92.87
Revenue€M
279.5
302.0
318.6
347.5
377.7
411.6
444.8
468.7
509.1
543.3
98.03
7.54%
7.64%
9
21.07
Revenue growth%
25.95
25.10
23.62
26.54
27.53
28.19
29.94
30.06
29.85
28.23
27.25
29.85
27.86
57
7.37
Gross margin%
28.74
30.85
29.04
26.31
24.43
24.40
21.47
21.89
21.34
23.29
16.14
21.89
24.42
24
25.03
Operating margin%
6.30
7.62
4.73
6.39
5.16
2.32
4.17
2.16
3.62
2.28
23.26
2.32
4.45
9
13.48
Net margin%
2.99
2.13
1.26
3.74
0.89
3.44
1.87
1.77
3.85
2.63
28.93
2.63
2.38
94
11.01
P/E ratio (avg)x
32.22
32.91
30.33
26.73
26.44
25.06
27.31
29.17
26.70
27.33
37.40
27.31
27.32
86
11.30
EV/EBITx
30.01
31.02
33.40
35.12
38.40
36.84
37.71
42.56
48.50
55.00
27.50
42.56
37.28
78
26.53
FCF yield (avg)%
0.40
0.40
0.81
0.40
1.58
0.40
2.70
1.13
2.47
0.40
19.88
1.13
0.61
73
26.84
FCF margin%
33.41
33.75
33.45
33.79
32.84
30.14
28.14
26.93
24.10
25.19
22.76
26.93
31.49
24
1.518
FCF / Net incomex
1.879
1.749
1.839
2.079
2.428
2.565
2.580
2.627
2.694
2.708
1.126
2.627
2.496
48
8.34
ROIC%
29.22
30.58
30.86
29.76
30.59
32.87
31.67
28.83
30.30
30.16
10.73
30.30
30.44
84
5.53
Return on equity%
3.33
4.06
6.62
7.59
8.33
11.33
13.97
12.60
10.32
7.68
9.21
11.33
8.01
10
2.71
Return on assets%
21.39
18.45
21.29
21.92
19.92
22.60
22.39
24.99
23.51
24.73
20.01
23.51
22.15
13
1.65
EPS€
1.37
1.46
1.50
1.43
1.41
1.54
1.77
1.92
1.79
1.92
1.82
6.42%
2.93%
—
22.13
EPS growth%
28.42
26.54
28.83
27.87
30.35
32.34
31.63
29.70
31.12
32.03
24.38
31.63
30.03
75
1.18
Bookvalue per sh€
4.00
3.79
3.59
3.88
4.31
4.43
4.92
5.22
5.00
5.67
2.60
5.61%
4.66%
—
2.44
FCF per share€
3.33
3.19
3.56
3.63
3.55
3.38
3.23
3.47
3.86
3.77
1.04
1.21%
2.10%
—
3.08
Dividend per sh€
0.80
0.69
0.64
0.64
0.55
0.50
0.48
0.48
0.42
0.41
3.13
(5.58%)
(5.74%)
—
12.80
Div yield (avg)%
12.59
14.81
15.67
18.11
15.33
17.26
16.19
18.75
20.42
20.01
12.42
18.75
16.72
75
5.76
Payout ratio%
9.07
8.26
5.53
7.60
7.90
7.05
9.96
7.40
8.92
9.31
29.27
8.92
8.08
8
132.5
Shares (diluted)M
165.0
195.5
194.8
231.2
235.0
267.1
293.2
321.4
322.3
344.7
134.0
7.96%
7.92%
29
18.53
Buyback yield%
13.95
13.45
15.68
13.85
16.51
15.65
13.46
15.22
15.98
17.31
15.54
15.65
15.43
39
1.143
D/E ratiox
0.633
0.684
0.668
0.785
0.887
0.918
0.999
1.041
1.068
1.197
1.312
1.041
0.903
31
59.45
Enterprise value€M
222.9
234.2
250.0
247.9
251.7
248.9
228.5
202.5
216.5
201.5
369.6
(4.34%)
(1.96%)
84
434.6
LT debt€M
368.5
372.5
433.4
451.6
516.4
503.4
509.4
475.1
479.1
515.1
204.4
(0.05%)
4.49%
64
Revenue
€543.3M
7.64%
1.00×
Cost of revenue
€276.5M
7.66%
1.00×
Operating expenses
€112.9M
7.90%
1.02×
Cash and investments
23.43%
Goodwill & intangibles
19.83%
Spread over hurdle
45.05%