80.04
Revenue€M
140.6
140.3
142.5
141.9
143.6
148.2
147.8
153.2
153.0
159.2
87.88
2.08%
1.36%
33
9.88
Revenue growth%
29.70
26.87
27.71
26.18
25.64
25.63
26.05
28.66
28.90
28.89
10.87
28.66
27.29
86
24.08
Gross margin%
21.90
19.19
20.21
19.54
17.94
20.22
18.73
19.02
16.84
18.07
18.39
18.73
19.11
72
29.35
Operating margin%
13.99
14.85
12.18
11.07
9.43
9.05
8.35
6.26
3.69
5.80
2.96
6.26
9.24
83
7.52
Net margin%
17.90
18.40
17.96
17.15
17.67
16.15
16.77
15.13
12.70
15.36
13.22
15.36
16.96
33
34.14
P/E ratio (avg)x
12.92
11.63
10.46
9.633
10.19
10.47
9.297
9.137
8.780
9.099
26.53
9.137
9.913
41
18.74
EV/EBITx
22.30
22.27
25.23
28.00
31.93
37.78
36.86
37.06
41.62
40.45
32.35
37.78
34.39
54
13.01
FCF yield (avg)%
21.10
22.17
21.03
21.09
21.89
21.04
23.02
22.65
22.08
23.50
27.18
22.65
21.99
75
20.66
FCF margin%
3.69
6.28
6.39
3.77
1.87
2.24
1.51
2.82
5.31
6.39
3.00
2.82
3.73
91
0.702
FCF / Net incomex
1.110
1.025
1.042
1.048
0.943
0.840
0.771
0.702
0.639
0.632
0.194
0.702
0.891
31
15.17
ROIC%
15.91
13.77
15.13
17.02
17.44
18.51
16.77
18.56
19.89
17.91
15.82
18.51
17.23
74
24.73
Return on equity%
4.25
6.00
6.80
4.19
4.96
6.37
6.37
5.26
3.90
4.76
3.08
5.26
5.11
59
11.22
Return on assets%
25.61
28.54
28.02
27.82
27.71
28.41
26.47
23.95
24.94
26.20
13.08
26.20
27.09
65
0.68
EPS€
0.68
0.68
0.71
0.77
0.69
0.63
0.57
0.52
0.55
0.49
0.73
(6.49%)
(3.36%)
—
27.70
EPS growth%
9.04
7.11
6.45
8.87
8.25
6.19
6.02
8.59
8.58
8.84
3.54
8.58
8.42
15
0.91
Bookvalue per sh€
0.15
0.16
0.18
0.18
0.20
0.21
0.20
0.20
0.23
0.26
0.97
4.81%
5.16%
—
0.53
FCF per share€
0.64
0.63
0.66
0.75
0.77
0.71
0.71
0.68
0.72
0.79
0.65
0.61%
3.49%
—
0.91
Dividend per sh€
0.55
0.59
0.57
0.63
0.70
0.67
0.71
0.67
0.77
0.81
0.57
2.98%
5.35%
—
11.76
Div yield (avg)%
23.06
24.60
26.69
26.83
23.99
21.84
21.58
19.61
19.15
18.48
29.50
19.61
22.45
16
24.06
Payout ratio%
20.80
23.70
21.03
20.72
22.48
25.37
27.16
28.81
29.71
28.58
20.39
28.58
24.53
59
44.36
Shares (diluted)M
70.23
82.67
100.6
106.8
107.7
130.0
154.4
157.9
172.8
205.6
43.22
13.80%
12.33%
11
9.03
Buyback yield%
21.52
19.48
21.85
24.69
25.15
22.21
24.18
21.55
20.31
22.28
18.71
22.21
22.03
92
0.708
D/E ratiox
1.983
1.981
1.816
1.769
1.664
1.664
1.873
1.754
1.763
1.962
1.048
1.763
1.792
42
117.9
Enterprise value€M
206.0
205.9
197.9
208.4
193.1
206.4
205.1
206.7
203.4
215.8
135.6
2.25%
1.70%
76
103.4
LT debt€M
113.1
119.7
132.7
153.6
155.2
166.1
161.3
151.6
149.9
173.5
164.2
2.26%
5.86%
29
Revenue
€159.2M
1.36%
1.00×
Cost of revenue
€88.63M
1.48%
1.01×
Operating expenses
€28.59M
1.16%
0.98×
Spread over hurdle
28.99%