203.9
Revenue€M
244.2
261.7
280.2
310.1
335.6
362.1
394.5
430.6
476.3
508.4
208.6
8.66%
8.61%
27
12.36
Revenue growth%
4.37
4.00
5.08
5.82
5.62
7.82
6.43
6.28
8.72
7.79
20.38
7.79
6.05
71
25.65
Gross margin%
16.93
14.57
16.24
14.41
11.42
8.79
11.09
11.08
13.35
15.82
22.69
11.09
13.88
10
12.65
Operating margin%
0.40
0.68
0.40
0.40
0.40
1.77
4.00
5.09
4.66
1.86
10.69
4.00
1.22
65
27.31
Net margin%
12.72
9.76
6.80
5.18
2.57
1.38
0.40
0.40
0.40
0.94
19.69
0.40
1.97
58
28.14
P/E ratio (avg)x
14.77
14.14
15.35
17.68
18.59
19.54
22.34
24.54
23.13
25.36
26.03
23.13
19.06
58
22.06
EV/EBITx
21.88
20.53
19.13
17.46
18.33
20.39
20.81
18.49
20.31
18.26
19.52
20.31
19.72
17
4.84
FCF yield (avg)%
35.13
34.06
33.72
33.80
36.60
36.64
35.30
34.69
36.69
36.09
6.47
36.09
35.22
26
22.10
FCF margin%
15.91
17.18
17.94
19.72
21.84
21.17
21.53
23.39
24.63
26.44
25.91
23.39
21.35
63
1.076
FCF / Net incomex
0.188
0.183
0.206
0.209
0.203
0.190
0.197
0.205
0.218
0.223
0.833
0.205
0.204
31
19.74
ROIC%
24.18
22.42
24.97
22.85
21.83
20.96
20.81
21.74
22.19
21.16
18.45
21.16
22.01
70
29.20
Return on equity%
20.17
21.13
23.70
22.59
20.40
18.57
16.92
16.79
16.20
15.77
27.01
16.79
19.37
81
25.50
Return on assets%
8.28
6.13
4.67
3.60
1.05
0.81
1.35
3.64
6.43
9.28
27.14
3.64
4.16
50
0.66
EPS€
0.84
0.94
1.10
1.14
1.22
1.39
1.43
1.49
1.46
1.61
0.69
5.78%
7.96%
—
4.61
EPS growth%
11.81
9.11
8.69
8.62
5.81
5.62
4.33
4.41
6.15
6.32
25.67
5.62
6.24
75
0.74
Bookvalue per sh€
0.51
0.60
0.60
0.58
0.68
0.80
0.85
0.93
0.99
1.12
0.60
10.36%
9.41%
—
0.27
FCF per share€
0.26
0.27
0.28
0.30
0.33
0.31
0.34
0.36
0.40
0.44
0.33
6.40%
4.65%
—
0.59
Dividend per sh€
0.15
0.17
0.17
0.16
0.19
0.19
0.20
0.20
0.23
0.24
0.61
5.28%
4.46%
—
16.52
Div yield (avg)%
15.16
17.16
18.24
17.86
15.39
13.12
12.15
14.85
13.76
14.82
4.96
13.76
15.01
11
20.83
Payout ratio%
26.31
25.54
27.75
25.81
24.82
22.30
24.32
24.53
23.24
20.94
27.96
23.24
24.67
11
165.2
Shares (diluted)M
217.7
224.5
231.2
224.2
238.5
234.9
247.4
257.4
240.9
219.5
164.8
(1.65%)
(0.56%)
48
25.29
Buyback yield%
15.64
13.27
15.10
15.99
17.27
19.36
16.53
14.38
12.94
13.74
18.82
14.38
15.37
61
0.308
D/E ratiox
1.428
1.569
1.410
1.323
1.358
1.428
1.438
1.315
1.402
1.485
1.210
1.428
1.419
15
288.5
Enterprise value€M
349.6
345.0
375.3
357.3
383.0
398.1
402.5
372.9
338.6
308.7
381.0
(4.22%)
(2.33%)
88
290.3
LT debt€M
380.6
410.2
433.5
461.4
405.8
420.8
416.3
455.9
469.3
427.8
53.30
1.06%
1.49%
46
Revenue
€508.4M
8.61%
1.00×
Cost of revenue
€290.3M
8.37%
0.98×
Operating expenses
€115.2M
8.60%
1.00×
Property and equipment
16.23%
Goodwill & intangibles
13.34%
Spread over hurdle
(3.87%)