1.701
Revenue€M
2.317
2.570
2.774
3.000
3.252
3.592
3.959
4.378
4.830
5.214
1.857
9.90%
9.47%
27
5.01
Revenue growth%
15.77
13.34
12.16
13.51
10.63
9.04
9.94
9.93
9.43
8.09
25.80
9.43
10.29
23
20.49
Gross margin%
3.77
4.93
7.25
7.97
7.49
5.89
5.02
4.61
3.25
2.95
13.89
4.61
4.98
26
21.19
Operating margin%
11.39
8.68
11.19
9.87
11.25
8.52
10.14
12.18
12.91
12.42
7.11
12.18
11.22
25
23.36
Net margin%
6.77
4.80
2.54
0.40
1.79
0.60
1.75
2.31
0.40
1.22
19.84
1.22
1.77
55
27.13
P/E ratio (avg)x
17.25
15.57
16.29
15.82
16.40
16.92
17.73
19.52
19.48
20.43
19.08
19.48
17.08
27
33.22
EV/EBITx
14.23
15.77
18.32
19.86
18.42
19.31
18.19
20.03
20.16
20.15
9.573
20.03
18.86
40
21.84
FCF yield (avg)%
10.67
10.09
10.18
9.29
9.29
6.43
8.04
7.20
4.89
6.80
3.18
6.80
8.67
39
23.05
FCF margin%
16.10
15.27
14.93
14.17
13.24
14.46
13.37
13.39
13.23
13.85
17.74
13.39
14.01
64
0.265
FCF / Net incomex
0.795
0.815
0.888
0.910
0.937
0.915
0.824
0.784
0.817
0.817
1.161
0.817
0.821
63
8.08
ROIC%
9.85
9.86
7.51
9.99
9.81
8.46
9.37
11.02
13.73
15.76
29.29
11.02
9.85
20
17.13
Return on equity%
9.34
11.41
9.79
11.87
9.87
12.27
9.72
7.93
10.07
12.65
23.50
10.07
9.97
57
5.32
Return on assets%
9.09
7.45
7.27
8.03
9.35
12.05
12.51
10.70
8.92
7.33
22.74
10.70
9.01
7
0.01
EPS€
0.02
0.02
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.04
0.01
5.63%
4.19%
—
25.25
EPS growth%
9.54
9.03
6.65
4.33
4.17
3.95
2.17
4.79
6.46
8.60
13.93
4.79
5.63
58
0.04
Bookvalue per sh€
0.02
0.02
0.02
0.02
0.03
0.03
0.03
0.03
0.03
0.03
0.01
0.15%
2.17%
—
0.01
FCF per share€
0.04
0.04
0.05
0.05
0.05
0.05
0.05
0.06
0.06
0.06
0.01
2.68%
4.53%
—
0.04
Dividend per sh€
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.05
0.04
0.03
1.38%
3.37%
—
23.69
Div yield (avg)%
4.94
2.89
0.59
1.64
0.40
1.70
3.53
2.93
3.46
0.65
20.21
2.93
2.30
32
4.18
Payout ratio%
10.71
11.98
10.29
11.83
11.27
9.23
10.04
11.48
9.61
8.36
18.65
9.61
10.50
85
131.4
Shares (diluted)M
123.4
130.7
125.2
126.9
128.3
127.0
123.7
113.9
100.4
102.3
127.7
(4.42%)
(1.21%)
69
7.18
Buyback yield%
17.21
18.13
16.91
17.16
17.06
18.95
21.23
18.55
17.33
19.49
28.92
18.95
17.73
93
0.417
D/E ratiox
0.445
0.414
0.463
0.456
0.486
0.546
0.506
0.523
0.536
0.515
0.178
0.523
0.496
41
3.136
Enterprise value€M
7.654
8.092
8.306
9.128
10.35
11.18
11.74
13.73
12.91
14.76
0.381
7.35%
6.86%
36
4.350
LT debt€M
1.817
1.896
1.910
2.043
2.278
2.669
2.674
2.844
3.276
3.492
1.466
8.92%
7.11%
7
Revenue
€5.214M
9.47%
1.00×
Cost of revenue
€3.180M
9.61%
1.01×
Operating expenses
€0.560M
10.01%
1.05×
Spread over hurdle
(2.04%)