242.8
Revenue€M
212.3
229.8
251.4
267.1
292.6
311.6
329.0
363.7
396.3
424.5
248.3
7.73%
8.13%
51
5.65
Revenue growth%
19.29
20.49
21.95
22.15
24.28
23.26
22.54
23.33
24.80
25.91
13.46
23.33
22.90
76
6.95
Gross margin%
16.51
18.88
16.15
17.44
14.65
16.35
14.88
17.19
15.88
14.05
2.12
15.88
16.25
66
16.73
Operating margin%
21.05
19.82
17.52
15.79
17.47
14.68
13.84
11.38
13.47
15.13
7.76
13.84
15.46
55
3.50
Net margin%
7.19
5.55
4.87
4.75
6.80
4.00
5.68
6.81
8.85
10.80
21.59
6.81
6.24
92
27.98
P/E ratio (avg)x
16.41
16.89
17.75
19.80
18.09
17.25
17.15
18.25
20.05
22.24
7.690
18.25
17.92
43
32.38
EV/EBITx
28.18
31.53
33.01
36.37
38.43
37.63
41.59
40.87
43.59
46.55
15.35
41.59
38.03
76
20.68
FCF yield (avg)%
7.11
7.80
7.12
6.06
8.00
10.22
7.57
9.67
8.20
5.56
20.00
8.20
7.68
91
17.54
FCF margin%
8.84
9.38
9.98
11.98
11.46
9.47
8.92
11.24
11.23
9.27
29.70
9.47
9.73
54
0.183
FCF / Net incomex
1.771
1.900
1.755
1.900
1.788
1.786
1.808
1.990
1.837
2.032
0.449
1.837
1.823
69
2.10
ROIC%
24.35
23.35
21.57
18.61
18.61
18.21
15.83
15.14
16.50
16.19
24.22
16.19
18.41
54
5.96
Return on equity%
20.72
22.31
23.11
24.19
26.00
28.50
30.25
32.81
31.17
33.39
21.23
31.17
27.25
82
27.84
Return on assets%
24.37
24.28
26.74
29.46
29.64
29.75
31.04
33.67
35.70
33.35
4.13
33.35
29.69
68
0.38
EPS€
0.36
0.39
0.43
0.44
0.46
0.42
0.43
0.42
0.42
0.42
0.39
(2.12%)
0.27%
—
9.58
EPS growth%
5.72
5.64
3.46
4.62
3.42
4.37
4.81
5.72
7.17
7.84
2.19
5.72
5.22
75
0.45
Bookvalue per sh€
0.17
0.16
0.17
0.17
0.16
0.16
0.15
0.16
0.15
0.13
0.38
(3.50%)
(1.22%)
—
0.67
FCF per share€
0.45
0.48
0.43
0.43
0.42
0.45
0.44
0.48
0.48
0.50
0.34
3.69%
0.42%
—
0.11
Dividend per sh€
0.74
0.75
0.86
0.90
0.96
0.99
0.99
0.97
0.96
1.10
0.52
2.82%
3.28%
—
28.21
Div yield (avg)%
12.48
14.40
15.34
16.24
14.58
13.67
11.87
10.56
12.96
13.60
12.16
12.96
13.64
13
24.23
Payout ratio%
32.19
31.11
31.48
30.23
29.69
31.06
31.76
32.75
34.61
33.07
15.98
32.75
31.62
15
222.5
Shares (diluted)M
340.5
319.9
345.9
336.3
352.0
390.2
451.8
457.8
520.5
576.9
226.6
10.38%
6.66%
18
21.16
Buyback yield%
12.98
12.03
11.67
13.14
14.49
14.91
12.04
9.24
9.86
12.36
11.55
12.04
12.20
38
1.578
D/E ratiox
1.390
1.226
1.180
1.035
0.907
0.993
0.972
0.838
0.769
0.758
0.854
0.838
0.982
50
83.35
Enterprise value€M
101.2
119.0
125.5
148.8
166.4
196.7
230.7
253.5
278.4
296.6
181.0
12.26%
11.87%
95
219.6
LT debt€M
377.6
356.3
407.0
405.1
394.5
397.7
445.5
434.1
456.0
426.0
304.6
1.55%
1.74%
59
Revenue
€424.5M
8.13%
1.00×
Cost of revenue
€263.9M
8.07%
0.99×
Operating expenses
€85.72M
7.80%
0.97×
Goodwill & intangibles
22.18%
Property and equipment
17.55%
Cash and investments
12.66%