133.6
Revenue€M
154.8
165.9
174.1
180.3
193.6
207.5
222.7
237.6
249.6
264.1
142.5
6.41%
6.01%
27
8.44
Revenue growth%
17.36
15.55
16.61
16.37
18.83
17.72
16.21
15.03
13.13
12.63
26.38
15.03
16.29
33
11.15
Gross margin%
8.62
6.12
4.66
2.73
4.62
6.47
9.28
7.88
5.28
8.08
12.25
7.88
6.30
20
29.73
Operating margin%
20.65
19.60
19.81
21.65
22.79
21.37
20.10
17.99
20.14
17.78
13.91
20.10
20.12
9
15.61
Net margin%
10.82
11.83
11.26
12.83
10.64
13.34
12.77
10.23
13.17
15.13
8.84
13.17
12.30
30
12.50
P/E ratio (avg)x
7.057
7.615
6.702
6.846
7.103
7.429
6.839
7.144
6.659
6.743
6.791
6.839
6.952
62
8.008
EV/EBITx
16.38
18.67
21.63
21.81
22.30
22.66
26.15
29.82
30.62
33.52
10.44
29.82
22.48
37
4.32
FCF yield (avg)%
16.98
14.32
12.64
12.01
12.24
11.83
9.60
10.82
9.13
11.12
12.75
10.82
11.92
56
20.47
FCF margin%
15.32
17.12
19.93
17.05
17.45
15.38
14.02
12.80
13.76
12.69
19.01
13.76
15.35
78
0.736
FCF / Net incomex
1.217
1.207
1.159
1.233
1.364
1.518
1.717
1.711
1.983
2.017
1.500
1.717
1.441
62
25.51
ROIC%
9.25
9.49
7.26
7.88
6.85
6.24
8.08
10.71
10.77
12.59
25.17
10.71
8.67
48
13.37
Return on equity%
4.03
2.16
2.24
2.30
4.41
1.60
0.40
1.52
0.44
0.40
7.78
0.44
1.88
74
27.28
Return on assets%
20.20
19.75
17.61
20.46
19.35
16.63
14.26
11.70
13.50
16.16
16.20
14.26
17.12
90
4.51
EPS€
1.41
1.50
1.64
1.50
1.66
1.47
1.50
1.63
1.73
1.65
4.67
(0.17%)
0.39%
—
4.15
EPS growth%
19.53
18.89
18.24
19.00
18.35
18.21
20.77
18.08
19.55
20.82
13.97
19.55
18.95
94
10.08
Bookvalue per sh€
6.74
7.04
6.86
6.38
6.53
6.14
6.26
5.87
6.06
5.46
4.20
(3.53%)
(2.80%)
—
5.85
FCF per share€
5.27
5.47
5.28
4.62
4.19
3.85
3.74
4.11
3.79
3.75
8.14
(2.19%)
(2.87%)
—
9.78
Dividend per sh€
10.91
11.86
13.21
13.63
14.08
13.21
14.20
12.88
13.17
13.11
7.43
(1.42%)
2.49%
—
29.76
Div yield (avg)%
6.68
9.40
9.85
6.85
8.03
8.34
10.58
8.96
7.15
6.53
17.97
8.34
8.18
54
29.15
Payout ratio%
27.12
29.05
26.94
29.74
29.51
32.16
29.97
32.95
32.16
34.70
11.83
32.16
29.86
30
16.42
Shares (diluted)M
18.56
18.03
20.77
21.88
21.53
22.14
20.90
22.79
26.53
29.81
15.80
6.73%
6.38%
17
2.07
Buyback yield%
10.36
11.04
12.86
12.96
14.91
14.35
16.86
17.94
18.71
19.43
25.07
17.94
14.63
42
0.721
D/E ratiox
0.842
0.970
0.931
0.966
1.028
0.946
1.058
1.104
1.031
1.140
0.559
1.058
0.999
10
72.03
Enterprise value€M
317.6
373.0
398.0
426.5
484.5
559.2
579.2
652.0
648.7
686.0
219.2
7.20%
8.63%
49
19.03
LT debt€M
41.20
44.07
41.12
42.72
37.04
35.29
38.04
36.43
37.71
38.97
342.3
1.02%
(1.98%)
49
Revenue
€264.1M
6.01%
1.00×
Cost of revenue
€143.7M
6.01%
1.00×
Operating expenses
€63.94M
5.46%
0.95×
Cash and investments
14.85%
Spread over hurdle
35.03%