1.835
Revenue€M
1.474
1.579
1.758
1.923
2.074
2.274
2.453
2.654
2.868
3.071
1.921
8.16%
8.70%
21
29.47
Revenue growth%
12.89
11.74
9.45
12.24
13.25
13.36
14.69
15.33
17.86
18.66
24.37
15.33
13.30
27
8.77
Gross margin%
15.06
12.94
15.21
17.48
15.86
14.18
13.68
16.07
14.83
17.23
9.11
14.83
15.14
62
15.55
Operating margin%
5.49
5.12
4.64
3.79
5.35
4.17
6.89
6.36
4.98
7.13
24.88
6.36
5.23
46
13.26
Net margin%
25.05
27.63
25.12
27.12
26.52
24.52
22.72
19.98
17.90
18.30
10.53
19.98
24.78
85
30.01
P/E ratio (avg)x
17.39
16.26
17.61
15.83
13.95
14.29
14.80
12.63
10.78
11.37
11.24
12.63
14.55
76
12.08
EV/EBITx
30.83
34.76
37.27
38.04
43.95
51.17
60.40
61.17
65.30
63.60
17.44
61.17
47.56
42
25.42
FCF yield (avg)%
7.54
5.22
5.01
4.10
1.90
4.75
6.84
6.32
3.41
3.60
8.21
4.75
4.88
77
7.99
FCF margin%
26.54
26.83
29.72
31.72
30.99
33.51
35.93
36.50
34.23
36.31
19.40
35.93
32.61
29
1.613
FCF / Net incomex
1.883
1.872
2.163
2.194
2.087
1.958
2.038
1.944
1.926
2.013
1.565
1.958
1.986
27
17.97
ROIC%
18.75
18.62
20.75
22.59
21.26
23.52
23.25
25.18
27.72
28.46
28.63
25.18
22.92
13
7.04
Return on equity%
6.18
3.55
6.12
5.08
2.23
3.22
2.49
4.15
3.98
1.27
11.31
3.22
3.76
50
19.81
Return on assets%
12.38
11.06
12.32
14.40
13.14
12.57
12.58
12.81
15.69
18.54
19.02
12.81
12.70
7
0.05
EPS€
0.13
0.14
0.17
0.19
0.17
0.19
0.22
0.25
0.29
0.33
0.06
13.39%
10.95%
—
2.25
EPS growth%
21.81
22.81
23.66
21.47
21.31
19.51
20.52
20.34
18.53
16.83
27.91
19.51
20.92
28
0.14
Bookvalue per sh€
0.17
0.19
0.22
0.23
0.22
0.23
0.26
0.25
0.25
0.30
0.05
6.38%
7.59%
—
0.11
FCF per share€
0.07
0.07
0.08
0.08
0.08
0.08
0.07
0.08
0.08
0.09
0.20
1.93%
2.03%
—
0.11
Dividend per sh€
0.27
0.28
0.32
0.34
0.34
0.37
0.44
0.52
0.60
0.60
0.14
12.34%
9.24%
—
22.23
Div yield (avg)%
16.02
15.53
13.10
10.17
8.70
8.87
6.11
7.41
6.79
6.32
14.51
6.79
8.78
94
5.17
Payout ratio%
17.13
17.28
15.79
15.08
15.67
12.87
10.42
12.35
14.81
14.31
29.41
12.87
14.95
56
7.696
Shares (diluted)M
9.003
8.768
8.931
9.277
8.896
8.286
7.876
8.236
9.070
8.552
7.375
(0.79%)
(0.49%)
8
16.57
Buyback yield%
17.40
14.93
15.16
18.04
17.07
18.51
21.17
22.21
19.89
22.36
6.66
21.17
18.27
78
1.035
D/E ratiox
0.428
0.390
0.352
0.303
0.273
0.290
0.306
0.314
0.289
0.302
1.344
0.302
0.305
77
3.146
Enterprise value€M
2.574
2.405
2.607
2.429
2.329
2.204
2.282
2.236
2.413
2.518
1.544
1.57%
0.57%
23
2.510
LT debt€M
3.649
3.409
3.174
3.100
3.364
3.671
4.168
4.383
4.045
3.985
2.254
3.45%
1.32%
62
Revenue
€3.071M
8.70%
1.00×
Cost of revenue
€2.146M
8.87%
1.02×
Operating expenses
€0.381M
8.78%
1.01×
Goodwill & intangibles
18.81%
Spread over hurdle
(5.54%)