6.973
Revenue€M
14.96
15.63
16.28
17.09
18.12
19.18
20.03
21.37
22.40
23.11
7.209
4.98%
4.80%
66
3.10
Revenue growth%
12.13
10.48
8.29
7.35
9.07
6.94
5.74
6.16
3.65
6.08
3.36
6.08
7.14
92
3.50
Gross margin%
21.15
23.05
23.44
24.15
25.17
25.07
27.52
27.07
29.37
31.21
4.86
27.52
25.12
89
22.10
Operating margin%
7.26
5.60
7.36
7.01
8.72
9.57
9.92
10.59
7.97
9.13
21.54
9.57
8.34
26
26.32
Net margin%
2.16
4.41
6.23
5.28
7.97
5.53
7.88
9.09
10.57
13.20
18.74
9.09
7.06
56
14.18
P/E ratio (avg)x
35.00
38.11
38.07
40.35
37.39
41.00
38.35
35.50
38.88
39.59
20.69
38.88
38.23
67
21.31
EV/EBITx
12.45
13.01
13.49
15.92
15.34
18.17
18.78
19.12
20.20
19.87
31.43
19.12
17.05
25
8.12
FCF yield (avg)%
1.63
0.62
1.31
0.40
2.06
0.40
0.40
1.28
0.40
0.40
7.23
0.40
0.51
81
29.74
FCF margin%
1.78
2.43
4.95
4.42
7.35
6.20
7.72
5.39
7.47
10.07
13.62
7.47
5.79
9
0.892
FCF / Net incomex
1.569
1.722
1.958
1.896
2.126
2.253
2.455
2.839
3.373
3.550
0.335
2.839
2.189
15
23.50
ROIC%
19.53
20.44
22.29
23.59
26.38
25.25
26.50
29.03
27.80
30.45
24.54
27.80
25.81
18
26.51
Return on equity%
11.00
13.30
16.23
16.67
16.69
13.96
12.45
13.73
10.82
13.50
22.70
13.50
13.61
49
9.97
Return on assets%
14.32
15.25
15.21
15.66
16.11
15.08
15.48
15.54
14.27
15.30
26.90
15.30
15.27
27
0.02
EPS€
0.03
0.03
0.04
0.04
0.05
0.05
0.06
0.07
0.08
0.09
0.02
12.76%
12.32%
—
22.07
EPS growth%
29.26
30.08
32.22
34.04
34.02
31.98
30.69
30.09
28.13
27.99
18.36
30.09
30.39
8
—
Bookvalue per sh€
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
4.44%
2.36%
—
0.02
FCF per share€
0.03
0.03
0.03
0.04
0.04
0.04
0.05
0.05
0.06
0.06
0.02
9.96%
9.39%
—
0.03
Dividend per sh€
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
3.76%
1.81%
—
23.44
Div yield (avg)%
24.49
22.26
20.15
22.89
23.44
24.23
26.10
29.07
27.44
26.58
8.19
26.58
24.36
9
5.73
Payout ratio%
20.16
20.24
17.65
19.20
16.44
18.82
19.15
19.94
22.70
23.77
3.16
19.94
19.57
53
492.0
Shares (diluted)M
486.4
476.5
505.1
569.6
620.3
607.2
603.2
651.8
705.2
778.3
489.2
4.64%
4.39%
68
13.16
Buyback yield%
24.14
25.78
27.75
26.37
27.31
28.38
26.34
28.64
29.84
27.91
20.63
28.38
27.53
27
1.570
D/E ratiox
0.914
0.852
0.744
0.680
0.579
0.494
0.423
0.446
0.416
0.368
0.669
0.423
0.536
69
15.28
Enterprise value€M
10.05
10.66
12.33
11.90
13.77
15.94
19.01
21.16
21.07
20.16
19.35
7.93%
8.05%
38
17.63
LT debt€M
11.43
11.92
10.86
10.49
11.47
11.40
10.54
10.35
9.909
9.207
26.87
(4.29%)
(1.53%)
57
Revenue
€23.11M
4.80%
1.00×
Cost of revenue
€16.18M
4.80%
1.00×
Operating expenses
€4.175M
4.47%
0.97×
Cash and investments
16.99%
Spread over hurdle
(4.59%)