172.2
Revenue€M
171.3
180.1
194.8
210.0
222.8
240.3
251.6
272.1
285.1
308.5
191.3
6.73%
6.79%
69
5.71
Revenue growth%
0.40
0.40
0.40
0.40
2.35
3.53
6.32
6.37
4.16
6.87
21.00
6.32
2.94
47
11.29
Gross margin%
27.14
27.48
27.11
29.99
29.43
27.99
27.75
27.35
26.63
28.65
28.36
27.75
27.62
15
21.54
Operating margin%
22.61
21.01
19.91
21.92
21.05
18.32
16.51
16.09
14.10
11.57
18.85
16.09
19.11
18
17.41
Net margin%
9.96
11.36
9.32
12.32
10.50
11.42
13.59
15.81
17.54
16.75
12.39
15.81
11.87
67
19.08
P/E ratio (avg)x
39.97
37.98
40.90
37.50
34.56
36.90
37.69
37.50
41.29
43.29
25.93
37.69
37.83
83
35.05
EV/EBITx
31.89
30.14
31.90
32.78
28.11
30.55
27.11
23.94
23.87
23.62
35.91
23.94
29.12
41
6.11
FCF yield (avg)%
22.05
24.45
26.45
26.19
26.73
25.75
25.82
27.12
25.64
24.09
29.27
25.75
25.79
77
5.64
FCF margin%
24.79
23.56
23.86
21.07
20.35
18.23
17.64
19.49
21.02
23.09
26.33
19.49
21.05
38
1.347
FCF / Net incomex
0.820
0.928
0.992
0.968
1.063
1.256
1.315
1.297
1.388
1.357
0.178
1.315
1.159
75
21.23
ROIC%
16.87
19.29
20.65
23.13
23.18
21.64
21.36
23.62
24.36
24.43
10.08
23.62
22.39
66
9.68
Return on equity%
27.28
27.32
25.36
27.31
29.66
29.35
31.45
30.67
29.00
28.70
26.49
29.35
28.85
68
23.91
Return on assets%
5.70
7.70
5.69
4.55
5.69
3.55
5.86
4.85
5.59
6.00
24.08
5.59
5.69
27
0.58
EPS€
0.36
0.39
0.40
0.39
0.37
0.38
0.42
0.39
0.41
0.41
0.64
2.28%
2.47%
—
18.03
EPS growth%
15.07
15.52
17.25
16.29
18.76
20.02
18.83
21.31
18.34
16.81
19.98
18.83
17.80
84
0.11
Bookvalue per sh€
0.74
0.68
0.62
0.57
0.56
0.54
0.51
0.55
0.53
0.57
0.43
0.48%
(2.51%)
—
0.34
FCF per share€
1.04
1.16
1.33
1.29
1.29
1.21
1.27
1.40
1.57
1.58
0.33
4.10%
5.16%
—
0.35
Dividend per sh€
0.74
0.79
0.83
0.78
0.77
0.84
0.82
0.81
0.90
0.94
0.44
4.05%
2.37%
—
7.17
Div yield (avg)%
10.39
7.96
7.23
7.62
4.85
2.24
2.66
3.59
2.53
0.40
27.67
2.53
4.22
24
26.97
Payout ratio%
12.64
10.81
9.05
7.54
7.11
7.73
7.79
8.84
11.68
13.53
19.29
8.84
8.94
91
182.5
Shares (diluted)M
233.9
225.9
219.9
216.1
225.8
222.4
220.1
203.7
193.5
178.8
192.8
(4.56%)
(1.80%)
68
24.33
Buyback yield%
24.09
21.44
20.46
17.58
14.68
13.89
13.03
10.81
10.74
9.21
12.15
10.81
14.29
84
0.638
D/E ratiox
0.709
0.673
0.601
0.591
0.527
0.538
0.466
0.446
0.433
0.399
1.256
0.446
0.532
18
272.5
Enterprise value€M
159.1
161.5
161.5
173.9
176.8
182.8
196.6
186.7
184.8
201.5
237.4
2.66%
2.35%
37
41.23
LT debt€M
29.25
26.16
26.33
25.69
24.81
24.92
23.02
21.97
23.85
23.42
138.1
(1.15%)
(1.12%)
44
Revenue
€308.5M
6.79%
1.00×
Cost of revenue
€185.1M
7.03%
1.02×
Operating expenses
€44.56M
6.68%
0.99×
Goodwill & intangibles
19.25%
Cash and investments
17.43%