2.902
Revenue€M
33.34
35.52
37.89
40.54
44.29
48.07
52.40
58.20
62.68
69.03
3.036
9.28%
8.32%
60
5.01
Revenue growth%
2.00
1.84
3.04
2.97
0.40
2.25
2.13
2.63
3.42
5.36
23.04
2.63
2.44
44
10.93
Gross margin%
16.76
19.42
18.75
17.95
16.73
14.77
16.81
15.23
17.22
18.84
27.58
16.81
17.02
84
7.20
Operating margin%
21.04
20.46
21.42
20.31
19.04
21.51
22.86
23.00
22.38
22.23
21.82
22.38
21.47
54
18.55
Net margin%
27.59
27.33
26.20
24.49
22.89
25.28
27.54
25.54
23.14
22.50
9.83
25.28
25.41
92
26.70
P/E ratio (avg)x
9.128
9.103
8.667
9.354
8.958
8.684
9.817
10.68
12.19
13.99
15.43
10.68
9.241
94
24.95
EV/EBITx
23.80
25.74
22.98
22.78
19.99
19.24
19.56
20.58
20.16
21.58
32.31
20.16
21.08
21
23.57
FCF yield (avg)%
28.35
25.78
27.17
28.45
30.23
28.67
31.31
30.06
31.51
30.70
24.05
30.70
29.36
88
11.98
FCF margin%
12.27
11.25
13.81
12.71
10.85
12.21
15.03
13.31
15.71
14.81
6.11
14.81
13.01
94
1.134
FCF / Net incomex
0.217
0.249
0.253
0.287
0.295
0.329
0.341
0.394
0.425
0.420
1.323
0.394
0.312
67
3.01
ROIC%
0.85
0.40
0.40
0.40
0.40
2.29
2.82
5.00
4.55
7.29
22.16
4.55
1.57
82
29.52
Return on equity%
27.86
28.02
28.88
29.43
28.71
28.87
27.09
25.39
26.01
24.06
27.91
26.01
27.94
93
18.79
Return on assets%
29.36
28.56
26.18
25.66
28.32
29.15
30.68
33.07
30.85
30.95
22.13
30.85
29.25
27
0.09
EPS€
0.18
0.18
0.19
0.21
0.20
0.22
0.24
0.25
0.25
0.25
0.09
4.56%
4.26%
—
21.00
EPS growth%
29.40
29.07
27.25
24.71
26.15
24.32
25.76
28.45
28.47
30.60
21.99
28.45
27.85
92
0.29
Bookvalue per sh€
0.41
0.42
0.43
0.44
0.45
0.49
0.50
0.50
0.55
0.57
0.48
4.88%
3.40%
—
0.38
FCF per share€
0.10
0.10
0.10
0.11
0.12
0.12
0.11
0.12
0.13
0.12
0.16
0.67%
1.52%
—
0.34
Dividend per sh€
0.29
0.25
0.23
0.19
0.17
0.18
0.16
0.17
0.17
0.17
0.43
(0.52%)
(4.83%)
—
3.30
Div yield (avg)%
14.69
12.06
14.96
16.56
18.10
16.43
16.62
14.19
13.76
15.77
29.96
15.77
15.37
35
18.01
Payout ratio%
31.33
29.83
31.65
28.93
27.62
26.76
25.34
22.46
20.28
21.78
27.11
22.46
27.19
62
135.4
Shares (diluted)M
161.5
182.2
187.5
173.7
185.0
184.3
178.7
176.7
170.1
192.8
134.1
0.83%
1.71%
25
4.53
Buyback yield%
23.07
21.00
23.11
21.79
21.79
21.79
21.31
21.86
19.23
17.77
12.99
21.31
21.79
66
0.163
D/E ratiox
1.385
1.472
1.409
1.263
1.169
1.144
1.222
1.311
1.223
1.230
1.750
1.223
1.246
44
29.15
Enterprise value€M
49.42
57.28
57.72
58.62
63.03
67.58
77.97
78.02
73.60
71.39
38.91
2.52%
4.47%
48
55.31
LT debt€M
9.380
9.795
10.39
11.28
12.48
13.56
13.04
11.77
11.38
12.17
33.79
(0.51%)
3.69%
42
Revenue
€69.03M
8.32%
1.00×
Cost of revenue
€35.60M
8.48%
1.02×
Operating expenses
€16.42M
8.45%
1.01×
Property and equipment
15.94%
Spread over hurdle
46.19%