2.062
Revenue€M
12.28
12.39
12.95
13.67
13.95
14.09
14.87
15.45
16.00
16.22
2.129
3.07%
3.14%
18
25.60
Revenue growth%
13.77
12.37
12.33
13.99
12.30
12.42
12.48
14.59
13.38
12.46
20.04
12.48
12.47
58
18.31
Gross margin%
14.45
13.44
12.65
13.65
15.27
15.58
15.93
16.46
14.28
16.04
29.41
15.93
14.86
45
26.73
Operating margin%
21.54
23.66
24.71
27.66
27.00
26.02
27.46
28.46
26.54
25.44
15.28
26.54
26.28
81
20.99
Net margin%
4.48
2.43
0.40
0.40
1.07
2.03
1.25
0.60
1.48
0.81
12.96
1.25
1.16
30
25.48
P/E ratio (avg)x
29.52
29.52
31.85
36.75
42.80
44.87
43.77
49.52
52.61
56.31
36.07
49.52
43.29
89
10.17
EV/EBITx
28.19
30.97
29.51
26.30
24.38
25.68
27.79
30.92
33.48
33.02
25.61
30.92
28.85
72
12.39
FCF yield (avg)%
21.83
21.78
21.07
23.01
24.48
25.26
25.49
25.58
28.54
30.92
20.91
25.58
24.87
59
3.60
FCF margin%
23.04
23.70
26.41
27.19
25.39
25.66
27.15
27.45
30.03
29.47
16.94
27.45
26.78
33
1.355
FCF / Net incomex
2.403
2.492
2.362
2.478
2.381
2.319
2.701
2.569
2.415
2.727
1.104
2.569
2.446
10
3.52
ROIC%
24.11
23.63
26.45
27.01
28.14
29.65
32.45
32.24
32.71
30.62
23.76
32.24
28.89
34
17.16
Return on equity%
22.06
21.79
21.78
24.20
22.76
21.12
18.84
21.75
18.89
20.96
26.77
20.96
21.76
12
4.51
Return on assets%
29.11
31.99
31.91
29.92
27.78
29.44
27.91
25.94
26.74
29.70
16.05
27.91
29.28
70
0.15
EPS€
0.05
0.05
0.06
0.06
0.07
0.08
0.09
0.10
0.12
0.12
0.15
11.84%
10.31%
—
6.04
EPS growth%
12.58
14.13
11.77
9.80
12.59
14.64
13.82
15.69
18.01
18.47
13.44
15.69
13.98
5
0.15
Bookvalue per sh€
0.18
0.20
0.19
0.20
0.21
0.23
0.22
0.20
0.20
0.19
0.14
(2.09%)
1.88%
—
0.08
FCF per share€
0.08
0.08
0.08
0.09
0.08
0.09
0.10
0.10
0.09
0.09
0.15
2.14%
2.40%
—
0.09
Dividend per sh€
0.04
0.04
0.04
0.04
0.05
0.05
0.05
0.06
0.06
0.06
0.12
6.03%
6.65%
—
16.57
Div yield (avg)%
16.87
18.80
21.47
20.61
19.69
22.31
25.05
23.17
21.14
19.01
3.18
22.31
20.87
78
25.25
Payout ratio%
13.27
13.19
13.20
16.19
17.42
17.19
20.02
17.27
19.28
17.21
27.77
17.27
17.20
85
49.52
Shares (diluted)M
70.53
76.49
87.42
94.36
107.7
119.2
125.8
148.8
164.8
163.0
49.41
8.64%
10.23%
76
24.03
Buyback yield%
8.58
6.97
4.79
7.45
7.46
6.47
8.69
8.83
11.62
10.02
10.27
8.83
8.02
42
0.983
D/E ratiox
0.233
0.243
0.270
0.278
0.301
0.275
0.259
0.282
0.264
0.270
1.233
0.270
0.270
37
2.511
Enterprise value€M
8.249
8.391
8.073
8.652
9.557
9.689
10.71
10.37
11.04
13.02
14.89
6.37%
6.12%
87
7.746
LT debt€M
16.56
18.02
17.23
18.68
19.38
21.36
20.94
22.93
21.81
24.25
5.565
4.59%
4.05%
89
Revenue
€16.22M
3.14%
1.00×
Cost of revenue
€11.25M
3.06%
0.99×
Operating expenses
€1.700M
2.59%
0.95×
Goodwill & intangibles
18.44%
Spread over hurdle
(1.50%)