0.462
Revenue€M
2.065
2.182
2.323
2.452
2.585
2.757
2.978
3.107
3.271
3.539
0.510
6.48%
6.26%
76
15.88
Revenue growth%
8.84
9.43
11.27
9.94
12.52
13.74
16.56
17.34
18.30
19.94
5.07
17.34
13.13
82
16.99
Gross margin%
0.47
3.47
3.32
3.59
3.39
5.91
6.22
6.72
8.59
9.74
5.48
6.72
4.75
75
9.22
Operating margin%
7.94
6.34
3.39
5.11
5.80
3.08
5.21
2.46
2.61
4.74
15.08
3.08
4.93
11
4.81
Net margin%
23.88
22.25
19.98
22.21
21.82
20.56
20.03
22.19
24.35
23.10
3.56
22.19
22.20
84
8.623
P/E ratio (avg)x
15.41
16.25
17.75
16.59
15.07
15.03
14.30
12.81
13.81
14.76
32.82
14.30
15.05
13
32.44
EV/EBITx
21.21
19.59
21.32
20.97
18.80
20.59
18.68
16.99
18.10
17.56
16.91
18.10
19.20
70
14.90
FCF yield (avg)%
29.56
29.98
29.73
32.64
30.63
29.32
30.36
31.82
29.37
27.29
13.44
29.37
29.85
72
21.48
FCF margin%
15.07
13.77
11.14
10.10
9.15
10.87
13.87
14.29
15.36
17.49
26.62
14.29
13.82
50
0.142
FCF / Net incomex
0.419
0.451
0.447
0.442
0.460
0.466
0.448
0.520
0.600
0.657
1.491
0.520
0.455
91
6.21
ROIC%
19.54
18.22
19.63
16.86
18.57
19.94
17.32
14.86
14.93
17.68
10.26
17.32
17.95
32
18.23
Return on equity%
17.05
19.65
20.79
21.87
19.48
19.30
19.80
18.65
16.95
19.93
28.19
19.30
19.56
25
19.91
Return on assets%
17.54
17.91
17.05
17.56
19.23
19.56
20.81
23.15
25.98
26.61
7.40
23.15
19.40
86
0.03
EPS€
0.08
0.09
0.10
0.11
0.10
0.10
0.10
0.09
0.10
0.10
0.03
0.48%
1.98%
—
23.90
EPS growth%
27.82
26.66
24.77
23.60
26.23
24.41
26.99
24.76
22.84
22.25
27.38
24.41
24.77
59
0.11
Bookvalue per sh€
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.03
0.96%
0.60%
—
0.09
FCF per share€
0.09
0.10
0.10
0.09
0.09
0.10
0.09
0.09
0.09
0.10
0.09
3.28%
1.21%
—
0.02
Dividend per sh€
0.08
0.08
0.07
0.06
0.07
0.06
0.06
0.06
0.07
0.07
0.02
(0.01%)
(3.48%)
—
17.80
Div yield (avg)%
10.37
8.15
7.35
4.81
6.55
8.17
7.35
9.10
8.65
9.09
8.89
8.65
8.16
60
28.83
Payout ratio%
18.44
19.31
19.21
20.35
19.34
16.78
14.79
14.15
13.60
13.40
20.70
14.15
17.61
29
6.524
Shares (diluted)M
11.44
11.22
12.90
15.27
17.16
17.42
20.95
22.09
22.45
26.13
6.496
8.78%
9.87%
35
2.09
Buyback yield%
8.02
7.75
8.56
7.77
4.93
2.50
0.91
1.52
0.40
3.20
2.53
1.52
4.07
49
1.193
D/E ratiox
1.215
1.357
1.414
1.626
1.515
1.625
1.741
2.031
1.936
1.918
0.203
1.918
1.625
5
2.329
Enterprise value€M
2.489
2.946
2.932
3.042
3.127
3.184
3.500
3.838
4.634
5.433
0.482
11.68%
9.26%
8
0.928
LT debt€M
0.484
0.468
0.491
0.480
0.475
0.532
0.589
0.570
0.648
0.727
1.651
8.88%
3.50%
45
Revenue
€3.539M
6.26%
1.00×
Cost of revenue
€2.477M
6.26%
1.00×
Operating expenses
€0.537M
5.39%
0.92×
Goodwill & intangibles
19.70%
Spread over hurdle
(0.66%)