117.9
Revenue€M
318.6
335.3
356.6
367.6
383.0
397.2
411.0
426.8
450.2
464.3
127.8
3.92%
4.10%
48
8.70
Revenue growth%
1.30
2.55
0.40
2.04
4.33
2.57
4.51
4.02
4.76
2.71
4.94
4.02
2.64
13
6.37
Gross margin%
18.71
18.00
19.83
19.51
18.67
17.37
17.28
19.54
19.85
22.39
15.70
19.54
19.11
69
5.59
Operating margin%
30.21
32.86
31.52
32.94
30.17
29.77
28.14
26.90
26.96
27.33
10.06
27.33
29.97
74
24.47
Net margin%
2.28
5.09
3.19
6.10
3.35
1.54
3.08
1.08
2.03
4.72
2.38
2.03
3.13
45
15.37
P/E ratio (avg)x
22.13
26.50
31.47
32.33
35.49
38.47
37.14
41.86
47.40
46.38
9.303
41.86
36.31
25
25.76
EV/EBITx
9.142
8.645
9.350
9.009
7.860
7.879
7.915
7.228
7.570
8.334
26.36
7.879
8.125
5
21.80
FCF yield (avg)%
17.37
16.69
13.86
15.67
17.79
20.61
19.68
17.58
16.43
15.88
2.75
17.58
17.03
30
7.26
FCF margin%
4.06
2.87
0.69
3.37
1.03
0.52
2.80
3.70
4.59
3.44
13.21
3.44
3.12
15
0.309
FCF / Net incomex
1.781
1.853
2.049
1.885
2.044
2.123
2.087
1.958
1.804
1.713
1.605
1.958
1.921
81
7.50
ROIC%
11.05
11.57
13.41
13.70
14.81
14.61
12.96
12.17
10.23
8.33
27.87
12.17
12.57
78
26.69
Return on equity%
24.72
27.26
27.05
27.59
26.75
27.88
26.97
26.04
23.87
25.66
29.81
26.04
26.86
25
25.17
Return on assets%
31.59
33.45
35.99
36.44
36.86
34.36
36.46
33.76
31.71
30.02
23.15
33.76
34.06
92
0.69
EPS€
0.72
0.74
0.79
0.70
0.69
0.65
0.62
0.66
0.68
0.69
0.72
(0.26%)
(1.55%)
—
14.53
EPS growth%
23.67
22.41
19.62
22.17
23.44
24.08
27.06
24.53
23.24
21.02
21.47
24.08
23.34
16
0.55
Bookvalue per sh€
1.09
1.23
1.23
1.14
1.30
1.21
1.13
1.17
1.18
1.14
1.27
(2.50%)
0.13%
—
0.40
FCF per share€
0.49
0.54
0.54
0.56
0.60
0.59
0.60
0.59
0.58
0.69
1.46
2.71%
4.42%
—
1.47
Dividend per sh€
2.37
2.80
2.93
2.89
3.33
3.35
3.49
3.75
4.38
5.18
0.90
9.26%
8.12%
—
24.91
Div yield (avg)%
25.55
25.64
26.56
25.80
26.61
27.82
29.41
31.82
33.04
35.93
14.34
31.82
27.22
42
23.39
Payout ratio%
9.22
11.86
10.24
9.52
8.50
11.23
13.29
11.75
10.23
7.46
8.34
11.23
10.24
73
92.92
Shares (diluted)M
159.7
168.6
185.6
185.8
213.0
209.1
210.2
248.5
283.6
280.7
92.92
5.67%
6.63%
56
4.67
Buyback yield%
7.80
7.35
9.19
7.76
5.84
4.04
4.62
5.96
2.97
5.73
8.64
4.62
5.90
72
1.227
D/E ratiox
1.044
1.041
1.077
1.265
1.501
1.521
1.606
1.689
1.775
2.063
0.312
1.689
1.511
26
178.7
Enterprise value€M
332.0
319.0
334.7
383.2
440.0
428.5
442.0
434.8
457.3
521.2
257.6
3.44%
4.06%
86
343.6
LT debt€M
18.04
19.50
18.37
15.73
14.53
13.57
12.20
12.77
12.41
10.79
242.0
(5.78%)
(6.52%)
20
Revenue
€464.3M
4.10%
1.00×
Cost of revenue
€253.5M
3.80%
0.97×
Operating expenses
€75.17M
4.00%
0.99×
Goodwill & intangibles
16.52%
Spread over hurdle
26.40%