2.548
Revenue€M
3.270
3.284
3.418
3.494
3.611
3.731
3.878
3.996
4.122
4.266
2.846
3.39%
2.84%
24
28.97
Revenue growth%
16.27
19.26
21.08
21.28
24.08
26.16
25.27
25.32
25.29
25.92
24.49
25.32
24.67
43
18.56
Gross margin%
24.12
24.03
23.18
24.13
21.96
19.87
20.99
21.93
18.95
18.58
16.65
19.87
21.94
40
28.81
Operating margin%
12.05
11.68
9.58
7.01
4.19
5.56
4.30
6.76
8.12
5.72
14.07
5.72
6.88
90
2.43
Net margin%
27.16
26.31
26.11
24.14
24.74
22.57
24.19
25.11
28.03
26.21
12.50
25.11
25.61
55
9.350
P/E ratio (avg)x
26.45
26.15
26.37
28.23
26.60
28.08
27.27
24.42
23.97
23.88
18.15
24.42
26.41
79
31.45
EV/EBITx
10.81
12.49
12.32
14.07
16.15
16.87
16.83
19.31
21.46
23.02
35.31
19.31
16.49
33
26.63
FCF yield (avg)%
20.86
22.48
24.51
27.03
29.97
29.75
27.65
29.38
29.16
29.69
24.21
29.38
28.40
15
19.56
FCF margin%
24.91
25.41
23.61
21.57
20.11
21.84
24.77
26.19
27.38
24.54
7.74
24.77
24.65
95
0.814
FCF / Net incomex
1.518
1.586
1.677
1.705
1.543
1.664
1.669
1.528
1.565
1.454
0.474
1.565
1.576
59
11.23
ROIC%
15.63
16.91
15.55
13.74
14.96
14.53
14.52
16.36
14.35
13.06
28.95
14.52
14.74
53
6.45
Return on equity%
27.20
27.93
27.96
30.77
32.99
32.14
32.74
31.47
30.27
31.14
21.99
31.47
30.95
32
16.66
Return on assets%
14.49
16.00
14.06
12.26
12.45
12.00
13.61
14.41
12.06
10.67
16.21
12.06
13.03
43
0.07
EPS€
0.06
0.07
0.07
0.08
0.09
0.09
0.10
0.09
0.10
0.11
0.08
4.26%
6.86%
—
13.36
EPS growth%
31.34
33.37
32.35
34.58
32.56
32.93
30.19
28.63
27.76
26.59
7.21
28.63
31.84
86
0.03
Bookvalue per sh€
0.13
0.13
0.12
0.13
0.13
0.14
0.15
0.15
0.17
0.17
0.09
5.86%
2.15%
—
0.02
FCF per share€
0.02
0.02
0.02
0.03
0.03
0.03
0.02
0.03
0.03
0.03
0.02
2.43%
3.23%
—
0.07
Dividend per sh€
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.04
0.04
0.09
2.53%
2.02%
—
28.58
Div yield (avg)%
11.89
11.64
14.57
14.44
14.70
12.30
11.54
9.06
9.38
11.52
16.24
11.52
11.76
23
16.92
Payout ratio%
28.87
30.79
33.41
33.83
33.46
35.69
35.77
37.56
36.55
35.59
3.07
35.77
34.71
73
24.33
Shares (diluted)M
25.39
22.89
21.03
23.51
22.62
25.19
25.92
25.43
28.21
27.66
24.73
4.11%
0.14%
76
21.95
Buyback yield%
0.40
0.40
0.40
0.40
0.40
1.21
0.40
0.40
1.89
0.40
14.82
0.40
0.40
49
1.767
D/E ratiox
0.812
0.759
0.731
0.775
0.691
0.718
0.730
0.810
0.809
0.712
0.423
0.730
0.745
37
1.092
Enterprise value€M
2.143
2.180
2.322
2.430
2.738
2.554
2.575
2.685
2.771
2.829
1.848
0.66%
3.82%
52
2.766
LT debt€M
0.758
0.862
0.938
0.966
1.036
1.180
1.212
1.284
1.231
1.175
2.247
2.54%
4.92%
88
Revenue
€4.266M
2.84%
1.00×
Cost of revenue
€2.895M
2.79%
1.00×
Operating expenses
€0.567M
2.87%
1.00×
Property and equipment
17.19%
Goodwill & intangibles
15.88%
Spread over hurdle
(0.62%)