1.464
Revenue€M
1.409
1.439
1.462
1.505
1.524
1.590
1.664
1.746
1.816
1.856
1.614
4.01%
3.15%
24
25.21
Revenue growth%
4.03
6.91
6.89
5.08
7.02
7.35
7.50
9.79
10.01
10.25
24.10
9.79
7.18
41
5.85
Gross margin%
4.78
4.44
5.16
5.25
3.30
0.54
0.40
0.40
2.28
3.13
25.68
0.54
3.21
20
19.94
Operating margin%
28.05
28.86
30.57
29.89
32.11
31.71
34.16
35.85
34.37
33.45
5.13
34.16
31.91
59
16.31
Net margin%
21.99
21.68
22.53
22.98
24.42
23.48
22.63
24.53
25.33
25.82
3.05
24.53
23.23
62
26.21
P/E ratio (avg)x
39.55
38.28
42.29
40.39
38.71
43.75
44.87
49.27
55.26
52.50
28.61
49.27
43.02
30
22.92
EV/EBITx
21.28
21.42
21.76
22.33
24.42
25.49
22.32
21.40
21.43
21.26
21.43
21.43
21.60
54
9.93
FCF yield (avg)%
13.85
12.51
14.95
14.88
15.85
18.32
16.75
14.53
13.40
10.49
13.09
14.53
14.71
78
16.30
FCF margin%
14.71
11.95
12.63
13.35
15.03
13.87
14.90
14.77
15.05
13.06
22.30
14.77
14.29
44
1.518
FCF / Net incomex
0.383
0.420
0.370
0.338
0.371
0.341
0.333
0.301
0.309
0.317
0.591
0.317
0.340
25
22.28
ROIC%
23.40
22.12
24.40
24.19
22.11
22.93
24.64
23.37
20.57
18.89
7.79
22.93
23.15
88
15.43
Return on equity%
28.51
28.89
27.08
26.93
29.73
29.49
27.91
29.82
28.93
31.87
9.18
29.49
28.91
72
27.82
Return on assets%
6.76
4.32
7.24
7.62
9.57
7.02
4.51
5.23
5.96
3.33
29.51
5.23
6.36
35
0.11
EPS€
0.23
0.23
0.23
0.26
0.30
0.36
0.39
0.43
0.43
0.49
0.12
10.43%
7.44%
—
3.87
EPS growth%
32.31
31.83
31.72
29.26
28.32
26.64
24.73
24.41
24.28
25.58
25.90
24.73
27.48
16
0.05
Bookvalue per sh€
0.09
0.08
0.08
0.08
0.08
0.08
0.07
0.07
0.07
0.08
0.04
(0.26%)
0.04%
—
0.11
FCF per share€
0.14
0.15
0.16
0.16
0.17
0.18
0.18
0.17
0.18
0.17
0.15
0.75%
2.53%
—
0.05
Dividend per sh€
0.05
0.05
0.05
0.06
0.06
0.05
0.05
0.05
0.06
0.06
0.14
0.98%
0.70%
—
24.42
Div yield (avg)%
24.16
24.96
27.39
29.11
29.03
30.57
32.72
34.50
31.55
31.21
25.23
31.55
29.84
24
2.72
Payout ratio%
15.51
15.42
17.32
17.47
14.72
13.60
13.03
11.67
12.07
9.16
18.94
12.07
14.16
26
4.996
Shares (diluted)M
4.478
4.502
4.725
4.466
4.712
4.303
4.079
3.884
3.751
3.384
4.994
(6.41%)
(3.34%)
69
26.74
Buyback yield%
13.74
15.22
12.79
10.77
10.22
12.33
12.61
11.02
13.63
11.18
9.77
12.33
12.47
21
0.455
D/E ratiox
1.085
1.249
1.409
1.635
1.901
2.007
2.383
2.498
2.555
3.032
0.270
2.498
1.954
93
0.598
Enterprise value€M
1.835
1.810
1.881
1.792
1.941
2.102
2.358
2.453
2.507
2.873
1.225
8.15%
5.49%
60
1.904
LT debt€M
0.462
0.484
0.500
0.528
0.624
0.729
0.712
0.711
0.843
0.904
1.009
7.70%
6.65%
33
Revenue
€1.856M
3.15%
1.00×
Cost of revenue
€1.268M
2.91%
0.98×
Operating expenses
€0.369M
3.71%
1.06×
Goodwill & intangibles
20.85%
Cash and investments
19.90%
Spread over hurdle
(3.71%)