1.834
Revenue€M
3.858
4.094
4.497
4.821
5.284
5.723
6.212
6.685
7.386
8.009
2.023
8.67%
8.33%
78
23.99
Revenue growth%
31.08
30.65
32.85
33.98
36.21
37.32
35.60
33.90
31.70
32.89
17.61
33.90
33.39
12
5.95
Gross margin%
5.93
8.29
6.56
4.60
3.99
6.67
4.97
6.18
8.58
11.22
29.90
6.67
6.37
44
21.50
Operating margin%
7.75
9.19
9.90
10.72
8.79
6.53
7.24
8.29
10.02
12.98
20.19
8.29
8.99
30
9.85
Net margin%
13.08
13.22
12.83
13.63
13.18
11.77
12.44
12.08
10.61
10.93
20.66
11.77
12.64
62
17.99
P/E ratio (avg)x
20.57
21.99
23.51
25.01
26.39
26.32
28.56
31.02
35.39
37.00
33.34
31.02
26.35
10
24.29
EV/EBITx
25.86
24.70
25.06
26.81
27.49
28.54
30.18
32.53
29.01
28.73
36.23
29.01
28.01
21
22.07
FCF yield (avg)%
26.14
24.51
25.60
24.35
25.45
25.49
26.04
24.24
26.44
28.97
10.44
26.04
25.54
47
10.18
FCF margin%
4.38
5.24
7.91
7.20
6.16
5.01
4.30
5.63
7.74
6.59
16.19
5.63
5.90
95
0.719
FCF / Net incomex
0.446
0.477
0.544
0.611
0.679
0.693
0.726
0.759
0.832
0.926
1.633
0.759
0.686
49
10.29
ROIC%
20.90
23.03
23.68
25.36
25.91
26.70
24.08
25.95
27.52
25.02
29.14
25.95
25.19
24
11.55
Return on equity%
23.90
24.54
24.48
24.45
25.85
23.33
21.65
20.75
17.76
20.13
2.06
20.75
23.62
18
26.25
Return on assets%
12.06
14.55
16.53
18.42
17.57
15.78
14.01
12.51
15.16
13.34
20.04
14.01
14.85
95
0.14
EPS€
0.38
0.41
0.46
0.45
0.48
0.56
0.63
0.66
0.63
0.69
0.15
7.61%
7.58%
—
14.62
EPS growth%
24.97
23.48
24.93
26.93
24.46
26.76
28.97
29.22
29.90
31.24
4.82
29.22
26.84
76
0.25
Bookvalue per sh€
0.15
0.13
0.13
0.12
0.11
0.11
0.09
0.09
0.09
0.08
0.05
(5.35%)
(5.40%)
—
0.09
FCF per share€
0.11
0.10
0.10
0.09
0.08
0.08
0.08
0.08
0.07
0.06
0.27
(4.29%)
(6.15%)
—
0.04
Dividend per sh€
0.33
0.36
0.43
0.47
0.49
0.52
0.59
0.65
0.76
0.83
0.12
11.41%
9.33%
—
2.93
Div yield (avg)%
15.68
15.31
17.01
17.45
16.10
14.58
16.19
13.59
12.56
10.18
14.09
13.59
15.50
95
5.90
Payout ratio%
0.40
1.31
2.36
4.69
5.27
4.52
6.31
3.46
5.77
8.37
18.99
5.77
4.61
52
17.53
Shares (diluted)M
20.21
21.89
20.04
17.73
18.75
19.57
17.43
17.78
19.22
17.11
17.52
(1.81%)
(0.75%)
52
17.73
Buyback yield%
17.89
18.69
19.28
19.36
19.97
18.65
18.15
19.39
20.88
22.10
7.66
19.39
19.32
27
0.761
D/E ratiox
1.299
1.209
1.363
1.491
1.406
1.374
1.360
1.312
1.359
1.277
0.989
1.359
1.359
68
6.952
Enterprise value€M
3.816
4.077
4.284
4.637
4.936
5.048
5.430
5.685
6.050
5.433
3.635
1.94%
2.44%
13
5.035
LT debt€M
8.116
8.094
8.189
7.893
8.827
8.753
9.686
9.946
10.31
10.79
4.158
4.09%
4.05%
79
Revenue
€8.009M
8.33%
1.00×
Cost of revenue
€4.801M
8.38%
1.00×
Operating expenses
€1.475M
8.39%
1.01×
Goodwill & intangibles
17.89%
Spread over hurdle
23.67%