0.215
Revenue€B
0.991
1.013
1.052
1.052
1.088
1.128
1.120
1.158
1.162
1.171
0.240
1.49%
1.71%
17
22.56
Revenue growth%
15.95
16.04
18.41
20.39
21.16
18.40
19.24
16.71
19.21
19.24
8.56
19.21
18.81
13
17.29
Gross margin%
22.21
20.69
21.29
21.31
24.15
21.60
21.39
23.32
26.27
27.39
9.20
23.32
21.90
75
28.09
Operating margin%
33.44
33.91
33.27
31.62
30.84
29.32
30.25
32.92
32.49
29.58
7.38
30.25
32.05
30
27.37
Net margin%
25.26
24.66
26.39
25.32
24.08
25.70
26.96
29.64
29.04
27.75
9.02
27.75
26.05
95
32.64
P/E ratio (avg)x
32.59
33.54
39.35
39.91
47.74
47.32
48.44
50.62
54.86
53.27
7.956
50.62
47.53
51
6.425
EV/EBITx
8.943
8.284
7.249
6.272
5.479
4.824
4.190
3.661
3.611
3.106
10.08
3.661
5.152
39
27.00
FCF yield (avg)%
21.45
23.71
22.17
19.77
20.33
20.35
21.71
20.08
18.19
20.06
5.79
20.08
20.34
59
17.75
FCF margin%
37.07
35.91
35.04
37.88
36.28
35.62
35.70
34.34
35.78
37.12
18.16
35.70
35.85
38
1.587
FCF / Net incomex
1.255
1.396
1.483
1.486
1.674
1.581
1.475
1.631
1.566
1.625
0.303
1.581
1.526
27
26.55
ROIC%
0.40
0.40
0.40
0.40
0.40
0.40
0.40
1.99
3.48
3.35
10.73
1.99
0.40
28
29.33
Return on equity%
18.52
19.20
21.72
20.58
20.37
19.34
19.85
18.47
17.35
16.81
2.55
18.47
19.27
69
3.14
Return on assets%
19.33
21.68
19.42
17.15
18.28
20.96
20.42
19.67
20.20
21.67
4.59
20.42
19.93
44
3.82
EPS€
5.75
5.29
5.86
6.02
6.11
6.36
5.76
5.39
5.21
4.94
4.18
(4.15%)
(2.64%)
—
5.60
EPS growth%
17.21
19.55
18.97
18.60
17.93
20.69
21.26
19.58
17.00
16.50
22.64
19.58
18.78
42
12.24
Bookvalue per sh€
14.65
13.79
12.45
11.43
11.36
11.60
10.17
10.04
10.79
11.30
2.75
(0.11%)
(2.91%)
—
17.72
FCF per share€
6.92
6.37
6.36
6.91
7.50
7.44
6.44
6.69
7.23
7.65
16.50
0.39%
(0.44%)
—
10.21
Dividend per sh€
9.07
9.10
9.21
9.71
9.59
10.21
11.18
11.05
12.29
13.81
10.04
7.56%
3.61%
—
12.84
Div yield (avg)%
10.95
12.34
10.39
10.25
11.31
9.79
9.24
12.14
9.41
9.60
22.03
9.60
10.32
35
24.86
Payout ratio%
21.42
23.19
22.86
23.65
24.85
25.74
27.81
29.29
31.89
33.58
6.77
29.29
25.30
55
62.34
Shares (diluted)M
76.83
82.13
82.15
82.70
87.58
94.32
93.14
88.23
97.93
94.83
61.29
1.60%
1.84%
72
4.68
Buyback yield%
13.44
11.14
12.53
14.76
13.94
11.14
12.64
13.52
16.21
17.12
24.15
13.52
13.48
30
0.245
D/E ratiox
1.682
1.793
1.849
1.708
1.687
1.455
1.376
1.326
1.401
1.469
1.114
1.401
1.575
66
0.635
Enterprise value€B
0.973
0.928
0.898
0.930
1.077
1.176
1.355
1.522
1.744
1.991
0.424
13.08%
8.30%
24
0.160
LT debt€B
2.029
2.250
2.247
2.679
2.908
2.901
3.347
3.948
4.177
4.248
0.584
7.87%
8.66%
46
Revenue
€1.171B
1.71%
1.00×
Cost of revenue
€713.2M
1.72%
1.00×
Operating expenses
€112.8M
1.21%
0.95×
Property and equipment
21.20%
Spread over hurdle
(0.01%)