2.375
Revenue€M
1.911
2.048
2.118
2.219
2.365
2.503
2.642
2.724
2.919
3.020
2.632
5.02%
5.29%
85
15.47
Revenue growth%
22.83
23.20
23.43
25.44
27.11
24.52
25.21
25.19
22.53
25.16
28.54
25.16
24.84
76
16.08
Gross margin%
27.93
25.42
25.76
26.21
23.34
25.64
22.78
25.05
27.27
26.42
24.45
25.64
25.70
16
17.68
Operating margin%
10.38
11.51
12.37
11.93
12.43
12.89
11.38
14.06
11.49
9.47
24.08
11.49
11.72
11
17.82
Net margin%
6.21
8.82
11.73
9.12
6.46
8.18
5.35
4.12
4.76
7.44
3.60
5.35
6.95
73
23.37
P/E ratio (avg)x
24.57
29.80
35.14
35.40
34.64
36.59
42.96
42.26
48.98
54.48
25.00
42.96
35.99
53
27.28
EV/EBITx
50.66
55.70
59.01
64.67
68.89
75.41
85.52
90.63
101.8
98.08
29.95
90.63
72.15
26
25.45
FCF yield (avg)%
19.34
17.42
18.87
17.88
19.13
19.90
21.62
21.89
23.40
25.42
22.81
21.89
19.62
89
6.57
FCF margin%
16.12
16.50
17.95
19.37
18.73
20.65
22.95
22.05
25.01
27.62
23.28
22.95
20.01
46
1.287
FCF / Net incomex
1.402
1.289
1.429
1.458
1.500
1.662
1.506
1.460
1.613
1.572
1.768
1.572
1.480
47
9.71
ROIC%
21.89
21.39
23.18
23.58
22.20
20.92
18.87
18.44
19.52
22.06
5.72
19.52
21.64
34
6.49
Return on equity%
18.40
18.05
16.11
17.24
14.24
14.17
13.37
11.42
12.04
12.29
6.71
12.29
14.21
40
2.75
Return on assets%
20.49
22.29
23.91
23.31
22.65
24.83
24.20
25.77
25.72
24.59
8.94
24.83
24.06
86
0.04
EPS€
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.04
(3.01%)
(1.65%)
—
18.60
EPS growth%
0.40
0.81
3.70
0.92
0.40
2.25
0.40
2.65
0.40
2.27
9.73
2.25
0.87
21
0.10
Bookvalue per sh€
0.07
0.07
0.08
0.09
0.09
0.10
0.11
0.10
0.11
0.12
0.04
4.89%
5.64%
—
0.07
FCF per share€
0.11
0.12
0.14
0.16
0.19
0.19
0.22
0.26
0.30
0.33
0.07
11.93%
13.33%
—
0.02
Dividend per sh€
0.09
0.10
0.10
0.09
0.10
0.10
0.10
0.10
0.11
0.12
0.03
3.89%
3.09%
—
24.12
Div yield (avg)%
19.22
16.47
18.89
20.32
23.06
20.87
23.79
26.06
28.10
30.47
8.10
26.06
21.96
82
4.39
Payout ratio%
33.65
34.90
34.42
34.81
34.29
35.19
33.50
34.22
34.80
32.85
16.55
34.22
34.36
32
13.68
Shares (diluted)M
13.15
11.70
9.999
10.27
10.47
9.543
8.171
7.993
7.283
6.644
13.64
(8.70%)
(6.78%)
41
28.80
Buyback yield%
6.96
6.30
5.25
5.42
6.93
7.96
9.07
10.21
7.61
6.90
27.05
7.96
6.94
28
1.510
D/E ratiox
2.493
2.551
2.928
2.977
2.939
3.062
3.326
3.803
4.369
4.962
1.659
3.803
3.020
70
1.687
Enterprise value€M
1.772
1.912
2.068
2.286
2.185
2.024
2.195
2.291
2.115
2.297
0.250
1.01%
2.85%
28
2.438
LT debt€M
1.813
1.970
2.136
2.177
2.295
2.301
2.137
1.918
2.009
2.232
2.469
(0.55%)
2.13%
18
Revenue
€3.020M
5.29%
1.00×
Cost of revenue
€2.084M
5.23%
0.99×
Operating expenses
€0.541M
5.52%
1.02×
Property and equipment
17.60%
Cash and investments
17.55%
Spread over hurdle
(3.28%)