39.69
Revenue€M
96.51
99.22
102.2
102.8
104.3
109.1
111.6
115.3
116.7
118.0
41.76
2.50%
2.52%
45
23.41
Revenue growth%
22.17
24.62
22.27
24.80
23.56
26.53
28.57
27.19
25.72
26.33
16.19
26.53
25.26
54
16.12
Gross margin%
12.62
13.30
14.38
12.28
12.01
11.59
14.02
16.85
19.59
18.27
26.41
16.85
13.66
12
6.75
Operating margin%
17.58
15.37
16.10
15.73
14.12
12.25
9.38
7.42
5.73
2.86
14.85
7.42
13.18
83
19.64
Net margin%
11.23
10.09
11.89
14.60
16.69
13.91
12.21
12.52
11.19
8.45
12.01
12.21
12.05
18
35.18
P/E ratio (avg)x
49.35
54.22
55.31
63.84
71.24
78.81
85.37
87.90
83.30
90.98
17.60
85.37
75.02
21
13.94
EV/EBITx
8.749
9.369
8.116
7.847
7.816
7.677
8.023
8.148
7.995
6.922
11.49
7.995
8.009
61
2.97
FCF yield (avg)%
11.18
12.30
10.30
7.86
6.71
9.22
11.96
13.92
14.63
11.85
23.87
11.96
11.51
10
18.92
FCF margin%
2.29
4.22
3.15
5.48
5.39
4.50
4.50
3.85
6.58
7.16
28.30
4.50
4.50
25
0.929
FCF / Net incomex
0.297
0.309
0.342
0.332
0.306
0.302
0.295
0.277
0.291
0.308
1.567
0.295
0.304
19
25.23
ROIC%
5.04
5.72
6.54
7.88
7.46
6.67
8.75
11.49
11.23
8.76
21.91
8.76
7.67
28
9.83
Return on equity%
17.37
16.38
13.57
13.80
15.67
14.91
17.79
20.19
18.50
15.87
8.52
17.79
16.13
66
9.77
Return on assets%
12.77
11.11
9.49
7.79
10.68
13.41
11.41
9.26
12.24
14.13
16.76
12.24
11.26
51
0.29
EPS€
0.17
0.16
0.16
0.14
0.14
0.14
0.14
0.13
0.13
0.11
0.30
(3.76%)
(4.76%)
—
13.37
EPS growth%
22.46
19.51
17.77
17.34
17.21
18.76
18.55
17.15
18.05
18.15
21.75
18.15
18.10
92
0.24
Bookvalue per sh€
0.48
0.52
0.60
0.65
0.64
0.66
0.74
0.76
0.83
0.98
0.49
8.78%
7.11%
—
0.16
FCF per share€
0.80
0.95
0.95
1.05
1.08
1.31
1.42
1.62
1.91
2.03
0.26
13.43%
11.41%
—
0.11
Dividend per sh€
0.20
0.21
0.20
0.18
0.20
0.22
0.20
0.22
0.21
0.20
0.10
0.07%
0.69%
—
18.22
Div yield (avg)%
2.32
5.23
6.90
8.70
10.56
8.56
6.96
6.91
7.23
8.32
4.03
7.23
7.10
28
23.59
Payout ratio%
7.39
7.48
6.52
7.79
10.17
11.61
13.09
13.64
15.16
14.89
9.64
13.64
10.89
54
62.70
Shares (diluted)M
115.9
115.4
115.4
118.7
116.8
115.6
115.1
135.5
162.2
189.1
62.91
10.11%
6.22%
35
25.42
Buyback yield%
29.75
29.42
26.62
27.38
29.92
27.09
26.32
27.94
25.73
26.42
27.50
26.42
27.23
73
1.543
D/E ratiox
1.074
1.040
1.046
1.062
1.045
1.049
1.007
0.947
0.853
0.852
0.680
0.947
1.042
14
79.71
Enterprise value€M
63.69
70.88
74.26
77.12
75.20
85.40
84.82
93.01
98.09
95.28
29.41
4.85%
3.72%
65
44.28
LT debt€M
87.81
81.84
75.86
80.50
71.40
75.42
77.75
85.62
94.19
98.05
48.49
6.55%
0.72%
81
Revenue
€118.0M
2.52%
1.00×
Cost of revenue
€82.62M
2.52%
1.00×
Operating expenses
€22.95M
2.67%
1.01×
Goodwill & intangibles
16.67%
Spread over hurdle
(3.69%)