694.4
Revenue€M
740.8
767.4
773.9
806.5
817.1
849.0
863.9
886.2
920.8
941.7
769.6
2.88%
2.62%
88
14.61
Revenue growth%
13.22
14.66
12.92
13.29
10.53
10.64
10.17
8.85
10.88
10.20
12.30
10.20
10.76
68
19.98
Gross margin%
26.03
28.26
30.30
31.02
33.95
33.24
32.85
30.07
31.02
30.98
2.26
31.02
31.00
29
16.85
Operating margin%
2.38
2.03
0.59
0.40
0.40
2.55
4.63
4.95
6.85
8.10
29.34
4.95
2.46
63
13.25
Net margin%
20.92
19.86
19.45
22.05
21.85
21.80
19.34
19.73
22.30
20.43
10.96
20.43
20.67
36
29.58
P/E ratio (avg)x
38.60
42.00
40.51
41.45
36.15
37.57
39.33
34.82
34.05
34.13
16.54
34.82
38.08
55
14.25
EV/EBITx
14.11
14.93
15.40
14.94
16.28
16.65
15.89
15.14
15.21
15.25
37.72
15.25
15.23
39
9.52
FCF yield (avg)%
7.05
9.06
6.80
9.58
9.10
10.54
9.35
7.22
6.69
7.12
5.25
7.22
8.14
24
9.61
FCF margin%
22.14
23.36
20.52
19.88
18.55
17.75
19.79
22.17
20.28
20.63
16.42
20.28
20.40
47
1.279
FCF / Net incomex
0.875
0.912
1.041
1.106
1.095
1.039
1.099
1.196
1.383
1.592
0.547
1.196
1.097
74
24.16
ROIC%
5.15
3.53
3.73
3.41
2.00
2.20
4.77
7.02
9.31
10.26
25.03
7.02
4.25
61
24.28
Return on equity%
10.51
10.10
9.39
7.26
6.66
9.63
10.34
7.76
8.01
10.27
19.17
9.63
9.51
90
7.18
Return on assets%
9.56
10.86
10.63
12.27
14.34
14.69
14.79
12.76
14.66
14.98
17.27
14.69
13.55
43
1.82
EPS€
4.44
4.76
4.39
4.06
3.67
3.34
2.96
2.80
2.79
2.49
2.01
(7.42%)
(6.90%)
—
15.32
EPS growth%
11.38
8.93
8.04
9.02
7.85
8.72
9.15
7.20
9.93
8.87
24.49
8.87
8.90
82
6.04
Bookvalue per sh€
11.05
12.40
14.33
16.43
16.23
15.61
15.88
17.39
17.42
16.77
3.57
0.65%
3.89%
—
6.65
FCF per share€
11.04
10.00
10.80
10.32
9.97
10.26
10.46
10.99
11.80
13.17
7.31
5.72%
1.86%
—
6.80
Dividend per sh€
1.54
1.50
1.43
1.32
1.30
1.36
1.46
1.40
1.49
1.35
4.20
0.75%
(2.12%)
—
25.39
Div yield (avg)%
30.46
27.74
25.13
27.59
28.07
28.33
30.49
32.77
33.74
34.87
21.63
32.77
29.40
41
8.22
Payout ratio%
22.86
23.31
21.81
19.47
21.68
20.17
19.03
20.30
21.24
20.99
11.65
20.30
21.11
84
37.80
Shares (diluted)M
35.06
38.73
43.94
40.18
43.62
47.63
49.32
53.13
61.00
68.20
37.64
9.35%
7.73%
86
26.42
Buyback yield%
23.05
25.85
24.84
24.63
27.31
25.09
27.05
29.35
27.41
24.51
3.56
27.05
25.47
18
1.268
D/E ratiox
0.254
0.242
0.256
0.236
0.239
0.240
0.270
0.306
0.290
0.264
0.299
0.270
0.255
41
0.327
Enterprise value€B
0.464
0.533
0.644
0.722
0.853
0.910
0.964
0.982
1.092
1.251
0.133
7.97%
11.32%
38
106.5
LT debt€M
137.1
138.0
128.1
119.3
124.8
118.8
118.3
117.3
106.0
107.9
405.6
(2.86%)
(2.90%)
82
Revenue
€941.7M
2.62%
1.00×
Cost of revenue
€595.3M
3.02%
1.04×
Operating expenses
€234.1M
2.31%
0.97×
Goodwill & intangibles
15.00%
Spread over hurdle
20.61%