224.4
Revenue€M
270.3
290.1
315.8
335.3
359.6
393.9
423.0
453.5
497.5
547.0
233.9
8.75%
8.30%
78
22.78
Revenue growth%
15.31
14.23
15.61
14.03
13.35
12.30
10.76
9.85
7.22
8.38
8.17
9.85
12.83
6
4.86
Gross margin%
7.36
9.94
8.82
6.40
6.19
4.83
6.52
7.29
6.11
3.14
23.56
6.11
6.46
62
13.90
Operating margin%
12.92
14.96
16.52
16.23
14.69
16.34
19.16
19.35
18.66
18.15
26.45
18.66
16.43
72
15.48
Net margin%
19.09
21.02
18.81
17.39
17.49
18.58
17.72
18.07
19.96
17.92
13.69
18.07
18.32
29
9.427
P/E ratio (avg)x
22.78
22.66
20.46
21.16
20.71
18.45
18.59
17.05
19.02
20.31
32.22
18.59
20.39
90
12.89
EV/EBITx
12.92
11.57
11.22
11.38
10.72
11.01
11.87
11.19
9.905
8.894
17.79
11.01
11.21
37
6.76
FCF yield (avg)%
17.04
15.92
14.04
16.55
15.13
12.86
11.12
13.70
10.97
9.60
2.92
11.12
13.87
75
9.83
FCF margin%
9.97
8.54
8.76
10.00
9.96
10.27
8.44
6.91
4.91
6.10
20.37
6.91
8.65
81
1.099
FCF / Net incomex
1.145
1.306
1.386
1.317
1.474
1.551
1.609
1.781
1.881
2.153
0.260
1.781
1.513
55
9.09
ROIC%
12.32
10.34
10.12
7.85
5.96
3.74
2.86
3.38
3.09
2.64
5.08
3.09
4.85
89
3.80
Return on equity%
14.20
16.82
15.57
16.11
17.88
15.37
16.64
13.70
14.49
15.38
26.66
15.37
15.47
90
23.25
Return on assets%
13.80
16.61
18.65
18.39
17.86
18.32
17.03
16.56
13.75
14.77
26.60
16.56
16.82
43
5.70
EPS€
3.40
3.26
3.28
3.54
3.34
3.13
3.39
3.48
3.65
3.64
5.85
1.70%
0.48%
—
3.02
EPS growth%
17.40
19.13
18.13
19.03
16.48
18.51
18.44
18.73
16.19
17.02
19.57
18.44
18.28
66
3.00
Bookvalue per sh€
3.59
3.37
3.54
3.24
3.42
3.73
3.63
3.33
3.62
4.11
7.94
3.77%
2.18%
—
2.48
FCF per share€
10.76
12.28
12.25
13.63
12.99
13.25
14.02
14.03
15.92
17.49
5.67
6.12%
5.82%
—
8.02
Dividend per sh€
9.63
9.65
9.95
10.74
10.94
11.48
10.84
10.56
10.57
11.53
5.14
1.06%
3.19%
—
24.70
Div yield (avg)%
4.01
6.65
4.24
2.25
1.41
0.40
0.40
2.63
0.59
0.40
15.40
0.40
1.83
15
6.07
Payout ratio%
5.08
2.18
0.40
0.40
0.40
3.19
0.56
0.40
0.40
1.15
10.32
0.56
0.48
39
22.74
Shares (diluted)M
31.90
35.84
42.64
50.68
53.68
62.31
67.95
81.03
84.65
100.9
22.99
13.46%
13.89%
74
27.17
Buyback yield%
18.29
20.05
20.64
21.92
24.59
23.19
24.29
26.33
25.44
25.27
5.37
25.27
23.74
63
1.283
D/E ratiox
0.382
0.359
0.330
0.326
0.343
0.314
0.323
0.299
0.280
0.248
1.660
0.299
0.324
94
174.9
Enterprise value€M
436.2
435.7
488.9
477.0
482.0
493.2
495.8
586.6
651.3
669.3
167.3
6.78%
6.17%
54
258.7
LT debt€M
190.5
191.4
187.4
183.8
192.0
176.3
180.2
196.0
179.1
179.0
96.13
(1.40%)
(0.05%)
46
Revenue
€547.0M
8.30%
1.00×
Cost of revenue
€382.9M
8.30%
1.00×
Operating expenses
€106.2M
8.73%
1.04×
Property and equipment
17.16%
Spread over hurdle
(3.57%)