2.358
Revenue€M
12.87
13.93
14.96
15.71
16.58
17.95
19.21
20.45
21.59
23.59
2.579
7.31%
6.80%
62
7.55
Revenue growth%
18.79
16.15
17.72
19.61
21.82
22.08
23.63
25.31
26.37
28.91
6.85
25.31
21.95
16
15.55
Gross margin%
13.59
13.27
10.73
10.96
9.98
11.87
14.00
11.85
14.02
13.19
27.21
13.19
12.53
57
3.87
Operating margin%
27.49
29.29
29.70
30.28
29.69
28.82
29.01
26.68
27.98
27.64
8.18
27.98
28.92
57
11.63
Net margin%
15.33
12.77
11.46
14.17
14.07
14.77
14.13
15.84
16.03
17.47
7.68
15.84
14.47
94
30.31
P/E ratio (avg)x
32.33
29.34
30.79
27.22
26.76
26.81
26.13
28.06
29.76
27.96
13.78
27.96
28.01
66
13.97
EV/EBITx
15.75
14.30
15.61
16.69
14.95
13.86
12.91
13.81
14.93
14.74
37.77
13.86
14.84
23
3.68
FCF yield (avg)%
19.27
21.19
20.10
20.35
19.90
17.35
14.41
15.27
16.48
19.41
5.90
16.48
19.34
84
13.76
FCF margin%
21.75
23.43
20.72
19.52
20.82
20.37
19.02
18.82
16.95
17.03
26.41
18.82
19.95
11
1.704
FCF / Net incomex
0.405
0.390
0.384
0.378
0.448
0.452
0.496
0.567
0.596
0.679
0.959
0.567
0.450
52
2.76
ROIC%
25.27
26.00
27.73
30.29
32.19
31.72
31.44
31.88
33.22
30.91
7.10
31.72
31.17
57
19.25
Return on equity%
10.54
11.94
10.47
11.62
9.49
10.71
8.30
7.93
10.51
9.05
29.22
9.05
10.49
91
21.01
Return on assets%
19.79
19.34
22.07
24.78
27.35
28.13
30.31
29.91
32.52
30.63
6.11
30.31
27.74
14
0.06
EPS€
0.05
0.06
0.06
0.06
0.06
0.06
0.06
0.07
0.07
0.08
0.06
4.48%
3.86%
—
12.28
EPS growth%
22.22
24.56
27.15
28.44
30.03
31.86
33.30
34.04
34.53
31.64
8.00
33.30
30.83
53
0.04
Bookvalue per sh€
0.13
0.13
0.14
0.15
0.15
0.15
0.16
0.19
0.22
0.24
0.01
10.53%
7.88%
—
0.06
FCF per share€
0.03
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.03
(4.80%)
(2.83%)
—
0.03
Dividend per sh€
0.10
0.12
0.13
0.15
0.16
0.17
0.19
0.19
0.21
0.22
0.06
6.01%
8.96%
—
11.68
Div yield (avg)%
24.83
23.96
21.23
21.81
20.34
20.35
21.86
22.11
22.96
21.67
23.34
21.86
21.83
61
26.46
Payout ratio%
23.13
25.33
22.97
23.64
22.24
21.02
18.22
19.95
20.49
20.28
15.17
20.28
21.63
87
131.3
Shares (diluted)M
117.0
123.7
120.6
131.1
118.3
108.4
120.1
131.5
123.4
124.9
138.1
1.10%
1.47%
62
26.59
Buyback yield%
26.00
24.57
25.50
22.67
23.79
22.18
22.27
25.00
24.78
23.03
26.20
23.03
24.18
45
0.941
D/E ratiox
1.446
1.635
1.795
2.038
1.977
1.909
2.252
2.515
2.954
3.262
0.660
2.515
2.008
14
2.655
Enterprise value€M
18.73
21.72
23.37
27.11
25.93
28.63
32.28
30.20
28.53
26.33
8.421
0.31%
3.74%
62
5.113
LT debt€M
13.30
13.42
14.44
15.39
14.59
16.36
17.85
20.22
22.01
22.31
11.42
8.86%
6.58%
74
Revenue
€23.59M
6.80%
1.00×
Cost of revenue
€14.51M
6.89%
1.01×
Operating expenses
€5.587M
6.08%
0.93×
Property and equipment
18.59%
Goodwill & intangibles
17.95%
Spread over hurdle
10.03%