103.8
Revenue€M
57.62
61.08
65.27
70.55
75.88
78.79
84.66
89.44
94.73
102.8
106.5
6.26%
6.70%
18
18.02
Revenue growth%
4.76
4.75
4.75
4.68
2.35
2.26
1.70
2.61
3.20
3.99
11.60
2.61
3.59
16
18.86
Gross margin%
18.38
17.85
16.54
14.57
12.13
13.96
16.88
15.74
14.75
15.34
2.79
15.34
15.54
57
2.20
Operating margin%
25.84
26.49
25.47
26.29
25.83
24.94
22.73
25.07
23.13
20.49
10.29
23.13
25.27
37
27.10
Net margin%
26.48
24.93
26.80
28.70
27.57
26.90
28.35
27.12
28.06
30.85
5.71
28.06
27.35
51
36.66
P/E ratio (avg)x
42.58
42.97
44.24
43.73
47.06
52.60
62.56
67.86
80.30
95.98
9.557
67.86
49.83
23
25.23
EV/EBITx
43.47
44.82
46.21
49.45
45.57
44.56
45.31
46.79
52.49
49.20
25.97
46.79
45.89
66
5.84
FCF yield (avg)%
9.49
11.08
9.44
6.86
5.35
5.07
2.79
1.53
3.65
4.24
27.41
3.65
5.21
84
23.37
FCF margin%
12.58
10.89
12.10
11.97
11.88
9.37
12.24
9.76
12.16
13.20
13.80
12.16
12.03
66
0.817
FCF / Net incomex
0.597
0.620
0.698
0.802
0.861
0.966
0.979
1.127
1.086
1.151
0.767
1.086
0.913
90
22.35
ROIC%
18.65
17.67
17.99
18.69
19.43
19.09
21.19
19.84
19.04
19.77
14.86
19.77
19.06
45
7.14
Return on equity%
17.83
15.56
17.87
18.10
16.31
19.25
17.98
17.96
20.09
18.59
11.04
18.59
17.97
57
15.43
Return on assets%
2.33
1.21
3.83
0.84
0.40
2.06
4.19
2.18
3.13
4.51
14.63
3.13
2.25
30
1.38
EPS€
0.83
0.89
0.99
1.11
1.03
0.98
0.99
1.06
1.08
1.06
1.46
0.55%
3.38%
—
7.59
EPS growth%
5.35
3.37
4.82
5.40
5.14
6.66
9.64
10.08
9.17
8.82
29.44
9.17
6.03
85
0.66
Bookvalue per sh€
0.79
0.88
0.90
1.08
1.21
1.44
1.61
1.93
2.14
2.13
1.43
11.96%
10.66%
—
0.77
FCF per share€
2.70
3.18
3.78
4.30
4.25
4.16
4.21
4.37
4.96
4.87
1.47
2.77%
6.11%
—
1.31
Dividend per sh€
1.00
0.92
0.87
0.94
1.05
1.04
1.00
1.08
1.18
1.07
1.31
0.43%
0.90%
—
14.54
Div yield (avg)%
17.80
16.66
14.07
16.12
16.61
19.46
16.57
14.68
13.51
12.06
13.96
14.68
16.34
34
17.09
Payout ratio%
28.36
29.51
30.82
31.29
29.34
30.78
33.33
31.65
30.38
29.61
17.17
30.78
30.58
38
31.37
Shares (diluted)M
43.73
50.41
56.58
59.02
57.92
64.85
62.53
71.75
85.21
92.16
31.84
9.73%
8.15%
92
9.72
Buyback yield%
25.81
28.24
25.98
25.66
27.58
28.76
27.53
26.22
23.39
22.19
6.24
26.22
26.10
16
0.901
D/E ratiox
0.812
0.832
0.893
0.907
0.851
1.002
1.155
1.292
1.441
1.575
1.649
1.292
0.954
10
70.54
Enterprise value€M
85.49
92.13
81.40
82.41
81.98
91.67
84.52
94.09
94.91
99.08
94.75
3.86%
0.33%
93
77.84
LT debt€M
25.13
22.10
23.16
22.78
23.90
21.84
18.78
18.17
16.88
16.13
89.92
(7.57%)
(4.45%)
8
Revenue
€102.8M
6.70%
1.00×
Cost of revenue
€71.97M
6.70%
1.00×
Operating expenses
€20.63M
6.44%
0.98×
Cash and investments
15.76%
Spread over hurdle
(2.15%)