801.7
Revenue€M
642.1
661.2
666.5
673.4
697.9
715.7
735.1
775.1
782.1
819.0
831.0
3.25%
2.71%
70
7.27
Revenue growth%
15.20
17.37
17.76
17.50
18.71
21.06
23.13
24.44
23.17
21.73
28.32
23.13
19.89
86
23.03
Gross margin%
7.38
7.89
9.79
8.88
7.39
5.23
7.11
4.97
6.63
6.42
20.21
6.42
7.24
84
10.25
Operating margin%
8.58
8.63
9.56
10.43
8.05
7.02
9.72
6.95
4.58
7.52
15.68
7.02
8.32
12
18.02
Net margin%
13.46
15.96
18.91
19.83
21.76
20.51
22.23
22.67
21.60
21.68
17.05
21.68
21.06
27
10.47
P/E ratio (avg)x
17.99
17.58
15.87
14.91
15.61
16.62
17.49
18.72
19.76
18.08
15.79
18.08
17.53
72
13.88
EV/EBITx
31.71
30.61
30.96
35.30
36.06
41.86
44.50
49.20
47.57
52.43
6.430
47.57
38.96
71
20.51
FCF yield (avg)%
2.73
2.97
1.90
0.74
1.73
0.40
0.40
0.40
0.40
0.40
16.54
0.40
0.57
38
18.98
FCF margin%
10.66
11.64
9.55
9.57
10.76
10.08
12.59
10.57
10.35
12.09
16.14
10.57
10.62
53
1.157
FCF / Net incomex
1.400
1.477
1.480
1.505
1.816
1.920
2.054
2.158
2.296
2.530
1.573
2.158
1.868
26
21.25
ROIC%
10.45
7.70
5.13
7.82
6.60
6.68
4.72
6.54
4.29
4.74
23.61
4.74
6.57
39
18.95
Return on equity%
9.99
9.74
8.85
6.13
3.69
3.05
4.48
4.64
1.79
1.45
16.31
3.05
4.56
63
13.15
Return on assets%
19.55
17.88
18.65
16.23
16.45
16.16
13.94
15.14
14.77
14.21
10.95
14.77
16.19
9
1.97
EPS€
1.95
2.04
1.97
2.24
2.57
2.70
2.78
2.66
2.75
3.17
2.19
4.29%
6.49%
—
28.69
EPS growth%
4.83
7.33
6.61
8.12
6.17
8.69
11.33
11.31
9.26
9.28
22.11
9.28
8.41
17
3.53
Bookvalue per sh€
4.38
4.06
4.64
4.82
4.50
5.16
5.42
5.23
5.21
6.01
3.22
5.94%
3.61%
—
1.66
FCF per share€
5.04
4.92
4.89
4.62
5.04
5.20
4.98
4.77
5.06
5.60
0.79
2.17%
0.77%
—
0.93
Dividend per sh€
3.90
3.74
3.41
3.27
3.56
3.48
3.41
3.43
3.14
2.95
2.38
(3.71%)
(1.87%)
—
8.31
Div yield (avg)%
6.92
4.42
1.93
1.79
0.40
2.48
0.40
0.40
2.97
0.79
4.78
0.79
1.86
9
20.38
Payout ratio%
33.53
36.41
39.40
41.35
42.81
41.44
40.84
39.28
39.62
41.40
27.87
40.84
40.23
31
114.7
Shares (diluted)M
68.39
67.00
67.13
61.87
61.54
66.45
64.31
55.19
57.71
62.07
114.8
0.17%
(2.22%)
72
10.20
Buyback yield%
7.83
7.68
8.66
11.54
13.79
12.42
15.31
14.57
13.89
11.64
14.31
13.89
12.03
70
0.479
D/E ratiox
0.492
0.440
0.446
0.498
0.481
0.476
0.464
0.432
0.479
0.431
0.309
0.464
0.470
46
318.7
Enterprise value€M
196.4
199.3
186.3
199.0
191.2
215.4
211.8
238.9
274.4
317.8
730.3
10.70%
6.28%
57
651.1
LT debt€M
400.1
435.3
445.7
457.4
462.9
466.2
445.2
407.4
359.8
374.2
807.5
(4.16%)
(0.67%)
52
Revenue
€819.0M
2.71%
1.00×
Cost of revenue
€573.3M
2.71%
1.00×
Operating expenses
€167.6M
2.16%
0.95×
Cash and investments
17.37%
Spread over hurdle
(7.28%)