
7.80
5.23
30
23.50
Gross margin%
10.43
10.61
13.05
11.44
13.23
11.66
12.28
12.54
15.49
13.95
21.50
12.54
12.41
24
17.41
Operating margin%
23.66
23.89
24.47
26.67
27.82
27.96
25.97
28.24
28.03
29.38
21.67
28.03
27.25
15
6.04
Net margin%
21.14
19.11
20.81
22.05
24.30
24.07
26.39
26.59
28.14
30.22
23.88
26.59
24.18
8
21.10
P/E ratio (avg)x
39.81
45.28
48.58
54.40
56.36
66.26
64.69
67.23
73.27
86.60
32.17
67.23
60.52
95
16.19
EV/EBITx
47.33
50.71
50.37
58.92
59.64
66.86
68.73
76.98
82.49
83.84
22.69
76.98
63.25
92
2.29
FCF yield (avg)%
16.45
17.46
16.58
15.85
15.31
17.23
15.52
18.31
20.67
22.52
16.47
18.31
16.90
29
28.15
FCF margin%
1.95
3.12
0.46
2.87
0.40
0.40
0.98
3.78
6.38
7.94
27.34
3.78
2.41
36
0.231
FCF / Net incomex
0.409
0.386
0.422
0.386
0.424
0.412
0.447
0.473
0.494
0.505
1.020
0.473
0.423
38
23.37
ROIC%
14.84
14.61
13.55
11.67
11.04
13.14
10.25
9.69
10.91
11.86
28.25
10.91
11.77
13
9.19
Return on equity%
29.68
32.19
34.75
35.96
33.08
31.63
33.67
35.59
33.55
33.13
17.96
33.55
33.34
31
8.84
Return on assets%
9.83
7.37
8.39
9.87
12.27
9.29
12.06
12.44
10.48
11.02
3.53
11.02
10.17
77
0.11
EPS€
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.11
1.26%
2.20%
—
29.11
EPS growth%
29.56
32.05
33.58
35.13
36.88
36.46
33.51
33.14
30.19
28.33
8.12
33.14
33.33
47
0.06
Bookvalue per sh€
0.04
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.02
0.04
(5.49%)
(4.88%)
—
0.06
FCF per share€
0.04
0.04
0.05
0.05
0.05
0.05
0.06
0.06
0.06
0.07
0.09
6.70%
7.37%
—
0.09
Dividend per sh€
0.06
0.06
0.07
0.07
0.07
0.07
0.07
0.08
0.10
0.10
0.04
9.54%
6.39%
—
5.06
Div yield (avg)%
20.00
19.78
18.46
15.62
13.93
11.77
13.68
15.22
14.20
16.46
3.75
14.20
15.42
39
16.42
Payout ratio%
18.26
20.19
20.30
21.69
19.15
20.32
21.88
19.10
18.45
18.08
5.29
19.10
19.67
81
48.95
Shares (diluted)M
63.85
64.20
75.71
82.15
84.03
93.09
93.93
92.23
99.73
103.9
48.92
4.34%
6.54%
44
17.49
Buyback yield%
6.96
5.47
6.74
7.22
9.17
10.39
13.38
15.00
12.57
15.36
11.72
13.38
9.78
34
1.099
D/E ratiox
1.126
1.243
1.336
1.440
1.368
1.270
1.365
1.473
1.631
1.604
0.146
1.473
1.367
52
0.475
Enterprise value€M
1.636
1.709
1.685
1.933
2.278
2.740
2.859
2.991
3.492
4.149
2.870
12.74%
9.89%
31
5.640
LT debt€M
0.935
0.955
0.965
0.909
0.896
0.808
0.842
0.755
0.668
0.579
5.764
(8.37%)
(4.11%)
86
Revenue
€5.818M
6.58%
1.00×
Cost of revenue
€3.754M
6.88%
1.03×
Operating expenses
€0.899M
6.20%
0.96×
Cash and investments
14.04%
Spread over hurdle
55.97%