1.531
Revenue€M
4.433
4.447
4.590
4.660
4.763
4.778
4.946
5.038
5.214
5.339
1.606
2.31%
2.31%
36
18.80
Revenue growth%
32.95
33.94
32.21
34.98
35.47
33.97
34.14
35.39
37.81
35.83
2.35
35.39
34.56
34
11.07
Gross margin%
15.57
13.51
12.11
12.44
14.49
13.00
14.78
14.31
14.01
15.27
29.58
14.31
14.16
78
24.64
Operating margin%
26.87
26.83
24.63
25.84
25.47
26.81
24.11
24.50
21.80
21.66
23.93
24.11
25.05
12
18.16
Net margin%
6.02
3.19
3.19
4.83
3.28
4.48
5.63
8.22
5.29
4.28
22.96
5.29
4.66
28
11.00
P/E ratio (avg)x
16.03
14.53
15.18
16.26
16.46
16.19
17.04
18.46
16.08
15.81
31.59
16.19
16.14
24
27.74
EV/EBITx
33.28
29.88
29.91
31.50
28.62
28.27
25.30
25.71
25.25
24.11
19.27
25.30
28.45
68
24.55
FCF yield (avg)%
38.84
36.54
38.59
36.25
35.21
34.53
36.13
33.52
31.31
32.78
3.03
33.52
35.67
90
22.70
FCF margin%
0.40
0.40
0.40
0.40
0.40
0.40
0.40
0.40
0.40
1.18
10.21
0.40
0.40
52
1.549
FCF / Net incomex
1.005
1.093
1.066
1.156
1.355
1.535
1.784
1.775
1.855
2.147
1.289
1.784
1.445
13
4.40
ROIC%
9.71
10.86
10.23
12.39
12.34
14.67
17.58
19.38
17.43
20.37
11.26
17.58
13.53
65
21.24
Return on equity%
11.82
12.47
14.68
13.15
14.10
16.25
18.53
20.97
18.64
21.51
18.35
18.64
15.46
42
11.65
Return on assets%
2.68
0.41
1.37
0.40
0.40
0.40
2.46
1.49
0.40
1.05
15.74
1.05
0.73
33
3.70
EPS€
6.53
7.08
8.41
9.95
11.59
13.51
13.96
16.04
19.37
22.71
3.87
14.39%
15.32%
—
9.51
EPS growth%
24.60
23.43
23.82
21.39
21.51
18.53
16.48
19.16
16.48
15.17
24.18
16.48
20.27
61
4.20
Bookvalue per sh€
6.32
6.59
7.86
8.54
8.75
10.24
10.74
11.46
13.41
15.24
3.46
11.74%
9.80%
—
2.78
FCF per share€
8.81
9.09
9.53
11.15
11.08
10.64
11.67
13.60
13.67
13.09
2.02
3.39%
4.23%
—
4.00
Dividend per sh€
2.73
2.95
3.10
3.30
3.45
3.87
4.40
4.49
4.72
5.00
4.71
7.68%
6.87%
—
19.31
Div yield (avg)%
9.72
6.89
5.26
2.45
0.40
0.40
1.86
3.23
5.33
3.53
23.11
3.23
3.38
76
26.94
Payout ratio%
18.91
20.50
19.56
20.07
21.98
24.45
26.66
25.40
23.41
25.51
22.64
25.40
22.70
69
0.425
Shares (diluted)M
0.422
0.393
0.390
0.380
0.373
0.381
0.365
0.350
0.384
0.398
0.411
1.28%
(0.01%)
7
4.60
Buyback yield%
10.46
8.08
8.79
6.08
5.19
2.34
0.40
0.40
1.02
0.40
13.58
0.40
3.76
60
0.523
D/E ratiox
0.351
0.404
0.407
0.393
0.457
0.517
0.591
0.616
0.572
0.657
1.780
0.591
0.487
31
0.473
Enterprise value€M
1.461
1.379
1.235
1.208
1.187
1.077
0.983
1.056
1.004
0.915
2.782
(5.07%)
(6.20%)
81
3.826
LT debt€M
1.744
1.753
1.910
1.870
1.952
2.218
2.346
2.379
2.671
2.715
1.329
6.82%
4.31%
87
Revenue
€5.339M
2.31%
1.00×
Cost of revenue
€3.566M
2.29%
1.00×
Operating expenses
€1.162M
1.58%
0.93×
Cash and investments
15.54%
Spread over hurdle
(2.01%)