625.3
Revenue€M
509.1
524.0
538.6
549.5
581.5
594.2
622.1
648.5
686.1
725.1
638.4
4.51%
3.94%
14
24.59
Revenue growth%
7.93
9.09
8.62
8.20
9.77
11.56
10.89
9.94
7.95
5.07
14.93
9.94
8.86
59
22.00
Gross margin%
3.01
3.03
2.81
5.55
5.25
2.80
2.36
5.30
2.41
4.58
13.05
2.80
3.02
42
25.75
Operating margin%
8.96
7.93
5.15
6.18
7.49
10.45
12.04
10.12
11.39
8.48
22.85
10.45
8.72
78
12.40
Net margin%
20.96
22.19
20.99
22.32
22.89
21.24
19.99
21.77
22.54
21.51
12.93
21.51
21.64
11
32.69
P/E ratio (avg)x
13.08
14.30
15.38
15.52
16.55
15.04
16.91
17.68
18.86
21.21
16.03
17.68
16.03
40
23.53
EV/EBITx
10.35
10.90
12.69
14.67
14.23
15.68
15.79
16.40
19.06
18.83
8.112
16.40
15.17
43
24.65
FCF yield (avg)%
0.77
0.40
2.58
4.27
1.38
2.84
4.83
7.81
8.16
5.44
5.67
5.44
3.55
43
22.17
FCF margin%
7.32
9.37
11.76
13.85
14.07
16.77
17.88
17.43
20.33
18.18
6.88
17.88
15.42
8
0.855
FCF / Net incomex
1.323
1.562
1.692
1.981
1.906
2.061
2.387
2.403
2.568
3.060
1.463
2.403
2.021
62
2.90
ROIC%
7.95
6.83
7.12
8.58
9.68
9.31
7.89
9.82
9.70
7.31
6.39
9.31
8.27
81
29.11
Return on equity%
13.38
16.36
16.27
15.48
13.71
15.57
14.03
12.63
11.18
9.35
24.15
12.63
13.87
8
8.45
Return on assets%
8.15
8.57
8.41
10.97
13.33
14.71
17.40
19.70
20.85
21.78
12.73
19.70
14.02
82
7.33
EPS€
3.73
4.28
4.14
4.75
4.93
5.27
5.92
5.76
5.43
5.17
7.80
0.95%
4.33%
—
4.62
EPS growth%
29.91
31.88
31.48
33.47
36.13
37.09
37.48
39.11
36.58
37.92
17.35
37.48
36.35
77
7.98
Bookvalue per sh€
9.31
9.77
10.25
10.30
10.88
11.44
11.33
11.32
13.15
13.62
2.22
4.59%
5.57%
—
5.47
FCF per share€
5.84
6.42
6.24
6.43
7.04
8.02
8.77
8.59
7.74
7.72
7.73
1.86%
1.94%
—
6.71
Dividend per sh€
2.69
2.59
2.76
3.04
3.07
3.33
3.10
3.16
2.98
2.77
6.01
(2.03%)
0.33%
—
19.16
Div yield (avg)%
4.63
5.92
3.83
5.21
4.63
1.92
3.37
0.81
0.40
0.40
22.26
0.81
3.60
60
20.81
Payout ratio%
4.81
7.49
7.84
6.38
8.53
6.18
7.01
5.41
8.01
9.98
27.67
7.01
7.25
42
30.26
Shares (diluted)M
30.21
30.10
26.82
27.61
25.15
24.56
22.33
20.53
19.36
18.95
30.65
(5.50%)
(5.16%)
42
23.46
Buyback yield%
16.45
17.43
16.17
16.41
15.37
14.24
15.48
15.90
16.47
17.73
8.37
15.90
16.29
29
0.773
D/E ratiox
0.189
0.214
0.214
0.235
0.229
0.230
0.239
0.231
0.214
0.221
0.102
0.230
0.225
38
0.374
Enterprise value€B
0.700
0.797
0.954
1.141
1.180
1.253
1.261
1.266
1.308
1.379
0.420
3.16%
7.06%
17
591.7
LT debt€M
53.84
59.19
62.46
72.58
83.15
91.43
96.00
94.68
95.82
99.96
464.1
3.75%
5.81%
89
Revenue
€725.1M
3.94%
1.00×
Cost of revenue
€507.6M
3.94%
1.00×
Operating expenses
€122.9M
3.57%
0.97×
Goodwill & intangibles
14.19%
Spread over hurdle
(6.62%)