7.130
Revenue€M
6.144
6.355
6.813
7.324
7.910
8.508
9.210
9.972
10.32
11.11
7.831
7.03%
6.78%
57
10.73
Revenue growth%
31.36
28.37
28.90
25.93
28.54
28.39
29.45
30.84
30.42
32.49
15.09
30.42
29.17
53
2.81
Gross margin%
10.58
7.73
8.22
7.85
7.38
5.89
3.85
6.47
4.45
4.17
10.12
4.45
6.92
41
20.80
Operating margin%
13.19
15.85
15.75
16.28
17.29
14.45
12.21
12.54
9.87
7.01
11.04
12.21
13.82
21
2.16
Net margin%
26.94
24.72
24.59
27.59
27.37
28.41
26.78
27.41
26.91
26.47
2.43
26.91
26.92
78
15.76
P/E ratio (avg)x
30.67
35.05
41.24
42.35
45.06
53.08
52.62
60.13
61.55
69.72
10.88
60.13
48.84
62
31.77
EV/EBITx
14.17
13.12
13.24
12.06
11.59
12.08
12.22
13.50
13.43
14.04
9.257
13.43
13.18
72
21.70
FCF yield (avg)%
18.65
16.65
19.04
17.61
18.22
17.45
14.65
16.88
15.44
16.64
4.55
16.64
17.16
92
13.40
FCF margin%
3.02
2.07
1.51
0.40
1.26
2.62
3.70
5.18
6.95
4.02
6.63
4.02
2.82
18
0.812
FCF / Net incomex
0.864
0.879
0.845
0.850
0.878
0.933
1.094
1.072
1.020
1.193
0.875
1.072
0.906
27
4.64
ROIC%
18.43
17.65
18.25
17.44
18.83
18.35
18.98
17.29
18.51
18.94
23.02
18.51
18.39
16
10.76
Return on equity%
13.19
12.00
11.97
14.39
14.18
17.08
15.86
17.33
18.39
18.49
25.33
17.33
15.13
30
2.40
Return on assets%
3.22
1.13
0.40
0.40
0.40
0.40
0.40
0.40
0.40
1.97
2.13
0.40
0.40
85
2.19
EPS€
3.73
4.40
4.55
5.32
5.62
6.02
6.90
7.90
7.76
9.38
2.44
10.81%
10.81%
—
24.31
EPS growth%
30.11
29.18
28.56
30.72
31.58
31.00
29.10
31.26
33.51
35.02
23.12
31.26
30.86
86
3.23
Bookvalue per sh€
2.15
1.96
1.87
1.81
1.73
1.87
1.96
2.21
2.14
2.21
3.29
5.07%
1.25%
—
3.31
FCF per share€
3.17
3.34
3.34
3.10
2.82
2.60
2.52
2.30
2.31
2.25
3.34
(4.43%)
(3.07%)
—
0.63
Dividend per sh€
1.41
1.29
1.24
1.21
1.33
1.29
1.41
1.46
1.33
1.30
2.39
(0.51%)
(1.47%)
—
6.95
Div yield (avg)%
5.40
4.60
3.01
3.30
5.31
4.71
2.95
3.71
3.51
4.24
12.95
3.71
3.98
48
28.36
Payout ratio%
20.95
18.92
17.13
17.96
18.93
17.54
17.58
14.82
17.26
17.64
6.31
17.54
17.61
33
3.822
Shares (diluted)M
4.185
4.778
4.512
4.950
5.467
5.675
5.940
6.208
6.305
6.298
3.750
2.87%
3.74%
32
27.21
Buyback yield%
11.02
13.23
15.63
13.70
14.76
15.61
15.96
15.45
16.34
14.08
16.02
15.61
15.10
20
1.043
D/E ratiox
2.020
1.968
2.146
2.152
2.184
2.217
2.408
2.494
2.722
2.584
1.680
2.494
2.201
17
6.551
Enterprise value€M
9.316
9.241
9.903
9.262
10.26
10.93
11.73
10.90
12.49
14.50
2.126
7.17%
5.67%
74
7.611
LT debt€M
11.73
11.31
10.80
12.52
13.95
14.29
13.59
15.11
16.22
16.69
5.511
3.64%
4.76%
64
Revenue
€11.11M
6.78%
1.00×
Cost of revenue
€7.365M
6.57%
0.98×
Operating expenses
€1.983M
7.38%
1.06×
Goodwill & intangibles
16.17%
Spread over hurdle
(0.26%)