110.5
Revenue€M
454.2
477.0
482.7
501.7
517.1
543.3
566.3
597.7
617.1
121.0
126.9
4.23%
3.52%
20
29.52
Revenue growth%
10.04
8.45
10.63
13.48
11.93
12.87
10.65
12.59
13.07
9.88
19.07
12.59
11.29
41
5.57
Gross margin%
25.53
24.17
25.82
23.68
20.71
20.45
19.33
19.89
18.20
18.54
6.87
19.89
21.67
91
6.93
Operating margin%
5.25
6.66
8.42
8.04
7.35
4.63
2.55
5.34
5.20
22.52
18.42
5.20
6.00
18
17.70
Net margin%
13.65
15.86
17.62
17.57
18.77
16.13
18.66
18.89
21.40
27.18
12.05
18.77
17.59
19
14.89
P/E ratio (avg)x
12.17
10.61
9.849
8.655
7.436
7.718
7.958
7.986
8.218
28.52
18.47
7.958
8.437
89
37.35
EV/EBITx
25.29
27.69
27.39
29.06
29.77
27.21
24.30
22.23
24.17
9.875
34.09
24.30
27.30
35
11.82
FCF yield (avg)%
16.17
14.81
14.90
14.48
14.48
13.52
13.06
10.64
10.76
12.22
29.27
13.06
14.48
93
10.06
FCF margin%
4.85
3.40
3.48
5.56
5.39
4.69
6.03
6.63
9.49
15.07
2.21
6.03
5.47
85
1.325
FCF / Net incomex
0.570
0.589
0.554
0.554
0.523
0.496
0.514
0.449
0.453
0.631
1.339
0.496
0.538
7
4.53
ROIC%
15.85
13.34
12.17
11.74
12.93
15.42
17.43
16.30
18.08
23.45
4.97
16.30
15.21
29
14.24
Return on equity%
37.02
35.60
35.73
33.41
35.19
36.16
33.17
32.79
29.94
7.80
5.21
33.17
35.11
12
11.22
Return on assets%
15.80
16.56
14.40
11.91
10.65
12.70
14.72
12.11
13.44
24.35
23.97
12.70
13.92
47
0.33
EPS€
0.68
0.63
0.66
0.68
0.60
0.55
0.49
0.46
0.41
0.36
0.39
(9.52%)
(3.97%)
—
8.02
EPS growth%
22.26
19.55
18.12
15.79
16.58
16.29
13.66
16.14
15.51
26.41
29.07
16.14
16.44
59
0.98
Bookvalue per sh€
1.24
1.41
1.48
1.35
1.44
1.38
1.50
1.71
1.67
0.58
0.19
4.28%
3.24%
—
0.73
FCF per share€
0.37
0.40
0.46
0.51
0.53
0.57
0.56
0.64
0.73
0.33
0.40
7.17%
8.62%
—
0.63
Dividend per sh€
0.55
0.61
0.59
0.65
0.64
0.69
0.71
0.73
0.83
0.85
0.51
5.23%
7.23%
—
14.45
Div yield (avg)%
1.84
2.18
1.11
0.78
1.69
0.40
0.40
0.47
0.64
6.86
14.22
0.47
0.71
87
21.56
Payout ratio%
3.08
3.07
6.06
5.29
3.53
2.47
0.72
0.99
0.40
25.23
14.30
0.99
3.08
52
243.4
Shares (diluted)M
179.9
191.3
197.1
202.0
188.7
206.2
184.8
195.4
177.2
238.0
247.7
(2.59%)
0.55%
22
6.89
Buyback yield%
18.20
19.13
18.99
19.41
19.04
16.94
18.03
16.25
17.63
26.60
19.04
17.63
18.60
31
0.675
D/E ratiox
0.415
0.426
0.457
0.514
0.566
0.575
0.633
0.612
0.715
0.923
0.897
0.612
0.540
79
399.1
Enterprise value€M
573.1
671.3
676.0
663.5
711.0
678.6
657.7
652.6
672.7
417.8
154.4
0.28%
3.84%
77
318.9
LT debt€M
126.7
112.6
106.8
114.7
105.9
111.2
105.1
107.7
100.7
427.9
361.3
(2.57%)
(1.39%)
11
Revenue
€617.1M
3.52%
1.00×
Cost of revenue
€370.5M
3.15%
0.97×
Operating expenses
€82.67M
3.79%
1.03×
Goodwill & intangibles
20.09%
Cash and investments
19.07%
Property and equipment
16.14%
Spread over hurdle
10.73%