49.45
Revenue€M
477.0
522.2
569.2
612.2
648.2
691.5
753.2
800.9
876.9
942.7
50.44
7.78%
8.04%
37
25.42
Revenue growth%
6.64
4.54
1.80
4.21
5.64
6.57
6.42
8.20
11.16
13.19
4.99
8.20
6.50
47
7.70
Gross margin%
20.15
20.52
19.49
16.84
16.83
18.85
17.30
16.59
18.57
20.97
8.78
18.57
18.71
18
13.44
Operating margin%
4.87
3.65
6.34
7.21
4.53
4.87
5.53
4.85
2.73
1.04
18.78
4.85
4.86
68
14.13
Net margin%
9.76
11.35
12.71
14.51
12.59
11.90
13.57
12.62
11.89
9.09
13.36
11.90
12.25
16
34.78
P/E ratio (avg)x
26.11
24.32
23.88
22.57
24.41
24.21
24.16
27.07
29.13
30.64
34.33
27.07
24.37
52
9.012
EV/EBITx
37.28
39.09
38.51
37.64
42.55
39.46
41.24
46.38
45.06
48.08
15.33
45.06
40.35
81
26.01
FCF yield (avg)%
0.48
2.61
1.00
0.65
2.59
1.80
1.23
1.12
0.40
3.00
9.72
1.23
1.18
16
14.53
FCF margin%
24.02
26.50
26.45
27.11
29.18
27.87
25.19
27.18
29.28
30.91
16.19
27.87
27.15
73
1.477
FCF / Net incomex
1.621
1.532
1.387
1.475
1.342
1.310
1.368
1.404
1.461
1.336
1.744
1.368
1.396
40
16.35
ROIC%
15.77
14.00
15.71
15.61
16.61
16.54
14.88
12.03
11.12
9.09
12.88
12.03
15.24
5
20.62
Return on equity%
29.55
30.39
28.01
26.12
26.27
25.19
23.77
25.51
27.42
27.65
26.48
25.51
26.85
34
26.24
Return on assets%
10.21
9.65
12.10
12.27
12.22
13.02
15.09
15.66
14.83
12.45
17.24
14.83
12.36
85
0.54
EPS€
0.74
0.85
0.79
0.85
0.83
0.88
0.99
1.10
1.17
1.21
0.55
7.86%
4.35%
—
24.86
EPS growth%
27.21
25.52
28.15
25.77
22.82
21.16
24.10
22.10
23.59
24.86
7.92
23.59
24.48
56
1.01
Bookvalue per sh€
1.71
1.83
1.98
1.88
1.91
1.74
1.51
1.52
1.64
1.62
1.78
(3.21%)
0.08%
—
1.38
FCF per share€
2.48
2.88
3.07
3.34
3.67
3.50
3.48
3.77
4.15
4.06
0.53
2.04%
5.48%
—
0.54
Dividend per sh€
0.99
0.92
0.96
0.89
0.95
1.03
1.09
1.16
1.28
1.17
0.81
4.31%
1.22%
—
2.21
Div yield (avg)%
32.25
32.16
33.91
34.24
36.84
34.09
35.35
34.81
35.49
35.99
29.79
35.35
34.52
44
11.02
Payout ratio%
12.65
11.33
11.49
13.67
16.54
14.25
16.10
16.26
14.64
16.05
12.98
16.05
14.44
24
320.2
Shares (diluted)M
218.5
236.3
253.1
241.4
230.3
243.2
224.8
222.2
225.1
203.5
324.2
(2.44%)
(1.83%)
49
17.19
Buyback yield%
9.60
8.75
9.52
10.14
10.93
11.61
10.26
8.97
10.18
12.54
16.95
10.26
10.16
30
0.835
D/E ratiox
0.342
0.404
0.448
0.454
0.540
0.564
0.574
0.649
0.669
0.723
1.415
0.649
0.552
25
312.3
Enterprise value€M
331.2
326.6
319.1
334.9
386.1
425.2
435.5
446.9
433.6
515.7
655.5
5.96%
5.64%
33
0.420
LT debt€B
0.680
0.774
0.869
0.877
0.892
0.959
1.079
1.031
0.996
1.182
0.085
5.80%
6.91%
86
Revenue
€942.7M
8.04%
1.00×
Cost of revenue
€659.9M
8.04%
1.00×
Operating expenses
€118.0M
7.32%
0.94×
Cash and investments
14.58%
Spread over hurdle
(4.99%)