3.720
Revenue€M
21.36
21.99
22.40
23.32
23.44
23.81
24.54
25.25
25.76
26.17
3.830
2.23%
2.06%
93
24.60
Revenue growth%
13.27
12.56
12.35
9.46
7.73
5.02
2.08
2.70
0.99
1.46
22.04
2.08
6.38
23
6.96
Gross margin%
14.53
13.92
15.26
14.46
13.88
11.55
8.84
8.48
8.18
7.09
21.29
8.48
12.72
14
8.34
Operating margin%
16.39
18.88
16.29
14.84
16.03
13.63
16.58
17.16
16.87
19.78
3.80
16.87
16.48
77
9.04
Net margin%
4.64
2.36
1.85
0.40
0.95
3.19
0.40
2.38
0.53
1.19
15.26
1.19
1.52
25
35.19
P/E ratio (avg)x
33.92
32.27
32.62
31.95
31.22
30.61
33.18
37.05
43.21
47.86
27.32
37.05
32.90
19
32.45
EV/EBITx
43.31
44.07
42.23
43.09
45.96
51.61
47.41
49.14
53.44
56.56
6.792
51.61
46.69
90
15.68
FCF yield (avg)%
20.44
21.00
21.52
19.04
17.17
17.80
16.69
14.16
12.11
10.46
15.80
14.16
17.48
59
4.33
FCF margin%
4.42
7.12
6.70
6.08
4.92
6.97
4.87
5.87
8.33
6.24
26.00
6.24
6.16
43
0.165
FCF / Net incomex
1.313
1.513
1.740
1.744
1.756
1.918
2.163
2.327
2.740
3.127
0.828
2.327
1.837
63
3.49
ROIC%
22.88
19.97
20.90
23.12
23.89
22.10
22.36
22.94
25.18
22.80
20.85
22.80
22.84
23
2.53
Return on equity%
35.00
34.23
31.83
33.30
32.49
31.89
29.98
32.47
29.89
32.82
23.50
31.89
32.48
33
17.79
Return on assets%
28.23
26.29
23.43
25.20
28.16
29.54
31.81
32.19
34.27
36.80
29.40
32.19
28.89
58
0.37
EPS€
0.10
0.10
0.09
0.08
0.08
0.07
0.08
0.07
0.07
0.06
0.39
(6.13%)
(6.71%)
—
16.24
EPS growth%
9.96
9.03
11.79
12.45
10.64
10.25
12.11
11.24
13.43
15.39
22.78
12.11
11.51
39
0.26
Bookvalue per sh€
0.37
0.39
0.37
0.34
0.35
0.33
0.33
0.35
0.34
0.35
0.22
0.30%
0.15%
—
0.32
FCF per share€
0.33
0.33
0.33
0.30
0.27
0.26
0.26
0.26
0.23
0.21
0.14
(5.15%)
(5.79%)
—
0.20
Dividend per sh€
0.28
0.25
0.23
0.21
0.21
0.21
0.23
0.23
0.21
0.23
0.07
1.32%
(2.42%)
—
5.13
Div yield (avg)%
7.63
5.51
5.35
5.88
5.66
5.97
4.37
7.32
7.15
7.55
3.61
7.15
5.93
16
22.74
Payout ratio%
26.43
29.38
26.82
24.00
22.51
21.83
22.24
23.31
25.26
22.41
8.82
22.41
23.66
5
22.42
Shares (diluted)M
28.10
29.06
32.06
32.71
36.93
38.56
40.63
40.73
39.47
44.32
21.84
3.72%
4.47%
43
23.11
Buyback yield%
9.72
12.54
11.10
10.91
9.02
10.29
11.78
9.90
8.74
8.00
24.20
9.90
10.10
84
1.397
D/E ratiox
1.755
1.681
1.573
1.495
1.521
1.554
1.634
1.713
1.881
1.758
0.796
1.713
1.657
26
2.785
Enterprise value€M
27.68
27.28
29.97
31.32
35.69
36.73
39.66
37.92
43.63
47.26
11.68
5.77%
5.70%
92
8.371
LT debt€M
13.74
12.07
12.73
12.58
11.57
12.07
12.21
11.82
12.92
13.82
21.84
3.62%
(1.12%)
94
Revenue
€26.17M
2.06%
1.00×
Cost of revenue
€14.02M
2.34%
1.03×
Operating expenses
€6.263M
1.53%
0.95×
Goodwill & intangibles
16.64%
Spread over hurdle
(0.70%)