1.196
Revenue€M
1.942
2.074
2.233
2.383
2.487
2.671
2.894
3.093
3.339
3.579
1.238
7.55%
7.22%
83
29.36
Revenue growth%
0.51
1.40
2.44
1.93
2.76
5.23
4.09
2.49
5.41
6.71
7.89
5.23
2.63
16
7.76
Gross margin%
11.11
12.15
14.31
16.97
17.99
20.94
23.62
24.88
26.99
24.35
19.47
24.35
19.47
30
13.29
Operating margin%
29.03
27.62
30.10
31.34
29.37
32.20
30.89
31.64
32.93
33.08
26.58
32.20
31.12
82
4.25
Net margin%
20.41
17.76
15.21
15.92
15.72
13.79
13.28
13.12
15.36
16.29
25.23
13.79
15.54
21
10.10
P/E ratio (avg)x
29.20
27.66
26.57
25.09
22.24
23.07
25.46
25.10
22.36
22.18
20.59
23.07
25.10
53
30.92
EV/EBITx
6.186
5.484
5.899
6.215
6.023
6.699
6.322
5.660
5.552
5.774
25.10
5.774
5.961
71
21.61
FCF yield (avg)%
18.96
17.01
16.32
14.66
14.86
16.39
16.17
14.14
15.78
16.96
22.47
16.17
16.24
50
4.01
FCF margin%
6.24
8.92
11.15
12.03
12.66
10.47
8.51
6.25
5.73
3.94
22.26
6.25
8.71
17
1.390
FCF / Net incomex
2.423
2.766
2.810
3.023
2.889
3.447
3.517
3.492
3.445
4.103
0.888
3.492
3.234
84
22.75
ROIC%
26.54
25.51
24.62
22.35
24.50
21.96
20.87
18.16
17.46
18.56
4.22
18.56
22.16
8
14.22
Return on equity%
3.77
6.19
7.01
9.38
6.61
8.23
6.64
8.42
11.34
10.67
21.75
8.42
7.62
22
10.88
Return on assets%
13.04
10.16
9.07
8.83
7.41
7.12
6.80
9.46
11.23
10.63
29.16
9.46
9.27
23
0.22
EPS€
0.32
0.28
0.30
0.27
0.30
0.30
0.33
0.30
0.32
0.32
0.23
1.60%
0.04%
—
14.71
EPS growth%
14.06
15.10
13.26
13.43
15.22
12.92
15.01
16.51
16.28
16.30
24.11
16.28
15.06
64
0.40
Bookvalue per sh€
0.70
0.74
0.84
1.00
1.02
1.12
1.17
1.24
1.23
1.19
0.28
3.10%
7.34%
—
0.26
FCF per share€
0.23
0.25
0.28
0.29
0.26
0.24
0.26
0.24
0.22
0.23
0.22
(2.32%)
1.21%
—
0.18
Dividend per sh€
0.59
0.58
0.57
0.56
0.67
0.66
0.77
0.80
0.89
0.87
0.23
5.47%
4.64%
—
22.45
Div yield (avg)%
12.42
12.97
10.71
12.66
10.96
8.97
6.23
5.83
4.36
4.70
20.00
5.83
9.84
88
22.97
Payout ratio%
12.90
15.58
15.70
14.01
12.59
12.79
10.14
8.50
9.82
11.27
24.71
10.14
12.69
51
10.35
Shares (diluted)M
14.92
15.72
17.65
19.72
21.34
24.40
26.72
29.12
29.91
34.90
9.870
10.34%
9.95%
22
15.14
Buyback yield%
19.44
18.79
19.95
17.39
15.11
15.94
17.50
18.67
19.80
21.38
4.43
18.67
18.73
93
0.274
D/E ratiox
0.618
0.551
0.594
0.535
0.574
0.571
0.547
0.595
0.595
0.586
0.440
0.586
0.580
34
0.805
Enterprise value€M
4.178
4.282
4.363
4.297
4.783
5.160
4.799
4.839
4.851
4.965
2.788
0.75%
1.59%
28
3.164
LT debt€M
7.004
6.639
7.430
6.753
6.270
6.573
6.744
6.188
6.996
7.707
4.577
4.22%
1.01%
66
Revenue
€3.579M
7.22%
1.00×
Cost of revenue
€2.135M
7.17%
1.00×
Operating expenses
€0.780M
7.34%
1.01×
Cash and investments
20.30%
Property and equipment
18.07%
Spread over hurdle
30.04%