37.01
Revenue€M
31.44
33.97
36.97
39.43
41.93
44.52
47.60
51.52
55.00
59.56
38.59
7.27%
7.57%
29
21.75
Revenue growth%
17.93
18.36
19.50
16.68
14.68
15.20
17.63
19.69
17.25
17.82
11.87
17.63
17.72
21
9.52
Gross margin%
25.81
26.55
29.24
29.86
31.01
33.41
30.54
31.77
30.21
27.77
15.61
30.54
30.03
22
8.35
Operating margin%
13.27
14.66
15.36
17.12
14.56
12.04
12.46
10.06
7.62
8.93
25.78
10.06
12.86
36
8.02
Net margin%
5.78
6.07
5.89
6.61
6.08
7.12
8.17
6.59
4.29
1.48
28.03
6.59
6.08
39
20.35
P/E ratio (avg)x
34.89
32.61
31.03
31.72
31.87
32.76
30.73
30.31
32.00
37.34
31.17
32.00
31.93
28
29.94
EV/EBITx
22.34
25.18
23.29
26.09
28.18
31.71
35.00
35.69
35.54
37.74
17.47
35.54
29.94
15
2.69
FCF yield (avg)%
18.26
17.03
19.55
19.84
17.43
17.11
14.28
15.57
15.84
15.31
28.31
15.57
17.07
91
28.65
FCF margin%
15.77
17.84
19.86
21.09
19.37
18.57
17.72
17.19
16.43
17.45
14.88
17.45
17.78
70
0.223
FCF / Net incomex
0.262
0.255
0.278
0.309
0.328
0.331
0.351
0.378
0.401
0.460
1.696
0.378
0.330
80
18.53
ROIC%
2.11
2.77
3.68
6.67
7.20
9.61
7.85
4.96
5.95
7.95
6.14
7.85
6.31
33
23.95
Return on equity%
14.23
12.22
11.35
12.65
15.65
15.89
15.88
17.85
16.53
16.93
12.58
16.53
15.76
89
7.44
Return on assets%
0.40
1.69
2.38
0.40
1.62
0.40
0.40
0.40
2.42
5.31
9.40
0.40
1.01
92
0.91
EPS€
0.63
0.70
0.65
0.74
0.67
0.73
0.75
0.83
0.92
1.02
0.97
8.81%
5.17%
—
12.14
EPS growth%
23.42
24.02
25.95
26.17
27.32
26.52
25.69
26.41
29.35
26.58
5.86
26.52
26.29
62
0.58
Bookvalue per sh€
0.32
0.31
0.36
0.39
0.38
0.41
0.47
0.47
0.49
0.45
0.29
3.06%
4.18%
—
0.93
FCF per share€
0.98
0.96
1.00
1.10
1.11
1.02
1.11
1.04
1.18
1.23
0.84
2.04%
3.18%
—
0.32
Dividend per sh€
0.52
0.53
0.62
0.62
0.61
0.67
0.73
0.81
0.86
0.93
0.58
8.54%
6.86%
—
21.87
Div yield (avg)%
22.73
23.96
24.58
26.98
27.10
27.26
29.76
28.96
31.88
29.48
6.85
29.48
27.18
71
11.26
Payout ratio%
26.74
24.50
23.75
25.90
23.78
20.89
18.58
15.62
14.45
16.82
6.15
16.82
22.32
43
55.48
Shares (diluted)M
63.16
62.39
63.76
62.46
61.27
67.11
70.13
68.38
65.32
58.54
55.59
(0.91%)
(1.58%)
6
9.14
Buyback yield%
20.26
20.35
19.92
20.45
22.87
24.25
24.12
25.45
26.92
24.48
24.91
24.48
23.50
92
0.370
D/E ratiox
1.989
2.206
2.254
2.583
2.781
2.848
3.225
3.707
4.299
5.151
1.383
3.707
2.814
34
7.483
Enterprise value€M
128.2
135.7
147.5
151.3
167.4
184.2
176.0
185.3
195.7
207.5
27.29
4.39%
4.68%
70
22.49
LT debt€M
72.96
77.73
90.01
96.47
95.47
105.3
100.0
97.59
99.20
110.0
57.81
2.88%
5.33%
78
Revenue
€59.56M
7.57%
1.00×
Cost of revenue
€39.62M
7.76%
1.02×
Operating expenses
€13.08M
6.78%
0.93×
Spread over hurdle
(6.38%)