0.673
Revenue€B
1.868
1.890
1.898
1.924
1.953
1.973
2.020
2.008
2.048
2.044
0.725
0.92%
0.93%
60
7.97
Revenue growth%
29.88
26.91
26.44
25.90
25.42
23.45
24.05
21.91
20.55
21.70
27.44
21.91
24.74
17
10.63
Gross margin%
10.54
10.17
11.45
14.34
14.72
13.57
14.28
15.16
15.86
18.76
15.87
15.16
14.31
83
12.90
Operating margin%
4.64
1.68
1.97
4.63
3.47
4.25
3.30
2.72
0.68
1.38
17.55
2.72
3.01
25
15.14
Net margin%
9.29
9.88
9.57
6.96
9.09
11.86
14.75
12.97
12.82
15.50
21.48
12.97
10.87
68
18.40
P/E ratio (avg)x
22.47
25.12
23.70
24.66
24.13
26.05
28.27
32.38
32.49
33.14
14.89
32.38
25.59
57
33.08
EV/EBITx
39.30
43.00
49.21
56.91
54.54
57.75
57.60
66.26
74.49
70.64
21.19
66.26
57.26
42
7.30
FCF yield (avg)%
8.97
9.65
10.62
10.07
12.44
9.80
10.01
12.11
11.89
11.21
12.99
11.21
10.35
93
19.77
FCF margin%
10.22
12.79
14.14
16.97
15.07
16.46
17.07
19.32
18.28
18.72
22.32
18.28
16.72
50
0.476
FCF / Net incomex
0.563
0.606
0.628
0.713
0.811
0.920
0.986
1.062
1.011
1.139
1.567
1.011
0.866
75
8.24
ROIC%
4.18
2.40
3.35
2.56
5.21
3.41
5.01
7.67
7.06
7.24
26.90
7.06
4.60
51
18.75
Return on equity%
10.70
8.75
9.21
10.18
11.94
14.16
15.96
17.31
20.10
22.31
4.39
17.31
13.05
60
22.15
Return on assets%
14.30
14.57
16.14
13.67
15.37
16.25
15.20
14.38
12.64
10.81
25.52
14.38
14.48
13
5.13
EPS€
2.59
2.49
2.48
2.56
2.21
2.40
2.08
2.15
1.85
1.69
5.53
(5.20%)
(4.79%)
—
6.67
EPS growth%
18.76
16.04
14.36
15.17
13.17
11.92
9.15
6.68
7.61
9.11
8.90
9.11
12.55
32
1.82
Bookvalue per sh€
5.72
5.87
5.96
6.60
7.81
7.68
8.64
9.99
11.39
12.91
2.16
10.58%
8.73%
—
3.59
FCF per share€
3.94
4.26
4.49
4.88
5.16
5.05
5.04
4.76
4.52
4.65
4.75
(2.07%)
0.55%
—
4.46
Dividend per sh€
4.04
4.25
4.37
4.70
5.18
5.05
4.84
5.05
5.24
5.51
5.01
1.27%
3.89%
—
9.90
Div yield (avg)%
32.58
31.17
31.89
30.22
28.69
26.40
26.18
25.58
22.64
22.36
29.67
25.58
27.55
70
11.95
Payout ratio%
27.15
24.95
26.94
28.34
26.92
29.52
28.56
28.94
30.21
30.05
28.10
29.52
28.45
77
173.1
Shares (diluted)M
216.6
234.3
271.4
296.4
344.6
337.4
327.8
331.9
322.1
368.4
178.5
1.35%
5.02%
51
16.73
Buyback yield%
8.70
11.12
11.10
9.32
8.85
7.79
9.21
9.96
11.76
14.30
25.86
9.96
9.64
19
1.117
D/E ratiox
0.295
0.340
0.372
0.367
0.381
0.396
0.449
0.483
0.475
0.465
1.378
0.465
0.389
59
1.952
Enterprise value€B
1.369
1.347
1.460
1.474
1.371
1.366
1.350
1.241
1.208
1.278
1.623
(1.40%)
(1.59%)
61
0.127
LT debt€B
1.701
1.669
1.812
1.960
2.177
2.349
2.566
2.709
2.660
2.794
0.215
5.12%
4.96%
50
Revenue
€2.044B
0.93%
1.00×
Cost of revenue
€1.279B
1.02%
1.01×
Operating expenses
€330.1M
0.95%
1.00×
Cash and investments
17.21%
Spread over hurdle
13.62%