2.007
Revenue€M
2.073
2.144
2.180
2.223
2.236
2.347
2.406
2.486
2.542
2.571
2.049
2.83%
2.52%
30
28.67
Revenue growth%
0.40
0.40
2.10
3.43
5.66
4.39
2.99
0.68
0.50
0.40
2.62
0.68
1.39
48
10.35
Gross margin%
5.56
4.94
7.68
7.49
8.17
9.44
11.00
13.64
11.95
13.80
27.81
11.95
8.80
79
23.67
Operating margin%
3.54
5.31
5.03
5.28
7.77
9.16
9.15
6.81
4.87
3.39
4.02
6.81
5.29
75
13.71
Net margin%
13.26
10.59
8.24
5.76
3.28
2.74
3.60
3.71
5.30
4.27
6.71
3.71
4.79
32
34.74
P/E ratio (avg)x
17.60
19.04
21.36
19.81
21.17
19.37
19.86
18.66
21.11
19.72
17.82
19.72
19.76
74
26.83
EV/EBITx
42.98
39.67
43.70
43.12
44.52
44.60
42.95
44.12
47.23
43.60
20.81
44.12
43.65
62
18.40
FCF yield (avg)%
24.04
22.78
21.20
18.25
20.98
18.61
16.29
15.00
17.07
18.78
20.82
17.07
18.70
81
26.58
FCF margin%
29.35
30.20
30.69
32.44
33.55
33.70
33.83
33.02
35.78
36.44
24.11
33.83
33.28
40
0.440
FCF / Net incomex
0.307
0.289
0.262
0.235
0.250
0.238
0.252
0.254
0.286
0.291
0.678
0.254
0.258
45
3.31
ROIC%
1.46
1.08
0.40
0.40
0.40
0.65
0.40
0.40
0.40
0.40
4.04
0.40
0.40
24
28.58
Return on equity%
20.77
21.04
23.85
23.53
22.49
19.87
18.18
18.18
18.18
19.64
9.04
18.18
20.32
66
21.68
Return on assets%
4.40
3.35
1.30
0.40
3.10
1.02
0.45
2.28
3.72
1.35
11.29
1.35
1.81
72
0.16
EPS€
0.17
0.17
0.17
0.16
0.17
0.16
0.15
0.15
0.15
0.15
0.17
(1.95%)
(1.09%)
—
23.73
EPS growth%
5.93
6.61
9.26
8.68
10.18
11.63
13.55
15.92
14.64
14.94
21.68
14.64
10.91
91
0.07
Bookvalue per sh€
0.06
0.06
0.06
0.07
0.08
0.08
0.09
0.10
0.10
0.11
0.05
7.85%
6.00%
—
0.15
FCF per share€
0.02
0.02
0.02
0.02
0.01
0.02
0.02
0.01
0.02
0.01
0.13
(0.44%)
(3.93%)
—
0.10
Dividend per sh€
0.15
0.17
0.20
0.20
0.19
0.20
0.20
0.19
0.20
0.19
0.06
(0.58%)
2.84%
—
3.92
Div yield (avg)%
28.78
29.90
29.77
27.30
28.33
30.74
32.54
34.90
34.93
33.31
24.73
33.31
30.32
55
28.38
Payout ratio%
26.77
29.75
27.14
27.18
28.73
29.38
30.90
31.15
30.96
29.27
3.83
30.90
29.32
52
7.527
Shares (diluted)M
9.796
10.93
13.14
15.17
17.87
18.27
21.26
25.11
24.69
28.48
7.580
9.77%
11.13%
62
14.48
Buyback yield%
16.86
18.26
15.43
15.91
17.85
19.56
17.62
20.11
18.66
20.32
3.79
19.56
18.05
31
1.602
D/E ratiox
0.935
0.927
0.928
1.051
1.042
1.156
1.085
1.246
1.307
1.430
0.104
1.246
1.068
26
0.723
Enterprise value€M
2.709
2.790
2.811
3.268
3.260
3.628
4.200
4.918
5.246
5.560
1.164
11.26%
9.00%
12
1.339
LT debt€M
1.295
1.425
1.588
1.763
1.689
1.843
2.052
2.354
2.445
2.543
1.054
8.53%
7.65%
23
Revenue
€2.571M
2.52%
1.00×
Cost of revenue
€1.038M
2.06%
0.96×
Operating expenses
€0.648M
2.85%
1.03×
Cash and investments
16.23%
Spread over hurdle
62.16%