207.0
Revenue€M
162.6
173.1
182.2
192.5
202.5
215.1
228.4
243.9
255.4
269.7
218.8
5.90%
5.87%
79
26.33
Revenue growth%
17.80
18.65
19.47
20.82
22.90
23.73
25.86
28.41
27.60
26.53
15.58
26.53
23.31
57
20.89
Gross margin%
22.80
21.91
20.61
21.61
22.67
25.55
24.46
26.79
26.54
27.97
4.41
26.54
23.63
61
20.58
Operating margin%
21.98
21.53
21.36
24.35
22.77
23.63
24.74
22.96
24.97
26.25
22.38
24.74
23.29
56
3.52
Net margin%
3.87
1.37
0.40
0.40
1.53
3.58
2.20
2.59
3.56
3.41
29.03
3.41
2.39
76
34.27
P/E ratio (avg)x
22.09
23.03
23.30
22.93
21.89
21.13
19.39
19.09
16.69
16.17
21.79
19.09
21.51
74
18.36
EV/EBITx
8.843
9.469
9.046
10.22
10.40
10.43
11.75
12.42
13.55
14.06
9.696
12.42
10.41
15
25.44
FCF yield (avg)%
12.00
9.84
9.11
8.31
8.78
10.00
9.69
7.78
10.47
10.87
4.98
10.00
9.76
34
8.42
FCF margin%
3.10
3.58
3.71
2.52
1.45
2.84
3.16
5.88
6.50
7.45
20.00
5.88
3.37
7
1.598
FCF / Net incomex
1.221
1.204
1.143
1.116
1.181
1.228
1.352
1.261
1.163
1.294
1.112
1.261
1.212
65
5.85
ROIC%
9.01
10.09
9.98
12.30
10.23
12.99
15.61
13.71
15.63
17.06
26.34
15.61
12.65
38
15.71
Return on equity%
29.22
28.15
30.22
30.16
31.79
34.38
33.75
35.11
33.23
36.22
14.84
34.38
32.51
69
5.89
Return on assets%
13.31
12.41
12.79
14.95
12.30
14.52
12.41
10.68
8.52
6.95
15.85
10.68
12.41
86
3.15
EPS€
0.88
0.88
0.94
0.99
0.95
0.93
0.96
0.83
0.91
0.94
3.23
(0.24%)
(0.30%)
—
14.53
EPS growth%
26.59
24.64
24.14
26.21
26.35
25.22
25.62
27.42
27.30
26.21
11.01
26.21
26.21
54
3.15
Bookvalue per sh€
4.81
5.23
5.63
6.26
6.78
6.50
6.35
6.16
6.29
6.40
2.90
(1.13%)
4.34%
—
4.14
FCF per share€
2.56
2.54
2.31
2.55
2.43
2.23
2.22
2.04
1.92
1.84
2.62
(5.42%)
(3.03%)
—
1.27
Dividend per sh€
3.12
3.56
3.50
3.53
4.08
4.03
3.99
4.60
4.89
5.67
1.12
6.81%
7.49%
—
13.95
Div yield (avg)%
13.63
15.51
16.82
16.74
18.25
21.23
21.77
22.64
24.57
26.71
25.73
22.64
19.74
56
16.38
Payout ratio%
14.47
14.54
12.75
14.20
11.87
12.71
9.91
11.11
12.97
14.29
27.45
12.71
12.86
20
9.882
Shares (diluted)M
14.47
16.66
17.21
17.92
21.14
24.30
27.00
29.82
35.17
41.41
9.976
14.39%
12.51%
18
23.16
Buyback yield%
23.45
21.44
22.95
20.33
20.97
21.25
20.75
19.12
21.51
22.28
29.38
21.25
21.35
63
0.667
D/E ratiox
0.953
1.048
1.213
1.401
1.331
1.456
1.717
1.748
1.769
1.919
0.789
1.748
1.428
10
214.4
Enterprise value€M
86.08
98.13
105.8
117.7
131.5
131.4
135.3
157.1
162.1
179.4
116.6
6.41%
9.32%
32
213.2
LT debt€M
52.38
57.20
65.82
64.32
64.92
65.81
65.97
71.10
74.92
86.17
188.4
5.83%
6.76%
73
Revenue
€269.7M
5.87%
1.00×
Cost of revenue
€147.2M
5.87%
1.00×
Operating expenses
€37.08M
6.42%
1.05×
Property and equipment
14.77%
Spread over hurdle
10.13%