5.383
Revenue€B
4.739
4.929
5.180
5.281
5.459
5.717
5.848
6.147
6.325
6.620
5.984
3.93%
3.62%
13
9.09
Revenue growth%
13.07
14.76
15.58
18.36
20.26
21.32
18.34
18.60
17.56
15.75
22.55
18.34
17.95
64
13.95
Gross margin%
0.40
1.26
3.26
1.31
0.96
2.68
2.62
5.22
2.54
3.58
19.06
2.68
2.58
13
14.27
Operating margin%
24.26
23.20
22.67
25.31
25.24
27.96
28.18
27.64
24.83
23.79
12.64
27.64
25.04
90
19.56
Net margin%
17.68
17.90
20.66
23.29
23.79
24.70
23.36
22.00
21.04
19.62
13.62
22.00
21.52
75
31.71
P/E ratio (avg)x
11.42
13.11
14.88
16.04
17.46
17.82
17.35
18.13
20.64
22.81
21.70
18.13
17.41
52
21.92
EV/EBITx
11.98
11.45
10.46
9.703
9.526
10.48
10.28
9.479
10.22
9.371
10.40
10.22
10.25
6
28.28
FCF yield (avg)%
3.25
2.11
3.91
6.40
8.04
5.71
3.20
0.75
0.40
0.98
21.54
0.98
3.22
69
25.01
FCF margin%
2.02
2.49
1.56
4.46
5.57
6.82
7.98
6.36
5.79
6.87
9.77
6.82
5.68
73
1.262
FCF / Net incomex
2.535
2.757
3.343
3.404
3.700
4.332
4.942
4.862
4.760
5.718
0.626
4.862
4.016
5
13.62
ROIC%
7.54
10.12
11.67
11.97
9.04
7.90
6.67
4.24
7.20
7.33
11.58
7.20
7.72
46
29.78
Return on equity%
18.03
15.95
17.57
17.43
19.76
20.68
18.37
16.28
16.60
16.91
15.76
16.91
17.50
49
4.67
Return on assets%
28.30
25.58
26.79
26.56
23.84
24.64
23.14
24.07
23.41
23.97
5.71
23.97
24.35
69
2.08
EPS€
0.65
0.60
0.66
0.70
0.67
0.66
0.73
0.66
0.62
0.61
2.21
(2.01%)
(0.72%)
—
23.72
EPS growth%
14.21
12.61
12.38
14.85
14.38
12.48
14.80
14.31
12.34
15.17
14.51
14.31
14.26
21
2.02
Bookvalue per sh€
2.68
3.02
3.10
2.94
3.36
3.54
3.80
3.70
3.85
4.13
0.45
4.19%
4.51%
—
1.02
FCF per share€
0.90
0.92
1.04
1.04
1.12
1.17
1.08
1.17
1.08
1.09
2.52
(0.47%)
1.84%
—
0.64
Dividend per sh€
0.92
0.96
0.86
0.91
0.88
0.81
0.86
0.94
0.93
1.02
1.31
2.87%
(0.33%)
—
11.93
Div yield (avg)%
36.18
35.67
38.56
41.38
41.70
43.38
40.87
42.32
43.76
46.26
18.63
43.38
41.54
49
11.02
Payout ratio%
5.78
4.06
3.15
5.68
4.92
3.02
0.70
2.70
1.62
4.10
3.27
2.70
3.60
76
1.072
Shares (diluted)B
1.795
2.065
2.073
2.112
2.240
2.546
2.944
3.350
3.652
3.584
1.031
9.86%
8.14%
26
6.73
Buyback yield%
28.51
30.87
29.10
29.42
26.67
27.36
29.65
32.54
32.32
32.12
21.58
32.12
29.53
81
0.900
D/E ratiox
2.353
2.175
2.318
2.584
2.341
2.450
2.709
3.000
3.050
3.446
1.767
3.000
2.517
26
4.462
Enterprise value€B
1.778
1.664
1.853
1.867
2.055
2.300
2.465
2.837
3.143
3.423
5.006
10.75%
7.17%
19
2.391
LT debt€B
2.384
2.598
2.995
3.252
3.345
3.402
3.482
3.892
4.178
4.977
1.451
8.27%
9.00%
62
Revenue
€6.620B
3.62%
1.00×
Cost of revenue
€3.577B
3.59%
1.00×
Operating expenses
€1.473B
3.91%
1.03×
Spread over hurdle
13.02%