1.231
Revenue€M
2.081
2.107
2.089
2.095
2.151
2.176
2.188
2.240
2.275
1.329
1.485
1.66%
1.47%
88
9.80
Revenue growth%
6.78
7.65
5.45
5.76
4.26
6.57
5.24
5.40
5.61
11.33
10.74
5.40
5.69
12
20.49
Gross margin%
0.40
3.02
3.99
4.33
5.83
3.38
5.92
6.65
8.86
4.54
9.40
5.92
4.16
82
19.05
Operating margin%
30.21
28.51
27.71
29.87
31.59
31.52
33.84
34.24
31.54
3.26
11.42
31.59
31.08
14
27.57
Net margin%
10.96
8.69
9.93
7.65
5.82
7.67
8.60
8.81
11.14
17.63
27.37
8.60
8.75
66
26.55
P/E ratio (avg)x
20.14
21.57
23.84
22.38
24.94
26.81
26.21
29.44
33.04
26.83
14.30
26.81
24.39
80
7.204
EV/EBITx
24.71
26.85
27.33
25.83
25.00
28.14
27.06
24.66
22.56
13.44
24.88
25.00
26.34
51
27.30
FCF yield (avg)%
17.52
19.66
16.75
13.92
16.44
19.30
19.92
22.46
23.54
24.42
21.38
19.92
18.41
80
9.75
FCF margin%
22.43
20.27
19.72
20.76
22.23
24.11
23.80
24.11
22.42
19.69
19.57
23.80
22.32
80
0.165
FCF / Net incomex
1.428
1.342
1.319
1.405
1.231
1.273
1.331
1.236
1.213
0.824
0.328
1.236
1.321
34
10.39
ROIC%
24.74
24.65
25.46
27.22
28.82
27.22
28.46
26.22
26.50
15.43
11.98
27.22
26.36
70
26.13
Return on equity%
20.63
21.75
20.76
22.74
22.72
21.35
20.03
17.68
18.69
28.57
14.54
20.03
20.70
73
2.51
Return on assets%
25.89
28.55
26.35
28.20
29.68
29.80
26.80
24.56
24.47
10.26
2.24
26.80
26.58
10
0.38
EPS€
0.30
0.29
0.30
0.27
0.30
0.33
0.34
0.33
0.35
0.41
0.43
5.13%
1.09%
—
17.91
EPS growth%
14.56
12.48
14.54
16.72
19.21
21.97
23.08
21.32
19.58
19.87
12.07
21.32
17.97
59
0.30
Bookvalue per sh€
0.35
0.40
0.40
0.41
0.47
0.47
0.52
0.52
0.55
0.08
0.22
5.69%
4.11%
—
0.08
FCF per share€
0.20
0.21
0.24
0.28
0.28
0.30
0.34
0.37
0.37
0.09
0.09
5.75%
7.37%
—
0.41
Dividend per sh€
0.60
0.66
0.62
0.63
0.71
0.68
0.79
0.76
0.78
0.25
0.09
4.49%
3.39%
—
11.41
Div yield (avg)%
19.03
19.93
18.00
19.10
21.38
22.34
20.58
17.67
17.20
14.32
2.68
20.58
19.06
86
5.42
Payout ratio%
19.17
18.59
18.04
18.91
19.20
20.66
22.90
24.98
26.22
14.10
8.44
22.90
19.40
9
5.742
Shares (diluted)M
7.587
7.486
8.318
8.733
10.05
10.21
10.57
11.98
12.73
5.868
5.832
7.84%
7.16%
30
14.23
Buyback yield%
18.86
16.94
19.47
16.70
14.55
15.21
12.30
12.61
11.51
3.67
28.47
12.61
15.96
60
0.753
D/E ratiox
0.678
0.702
0.662
0.763
0.790
0.831
0.927
0.951
0.882
1.280
1.543
0.882
0.776
19
1.714
Enterprise value€M
2.100
2.027
1.911
2.036
2.271
2.239
2.387
2.567
2.424
2.252
2.628
3.55%
(0.33%)
29
2.382
LT debt€M
0.876
0.899
0.892
0.883
0.892
0.952
0.993
1.022
1.119
0.987
1.826
4.85%
2.37%
88
Revenue
€2.275M
1.47%
1.00×
Cost of revenue
€1.490M
1.56%
1.01×
Operating expenses
€0.427M
1.05%
0.96×
Cash and investments
15.46%
Spread over hurdle
(2.04%)