20.50
Revenue€M
57.91
61.25
63.61
68.22
70.37
73.02
76.65
78.66
82.79
21.83
21.89
3.95%
4.74%
48
23.11
Revenue growth%
18.14
20.28
20.11
17.54
17.68
17.77
15.20
16.12
17.15
8.56
26.65
17.15
17.61
23
7.61
Gross margin%
5.19
5.16
4.61
6.42
8.55
7.14
8.09
9.94
6.98
25.76
17.39
8.09
6.70
54
3.41
Operating margin%
4.66
7.38
6.49
6.76
6.78
9.45
7.30
8.39
10.94
19.17
10.94
8.39
7.04
13
24.94
Net margin%
5.74
8.56
11.28
8.94
6.42
8.44
6.52
9.13
8.51
7.76
13.04
8.44
8.48
40
25.67
P/E ratio (avg)x
18.24
16.62
15.25
13.18
11.54
11.28
12.31
11.97
13.07
17.32
29.77
11.97
13.12
53
9.619
EV/EBITx
6.207
6.355
5.490
5.254
5.191
5.221
5.282
5.360
4.679
35.07
30.31
5.221
5.321
90
26.01
FCF yield (avg)%
26.05
26.30
27.19
25.57
22.84
25.10
22.31
23.60
22.87
24.91
21.91
22.87
24.35
40
28.74
FCF margin%
17.79
19.98
19.42
20.29
18.03
16.16
17.60
19.08
21.95
24.95
26.08
18.03
18.56
14
0.497
FCF / Net incomex
1.074
1.071
1.129
1.080
1.006
0.897
0.796
0.751
0.705
0.711
1.285
0.796
0.996
21
22.96
ROIC%
11.17
10.78
11.83
9.26
9.55
9.31
11.36
8.63
10.31
21.82
8.86
9.55
9.93
58
4.72
Return on equity%
18.83
20.05
20.43
22.56
21.12
18.80
19.87
17.38
20.08
24.79
12.63
19.87
19.96
72
11.38
Return on assets%
3.68
6.08
8.88
11.55
12.28
11.19
9.57
12.07
14.08
8.93
17.62
12.07
10.38
31
0.34
EPS€
0.35
0.31
0.34
0.32
0.35
0.40
0.40
0.44
0.45
0.36
0.37
7.06%
2.23%
—
18.90
EPS growth%
16.16
15.36
13.28
11.53
14.38
12.88
12.38
14.44
15.61
28.74
2.95
14.38
14.41
41
0.39
Bookvalue per sh€
0.16
0.15
0.15
0.16
0.14
0.14
0.14
0.14
0.14
0.25
0.40
(3.00%)
(3.66%)
—
0.37
FCF per share€
0.93
0.98
1.13
1.11
1.28
1.43
1.52
1.78
1.91
0.39
0.39
11.50%
10.57%
—
0.31
Dividend per sh€
0.19
0.21
0.21
0.22
0.20
0.18
0.20
0.20
0.20
0.23
0.40
(2.35%)
(0.62%)
—
2.32
Div yield (avg)%
1.50
3.47
3.93
5.72
6.16
5.63
2.70
3.46
4.96
11.85
11.31
4.96
3.70
58
14.04
Payout ratio%
24.45
23.55
24.75
21.77
21.88
20.78
18.63
17.11
14.42
6.59
16.09
18.63
21.82
65
254.0
Shares (diluted)M
231.6
230.9
225.9
205.9
212.3
213.0
228.6
203.7
204.8
246.5
246.5
(0.10%)
(2.23%)
18
4.59
Buyback yield%
11.50
10.58
11.83
11.87
8.92
11.52
11.55
11.86
13.91
28.68
24.62
11.55
11.69
10
0.459
D/E ratiox
0.650
0.722
0.834
0.817
0.805
0.782
0.812
0.800
0.928
1.083
0.361
0.805
0.802
48
70.46
Enterprise value€M
32.73
35.37
35.34
34.98
33.42
34.80
34.28
31.92
29.16
67.18
86.55
(3.58%)
(1.15%)
36
65.21
LT debt€M
88.32
94.98
96.85
107.8
109.4
105.0
102.3
119.9
118.3
9.342
20.71
1.88%
5.53%
70
Revenue
€82.79M
4.74%
1.00×
Cost of revenue
€54.81M
4.96%
1.02×
Operating expenses
€19.42M
4.49%
0.98×
Cash and investments
16.04%
Spread over hurdle
(4.03%)