1.335
Revenue€B
6.123
6.412
6.622
6.914
7.374
7.874
8.232
8.549
8.846
9.263
1.430
4.67%
4.55%
50
20.15
Revenue growth%
29.10
29.90
30.85
33.08
34.18
33.91
32.61
31.41
33.17
35.18
10.98
33.17
32.85
55
28.95
Gross margin%
15.82
16.73
18.33
20.94
19.93
22.08
19.16
16.36
16.50
14.43
12.73
16.50
17.53
77
25.99
Operating margin%
9.79
8.30
9.17
11.61
11.44
14.42
15.13
16.90
16.97
18.08
13.72
16.90
13.01
72
15.27
Net margin%
8.99
9.85
11.29
9.80
12.36
13.54
12.27
10.42
8.30
7.71
2.27
10.42
10.14
13
26.77
P/E ratio (avg)x
36.15
34.99
39.97
40.79
45.10
46.97
53.64
56.21
52.10
54.43
25.32
53.64
46.04
19
32.93
EV/EBITx
5.735
5.398
5.308
4.862
5.265
4.788
5.235
4.828
4.387
4.432
10.86
4.788
5.048
74
4.80
FCF yield (avg)%
0.40
0.40
0.40
0.40
0.40
1.47
2.62
3.65
2.19
4.65
16.43
2.62
0.94
49
29.89
FCF margin%
14.79
15.77
12.81
10.20
11.42
9.15
11.71
9.35
7.13
7.91
23.33
9.15
10.81
32
0.169
FCF / Net incomex
2.362
2.380
2.769
2.735
3.029
3.188
3.310
3.849
4.447
4.528
1.262
3.849
3.108
44
20.03
ROIC%
26.90
24.72
26.91
26.15
24.09
26.88
24.50
23.76
23.32
23.25
24.60
23.76
24.61
80
10.00
Return on equity%
31.39
31.25
30.32
28.52
30.71
28.08
29.70
27.19
29.85
27.43
27.68
28.08
29.77
75
14.35
Return on assets%
4.87
3.21
4.31
7.27
7.44
6.95
8.68
6.43
8.23
6.83
8.41
6.95
6.89
64
0.24
EPS€
1.47
1.35
1.38
1.33
1.47
1.43
1.46
1.51
1.40
1.44
0.25
(0.43%)
0.44%
—
5.41
EPS growth%
31.78
29.54
28.52
27.31
26.32
25.96
23.44
24.22
21.46
19.29
13.76
23.44
26.14
60
0.24
Bookvalue per sh€
1.03
0.99
1.02
1.03
1.08
1.06
1.18
1.06
1.11
1.02
0.67
(1.02%)
0.68%
—
1.13
FCF per share€
1.07
1.24
1.24
1.24
1.19
1.35
1.47
1.68
2.00
2.37
0.46
14.72%
8.27%
—
1.12
Dividend per sh€
1.67
1.73
1.53
1.48
1.34
1.41
1.32
1.37
1.44
1.56
0.27
3.03%
(0.35%)
—
18.66
Div yield (avg)%
18.62
17.87
16.69
18.46
15.72
16.29
17.52
20.27
17.72
14.74
12.31
17.52
17.62
21
20.67
Payout ratio%
24.79
27.04
27.85
25.03
26.32
26.32
25.69
27.59
27.45
24.55
11.82
26.32
26.32
30
3.432
Shares (diluted)B
4.036
4.368
4.522
4.734
5.499
6.611
7.839
8.084
9.419
9.785
3.419
12.22%
9.14%
79
25.12
Buyback yield%
26.24
26.85
29.29
28.72
26.57
29.50
32.44
32.74
33.80
32.11
20.58
32.44
29.39
47
0.973
D/E ratiox
1.144
1.066
1.060
1.118
1.169
1.133
1.216
1.236
1.332
1.438
1.229
1.236
1.156
16
0.478
Enterprise value€B
6.651
7.436
7.058
6.984
7.364
8.647
9.261
8.989
10.61
10.95
0.458
8.27%
5.62%
94
3.788
LT debt€B
3.495
3.816
4.201
4.720
4.695
5.438
6.364
7.038
7.674
9.324
0.353
14.71%
11.13%
7
Revenue
€9.263B
4.55%
1.00×
Cost of revenue
€4.356B
4.25%
0.97×
Operating expenses
€1.727B
4.80%
1.02×
Property and equipment
15.40%
Spread over hurdle
47.50%