1.267
Revenue€M
2.279
2.383
2.508
2.625
2.789
2.972
3.123
3.255
3.454
3.618
1.386
5.34%
5.10%
17
25.60
Revenue growth%
5.65
8.19
5.38
5.19
6.81
6.10
4.24
6.11
9.05
8.36
15.34
6.11
6.10
58
11.93
Gross margin%
22.15
23.51
24.04
22.69
24.36
24.46
23.52
24.26
26.39
28.89
19.35
24.46
24.15
59
9.33
Operating margin%
13.03
15.72
15.49
14.96
16.68
15.28
14.84
15.96
13.15
14.55
5.46
14.84
15.12
44
8.96
Net margin%
7.54
4.62
5.89
7.52
9.57
11.53
12.78
15.47
17.36
20.15
15.88
15.47
10.55
70
11.81
P/E ratio (avg)x
58.70
64.22
66.83
69.28
68.90
65.68
68.34
64.25
72.16
75.10
14.59
68.34
67.59
59
31.22
EV/EBITx
36.00
37.23
34.13
36.43
40.67
41.06
38.10
34.24
33.07
36.57
20.17
36.57
36.50
13
21.89
FCF yield (avg)%
14.50
15.65
14.56
16.73
18.35
16.43
15.65
13.14
15.87
15.39
26.35
15.65
15.65
34
21.33
FCF margin%
8.33
7.32
7.33
8.22
5.32
3.68
0.90
1.96
3.25
3.57
27.66
3.25
4.50
52
1.681
FCF / Net incomex
0.487
0.458
0.448
0.385
0.373
0.357
0.304
0.280
0.275
0.271
0.483
0.280
0.365
94
7.08
ROIC%
20.10
22.54
21.58
18.89
19.30
18.50
19.20
19.96
18.61
16.05
17.30
18.61
19.25
41
6.81
Return on equity%
17.46
16.72
17.50
18.54
17.75
16.30
14.56
11.98
10.11
7.97
29.55
11.98
16.51
76
14.35
Return on assets%
6.08
4.97
7.48
10.03
7.33
4.69
2.51
3.79
5.09
4.23
21.71
4.23
5.03
90
0.11
EPS€
0.14
0.13
0.16
0.16
0.19
0.22
0.22
0.24
0.26
0.30
0.12
10.16%
10.44%
—
20.20
EPS growth%
18.37
18.56
20.74
19.65
22.20
19.35
17.83
17.64
15.22
14.33
13.49
17.64
18.47
86
0.15
Bookvalue per sh€
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.19
0.45%
0.92%
—
0.03
FCF per share€
0.03
0.02
0.02
0.02
0.03
0.02
0.02
0.02
0.02
0.02
0.04
(5.43%)
(2.39%)
—
0.12
Dividend per sh€
0.29
0.32
0.32
0.37
0.39
0.46
0.55
0.56
0.67
0.77
0.17
14.74%
10.61%
—
24.07
Div yield (avg)%
24.19
25.15
24.30
26.31
23.81
23.83
22.33
24.70
24.65
23.18
25.40
23.83
24.24
75
20.71
Payout ratio%
24.68
22.12
24.92
24.05
22.87
24.37
23.78
23.81
21.01
23.69
2.07
23.78
23.79
47
8.499
Shares (diluted)M
8.663
9.265
8.199
8.626
7.843
6.975
7.000
6.300
6.658
6.887
8.750
(2.57%)
(2.41%)
33
28.01
Buyback yield%
17.02
15.95
15.86
16.34
15.07
14.07
13.66
12.69
11.78
11.94
8.95
12.69
14.57
50
0.460
D/E ratiox
1.043
1.106
1.066
1.140
1.214
1.237
1.302
1.257
1.103
1.052
1.288
1.237
1.123
90
1.769
Enterprise value€M
2.843
3.135
3.110
2.875
2.967
3.073
2.940
3.068
3.406
3.730
2.935
4.68%
2.01%
83
3.014
LT debt€M
3.838
4.190
4.894
5.784
6.056
6.548
7.715
8.890
9.203
10.06
1.813
10.69%
9.91%
88
Revenue
€3.618M
5.10%
1.00×
Cost of revenue
€2.533M
5.10%
1.00×
Operating expenses
€0.709M
5.25%
1.01×
Spread over hurdle
(1.57%)