0.674
Revenue€M
3.418
3.512
3.618
3.662
3.804
3.892
3.921
4.014
4.159
4.214
0.750
2.07%
2.18%
27
7.60
Revenue growth%
7.00
5.33
5.02
4.95
7.28
5.90
4.22
3.09
1.40
4.30
24.46
4.22
4.98
52
6.12
Gross margin%
24.10
25.67
26.46
24.66
21.78
20.68
19.48
17.32
14.69
16.64
28.64
17.32
21.23
36
12.62
Operating margin%
23.01
21.87
18.90
19.34
16.72
19.35
19.49
17.25
18.93
19.92
10.69
19.35
19.34
27
23.27
Net margin%
5.76
2.80
2.65
5.45
7.08
8.39
11.09
11.86
10.85
10.61
14.23
10.85
7.73
18
24.06
P/E ratio (avg)x
16.64
17.22
16.92
18.29
17.82
18.91
19.07
19.83
19.08
19.36
23.87
19.08
18.60
61
33.76
EV/EBITx
48.43
46.57
48.88
53.41
54.34
57.82
64.52
68.30
76.63
91.40
6.027
68.30
56.08
81
29.68
FCF yield (avg)%
13.28
12.27
10.50
11.19
10.48
7.57
6.63
4.20
4.53
6.84
21.75
6.63
9.02
61
2.94
FCF margin%
6.46
6.98
7.82
5.15
3.62
4.49
1.70
0.64
0.40
1.59
28.31
1.59
4.06
15
0.641
FCF / Net incomex
0.991
1.109
1.233
1.152
1.084
1.038
1.152
1.075
1.134
1.239
1.355
1.134
1.122
80
15.68
ROIC%
0.40
0.40
0.40
0.40
2.94
0.40
0.40
1.42
0.40
0.40
24.69
0.40
0.40
87
14.63
Return on equity%
2.74
1.37
3.94
4.51
5.70
8.28
8.22
6.64
5.83
7.17
11.64
7.17
5.76
24
26.11
Return on assets%
31.89
33.97
31.81
31.86
34.13
35.65
33.99
31.60
34.07
34.81
28.43
34.07
33.98
59
0.64
EPS€
0.38
0.41
0.38
0.41
0.39
0.43
0.45
0.45
0.42
0.40
0.68
0.42%
0.23%
—
29.12
EPS growth%
17.21
15.79
18.57
21.33
21.50
21.64
20.60
23.38
23.28
21.05
27.86
21.64
21.19
49
0.41
Bookvalue per sh€
0.25
0.26
0.23
0.25
0.27
0.27
0.26
0.26
0.24
0.23
0.64
(2.59%)
(1.62%)
—
0.70
FCF per share€
0.50
0.57
0.61
0.65
0.70
0.82
0.92
1.11
1.08
1.14
0.67
10.31%
9.49%
—
0.40
Dividend per sh€
0.39
0.36
0.39
0.41
0.42
0.44
0.43
0.41
0.44
0.47
0.65
2.35%
2.47%
—
21.81
Div yield (avg)%
24.57
27.24
25.84
24.36
22.86
21.25
20.26
19.98
21.13
21.18
22.35
21.13
22.05
88
17.89
Payout ratio%
26.13
25.08
25.49
26.39
28.75
26.41
26.71
25.10
26.56
28.85
4.58
26.56
26.40
10
2.900
Shares (diluted)M
3.447
3.208
3.183
3.117
3.012
3.117
3.372
3.733
3.596
3.797
2.992
4.74%
1.78%
50
7.78
Buyback yield%
27.36
26.89
26.96
25.46
27.56
26.14
25.37
23.71
22.11
19.62
22.49
23.71
25.80
13
1.617
D/E ratiox
1.953
2.287
2.491
2.575
2.716
2.734
2.901
3.148
3.493
3.615
1.261
3.148
2.725
37
0.508
Enterprise value€M
3.503
3.619
3.836
4.146
4.603
5.014
4.823
4.669
4.974
5.923
2.677
5.17%
6.79%
32
3.012
LT debt€M
2.773
2.595
2.449
2.626
2.647
2.668
2.916
2.924
2.662
2.814
1.380
1.23%
(0.42%)
79
Revenue
€4.214M
2.18%
1.00×
Cost of revenue
€2.918M
2.24%
1.01×
Operating expenses
€0.925M
2.01%
0.98×
Cash and investments
15.11%
Spread over hurdle
(2.50%)