5.124
Revenue€B
2.000
2.169
2.356
2.580
2.780
2.991
3.226
3.437
3.723
4.025
5.272
7.68%
7.87%
31
24.89
Revenue growth%
6.14
6.91
7.46
6.50
9.42
7.08
4.99
3.72
3.38
2.16
28.33
3.72
6.32
7
20.24
Gross margin%
11.13
10.00
12.59
15.35
13.89
13.00
16.00
15.54
14.43
17.01
12.52
15.54
14.16
61
15.96
Operating margin%
9.22
6.58
6.13
5.03
7.91
6.76
9.01
11.30
9.73
6.96
15.62
9.01
7.43
75
12.47
Net margin%
5.47
6.66
5.17
2.50
1.24
0.40
1.52
0.40
2.31
2.73
28.38
1.52
2.40
82
29.67
P/E ratio (avg)x
23.39
21.31
19.57
18.25
18.93
18.18
16.20
17.40
19.51
17.67
31.65
17.67
18.59
21
31.73
EV/EBITx
31.77
36.19
42.38
47.64
53.32
57.81
58.60
60.03
71.40
70.90
24.04
60.03
55.56
67
18.53
FCF yield (avg)%
14.77
14.50
12.55
12.52
12.51
9.69
6.96
8.94
8.84
6.02
7.29
8.84
11.10
5
12.68
FCF margin%
27.76
28.28
29.77
28.80
28.77
31.47
29.31
31.97
29.37
30.53
18.32
30.53
29.34
84
0.913
FCF / Net incomex
0.839
0.904
0.875
0.870
0.749
0.806
0.784
0.765
0.745
0.743
1.712
0.765
0.795
45
9.14
ROIC%
17.30
16.93
19.56
19.90
20.12
20.21
17.90
20.05
21.39
19.84
14.71
20.05
19.87
79
15.45
Return on equity%
13.52
10.98
8.01
8.76
9.93
7.31
9.43
11.74
13.58
12.83
27.35
11.74
10.46
5
15.87
Return on assets%
18.25
19.18
19.27
19.47
17.58
16.40
16.72
15.52
15.72
14.94
18.64
15.72
17.15
57
4.24
EPS€
1.12
1.13
1.12
1.03
0.87
0.75
0.80
0.69
0.65
0.68
4.70
(4.74%)
(4.33%)
—
17.18
EPS growth%
3.78
6.55
7.11
6.62
7.88
6.66
7.35
10.26
10.67
7.73
4.78
7.73
7.23
26
1.83
Bookvalue per sh€
2.56
2.63
2.88
2.60
2.75
2.80
2.49
2.53
2.50
2.55
0.82
(1.53%)
(0.44%)
—
0.76
FCF per share€
2.42
2.48
2.64
2.94
2.96
3.18
3.48
4.02
4.73
5.65
3.76
13.79%
10.17%
—
2.07
Dividend per sh€
3.58
3.93
3.72
4.22
3.98
4.19
4.76
5.56
5.98
6.25
3.25
9.46%
7.16%
—
18.57
Div yield (avg)%
20.98
23.04
25.31
27.99
30.54
32.73
34.40
36.68
34.02
31.69
16.94
34.02
31.11
25
4.44
Payout ratio%
4.39
5.11
4.41
4.36
2.23
5.01
5.85
4.80
6.05
7.39
6.94
5.85
4.91
80
272.6
Shares (diluted)M
481.2
521.7
619.0
673.3
693.9
707.1
763.3
810.5
809.9
900.7
267.0
5.36%
7.33%
50
26.18
Buyback yield%
32.11
29.42
30.24
32.38
31.36
32.98
34.05
33.83
35.93
35.46
29.68
34.05
32.68
93
0.268
D/E ratiox
0.323
0.312
0.286
0.268
0.303
0.277
0.266
0.291
0.309
0.310
0.631
0.291
0.297
83
2.444
Enterprise value€B
1.596
1.713
1.874
1.894
1.824
1.822
2.178
2.458
2.878
3.338
4.063
12.84%
8.46%
74
4.689
LT debt€B
2.335
2.152
2.223
2.228
2.271
2.317
2.371
2.555
2.555
2.465
3.245
1.66%
0.03%
63
Revenue
€4.025B
7.87%
1.00×
Cost of revenue
€2.399B
8.15%
1.03×
Operating expenses
€818.5M
7.28%
0.95×
Cash and investments
16.21%
Property and equipment
15.38%
Spread over hurdle
(7.67%)