1.619
Revenue€B
1.399
1.456
1.507
1.526
1.590
1.618
1.660
1.694
1.755
1.836
1.723
2.92%
3.07%
82
23.79
Revenue growth%
10.75
11.63
10.08
11.71
11.44
13.35
15.31
17.95
17.12
19.39
29.49
17.12
12.53
18
3.45
Gross margin%
27.78
28.79
28.80
28.14
27.72
30.33
31.72
30.15
27.39
24.75
23.16
30.15
28.47
88
19.71
Operating margin%
15.10
16.17
18.79
21.18
20.00
22.95
24.39
22.48
19.98
17.99
19.51
22.48
19.99
53
11.31
Net margin%
20.16
19.43
22.34
23.25
25.04
23.57
21.91
24.11
21.39
23.03
5.83
23.03
22.68
67
35.24
P/E ratio (avg)x
26.16
25.92
29.87
34.00
33.61
36.61
35.95
33.65
37.48
42.24
9.399
36.61
33.83
85
13.79
EV/EBITx
41.01
42.62
41.20
43.44
40.61
44.90
43.58
42.77
45.68
49.08
30.67
44.90
43.11
74
22.73
FCF yield (avg)%
3.61
6.35
6.40
4.71
6.45
8.28
6.22
8.40
9.78
7.92
8.88
8.28
6.43
89
6.67
FCF margin%
4.94
3.69
3.43
1.18
0.40
0.40
1.72
0.40
0.40
2.20
13.25
0.40
1.45
9
0.182
FCF / Net incomex
0.671
0.621
0.610
0.668
0.769
0.853
0.841
0.805
0.810
0.872
0.586
0.841
0.787
71
18.03
ROIC%
12.87
11.44
13.55
14.23
16.27
17.46
17.73
20.36
17.78
17.87
16.08
17.78
16.86
21
20.74
Return on equity%
13.02
13.98
11.15
13.05
11.13
13.20
15.10
14.24
16.20
17.39
17.19
15.10
13.59
79
15.96
Return on assets%
30.41
29.76
27.65
26.91
24.00
26.66
26.64
25.76
26.74
29.54
28.32
26.66
26.83
17
3.81
EPS€
2.56
2.85
2.92
2.65
2.76
2.93
3.10
3.05
3.26
3.03
4.25
1.86%
2.90%
—
28.57
EPS growth%
15.61
18.41
18.15
17.17
17.94
18.65
21.34
21.21
23.29
22.49
7.38
21.34
18.53
91
1.05
Bookvalue per sh€
1.56
1.49
1.57
1.44
1.52
1.46
1.47
1.33
1.39
1.36
2.88
(2.25%)
(2.57%)
—
3.07
FCF per share€
3.41
3.67
3.73
4.19
3.86
4.41
4.14
4.42
4.60
4.37
2.32
2.48%
2.30%
—
1.12
Dividend per sh€
2.35
2.43
2.62
2.64
2.40
2.37
2.41
2.53
2.42
2.38
4.01
(0.21%)
(1.13%)
—
21.27
Div yield (avg)%
1.33
1.40
4.23
4.98
3.97
5.33
4.32
7.18
8.58
9.28
20.04
7.18
4.65
86
18.38
Payout ratio%
0.40
0.40
2.55
4.44
2.25
0.40
1.73
3.56
1.35
0.40
11.35
1.35
1.54
88
0.622
Shares (diluted)B
1.042
1.004
1.188
1.280
1.425
1.403
1.492
1.659
1.603
1.690
0.646
3.47%
6.29%
9
3.10
Buyback yield%
3.82
5.82
5.96
4.65
5.83
4.76
5.73
4.93
2.31
5.09
6.18
4.93
5.01
32
0.735
D/E ratiox
2.085
2.087
2.443
2.839
3.172
3.077
3.538
4.115
4.378
4.283
1.524
4.115
3.124
21
1.895
Enterprise value€B
1.416
1.425
1.568
1.628
1.542
1.770
1.933
1.808
2.023
2.191
0.676
7.28%
5.14%
37
1.786
LT debt€B
0.195
0.207
0.216
0.223
0.255
0.245
0.235
0.218
0.217
0.197
2.102
(4.95%)
0.15%
84
Revenue
€1.836B
3.07%
1.00×
Cost of revenue
€1.285B
3.07%
1.00×
Operating expenses
€267.1M
2.40%
0.94×
Cash and investments
16.05%
Spread over hurdle
(5.67%)