2.276
Revenue€M
6.585
6.477
6.664
6.790
6.826
6.891
6.858
7.003
6.957
6.905
2.462
0.23%
0.65%
12
6.87
Revenue growth%
13.02
14.52
15.32
15.68
16.42
15.12
17.16
17.00
14.46
17.18
26.64
17.00
15.50
24
4.82
Gross margin%
9.81
9.78
7.98
8.27
8.93
6.00
6.98
8.63
8.41
10.01
22.84
8.41
8.52
36
10.37
Operating margin%
9.29
8.41
9.51
7.03
6.93
8.44
7.26
8.80
6.51
5.29
21.41
7.26
7.83
31
10.81
Net margin%
23.26
25.18
28.10
28.15
25.76
27.25
26.93
25.73
25.95
24.97
20.46
25.95
25.85
18
35.25
P/E ratio (avg)x
20.18
21.27
21.58
21.91
23.47
21.65
23.66
26.29
25.41
23.60
14.79
23.66
22.69
58
36.98
EV/EBITx
9.482
9.958
9.908
10.04
9.621
10.03
11.53
12.32
12.46
12.99
23.58
12.32
10.03
25
26.96
FCF yield (avg)%
16.41
14.01
16.04
18.00
19.35
18.00
17.35
16.02
16.12
14.65
14.00
16.12
16.27
67
2.61
FCF margin%
26.10
24.78
21.94
23.98
21.69
21.87
20.43
19.83
17.55
19.67
16.53
19.83
21.78
78
0.193
FCF / Net incomex
1.021
0.989
1.152
1.170
1.103
1.117
1.286
1.282
1.350
1.404
0.197
1.286
1.161
57
28.78
ROIC%
25.33
27.67
25.42
25.93
27.58
26.40
25.90
28.11
31.07
31.60
3.94
28.11
26.99
18
26.50
Return on equity%
8.15
5.58
6.42
6.52
4.32
2.77
0.47
0.58
0.47
0.40
9.57
0.47
3.55
65
25.86
Return on assets%
18.03
15.32
14.40
16.87
18.93
20.01
18.98
18.50
19.14
18.07
11.91
18.98
18.28
33
0.16
EPS€
0.24
0.25
0.23
0.23
0.23
0.25
0.24
0.22
0.21
0.23
0.17
0.11%
—
—
5.14
EPS growth%
29.31
30.78
29.61
30.68
32.11
29.37
28.47
31.28
30.42
30.72
2.00
30.42
30.55
76
0.42
Bookvalue per sh€
0.17
0.16
0.14
0.12
0.11
0.10
0.11
0.10
0.10
0.10
0.42
(0.54%)
(4.77%)
—
0.41
FCF per share€
0.12
0.11
0.12
0.11
0.13
0.12
0.12
0.12
0.14
0.15
0.37
4.19%
2.98%
—
0.48
Dividend per sh€
0.19
0.20
0.21
0.21
0.23
0.21
0.21
0.18
0.17
0.17
0.07
(5.26%)
(0.59%)
—
13.59
Div yield (avg)%
4.13
4.11
3.98
6.56
3.58
4.73
4.84
7.23
9.27
9.93
6.18
7.23
4.79
28
14.71
Payout ratio%
23.15
21.75
24.41
26.48
28.96
28.18
29.10
28.20
25.59
23.76
24.37
28.18
26.03
69
9.477
Shares (diluted)M
12.44
13.32
14.47
15.48
16.83
15.74
17.68
16.32
18.51
18.07
9.116
1.43%
4.49%
87
24.71
Buyback yield%
24.25
23.90
26.72
25.40
22.74
21.49
20.42
21.88
21.21
20.99
25.27
21.21
22.31
67
0.618
D/E ratiox
0.187
0.196
0.184
0.178
0.178
0.192
0.204
0.211
0.225
0.243
1.003
0.211
0.194
22
6.048
Enterprise value€M
5.987
6.651
7.102
6.990
6.681
6.492
7.023
7.647
7.130
7.709
8.104
2.90%
1.80%
74
2.951
LT debt€M
7.445
8.681
8.252
8.940
8.974
8.825
9.120
9.089
10.57
10.95
3.595
4.05%
3.72%
16
Revenue
€6.905M
0.65%
1.00×
Cost of revenue
€4.833M
0.65%
1.00×
Operating expenses
€1.432M
0.32%
0.97×
Cash and investments
16.27%
Spread over hurdle
(1.30%)