130.1
Revenue€M
185.0
198.5
214.8
236.0
251.2
276.6
305.1
327.4
354.4
380.9
132.9
8.68%
8.49%
83
10.55
Revenue growth%
13.32
12.91
10.17
10.56
13.53
16.53
17.49
17.16
15.37
17.47
26.45
17.16
14.45
79
26.93
Gross margin%
15.68
13.42
12.48
14.06
13.16
13.29
15.75
17.62
15.66
15.70
9.21
15.70
14.86
34
19.39
Operating margin%
15.42
13.22
13.47
14.21
15.32
13.19
10.98
8.44
10.39
9.21
3.60
10.39
13.20
64
2.62
Net margin%
9.38
10.06
8.93
9.83
9.05
7.50
9.18
9.93
12.67
15.03
24.27
9.93
9.60
55
24.16
P/E ratio (avg)x
48.86
50.26
49.95
52.41
52.37
53.78
50.31
48.20
45.71
52.32
34.39
50.31
50.28
82
37.19
EV/EBITx
22.03
25.02
29.10
33.50
37.49
41.51
44.15
42.70
43.78
41.36
30.07
42.70
39.42
9
24.05
FCF yield (avg)%
17.15
17.14
18.15
20.67
23.63
26.31
26.55
26.23
26.77
24.85
22.85
26.31
24.24
19
16.95
FCF margin%
10.44
9.23
9.75
8.17
8.66
9.89
11.60
9.83
10.26
8.59
26.77
9.89
9.79
30
1.536
FCF / Net incomex
0.211
0.189
0.167
0.181
0.166
0.145
0.139
0.147
0.141
0.126
0.425
0.141
0.157
79
20.59
ROIC%
5.99
5.60
6.95
8.75
11.62
13.33
13.51
16.35
17.50
20.05
13.24
16.35
12.47
56
21.70
Return on equity%
3.44
0.99
1.79
0.40
2.12
4.01
4.13
3.64
2.71
2.42
23.72
3.64
2.56
15
22.27
Return on assets%
22.73
20.59
19.29
18.70
17.46
15.62
18.60
16.07
15.51
17.53
27.29
16.07
18.07
91
6.72
EPS€
1.19
1.30
1.33
1.43
1.61
1.60
1.64
1.78
1.79
1.87
7.47
3.03%
4.24%
—
4.30
EPS growth%
9.51
9.43
10.33
11.21
14.09
13.97
16.83
16.32
17.81
20.21
3.14
16.83
14.03
46
4.30
Bookvalue per sh€
2.35
2.72
2.85
3.26
3.65
3.51
3.66
4.08
4.17
4.41
4.88
3.85%
7.52%
—
2.42
FCF per share€
1.05
1.21
1.15
1.14
1.25
1.20
1.36
1.28
1.31
1.33
3.88
1.26%
1.65%
—
5.15
Dividend per sh€
3.02
3.35
3.60
4.02
4.52
5.11
5.36
5.52
5.06
4.97
2.45
1.91%
6.45%
—
7.60
Div yield (avg)%
11.34
10.54
9.44
12.43
15.36
13.44
14.48
12.40
10.38
9.46
11.60
12.40
11.87
73
27.52
Payout ratio%
24.50
23.06
21.48
20.23
20.06
22.65
22.00
24.29
21.65
22.66
10.99
22.65
22.33
56
22.80
Shares (diluted)M
23.58
23.81
23.55
24.13
24.53
24.21
22.01
20.05
19.02
17.53
21.76
(6.50%)
(3.33%)
46
11.45
Buyback yield%
0.40
0.40
2.04
3.95
2.92
5.17
2.68
3.08
3.77
1.41
5.77
3.08
2.80
76
0.500
D/E ratiox
1.531
1.822
2.053
2.336
2.380
2.601
2.536
2.766
2.964
3.336
0.130
2.766
2.458
38
247.4
Enterprise value€M
152.6
141.6
137.8
137.9
120.9
117.1
129.2
140.3
141.0
147.0
195.9
4.00%
(1.71%)
21
240.0
LT debt€M
208.0
227.4
248.1
272.3
242.5
252.8
247.2
261.1
246.9
268.1
306.7
2.03%
3.13%
12
Revenue
€380.9M
8.49%
1.00×
Cost of revenue
€186.3M
8.65%
1.01×
Operating expenses
€91.01M
8.62%
1.01×
Goodwill & intangibles
14.68%
Spread over hurdle
31.42%