0.910
Revenue€M
2.142
2.197
2.338
2.461
2.512
2.662
2.809
2.872
2.981
3.125
0.962
4.46%
4.24%
90
16.09
Revenue growth%
19.45
21.11
20.29
19.58
17.87
19.76
19.22
17.84
19.36
19.91
28.78
19.36
19.52
69
3.95
Gross margin%
17.29
19.15
19.72
18.06
15.41
15.58
17.88
20.15
19.28
18.91
24.24
18.91
18.48
18
12.65
Operating margin%
25.85
26.32
26.98
27.54
25.44
25.05
26.60
24.62
22.40
23.42
24.59
24.62
25.64
18
2.85
Net margin%
25.80
28.44
29.03
28.36
31.02
30.28
31.90
29.75
31.61
30.43
28.00
30.43
30.01
83
33.60
P/E ratio (avg)x
36.11
39.62
36.57
39.05
40.48
43.26
47.21
52.33
52.99
53.24
24.32
52.33
41.87
63
10.47
EV/EBITx
11.52
12.02
12.72
13.91
13.21
12.94
13.15
14.87
14.63
14.98
28.15
14.63
13.18
17
16.03
FCF yield (avg)%
27.48
25.33
24.57
24.01
25.78
28.71
30.39
33.13
30.55
31.28
6.42
30.55
28.10
43
2.82
FCF margin%
19.85
20.04
22.99
24.71
24.60
23.06
25.09
25.40
23.44
26.09
2.43
25.09
24.02
39
1.053
FCF / Net incomex
0.307
0.370
0.360
0.419
0.421
0.511
0.556
0.581
0.618
0.682
0.291
0.581
0.466
92
15.89
ROIC%
23.60
22.80
23.84
22.01
19.30
16.79
15.49
15.02
12.51
14.55
27.08
15.02
18.05
77
29.52
Return on equity%
33.78
34.89
33.89
32.26
31.52
32.10
32.80
35.10
33.97
36.13
24.25
33.97
33.83
35
5.61
Return on assets%
18.26
19.02
20.31
22.35
23.12
22.19
21.68
18.93
16.76
14.32
26.35
18.93
19.67
94
0.02
EPS€
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
2.11%
1.80%
—
26.81
EPS growth%
12.91
13.00
14.38
12.69
10.44
13.39
11.48
12.35
9.46
8.88
19.12
11.48
12.52
71
0.03
Bookvalue per sh€
0.04
0.04
0.05
0.05
0.05
0.05
0.06
0.06
0.07
0.08
0.01
10.60%
9.30%
—
0.03
FCF per share€
0.01
0.01
0.01
—
0.01
—
0.01
—
—
—
0.03
(7.31%)
(3.89%)
—
0.01
Dividend per sh€
0.06
0.06
0.07
0.07
0.08
0.08
0.09
0.10
0.11
0.12
0.03
9.19%
7.99%
—
26.94
Div yield (avg)%
3.38
5.23
7.26
4.49
5.73
4.05
5.64
4.80
4.68
6.88
21.63
4.80
5.01
58
17.18
Payout ratio%
14.52
11.52
13.47
13.95
16.09
18.41
20.70
19.79
22.59
21.33
12.59
20.70
17.25
26
36.14
Shares (diluted)M
36.73
37.65
41.32
39.71
39.68
40.01
39.76
46.15
53.96
50.80
36.92
5.06%
3.72%
51
24.31
Buyback yield%
26.71
26.36
23.39
24.27
22.06
21.13
20.85
18.96
19.78
17.54
16.45
19.78
21.60
74
1.227
D/E ratiox
0.465
0.538
0.519
0.572
0.655
0.629
0.719
0.780
0.875
1.001
1.740
0.780
0.642
40
2.420
Enterprise value€M
1.014
1.116
1.172
1.220
1.211
1.230
1.258
1.255
1.425
1.580
2.165
5.46%
5.30%
64
2.608
LT debt€M
1.930
1.887
2.072
2.012
2.121
2.180
2.395
2.797
2.645
2.674
0.404
4.74%
3.91%
14
Revenue
€3.125M
4.24%
1.00×
Cost of revenue
€2.069M
3.97%
0.97×
Operating expenses
€0.601M
4.79%
1.05×
Spread over hurdle
(0.21%)