4.471
Revenue€M
10.58
11.47
12.26
13.35
14.34
15.36
16.30
17.89
19.80
21.26
4.787
8.20%
8.16%
51
5.92
Revenue growth%
0.40
1.35
2.38
3.67
4.73
4.84
3.01
1.68
1.79
0.40
18.78
1.79
2.08
40
14.48
Gross margin%
9.44
8.33
7.50
4.73
3.77
3.59
5.37
6.70
4.83
5.10
16.72
5.10
5.23
17
15.91
Operating margin%
0.55
0.40
2.01
0.40
2.83
0.60
2.52
0.40
0.40
0.40
13.14
0.40
0.47
87
25.97
Net margin%
17.38
18.19
16.80
17.17
17.38
19.80
17.77
20.54
19.57
19.42
15.05
19.57
17.98
31
16.04
P/E ratio (avg)x
19.20
21.52
21.13
22.30
25.13
26.69
26.23
29.28
26.65
26.15
31.75
26.65
25.64
36
22.25
EV/EBITx
22.36
19.31
19.02
18.26
19.93
17.20
15.68
15.91
16.61
15.31
17.69
15.91
17.73
66
16.69
FCF yield (avg)%
17.93
18.67
21.05
22.80
25.21
26.91
27.81
25.99
28.51
27.94
10.08
27.81
25.60
89
13.89
FCF margin%
9.75
11.18
10.81
12.00
12.25
11.25
13.69
11.36
9.93
9.98
17.01
11.25
11.22
31
1.335
FCF / Net incomex
0.408
0.431
0.496
0.460
0.518
0.580
0.581
0.584
0.644
0.647
1.672
0.584
0.549
49
13.37
ROIC%
24.49
26.25
24.02
25.61
23.79
22.64
21.91
21.78
22.87
21.11
24.26
21.91
23.33
71
13.68
Return on equity%
22.37
22.26
20.14
17.88
15.51
13.32
11.18
10.63
13.59
16.12
4.01
13.32
15.82
86
13.83
Return on assets%
20.86
21.72
21.68
20.70
20.61
23.49
23.48
22.28
23.84
21.59
2.37
23.48
21.70
72
1.38
EPS€
0.52
0.48
0.48
0.50
0.48
0.43
0.46
0.46
0.40
0.41
1.44
(3.16%)
(1.71%)
—
10.80
EPS growth%
31.25
32.19
30.87
28.38
28.50
30.57
32.74
31.36
33.37
30.78
15.70
31.36
31.06
28
1.27
Bookvalue per sh€
0.30
0.27
0.24
0.23
0.22
0.22
0.22
0.21
0.20
0.17
1.10
(4.74%)
(6.89%)
—
0.35
FCF per share€
1.13
1.23
1.17
1.06
1.18
1.24
1.28
1.25
1.37
1.41
1.18
3.63%
2.11%
—
1.35
Dividend per sh€
0.58
0.57
0.66
0.71
0.77
0.82
0.87
0.91
1.00
1.10
0.99
7.46%
8.23%
—
14.68
Div yield (avg)%
8.97
11.34
9.94
8.72
9.51
10.10
10.26
12.37
14.86
17.64
13.99
12.37
10.18
73
7.01
Payout ratio%
20.51
18.27
17.64
18.82
18.60
16.30
17.86
18.18
18.21
19.75
23.70
18.18
18.24
50
26.14
Shares (diluted)M
36.51
41.20
46.24
53.10
52.69
61.55
64.05
68.00
76.96
71.59
25.34
6.32%
7.60%
92
28.46
Buyback yield%
11.37
9.08
7.86
9.19
8.90
7.79
5.06
5.46
2.88
0.40
2.49
5.06
7.82
23
1.353
D/E ratiox
1.599
1.492
1.281
1.259
1.085
1.124
1.159
1.235
1.187
1.200
0.925
1.187
1.218
44
13.29
Enterprise value€M
28.08
26.95
28.35
27.52
27.07
29.08
30.29
32.65
31.17
34.83
22.46
5.17%
3.07%
10
9.249
LT debt€M
57.87
63.62
64.13
72.28
78.67
90.38
105.7
118.3
127.9
149.7
18.02
13.73%
11.93%
47
Revenue
€21.26M
8.16%
1.00×
Cost of revenue
€11.78M
7.90%
0.98×
Operating expenses
€2.711M
8.12%
1.00×
Cash and investments
14.68%
Goodwill & intangibles
14.43%
Spread over hurdle
15.76%