31.80
Revenue€M
436.4
456.1
482.0
523.6
550.0
583.7
612.1
664.0
704.3
744.1
33.52
6.23%
6.17%
46
23.07
Revenue growth%
17.34
16.52
17.19
19.33
21.36
19.00
17.68
15.80
13.99
12.67
6.06
15.80
17.26
59
5.85
Gross margin%
12.71
13.27
12.14
10.02
9.14
11.20
10.13
13.09
12.99
15.12
18.69
12.99
12.42
9
9.01
Operating margin%
29.60
31.71
31.63
33.84
35.24
34.09
32.11
31.42
31.71
28.97
17.31
31.71
31.71
79
22.28
Net margin%
29.71
30.24
27.69
28.94
31.56
32.37
32.45
30.35
27.46
25.29
16.48
30.35
29.98
16
11.26
P/E ratio (avg)x
13.58
12.39
13.06
13.18
13.79
12.89
11.31
12.18
11.92
10.95
32.51
11.92
12.64
36
27.81
EV/EBITx
17.25
18.86
17.01
19.11
17.62
16.30
15.27
14.15
15.76
15.04
36.57
15.27
16.65
10
10.50
FCF yield (avg)%
2.61
4.72
3.49
4.14
4.08
5.50
4.06
5.04
2.47
5.37
27.67
5.04
4.11
22
27.08
FCF margin%
29.32
27.33
29.57
31.96
32.13
31.21
29.51
29.79
31.09
32.72
26.17
31.09
30.44
9
1.062
FCF / Net incomex
0.648
0.695
0.730
0.770
0.782
0.799
0.895
0.882
0.921
0.932
1.656
0.895
0.790
25
9.58
ROIC%
21.68
19.39
17.11
16.56
16.67
14.34
11.62
11.92
11.29
9.59
23.93
11.62
15.45
17
29.26
Return on equity%
13.55
16.49
16.67
15.76
14.20
17.07
14.11
12.48
12.69
11.84
23.26
12.69
14.16
16
22.47
Return on assets%
21.37
22.24
21.81
21.71
22.30
23.07
21.28
22.15
21.54
20.50
25.38
21.54
21.76
80
14.20
EPS€
4.71
5.15
4.86
4.43
4.83
5.13
5.02
5.21
5.58
5.82
15.83
3.79%
2.72%
—
5.25
EPS growth%
25.03
26.35
24.41
24.93
23.18
23.51
21.56
21.24
23.29
23.43
6.98
23.29
23.47
54
12.01
Bookvalue per sh€
16.13
17.56
16.02
17.05
15.34
14.45
14.43
14.91
14.96
15.00
13.30
(0.44%)
(2.10%)
—
9.75
FCF per share€
14.27
14.27
16.04
16.34
18.07
19.48
20.79
23.52
22.38
21.99
15.36
4.01%
3.54%
—
5.55
Dividend per sh€
16.00
17.19
17.84
20.03
19.72
22.90
22.61
25.04
26.30
26.75
18.00
6.28%
5.66%
—
13.46
Div yield (avg)%
25.34
22.66
23.37
22.13
19.49
17.76
19.24
17.43
15.92
13.63
19.71
17.43
19.36
62
16.90
Payout ratio%
3.92
2.17
4.02
2.98
3.40
6.35
8.39
8.24
8.84
5.96
18.84
8.24
4.99
94
33.82
Shares (diluted)M
42.97
48.06
57.59
63.84
70.48
68.64
79.22
94.22
94.92
105.7
34.73
8.44%
9.72%
29
2.77
Buyback yield%
17.03
19.94
17.30
18.24
18.96
19.66
19.67
21.15
19.34
18.36
9.98
19.66
19.15
48
0.441
D/E ratiox
1.338
1.452
1.424
1.463
1.371
1.545
1.560
1.684
1.582
1.585
1.264
1.582
1.504
93
645.6
Enterprise value€M
766.7
752.9
775.7
783.4
841.6
819.3
853.0
856.7
873.7
881.5
415.2
0.93%
2.19%
76
193.0
LT debt€M
129.1
121.7
118.4
113.1
125.5
145.1
139.5
159.3
184.7
199.8
329.4
9.74%
4.93%
45
Revenue
€744.1M
6.17%
1.00×
Cost of revenue
€411.0M
6.56%
1.04×
Operating expenses
€86.67M
5.53%
0.94×
Spread over hurdle
45.39%