30.54
Revenue€M
81.04
82.07
84.34
84.89
85.21
87.91
88.66
91.96
96.05
97.08
32.30
2.64%
2.21%
65
14.59
Revenue growth%
19.51
21.03
19.49
17.83
18.02
19.63
21.95
19.62
22.04
24.92
29.45
21.95
19.63
41
5.05
Gross margin%
25.14
23.26
25.29
27.19
25.81
26.05
28.24
28.16
30.67
28.53
7.18
28.24
26.62
35
20.31
Operating margin%
23.46
26.35
27.28
28.66
28.26
26.33
23.95
21.05
20.51
22.68
2.83
22.68
25.14
83
11.51
Net margin%
0.40
2.70
1.69
3.19
5.37
5.46
7.83
5.56
5.37
4.87
17.37
5.46
5.12
95
23.85
P/E ratio (avg)x
46.81
50.74
50.45
49.05
54.47
53.71
54.11
51.80
58.51
60.97
10.07
54.11
52.76
61
28.53
EV/EBITx
19.54
17.91
19.96
19.87
21.97
24.52
25.31
25.31
25.32
29.03
34.34
25.31
23.25
92
6.71
FCF yield (avg)%
2.23
3.84
1.98
4.75
4.58
3.58
1.56
1.69
1.60
0.40
9.89
1.60
2.11
9
26.81
FCF margin%
21.58
23.12
25.13
22.15
22.94
20.52
23.50
24.06
24.66
24.74
12.20
24.06
23.31
13
1.617
FCF / Net incomex
1.109
1.058
1.155
1.193
1.210
1.109
0.990
1.050
1.107
1.019
1.306
1.050
1.108
29
7.01
ROIC%
23.14
25.70
26.78
26.61
26.65
25.74
22.78
20.10
21.15
21.70
15.63
21.70
24.42
38
27.72
Return on equity%
21.26
19.40
18.82
17.74
17.06
16.86
14.51
11.60
13.63
16.49
9.18
14.51
16.96
60
25.66
Return on assets%
20.00
19.75
19.93
21.84
24.15
22.87
21.83
21.73
22.41
24.62
19.18
22.41
21.84
6
0.28
EPS€
0.25
0.25
0.24
0.27
0.29
0.33
0.36
0.36
0.38
0.38
0.30
5.49%
3.91%
—
24.41
EPS growth%
27.27
25.77
26.16
28.25
29.12
29.73
30.47
31.24
31.71
31.59
3.15
31.24
29.43
73
0.14
Bookvalue per sh€
0.45
0.41
0.45
0.40
0.42
0.40
0.39
0.42
0.39
0.40
0.62
(1.08%)
(2.55%)
—
0.33
FCF per share€
0.87
0.94
1.07
1.21
1.30
1.26
1.28
1.38
1.51
1.42
0.37
1.87%
4.06%
—
0.37
Dividend per sh€
0.81
0.84
0.93
1.01
1.05
1.13
1.09
0.99
0.90
0.90
0.50
(3.06%)
0.60%
—
16.56
Div yield (avg)%
9.62
9.00
11.04
11.69
11.71
12.55
14.64
14.37
11.84
10.37
9.19
12.55
11.70
91
4.49
Payout ratio%
5.37
7.70
6.35
8.58
7.07
5.89
5.46
4.21
6.39
7.59
6.77
5.89
6.37
66
38.20
Shares (diluted)M
47.97
55.03
52.30
58.44
55.69
55.62
65.05
63.25
65.74
68.34
37.40
4.18%
4.47%
86
6.25
Buyback yield%
19.01
17.19
14.67
16.51
18.62
21.50
20.06
21.52
19.66
19.12
29.93
20.06
19.07
74
1.652
D/E ratiox
0.780
0.745
0.816
0.749
0.773
0.773
0.844
0.864
0.858
0.755
0.837
0.844
0.777
54
87.74
Enterprise value€M
150.3
177.0
177.7
176.4
193.8
187.6
186.4
194.4
201.8
228.3
64.65
3.33%
4.01%
8
81.89
LT debt€M
20.18
20.94
22.00
22.04
19.14
17.02
15.53
13.32
13.48
11.71
14.29
(9.36%)
(4.54%)
8
Revenue
€97.08M
2.21%
1.00×
Cost of revenue
€49.88M
2.20%
1.00×
Operating expenses
€13.80M
2.76%
1.05×
Goodwill & intangibles
14.72%
Cash and investments
14.26%
Spread over hurdle
12.49%