112.5
Revenue€M
249.5
263.9
279.4
291.1
315.2
329.6
357.1
375.3
394.3
412.9
121.6
5.55%
6.05%
55
9.38
Revenue growth%
26.39
25.35
26.62
24.46
25.26
25.31
25.76
25.76
26.68
25.27
5.84
25.76
25.55
6
23.15
Gross margin%
7.79
6.06
5.25
2.99
5.38
6.49
6.00
5.20
5.58
2.80
9.33
5.58
5.48
52
7.25
Operating margin%
21.47
21.57
18.82
20.61
22.26
20.30
20.01
19.15
19.36
17.05
19.62
19.36
20.15
77
23.45
Net margin%
11.55
13.36
10.53
9.64
8.96
9.92
11.72
10.95
11.37
12.12
12.94
11.37
11.16
8
32.55
P/E ratio (avg)x
18.51
20.93
21.94
21.82
23.08
26.75
28.30
28.52
34.10
34.82
11.58
28.52
24.92
24
17.22
EV/EBITx
19.41
18.00
19.00
19.03
20.59
18.42
17.12
19.09
21.26
22.22
18.59
19.09
19.06
89
3.94
FCF yield (avg)%
22.33
23.44
23.75
21.89
19.22
17.60
20.30
19.82
19.24
19.53
2.87
19.53
20.06
12
17.50
FCF margin%
15.93
15.99
16.24
17.66
16.50
13.90
15.27
14.85
14.50
12.64
10.60
14.50
15.60
71
0.411
FCF / Net incomex
1.490
1.420
1.393
1.255
1.171
1.104
1.056
1.092
1.167
1.289
0.244
1.104
1.213
76
29.75
ROIC%
18.97
16.08
18.93
20.27
20.02
21.21
21.08
19.37
19.71
18.53
16.71
19.71
19.54
70
27.26
Return on equity%
20.93
19.09
21.07
20.08
17.48
16.69
16.32
17.65
15.85
17.99
22.25
16.69
17.82
45
14.72
Return on assets%
13.36
14.09
13.32
13.47
11.64
13.40
12.98
13.58
11.77
12.85
18.95
12.98
13.34
93
6.68
EPS€
10.13
11.57
11.43
12.84
13.09
13.11
12.70
12.76
13.78
15.29
7.46
3.15%
3.87%
—
19.18
EPS growth%
25.61
25.53
28.12
27.32
28.97
31.66
31.39
28.97
27.84
26.52
11.76
28.97
27.98
34
2.83
Bookvalue per sh€
2.13
2.11
2.26
2.21
2.38
2.62
2.50
2.30
2.05
2.17
3.19
(1.80%)
(0.42%)
—
6.08
FCF per share€
8.12
9.08
8.41
8.75
8.97
8.62
9.48
9.61
9.34
9.16
4.60
0.44%
0.91%
—
4.04
Dividend per sh€
1.31
1.41
1.25
1.35
1.18
1.28
1.41
1.26
1.29
1.14
8.52
(0.75%)
(2.08%)
—
21.15
Div yield (avg)%
1.91
2.94
3.02
2.26
1.09
1.69
0.40
0.40
0.40
2.01
19.09
0.40
1.80
11
6.17
Payout ratio%
20.31
18.56
20.44
20.99
20.73
17.91
17.93
15.64
14.58
17.12
24.02
17.12
18.24
92
28.42
Shares (diluted)M
25.83
28.28
27.81
28.55
25.78
24.88
23.43
20.59
19.33
18.50
28.14
(6.42%)
(3.70%)
52
28.90
Buyback yield%
21.93
24.03
21.99
23.44
25.71
23.62
21.16
23.93
21.27
20.39
25.59
21.27
22.72
70
0.564
D/E ratiox
0.155
0.168
0.192
0.203
0.202
0.206
0.221
0.259
0.279
0.268
1.226
0.259
0.205
52
40.97
Enterprise value€M
252.5
238.4
262.0
293.8
287.2
300.7
280.0
280.3
312.8
331.7
252.6
2.92%
3.64%
18
151.2
LT debt€M
380.1
350.5
314.9
355.1
334.4
333.1
337.9
312.9
308.0
334.3
176.6
—
(1.16%)
8
Revenue
€412.9M
6.05%
1.00×
Cost of revenue
€272.6M
6.16%
1.01×
Operating expenses
€80.54M
5.62%
0.96×
Goodwill & intangibles
16.60%
Spread over hurdle
(5.37%)