372.5
Revenue€M
346.0
358.1
381.0
396.5
419.0
432.7
443.8
471.5
489.1
506.2
402.9
3.85%
4.05%
41
13.81
Revenue growth%
32.27
34.40
32.53
30.97
31.71
31.83
33.56
30.97
28.11
28.05
3.22
30.97
31.77
80
7.46
Gross margin%
19.86
20.30
19.75
20.55
20.67
20.12
18.98
16.08
17.62
19.49
26.66
18.98
19.81
42
19.84
Operating margin%
35.75
38.49
36.99
35.19
34.19
31.83
31.05
29.22
28.80
31.69
15.75
31.05
33.01
46
14.84
Net margin%
27.98
30.24
28.26
26.38
28.70
31.32
34.12
34.37
33.10
34.27
11.34
34.12
30.78
37
21.96
P/E ratio (avg)x
34.50
32.23
35.74
37.29
34.10
36.11
36.00
37.97
42.24
38.45
21.32
37.97
36.05
88
29.13
EV/EBITx
14.54
16.29
16.70
18.18
17.20
19.11
20.16
21.12
22.79
23.98
22.17
21.12
18.64
91
28.21
FCF yield (avg)%
7.45
5.89
3.50
4.40
1.97
0.40
2.96
5.36
4.86
6.09
7.58
4.86
4.63
80
7.13
FCF margin%
12.85
11.29
10.17
10.23
12.24
14.64
11.91
10.83
10.17
12.24
22.00
11.91
11.60
60
0.642
FCF / Net incomex
1.508
1.471
1.596
1.739
1.810
1.662
1.485
1.625
1.489
1.482
1.669
1.489
1.552
37
25.53
ROIC%
1.98
0.40
2.74
3.43
4.28
3.33
1.09
3.83
6.34
3.52
21.84
3.52
3.38
70
20.49
Return on equity%
0.40
0.40
1.38
0.40
0.40
0.40
0.40
0.40
0.40
3.19
21.56
0.40
0.40
33
25.27
Return on assets%
30.29
31.12
28.81
30.12
32.49
30.76
29.87
32.25
35.02
33.52
6.68
32.25
30.94
39
0.89
EPS€
6.11
6.72
7.37
8.55
9.45
9.08
9.97
9.50
8.89
9.36
0.92
(0.21%)
4.52%
—
20.23
EPS growth%
21.09
22.75
23.88
25.27
24.67
24.14
24.34
25.16
22.42
21.17
26.49
24.14
24.01
14
2.66
Bookvalue per sh€
4.06
4.54
5.08
5.23
5.61
5.91
5.36
5.51
5.30
5.81
3.79
0.70%
3.83%
—
1.15
FCF per share€
1.35
1.36
1.45
1.39
1.63
1.92
2.13
2.42
2.45
2.64
1.50
10.10%
7.42%
—
2.15
Dividend per sh€
6.21
6.21
6.21
6.25
6.60
6.55
7.08
6.98
7.39
8.25
4.59
4.56%
3.60%
—
6.69
Div yield (avg)%
8.12
6.34
8.76
7.88
6.03
5.56
3.41
1.55
0.40
1.30
12.75
1.55
5.79
40
26.69
Payout ratio%
28.39
28.24
29.53
29.92
27.39
24.98
23.60
25.48
26.73
28.64
15.37
25.48
27.82
68
82.57
Shares (diluted)M
83.91
88.15
80.23
88.72
88.93
93.76
104.4
100.1
91.79
97.99
83.08
1.96%
0.70%
48
9.77
Buyback yield%
16.59
13.63
12.02
13.25
11.62
13.43
11.17
9.66
10.31
10.04
25.34
10.31
11.82
79
1.415
D/E ratiox
0.947
1.010
1.132
1.173
1.365
1.629
1.638
1.762
1.809
2.001
1.371
1.762
1.497
46
51.66
Enterprise value€M
61.72
59.93
59.87
60.80
58.77
61.77
68.61
66.32
72.41
68.25
278.0
3.04%
1.46%
38
196.8
LT debt€M
358.4
385.3
399.0
432.7
448.5
481.4
461.2
492.7
576.5
611.1
235.5
6.38%
5.18%
30
Revenue
€506.2M
4.05%
1.00×
Cost of revenue
€328.8M
4.04%
1.00×
Operating expenses
€84.77M
3.43%
0.94×
Property and equipment
17.66%
Spread over hurdle
(2.16%)