0.638
Revenue€M
2.414
2.536
2.713
2.831
2.998
3.204
3.298
3.462
3.704
3.821
0.681
4.97%
5.41%
44
21.08
Revenue growth%
4.67
7.43
6.76
5.93
5.61
5.12
3.74
0.85
1.97
0.40
23.39
1.97
4.90
41
18.23
Gross margin%
31.84
31.09
32.42
33.17
35.46
36.79
36.74
34.33
32.40
31.35
15.18
34.33
32.80
80
23.27
Operating margin%
32.16
33.29
31.06
33.44
31.10
33.89
31.65
32.83
31.13
28.72
21.45
31.65
31.91
57
5.31
Net margin%
19.20
20.07
18.30
18.92
17.05
16.88
14.13
11.19
12.58
12.42
10.04
12.58
16.96
64
22.70
P/E ratio (avg)x
11.01
10.87
11.18
12.03
11.45
12.26
13.80
15.25
15.51
14.58
10.74
14.58
12.14
55
7.216
EV/EBITx
27.35
30.00
31.68
32.33
34.95
35.84
39.04
39.20
47.00
48.89
13.58
39.20
35.39
41
8.12
FCF yield (avg)%
27.19
25.31
25.90
26.12
23.65
23.41
21.71
23.39
20.55
21.49
15.59
21.71
23.53
68
16.92
FCF margin%
24.69
22.48
20.13
17.57
19.17
19.26
21.79
23.28
22.31
20.72
22.51
21.79
21.26
88
1.618
FCF / Net incomex
1.011
1.169
1.395
1.589
1.885
2.140
2.247
2.443
2.865
2.925
0.555
2.443
2.013
42
4.98
ROIC%
34.81
36.34
37.23
35.47
38.30
37.90
36.94
35.72
37.20
37.53
21.15
37.20
37.07
16
10.34
Return on equity%
24.38
26.75
24.37
23.26
24.66
21.98
19.31
17.26
18.20
21.12
17.92
19.31
22.62
32
13.31
Return on assets%
22.36
22.64
24.81
25.73
24.98
24.32
26.24
28.76
27.76
26.67
5.21
26.67
25.35
24
0.02
EPS€
0.15
0.17
0.17
0.18
0.21
0.23
0.24
0.25
0.24
0.28
0.02
6.66%
7.71%
—
8.89
EPS growth%
15.93
13.96
12.88
11.21
11.03
10.73
12.04
9.30
6.67
8.99
14.51
9.30
11.12
41
0.02
Bookvalue per sh€
0.14
0.16
0.19
0.19
0.21
0.20
0.21
0.25
0.23
0.24
0.07
2.68%
5.22%
—
0.11
FCF per share€
0.08
0.07
0.07
0.07
0.07
0.07
0.07
0.07
0.07
0.08
0.07
1.70%
1.97%
—
0.08
Dividend per sh€
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.08
(0.56%)
(0.47%)
—
26.02
Div yield (avg)%
10.31
12.25
13.11
11.55
11.20
11.79
11.42
11.35
11.87
14.03
26.50
11.79
11.67
88
5.84
Payout ratio%
4.04
5.81
4.02
2.54
3.25
2.41
3.81
3.52
1.68
0.46
7.34
2.41
3.39
76
57.36
Shares (diluted)M
104.7
110.2
122.9
132.6
146.4
165.0
193.0
197.3
198.7
231.3
58.19
9.58%
9.98%
78
18.02
Buyback yield%
10.25
10.82
10.37
10.31
13.04
11.07
13.95
15.65
14.32
16.33
27.77
14.32
12.06
93
1.470
D/E ratiox
1.858
1.897
1.732
1.933
1.975
2.187
2.112
2.273
2.271
2.191
1.784
2.191
2.044
41
3.909
Enterprise value€M
1.815
1.973
2.130
2.173
1.999
2.036
1.994
2.043
1.906
1.747
4.173
(2.65%)
(0.82%)
13
4.632
LT debt€M
3.096
2.763
2.758
2.878
2.786
2.457
2.648
2.774
2.859
2.901
4.367
0.81%
(1.87%)
74
Revenue
€3.821M
5.41%
1.00×
Cost of revenue
€2.675M
5.73%
1.03×
Operating expenses
€0.763M
5.27%
0.99×
Goodwill & intangibles
16.87%
Spread over hurdle
12.11%