636.5
Revenue€M
401.8
413.7
426.4
441.4
473.6
491.2
526.6
552.8
582.3
606.7
652.0
5.08%
4.93%
39
20.09
Revenue growth%
16.23
18.20
21.19
23.49
23.83
26.56
23.71
25.71
24.28
22.55
4.35
24.28
23.60
91
12.64
Gross margin%
9.70
8.69
7.86
8.71
11.69
10.34
8.58
8.15
10.25
8.19
22.24
8.58
8.70
75
14.02
Operating margin%
20.50
19.12
20.61
18.11
20.68
17.97
16.81
16.06
14.74
12.49
12.28
16.06
18.04
90
2.73
Net margin%
1.47
3.73
2.42
0.70
2.31
5.12
7.46
8.83
7.02
9.88
18.94
7.46
4.42
58
22.54
P/E ratio (avg)x
13.73
13.51
13.20
12.65
11.38
10.84
11.59
10.39
10.45
9.762
34.91
10.45
11.48
64
16.33
EV/EBITx
13.83
15.40
17.57
19.77
21.48
24.05
24.61
22.97
22.86
24.68
16.35
24.05
22.17
84
13.08
FCF yield (avg)%
4.75
1.80
2.54
2.89
0.55
0.40
0.40
1.97
4.86
6.75
15.16
1.97
2.25
19
23.88
FCF margin%
26.25
24.00
21.03
19.76
20.20
18.26
16.19
18.02
19.44
19.04
18.41
18.26
19.60
76
0.728
FCF / Net incomex
0.746
0.764
0.733
0.800
0.773
0.729
0.747
0.759
0.739
0.660
1.089
0.739
0.746
62
28.79
ROIC%
17.27
17.07
18.52
18.21
20.26
21.62
19.80
20.46
23.32
20.61
29.09
20.61
20.03
42
4.61
Return on equity%
19.28
21.35
22.75
23.36
25.89
27.42
30.28
29.08
29.04
26.77
4.34
29.04
26.33
37
5.90
Return on assets%
23.78
20.92
22.20
24.74
24.68
23.17
23.94
22.56
20.73
23.71
3.18
23.17
23.44
28
14.06
EPS€
5.81
5.56
6.19
6.58
6.29
6.52
7.08
7.82
8.17
8.34
15.36
5.80%
4.23%
—
25.45
EPS growth%
20.92
21.30
18.59
21.12
21.75
21.85
19.39
20.92
20.84
21.34
25.19
20.92
21.02
58
6.12
Bookvalue per sh€
11.45
12.86
13.75
14.94
14.44
15.72
16.94
19.35
20.37
20.49
20.82
7.25%
6.97%
—
13.82
FCF per share€
10.77
11.15
10.33
9.66
9.96
10.24
9.91
8.80
8.90
8.58
18.77
(2.93%)
(1.30%)
—
5.15
Dividend per sh€
14.45
16.52
15.87
17.75
18.86
21.91
21.79
24.14
27.86
30.17
3.78
9.86%
9.17%
—
29.07
Div yield (avg)%
24.89
26.04
24.93
24.69
22.39
23.54
26.31
24.36
25.29
28.12
11.24
25.29
24.91
68
11.83
Payout ratio%
10.84
11.08
10.47
9.32
11.31
10.63
12.45
13.69
11.74
12.53
27.28
12.45
11.20
19
23.97
Shares (diluted)M
20.29
17.60
18.89
16.36
14.65
12.76
12.99
12.79
12.48
12.30
24.54
(3.44%)
(4.63%)
42
26.56
Buyback yield%
29.79
28.09
25.84
28.57
29.25
28.78
31.13
32.46
30.22
31.99
3.54
31.13
29.52
66
1.106
D/E ratiox
2.393
2.544
2.653
3.003
3.178
3.076
3.318
3.307
3.890
4.417
0.773
3.318
3.127
15
0.077
Enterprise value€B
0.627
0.710
0.712
0.759
0.824
0.915
1.038
1.054
1.076
1.148
0.270
6.86%
6.69%
68
246.7
LT debt€M
550.4
488.4
440.7
387.2
389.7
359.5
379.5
360.8
402.5
411.0
336.5
1.07%
(4.02%)
68
Revenue
€606.7M
4.93%
1.00×
Cost of revenue
€402.4M
5.02%
1.01×
Operating expenses
€103.7M
5.02%
1.01×
Cash and investments
19.09%
Goodwill & intangibles
15.13%
Spread over hurdle
(1.67%)