15.72
Revenue€M
148.0
151.7
161.6
172.2
179.9
185.8
191.0
197.5
205.5
213.7
17.07
3.51%
4.08%
91
7.60
Revenue growth%
14.20
15.17
15.67
12.89
15.78
17.20
18.69
17.71
15.52
15.85
22.81
17.20
15.73
90
9.83
Gross margin%
22.10
24.30
22.82
22.04
19.61
18.63
16.77
13.87
12.95
11.53
23.73
13.87
19.12
79
3.27
Operating margin%
26.17
26.29
24.93
22.21
24.11
23.20
25.22
22.44
25.29
27.80
28.74
25.22
25.07
39
12.11
Net margin%
24.60
25.96
26.05
23.84
23.93
26.87
29.45
29.90
28.69
27.65
22.84
28.69
26.46
86
10.58
P/E ratio (avg)x
42.56
46.23
48.77
52.81
57.26
63.07
62.76
75.02
90.65
96.46
33.46
75.02
60.01
73
18.87
EV/EBITx
43.33
42.75
51.73
62.35
62.15
61.92
66.49
69.79
68.57
67.89
16.47
67.89
62.25
41
4.84
FCF yield (avg)%
31.17
31.42
28.77
30.91
32.60
33.33
31.27
33.54
35.94
38.90
15.09
33.54
32.01
25
21.10
FCF margin%
28.75
29.14
28.70
26.18
27.61
28.36
29.81
31.33
28.90
26.61
24.54
28.90
28.72
90
0.981
FCF / Net incomex
1.341
1.235
1.145
1.190
1.217
1.377
1.399
1.315
1.281
1.449
1.071
1.377
1.298
73
3.77
ROIC%
26.36
25.31
25.48
24.17
21.90
20.70
17.92
15.21
15.88
17.76
9.39
17.76
21.30
81
2.29
Return on equity%
3.97
3.60
5.77
8.51
7.02
7.23
7.08
9.57
11.26
10.35
25.60
9.57
7.16
84
16.25
Return on assets%
27.54
25.29
28.22
26.31
25.98
28.34
26.17
26.95
29.79
31.85
14.53
28.34
27.24
27
0.67
EPS€
0.81
0.93
1.00
1.07
1.20
1.29
1.37
1.56
1.71
1.91
0.72
9.64%
8.64%
—
10.64
EPS growth%
24.32
21.41
22.51
22.31
24.59
26.82
26.85
24.54
23.88
23.36
8.04
24.54
24.10
71
0.35
Bookvalue per sh€
0.60
0.63
0.66
0.60
0.65
0.67
0.60
0.60
0.51
0.54
0.61
(3.63%)
(0.20%)
—
0.64
FCF per share€
0.26
0.25
0.24
0.24
0.25
0.24
0.27
0.30
0.30
0.34
0.74
6.98%
2.18%
—
0.17
Dividend per sh€
1.13
1.11
1.20
1.40
1.36
1.60
1.76
1.76
2.07
2.43
0.53
12.23%
8.77%
—
19.54
Div yield (avg)%
19.97
20.31
18.00
19.50
19.21
16.69
15.65
18.17
18.03
17.61
16.42
17.61
18.10
60
27.44
Payout ratio%
15.00
12.71
12.55
10.76
10.43
8.00
9.44
6.54
5.57
4.65
5.63
6.54
9.93
59
183.6
Shares (diluted)M
162.0
176.6
196.9
211.9
217.4
216.4
201.9
213.9
220.4
249.7
178.8
2.81%
4.79%
37
20.46
Buyback yield%
13.65
13.43
14.22
12.91
14.33
14.08
15.82
15.05
14.33
15.27
25.66
15.05
14.27
16
1.493
D/E ratiox
2.565
2.599
3.101
3.020
3.604
3.951
4.627
5.314
6.082
6.628
1.694
5.314
3.777
38
199.5
Enterprise value€M
253.9
286.5
258.0
255.6
285.6
318.5
336.9
374.7
422.1
391.6
170.4
6.52%
5.45%
49
136.9
LT debt€M
323.7
323.2
323.2
364.1
357.7
363.9
387.3
432.2
490.3
591.4
152.9
10.58%
7.28%
88
Revenue
€213.7M
4.08%
1.00×
Cost of revenue
€128.9M
4.42%
1.03×
Operating expenses
€23.95M
3.17%
0.92×
Spread over hurdle
42.80%