433.3
Revenue€M
296.0
308.1
326.4
354.8
376.6
396.2
418.1
450.2
474.9
513.7
484.1
6.41%
6.34%
80
10.78
Revenue growth%
4.02
3.35
1.44
0.67
0.40
3.31
2.93
0.40
0.83
2.77
4.80
2.77
2.10
16
12.80
Gross margin%
8.73
11.71
11.19
10.18
11.58
13.30
12.84
10.65
11.59
9.22
16.28
11.59
11.39
47
13.88
Operating margin%
6.23
3.35
5.91
6.90
9.28
8.58
6.29
4.58
2.27
3.24
6.41
4.58
6.07
21
9.64
Net margin%
21.83
20.26
21.18
20.03
21.80
18.84
17.89
16.88
19.69
21.31
26.85
18.84
20.14
25
12.43
P/E ratio (avg)x
46.08
46.25
46.01
50.16
54.21
52.36
57.70
63.00
72.49
72.70
21.55
63.00
53.28
41
34.11
EV/EBITx
41.07
43.87
50.70
50.66
48.62
53.54
57.59
61.29
65.22
66.21
28.99
61.29
52.12
34
2.37
FCF yield (avg)%
29.88
32.44
33.92
31.67
34.38
34.92
35.61
34.83
34.05
31.61
2.55
34.83
33.99
34
16.49
FCF margin%
2.47
4.22
5.56
2.78
5.12
3.51
6.49
9.05
7.84
8.30
7.00
7.84
5.34
9
0.630
FCF / Net incomex
0.502
0.537
0.508
0.556
0.584
0.579
0.618
0.574
0.570
0.560
0.464
0.574
0.565
91
26.88
ROIC%
2.52
2.33
0.40
0.56
1.57
0.40
1.81
1.21
1.06
0.78
12.37
1.06
1.14
73
28.92
Return on equity%
3.13
0.45
1.58
1.11
4.06
3.59
2.20
3.66
6.07
6.83
11.22
3.66
3.36
83
8.48
Return on assets%
14.77
15.38
17.76
17.17
14.21
15.34
16.21
15.63
13.80
12.76
26.45
15.34
15.36
27
6.93
EPS€
7.07
6.88
6.57
5.63
6.06
6.11
6.24
6.02
5.42
5.26
7.31
(2.80%)
(4.38%)
—
19.52
EPS growth%
27.68
30.66
31.18
28.94
27.39
26.02
25.34
22.47
22.28
21.65
6.14
22.47
26.70
45
5.49
Bookvalue per sh€
1.41
1.43
1.68
2.00
2.22
2.43
2.55
2.83
3.28
3.52
1.88
9.66%
9.59%
—
5.87
FCF per share€
3.79
3.30
2.82
3.03
2.87
2.88
2.94
2.67
2.78
2.38
5.98
(3.68%)
(4.73%)
—
6.33
Dividend per sh€
6.94
6.70
6.07
6.63
6.18
5.70
5.45
6.06
5.88
6.26
3.19
0.26%
(1.67%)
—
16.96
Div yield (avg)%
2.42
1.99
4.69
4.73
5.93
7.56
5.83
2.93
2.73
0.40
19.30
2.93
3.81
40
22.34
Payout ratio%
20.18
21.90
22.51
23.81
23.35
25.18
22.82
22.08
23.49
25.16
26.58
23.49
23.08
49
35.90
Shares (diluted)M
31.18
30.76
29.89
32.00
32.62
33.86
31.40
32.02
29.30
27.73
37.67
(3.20%)
(1.41%)
49
22.77
Buyback yield%
24.85
22.02
23.45
24.95
23.91
26.31
27.70
27.99
28.94
31.18
9.48
27.99
25.63
39
1.568
D/E ratiox
0.683
0.738
0.746
0.782
0.793
0.729
0.759
0.766
0.836
0.810
0.389
0.766
0.762
63
137.1
Enterprise value€M
90.40
89.01
86.84
89.42
88.20
91.59
89.92
98.68
111.6
106.8
387.7
3.90%
2.03%
40
466.6
LT debt€M
298.7
313.3
338.7
361.8
408.4
461.2
508.2
530.9
555.6
566.8
228.6
6.78%
8.58%
31
Revenue
€513.7M
6.34%
1.00×
Cost of revenue
€315.7M
6.32%
1.00×
Operating expenses
€106.3M
6.34%
1.00×
Cash and investments
19.08%
Spread over hurdle
(2.47%)