154.9
Revenue€M
292.6
314.0
342.2
375.7
406.6
445.1
475.8
523.7
573.0
612.4
168.5
8.54%
8.30%
41
15.14
Revenue growth%
4.14
1.30
1.20
0.40
0.40
0.40
0.83
2.98
2.71
3.27
5.02
2.71
1.25
62
12.85
Gross margin%
7.45
9.55
9.20
8.96
8.52
9.71
7.78
9.67
10.39
11.23
24.16
9.71
9.38
89
22.67
Operating margin%
8.66
10.56
11.97
9.36
8.21
5.24
5.15
8.13
7.27
4.90
29.92
5.24
8.17
47
17.04
Net margin%
4.12
7.01
5.01
3.21
5.13
3.91
2.43
2.72
0.40
0.85
29.78
2.43
3.56
92
30.77
P/E ratio (avg)x
31.77
29.64
25.97
22.91
22.07
19.89
21.21
20.84
18.65
16.50
9.011
19.89
21.64
89
16.70
EV/EBITx
21.63
22.46
22.00
19.61
19.93
20.38
20.88
22.87
20.81
22.28
22.70
20.88
21.26
61
11.68
FCF yield (avg)%
8.71
10.28
9.27
11.24
13.31
15.32
16.39
17.13
16.86
18.29
9.45
16.86
14.32
45
14.54
FCF margin%
26.29
27.77
26.87
28.65
28.26
29.86
27.27
29.51
26.98
29.42
10.49
29.42
28.01
39
0.525
FCF / Net incomex
1.955
2.098
2.124
2.279
2.138
2.094
2.212
2.212
2.121
2.370
0.972
2.212
2.131
64
10.66
ROIC%
3.23
1.38
0.92
2.00
0.51
2.22
1.05
0.40
0.40
0.40
27.78
0.40
0.99
81
3.76
Return on equity%
9.12
7.42
6.71
6.60
8.25
9.23
7.30
10.00
7.62
9.26
20.51
9.23
7.93
54
15.78
Return on assets%
12.41
10.77
12.60
14.14
15.19
16.54
16.86
15.04
12.54
13.15
16.30
15.04
13.64
90
0.22
EPS€
0.09
0.09
0.08
0.08
0.07
0.07
0.07
0.06
0.06
0.06
0.22
(3.52%)
(5.12%)
—
15.26
EPS growth%
8.71
8.84
7.07
6.34
4.32
4.08
4.05
6.68
6.79
5.31
9.89
5.31
6.51
41
0.23
Bookvalue per sh€
0.16
0.14
0.14
0.12
0.11
0.11
0.11
0.11
0.11
0.11
0.22
(0.50%)
(2.72%)
—
0.12
FCF per share€
0.22
0.21
0.20
0.18
0.16
0.16
0.17
0.16
0.14
0.15
0.15
(1.00%)
(3.26%)
—
0.10
Dividend per sh€
0.03
0.04
0.04
0.03
0.04
0.03
0.03
0.03
0.03
0.03
0.13
(4.22%)
(1.69%)
—
16.79
Div yield (avg)%
26.24
27.80
30.05
28.55
28.37
31.23
33.69
36.52
37.06
38.93
6.07
36.52
30.64
86
3.59
Payout ratio%
23.59
25.47
25.99
25.44
23.31
25.96
24.17
22.53
23.59
23.25
6.06
23.59
23.88
76
0.975
Shares (diluted)B
1.388
1.303
1.422
1.573
1.671
1.908
2.002
1.895
1.988
2.242
1.023
6.06%
6.32%
80
16.03
Buyback yield%
15.05
16.77
14.40
15.29
17.34
18.74
21.28
24.11
21.58
20.69
21.18
21.28
18.04
68
1.365
D/E ratiox
0.189
0.201
0.216
0.230
0.214
0.217
0.238
0.228
0.229
0.247
1.495
0.229
0.223
84
0.294
Enterprise value€B
0.669
0.780
0.807
0.836
0.955
1.047
1.188
1.358
1.611
1.709
0.368
12.35%
10.54%
93
65.69
LT debt€M
457.9
508.7
565.9
537.6
497.7
504.0
519.2
538.3
605.2
595.0
227.7
3.64%
3.27%
48
Revenue
€612.4M
8.30%
1.00×
Cost of revenue
€322.1M
8.17%
0.99×
Operating expenses
€142.6M
8.54%
1.02×
Spread over hurdle
(0.37%)