1.452
Revenue€M
1.908
2.049
2.217
2.408
2.604
2.782
2.962
3.102
3.374
3.544
1.503
6.36%
6.93%
82
10.24
Revenue growth%
23.58
21.30
23.81
23.92
24.57
24.11
21.17
20.19
17.45
19.21
8.58
20.19
22.44
13
20.39
Gross margin%
20.63
18.96
17.12
16.38
16.17
16.75
16.78
19.57
20.81
21.19
26.77
19.57
18.04
16
10.63
Operating margin%
14.16
14.66
12.02
14.02
13.51
12.83
13.64
12.39
10.89
8.74
26.61
12.39
13.17
73
26.55
Net margin%
24.09
25.51
22.66
23.12
21.88
19.70
18.13
15.27
17.15
16.62
9.17
17.15
20.79
9
37.07
P/E ratio (avg)x
23.94
20.56
19.39
18.32
18.26
18.56
18.65
18.70
18.97
17.60
35.83
18.65
18.68
66
34.20
EV/EBITx
18.61
21.36
25.40
25.02
26.61
25.95
30.50
31.46
34.64
40.20
25.55
31.46
26.28
40
9.58
FCF yield (avg)%
2.00
0.40
0.89
0.40
0.40
0.40
3.31
5.24
3.20
3.68
27.83
3.31
1.44
39
8.92
FCF margin%
18.97
19.85
21.64
23.32
22.04
24.09
22.70
23.00
24.02
22.69
3.71
23.00
22.70
20
1.036
FCF / Net incomex
1.312
1.339
1.404
1.414
1.392
1.464
1.653
1.497
1.397
1.447
1.067
1.464
1.409
40
13.70
ROIC%
2.95
3.11
0.98
0.40
1.17
0.40
2.13
3.05
2.56
5.52
20.18
2.56
2.35
71
7.92
Return on equity%
18.31
17.20
15.86
14.82
15.02
13.54
11.54
12.93
15.41
17.24
7.85
13.54
15.21
51
11.05
Return on assets%
24.89
26.87
23.91
22.05
20.77
22.37
24.93
27.93
27.22
29.22
24.57
27.22
24.91
55
0.14
EPS€
0.24
0.25
0.24
0.23
0.22
0.20
0.21
0.22
0.24
0.22
0.15
0.08%
(1.92%)
—
6.23
EPS growth%
17.83
17.22
14.42
13.88
16.51
13.69
12.69
12.30
12.59
12.55
22.19
12.59
13.78
85
0.08
Bookvalue per sh€
0.25
0.23
0.23
0.23
0.23
0.26
0.28
0.29
0.32
0.33
0.16
7.08%
4.11%
—
0.22
FCF per share€
0.30
0.36
0.37
0.41
0.47
0.50
0.54
0.57
0.58
0.65
0.07
6.87%
8.42%
—
0.07
Dividend per sh€
0.10
0.11
0.13
0.15
0.17
0.18
0.20
0.23
0.25
0.24
0.08
7.11%
10.98%
—
24.26
Div yield (avg)%
0.57
1.47
0.40
3.27
1.19
0.40
3.35
0.40
3.31
5.47
16.17
3.31
1.33
58
19.26
Payout ratio%
3.01
4.01
5.64
7.89
9.54
10.07
7.51
5.15
2.62
1.87
15.63
5.15
5.39
32
3.584
Shares (diluted)M
4.498
4.696
4.935
5.328
5.175
5.911
5.790
6.611
7.620
8.681
3.761
10.90%
6.63%
74
5.32
Buyback yield%
0.40
2.88
2.60
4.43
4.41
3.31
1.63
1.13
0.40
2.19
13.14
1.63
2.39
65
1.146
D/E ratiox
2.148
2.448
2.532
2.911
3.157
3.275
3.731
3.641
4.322
4.431
0.342
3.731
3.216
23
2.851
Enterprise value€M
5.524
5.950
5.968
5.938
7.066
6.966
6.702
7.334
7.262
7.701
3.572
1.74%
4.86%
48
2.499
LT debt€M
0.643
0.575
0.609
0.595
0.597
0.652
0.660
0.726
0.739
0.812
3.466
6.33%
2.96%
10
Revenue
€3.544M
6.93%
1.00×
Cost of revenue
€1.967M
6.96%
1.00×
Operating expenses
€0.387M
6.46%
0.96×
Cash and investments
19.39%
Spread over hurdle
49.77%