2.889
Revenue€M
2.216
2.316
2.484
2.570
2.756
2.849
2.935
3.132
3.353
3.592
3.107
5.45%
5.66%
83
5.53
Revenue growth%
18.90
17.83
19.88
22.01
19.20
20.45
20.01
22.78
22.35
21.37
4.54
21.37
20.23
57
2.71
Gross margin%
6.30
5.88
3.06
0.72
1.11
3.31
4.92
4.49
4.13
2.98
6.52
4.13
3.72
67
10.27
Operating margin%
31.86
33.57
34.85
35.50
32.67
34.42
32.06
32.82
33.74
31.40
29.69
32.82
33.20
25
7.55
Net margin%
5.89
8.31
7.34
6.07
8.42
11.08
9.16
9.62
11.56
10.88
16.01
10.88
8.79
13
16.60
P/E ratio (avg)x
42.10
43.84
41.88
43.69
50.85
52.25
57.91
57.01
63.75
66.65
6.211
57.91
51.55
87
30.66
EV/EBITx
37.57
39.28
38.34
41.61
41.34
45.38
45.83
53.98
62.60
62.83
9.534
53.98
43.49
48
6.62
FCF yield (avg)%
20.84
18.37
20.98
22.83
25.03
22.82
23.04
20.60
23.03
25.53
7.39
23.03
22.82
92
20.08
FCF margin%
20.01
20.11
17.96
20.38
18.55
19.21
20.87
19.39
21.92
21.24
29.51
20.87
20.06
80
1.663
FCF / Net incomex
0.590
0.577
0.545
0.583
0.541
0.571
0.541
0.561
0.537
0.524
1.386
0.541
0.553
58
13.62
ROIC%
21.58
24.46
23.40
22.74
20.60
21.30
22.43
22.82
21.65
19.99
10.09
21.65
22.04
22
24.31
Return on equity%
31.77
28.86
27.77
27.31
26.58
26.48
23.86
22.59
23.38
22.82
15.85
23.38
26.53
56
13.73
Return on assets%
26.48
23.50
21.81
23.18
22.16
21.96
20.65
20.67
22.52
22.14
13.37
21.96
22.15
52
0.19
EPS€
0.05
0.05
0.05
0.06
0.07
0.07
0.08
0.08
0.08
0.09
0.19
5.64%
7.43%
—
15.86
EPS growth%
6.92
5.83
8.40
8.35
9.49
10.37
7.69
7.82
6.86
9.20
14.88
7.82
8.08
74
0.18
Bookvalue per sh€
0.17
0.15
0.16
0.17
0.16
0.17
0.15
0.15
0.15
0.15
0.08
(0.52%)
0.09%
—
0.06
FCF per share€
0.25
0.25
0.25
0.29
0.31
0.33
0.38
0.45
0.49
0.52
0.03
11.00%
9.21%
—
0.10
Dividend per sh€
0.08
0.08
0.07
0.06
0.05
0.05
0.05
0.05
0.05
0.04
0.03
(2.97%)
(7.17%)
—
13.76
Div yield (avg)%
2.66
0.69
0.40
2.22
1.83
2.60
2.15
4.54
3.71
3.80
26.22
3.71
2.41
93
21.74
Payout ratio%
17.07
17.84
16.02
17.25
14.96
14.41
12.59
12.57
13.23
10.25
21.57
12.59
14.68
82
12.87
Shares (diluted)M
15.92
15.69
16.38
18.07
21.50
22.12
24.98
24.01
27.33
29.37
13.04
6.43%
7.52%
14
26.62
Buyback yield%
19.64
20.01
20.73
20.30
19.79
17.15
17.45
20.10
21.38
23.42
10.07
20.10
20.05
59
0.560
D/E ratiox
1.476
1.478
1.325
1.384
1.266
1.230
1.205
1.303
1.225
1.164
1.414
1.225
1.284
95
2.455
Enterprise value€M
1.817
2.168
2.549
2.845
2.754
2.872
3.035
3.367
3.647
3.938
1.082
7.42%
8.49%
13
0.829
LT debt€M
0.597
0.662
0.686
0.637
0.588
0.578
0.554
0.533
0.528
0.577
2.230
(0.38%)
0.67%
30
Revenue
€3.592M
5.66%
1.00×
Cost of revenue
€2.515M
5.82%
1.02×
Operating expenses
€0.600M
5.31%
0.97×
Property and equipment
19.28%
Cash and investments
15.09%
Spread over hurdle
10.52%