196.5
Revenue€M
413.1
411.5
413.1
413.1
410.9
416.8
428.1
423.8
431.4
445.6
219.5
1.64%
0.86%
30
12.93
Revenue growth%
7.95
10.89
9.36
12.24
12.72
10.15
8.78
5.85
3.87
6.44
21.58
6.44
9.07
21
5.00
Gross margin%
0.40
1.73
4.12
4.54
7.29
7.07
7.98
5.00
2.58
0.40
28.34
5.00
4.33
51
14.84
Operating margin%
26.01
24.71
23.57
26.24
23.70
21.46
22.86
21.94
21.27
20.00
24.23
21.46
23.22
69
28.02
Net margin%
16.33
15.17
13.82
13.96
11.74
9.59
10.95
8.42
9.97
7.47
22.90
9.59
11.35
68
23.73
P/E ratio (avg)x
14.77
16.42
17.78
17.03
16.38
15.37
16.07
17.22
19.35
21.35
20.46
17.22
16.73
75
35.39
EV/EBITx
12.63
13.58
13.81
13.46
12.31
11.15
9.796
10.48
10.82
9.935
15.37
10.48
11.73
60
7.22
FCF yield (avg)%
16.58
18.41
17.49
19.49
16.85
14.17
17.16
19.20
18.54
20.90
12.90
18.54
17.95
55
24.38
FCF margin%
20.83
21.44
24.25
25.05
25.31
26.36
26.09
27.89
27.17
27.57
22.14
27.17
25.70
93
0.448
FCF / Net incomex
1.142
1.067
1.159
1.276
1.265
1.136
1.252
1.366
1.439
1.387
0.483
1.366
1.259
56
18.93
ROIC%
3.97
5.61
3.32
2.45
3.40
3.24
5.55
6.29
8.62
10.46
28.10
6.29
4.76
92
5.49
Return on equity%
26.15
26.94
26.30
25.84
28.84
28.33
29.93
30.15
29.71
31.75
2.89
29.93
28.58
41
26.65
Return on assets%
28.29
29.47
31.77
31.37
33.43
30.54
29.01
31.68
33.66
33.80
9.07
31.68
31.53
73
0.47
EPS€
0.80
0.85
0.94
1.06
1.06
1.26
1.36
1.38
1.63
1.60
0.52
8.53%
6.57%
—
26.19
EPS growth%
3.37
4.22
1.93
3.27
1.65
1.39
0.40
0.40
0.40
0.40
11.08
0.40
1.52
55
1.86
Bookvalue per sh€
1.37
1.31
1.25
1.25
1.33
1.43
1.33
1.29
1.14
1.19
1.65
(2.32%)
(1.74%)
—
1.30
FCF per share€
0.86
0.92
1.00
0.97
1.08
1.18
1.42
1.63
1.74
2.07
1.16
13.98%
10.02%
—
1.91
Dividend per sh€
1.55
1.47
1.40
1.22
1.06
1.08
1.04
1.11
0.97
0.92
1.31
(2.76%)
(4.58%)
—
13.34
Div yield (avg)%
29.90
32.26
30.80
29.29
27.23
28.56
25.70
24.74
23.90
23.76
17.72
24.74
27.90
48
22.26
Payout ratio%
6.06
8.60
9.97
11.83
11.93
12.61
13.41
13.97
13.92
12.05
29.55
13.41
11.99
44
41.36
Shares (diluted)M
41.74
40.52
40.87
37.41
31.73
28.08
29.10
24.77
26.82
27.42
40.09
(2.88%)
(3.36%)
49
17.21
Buyback yield%
3.86
4.82
2.92
2.97
2.15
1.02
1.96
4.70
4.72
5.21
27.71
4.70
3.41
62
0.335
D/E ratiox
1.786
1.892
1.954
1.994
1.784
1.800
1.968
1.771
1.834
1.672
1.584
1.800
1.817
65
403.9
Enterprise value€M
363.9
347.0
304.5
335.2
335.5
307.2
336.6
349.8
325.1
286.9
310.1
(3.08%)
(1.36%)
14
305.3
LT debt€M
32.90
36.75
38.98
44.66
45.58
46.63
45.60
53.56
56.04
53.84
50.93
3.39%
4.46%
72
Revenue
€445.6M
0.86%
1.00×
Cost of revenue
€244.7M
0.98%
1.01×
Operating expenses
€63.62M
0.99%
1.01×
Cash and investments
17.64%
Return on capital
196.65%
Spread over hurdle
190.03%