104.5
Revenue€M
218.6
218.5
223.1
227.8
231.1
232.7
238.9
242.1
248.2
247.3
114.5
1.37%
1.51%
87
13.08
Revenue growth%
8.44
10.03
7.45
7.55
6.57
4.79
1.81
0.40
1.16
0.40
12.86
1.16
5.68
31
18.61
Gross margin%
17.74
17.54
19.71
19.21
21.35
18.84
20.03
22.60
22.84
21.43
17.64
21.43
19.87
94
20.72
Operating margin%
30.99
29.67
29.46
31.43
32.08
31.22
30.31
30.10
29.62
31.82
17.32
30.31
30.65
48
5.06
Net margin%
21.57
22.17
24.56
24.50
21.99
20.11
22.48
20.72
19.88
22.37
13.11
20.72
22.08
12
23.37
P/E ratio (avg)x
10.14
8.579
8.154
8.601
8.391
7.627
7.809
7.696
7.438
6.394
16.01
7.627
7.982
26
12.51
EV/EBITx
34.81
39.53
43.49
39.94
42.30
41.42
41.52
39.85
38.85
44.26
31.33
41.42
40.68
78
9.66
FCF yield (avg)%
9.75
7.61
5.16
5.60
6.93
7.97
8.32
6.85
7.92
10.33
22.37
7.97
7.77
24
23.51
FCF margin%
26.43
29.39
31.92
29.39
27.82
29.60
27.22
24.32
21.84
21.49
8.12
24.32
27.52
30
1.124
FCF / Net incomex
1.894
1.953
2.189
2.086
2.254
2.616
2.748
2.824
2.857
2.819
0.888
2.819
2.435
48
2.69
ROIC%
20.37
20.53
23.47
23.67
23.47
23.51
23.62
25.94
27.90
27.67
25.59
25.94
23.56
8
21.18
Return on equity%
3.24
4.45
1.53
2.07
3.59
0.91
0.40
0.40
0.40
1.51
5.23
0.40
1.52
56
8.02
Return on assets%
24.23
24.81
21.91
24.07
23.43
23.81
23.58
21.24
22.73
22.94
5.34
22.94
23.51
59
0.64
EPS€
0.37
0.34
0.31
0.30
0.29
0.29
0.30
0.30
0.29
0.28
0.66
(1.09%)
(2.01%)
—
6.00
EPS growth%
5.76
5.37
4.68
3.59
4.32
6.46
4.23
1.46
2.68
2.67
5.25
2.68
4.28
41
0.35
Bookvalue per sh€
0.56
0.53
0.60
0.64
0.65
0.67
0.66
0.64
0.70
0.70
0.69
1.65%
3.42%
—
0.36
FCF per share€
1.24
1.34
1.41
1.43
1.49
1.45
1.41
1.50
1.56
1.52
0.15
0.48%
3.73%
—
0.51
Dividend per sh€
0.82
0.80
0.84
0.97
0.98
1.05
1.01
0.95
1.05
1.01
0.21
0.61%
3.57%
—
26.58
Div yield (avg)%
24.99
22.72
21.72
20.53
21.29
19.09
17.76
15.56
12.85
13.42
24.44
15.56
19.81
83
6.98
Payout ratio%
6.87
6.60
3.61
2.67
4.56
6.43
4.17
4.70
2.46
5.32
17.95
4.70
4.63
41
210.6
Shares (diluted)M
241.9
264.1
239.2
215.0
232.9
224.1
201.7
216.0
240.8
246.7
207.9
1.16%
0.84%
50
20.15
Buyback yield%
0.64
0.62
3.10
5.27
6.25
5.03
4.24
6.08
6.70
5.59
3.54
5.59
5.15
70
0.544
D/E ratiox
0.570
0.495
0.453
0.396
0.422
0.393
0.341
0.328
0.320
0.347
0.709
0.341
0.395
78
342.7
Enterprise value€M
366.7
361.1
363.2
383.6
436.9
462.6
519.2
572.2
583.9
645.9
342.5
8.13%
7.43%
56
113.4
LT debt€M
54.01
54.69
56.20
55.39
49.15
42.68
44.16
45.71
42.73
44.76
284.1
(1.85%)
(1.68%)
44
Revenue
€247.3M
1.51%
1.00×
Cost of revenue
€171.5M
1.54%
1.00×
Operating expenses
€32.58M
1.72%
1.02×
Spread over hurdle
(2.37%)