7.533
Revenue€M
21.80
22.15
22.20
22.49
23.42
23.79
23.77
24.20
25.10
25.05
8.121
1.35%
1.52%
39
3.90
Revenue growth%
25.68
26.49
28.07
25.25
28.03
30.22
28.78
25.98
26.61
24.25
4.46
26.61
26.55
94
28.80
Gross margin%
13.60
16.41
15.37
15.50
15.23
15.35
17.25
18.52
15.68
18.34
11.22
17.25
15.59
33
9.14
Operating margin%
4.21
5.30
3.73
2.70
2.16
4.90
7.82
10.50
11.36
13.62
24.26
10.50
5.10
26
23.10
Net margin%
22.35
23.27
23.08
24.78
23.42
21.74
19.70
17.81
16.74
14.42
15.62
17.81
22.04
6
8.538
P/E ratio (avg)x
18.24
17.09
18.64
18.85
19.09
20.15
21.28
21.27
19.60
20.29
36.55
20.29
19.34
62
33.15
EV/EBITx
41.94
43.76
49.32
56.24
65.02
71.69
67.08
70.28
77.10
85.89
31.09
71.69
66.05
12
23.85
FCF yield (avg)%
5.39
7.61
8.76
9.95
12.59
13.29
15.31
12.59
12.16
13.88
8.49
13.29
12.37
94
24.55
FCF margin%
21.13
20.08
22.97
24.88
25.29
22.51
24.72
22.77
25.23
24.95
17.93
24.72
23.85
46
0.952
FCF / Net incomex
1.380
1.506
1.486
1.776
1.847
2.062
2.089
2.272
2.294
2.660
0.999
2.272
1.954
8
2.99
ROIC%
0.40
0.66
2.45
2.50
5.06
6.99
5.44
6.88
8.59
7.06
23.32
6.99
5.25
60
19.25
Return on equity%
21.00
21.67
21.69
24.39
26.89
28.65
26.08
28.50
31.17
31.38
5.04
28.65
26.48
47
4.39
Return on assets%
28.04
25.05
23.11
21.35
22.34
24.48
21.66
20.69
17.90
19.50
29.06
20.69
22.00
27
0.32
EPS€
0.26
0.27
0.25
0.24
0.22
0.19
0.19
0.19
0.20
0.17
0.34
(4.28%)
(5.43%)
—
18.32
EPS growth%
13.32
11.05
13.64
14.72
11.73
10.43
12.03
10.38
9.23
10.95
10.36
10.43
11.39
17
0.14
Bookvalue per sh€
0.07
0.07
0.08
0.08
0.09
0.09
0.09
0.08
0.08
0.07
0.17
(3.50%)
1.02%
—
0.10
FCF per share€
0.39
0.44
0.46
0.51
0.52
0.56
0.56
0.53
0.56
0.60
0.24
3.04%
3.62%
—
0.17
Dividend per sh€
0.54
0.54
0.61
0.73
0.71
0.72
0.80
0.84
0.96
1.02
0.27
7.45%
7.18%
—
28.81
Div yield (avg)%
24.99
22.86
20.97
19.08
19.56
20.39
23.13
22.29
20.10
18.01
3.94
20.39
20.68
27
7.65
Payout ratio%
22.82
20.82
22.83
24.84
23.80
24.97
27.71
25.88
28.08
28.18
17.01
27.71
24.91
30
28.26
Shares (diluted)M
45.77
48.02
56.51
62.82
70.03
82.14
86.78
97.68
109.0
113.5
27.97
10.15%
10.35%
62
14.61
Buyback yield%
10.51
11.86
14.30
15.46
13.79
13.54
10.73
13.66
13.38
11.65
5.88
13.38
13.46
76
0.198
D/E ratiox
2.211
2.186
2.032
2.082
2.184
2.169
2.159
2.171
2.441
2.416
0.725
2.171
2.178
88
24.48
Enterprise value€M
2.810
3.266
3.238
3.694
3.828
4.349
4.616
4.396
4.902
5.604
21.87
7.92%
8.62%
92
29.53
LT debt€M
43.95
47.46
52.43
58.20
53.42
57.55
57.80
62.84
69.82
77.72
4.821
7.79%
6.93%
82
Revenue
€25.05M
1.52%
1.00×
Cost of revenue
€16.23M
1.16%
0.97×
Operating expenses
€4.114M
1.91%
1.04×
Property and equipment
19.50%
Cash and investments
18.32%
Spread over hurdle
(0.05%)