0.386
Revenue€M
4.056
4.483
4.816
5.272
5.683
6.209
6.747
7.292
7.886
8.555
0.420
8.52%
8.40%
21
27.01
Revenue growth%
9.73
7.14
7.77
9.75
11.05
13.26
14.09
16.44
16.53
17.88
14.03
16.44
12.16
88
14.92
Gross margin%
18.74
16.04
14.89
16.25
16.15
15.34
17.00
18.06
19.10
20.86
16.51
18.06
16.62
48
13.72
Operating margin%
8.64
7.54
6.19
6.10
6.59
7.30
6.36
6.88
9.83
10.48
18.30
7.30
7.09
92
16.16
Net margin%
12.92
11.32
13.88
12.02
14.07
11.30
11.14
11.34
9.77
10.79
9.01
11.14
11.33
52
11.71
P/E ratio (avg)x
30.12
28.74
27.08
27.27
27.16
29.80
29.62
31.82
30.78
31.03
10.73
30.78
29.71
86
30.67
EV/EBITx
25.71
28.53
29.12
29.96
31.94
31.68
28.88
30.01
30.25
32.86
32.31
30.25
29.99
71
4.82
FCF yield (avg)%
13.49
12.19
14.30
12.01
11.46
12.06
14.47
15.23
15.08
16.58
3.70
15.08
13.90
61
16.63
FCF margin%
18.62
20.77
18.22
19.98
20.36
21.37
23.50
24.78
25.53
26.68
14.30
24.78
21.07
88
1.516
FCF / Net incomex
0.409
0.412
0.395
0.416
0.433
0.402
0.412
0.360
0.390
0.364
1.018
0.390
0.406
21
7.50
ROIC%
19.95
19.96
20.36
21.19
20.55
21.64
20.49
21.68
19.20
21.87
28.48
21.64
20.52
37
25.78
Return on equity%
8.23
10.14
7.67
5.97
8.07
5.81
6.39
4.48
7.16
8.24
16.06
6.39
7.42
49
8.65
Return on assets%
20.27
20.74
23.36
26.04
28.86
31.58
34.53
33.34
34.73
33.54
10.29
33.54
30.22
41
0.10
EPS€
0.16
0.17
0.19
0.20
0.19
0.19
0.20
0.19
0.22
0.23
0.11
4.61%
4.95%
—
23.96
EPS growth%
3.44
0.65
1.55
0.40
0.40
0.40
0.40
0.40
0.40
1.37
4.30
0.40
0.40
57
0.14
Bookvalue per sh€
0.15
0.15
0.18
0.21
0.21
0.23
0.24
0.22
0.21
0.22
0.09
1.71%
4.93%
—
0.04
FCF per share€
0.14
0.13
0.13
0.14
0.12
0.12
0.12
0.12
0.12
0.10
0.05
(4.19%)
(3.39%)
—
0.03
Dividend per sh€
0.10
0.11
0.12
0.12
0.14
0.15
0.16
0.15
0.15
0.18
0.10
5.60%
6.51%
—
16.54
Div yield (avg)%
18.46
20.50
19.13
19.08
18.81
20.50
22.60
24.17
24.31
23.96
29.31
23.96
20.50
93
23.51
Payout ratio%
21.90
23.95
26.71
29.33
30.82
33.76
34.13
31.89
34.53
36.50
29.01
34.13
31.36
52
16.04
Shares (diluted)M
12.28
11.39
11.15
11.67
10.23
9.850
9.135
8.030
8.568
8.361
15.51
(3.95%)
(4.70%)
29
5.25
Buyback yield%
27.04
25.51
23.12
23.01
20.94
18.87
18.80
17.95
20.03
21.48
23.44
18.87
21.21
9
1.649
D/E ratiox
2.632
2.721
3.048
3.146
3.599
4.223
4.581
5.009
5.577
6.486
0.696
5.009
3.911
87
6.034
Enterprise value€M
4.485
4.366
4.246
4.227
4.321
4.398
3.913
3.775
4.177
4.698
0.693
1.69%
0.20%
74
1.225
LT debt€M
3.193
3.140
2.992
3.023
3.212
3.092
2.826
3.118
3.075
2.966
4.774
(1.58%)
(1.59%)
11
Revenue
€8.555M
8.40%
1.00×
Cost of revenue
€4.785M
8.65%
1.02×
Operating expenses
€1.016M
8.31%
0.99×
Spread over hurdle
15.46%