2.972
Revenue€M
1.693
1.819
1.975
2.169
2.322
2.551
2.749
3.049
3.330
3.615
3.256
9.26%
8.93%
79
20.29
Revenue growth%
13.42
14.97
16.13
15.95
14.75
14.48
13.31
16.06
13.34
13.72
24.16
13.72
14.62
32
29.13
Gross margin%
5.93
4.54
5.22
7.96
6.20
3.55
1.92
4.19
3.15
3.22
13.37
3.22
4.37
25
10.22
Operating margin%
25.32
27.48
28.09
27.82
29.23
29.98
32.83
33.59
35.95
37.50
17.79
33.59
29.60
53
25.19
Net margin%
29.24
28.11
29.68
27.35
24.99
22.34
23.78
25.60
27.78
30.45
5.52
25.60
27.57
87
20.00
P/E ratio (avg)x
23.76
24.79
22.50
23.88
21.40
23.35
25.65
23.98
21.51
22.10
25.84
23.35
23.56
29
35.92
EV/EBITx
19.60
17.75
16.06
16.88
18.38
16.82
16.98
17.21
17.36
17.89
7.375
17.21
17.29
53
10.88
FCF yield (avg)%
13.16
14.82
15.05
17.56
16.56
16.10
15.99
14.27
11.65
12.38
21.54
14.27
14.93
27
17.98
FCF margin%
16.52
18.26
16.56
13.71
13.88
13.08
15.77
15.79
15.18
14.40
10.96
15.18
15.48
16
0.442
FCF / Net incomex
0.290
0.282
0.253
0.270
0.280
0.272
0.276
0.284
0.278
0.286
1.262
0.278
0.279
94
23.72
ROIC%
12.40
14.74
14.32
16.20
15.39
15.65
13.21
11.91
10.21
9.70
19.16
11.91
13.76
39
4.38
Return on equity%
21.08
21.17
24.10
22.31
22.61
24.17
21.31
23.21
22.74
24.37
15.67
23.21
22.68
35
5.31
Return on assets%
25.74
23.68
21.49
23.57
21.79
20.06
19.42
18.31
15.32
16.85
28.41
18.31
20.78
49
0.09
EPS€
0.04
0.05
0.04
0.04
0.04
0.04
0.04
0.05
0.05
0.05
0.10
3.63%
1.83%
—
23.95
EPS growth%
5.06
4.76
3.09
2.73
3.26
4.89
5.07
5.71
6.87
6.72
17.74
5.71
4.97
64
0.13
Bookvalue per sh€
0.03
0.03
0.04
0.03
0.04
0.04
0.04
0.04
0.04
0.04
0.15
0.29%
3.39%
—
0.05
FCF per share€
0.08
0.09
0.09
0.09
0.10
0.10
0.10
0.11
0.10
0.10
0.14
1.10%
3.71%
—
0.07
Dividend per sh€
0.06
0.07
0.07
0.07
0.07
0.07
0.07
0.07
0.07
0.06
0.07
(4.09%)
(1.56%)
—
6.10
Div yield (avg)%
22.35
20.68
19.02
21.85
23.36
24.52
26.12
27.81
25.85
26.40
14.54
26.12
23.94
93
18.67
Payout ratio%
8.21
6.99
9.58
9.91
12.38
11.39
8.96
10.18
12.18
14.12
28.50
11.39
10.04
26
8.549
Shares (diluted)M
9.743
10.51
9.909
9.316
9.209
9.408
10.61
12.03
11.71
12.57
8.942
6.42%
2.57%
32
9.00
Buyback yield%
35.80
36.36
36.92
35.05
36.69
36.25
35.63
36.54
37.43
36.92
14.08
36.54
36.45
46
0.491
D/E ratiox
1.440
1.649
1.681
1.731
1.665
1.870
1.897
2.201
2.428
2.683
0.776
2.201
1.801
17
1.584
Enterprise value€M
0.967
1.083
1.054
1.236
1.339
1.411
1.531
1.503
1.742
1.820
3.063
6.33%
7.99%
19
3.730
LT debt€M
2.329
2.472
2.255
2.022
2.248
2.232
2.415
2.281
2.258
2.332
0.309
0.73%
0.35%
15
Revenue
€3.615M
8.93%
1.00×
Cost of revenue
€2.371M
9.00%
1.01×
Operating expenses
€0.877M
9.39%
1.04×
Cash and investments
15.30%
Spread over hurdle
(6.24%)