4.008
Revenue€B
3.151
3.487
3.784
4.149
4.549
4.988
5.286
5.605
5.998
6.588
4.161
7.69%
8.43%
41
7.20
Revenue growth%
23.45
21.50
23.42
25.33
23.08
25.38
22.97
20.46
23.12
23.59
28.32
23.12
23.27
6
7.58
Gross margin%
17.94
18.33
15.95
18.56
16.38
15.04
15.48
14.40
16.19
16.69
8.89
15.48
16.28
29
16.77
Operating margin%
22.36
19.59
18.36
16.49
14.72
14.44
16.95
16.87
19.43
21.15
19.24
16.95
17.65
27
6.52
Net margin%
30.58
31.61
29.96
27.07
24.52
23.96
23.69
22.66
25.51
25.42
28.84
23.96
25.47
16
6.970
P/E ratio (avg)x
28.80
25.67
26.50
25.84
24.88
24.67
22.52
22.00
20.43
17.74
6.341
22.00
24.77
76
10.19
EV/EBITx
11.72
11.17
12.68
13.98
12.58
11.87
11.58
12.65
12.64
12.88
32.21
12.64
12.61
37
26.37
FCF yield (avg)%
14.88
15.01
12.19
11.69
10.41
12.41
13.39
13.81
16.70
18.43
12.49
13.81
13.60
87
27.20
FCF margin%
12.09
10.51
12.17
13.34
10.68
10.01
10.73
9.06
11.62
9.86
3.00
10.01
10.70
51
1.084
FCF / Net incomex
1.105
1.218
1.203
1.354
1.357
1.292
1.368
1.497
1.369
1.323
0.619
1.368
1.338
10
3.34
ROIC%
27.36
25.74
23.25
25.82
28.28
30.56
31.48
33.97
34.45
35.29
22.66
33.97
29.42
39
16.96
Return on equity%
23.72
26.47
25.86
27.16
24.52
24.34
22.88
20.05
19.36
17.23
28.71
20.05
24.03
45
7.35
Return on assets%
7.67
8.34
7.03
9.62
12.42
13.75
14.98
12.73
11.15
9.33
19.23
12.73
10.38
21
0.25
EPS€
0.17
0.16
0.17
0.15
0.15
0.14
0.14
0.14
0.14
0.13
0.28
(2.96%)
(2.12%)
—
5.81
EPS growth%
12.46
14.73
11.83
11.78
13.55
15.62
13.89
13.45
11.24
9.72
8.96
13.45
12.95
44
0.39
Bookvalue per sh€
0.43
0.39
0.37
0.33
0.31
0.34
0.33
0.33
0.33
0.31
0.24
(0.13%)
(2.52%)
—
0.42
FCF per share€
0.36
0.41
0.42
0.44
0.44
0.44
0.51
0.58
0.54
0.62
0.27
6.98%
6.19%
—
0.08
Dividend per sh€
0.22
0.20
0.20
0.21
0.23
0.23
0.22
0.20
0.19
0.17
0.27
(5.37%)
(1.91%)
—
19.08
Div yield (avg)%
34.24
34.10
34.92
33.90
34.99
33.99
34.42
37.28
37.55
39.98
22.99
37.28
34.67
33
17.14
Payout ratio%
8.24
7.87
10.17
11.21
9.35
11.63
10.74
13.32
10.84
10.92
7.95
10.92
10.79
33
2.954
Shares (diluted)B
5.117
6.167
6.342
7.019
7.177
7.695
8.148
9.891
11.82
12.52
2.915
11.77%
11.18%
20
2.71
Buyback yield%
18.99
16.12
13.14
14.95
14.53
12.29
10.02
12.26
12.95
15.60
25.06
12.29
13.84
6
0.188
D/E ratiox
0.927
1.005
1.166
1.318
1.551
1.851
2.065
2.137
2.158
2.207
0.951
2.137
1.701
25
1.008
Enterprise value€B
4.185
4.170
4.316
5.012
5.362
5.993
6.636
6.419
6.731
7.980
3.046
8.28%
6.51%
23
2.671
LT debt€B
6.039
6.720
6.486
5.994
6.311
6.447
6.620
6.238
6.762
6.449
2.092
0.43%
0.58%
6
Revenue
€6.588B
8.43%
1.00×
Cost of revenue
€4.612B
8.43%
1.00×
Operating expenses
€1.378B
8.41%
1.00×
Spread over hurdle
(4.81%)