2.396
Revenue€M
2.727
2.948
3.202
3.419
3.591
3.831
4.151
4.460
4.748
5.090
2.550
7.23%
6.89%
11
25.99
Revenue growth%
23.28
26.07
25.53
25.20
24.11
25.92
23.02
25.10
23.32
25.13
9.40
25.10
25.12
18
29.86
Gross margin%
22.64
24.85
24.63
24.31
22.67
25.15
23.98
23.75
25.08
24.78
14.99
24.78
24.47
47
29.16
Operating margin%
6.29
7.60
9.97
7.36
6.62
8.37
5.93
6.08
9.03
6.96
8.83
6.96
7.16
7
11.40
Net margin%
28.19
26.73
23.83
22.32
21.73
24.25
24.65
23.74
24.10
21.27
18.82
24.10
23.97
32
21.36
P/E ratio (avg)x
31.71
33.55
34.68
31.00
28.80
31.96
35.57
39.49
40.69
41.63
11.18
39.49
34.12
77
19.54
EV/EBITx
34.95
37.10
38.67
36.49
38.70
41.40
40.08
40.77
39.79
41.14
32.21
40.77
39.25
8
22.21
FCF yield (avg)%
16.56
17.70
15.71
17.86
14.99
12.40
15.14
17.44
18.64
17.98
18.01
17.44
17.00
55
14.83
FCF margin%
19.15
21.59
20.35
19.75
20.85
18.86
19.94
20.88
22.55
22.78
12.77
20.88
20.60
70
1.297
FCF / Net incomex
1.512
1.559
1.368
1.467
1.271
1.200
1.042
0.904
0.982
0.840
0.383
0.982
1.235
72
22.64
ROIC%
10.91
11.44
13.78
12.23
9.42
11.08
9.35
9.84
11.15
13.97
7.46
11.08
11.12
91
9.71
Return on equity%
10.14
12.45
11.07
11.89
14.22
11.87
14.37
16.07
14.93
13.76
25.49
14.37
13.11
61
4.24
Return on assets%
18.25
16.75
17.46
14.71
17.48
17.56
15.38
14.74
15.27
15.85
15.91
15.38
16.30
17
0.03
EPS€
0.10
0.11
0.13
0.13
0.15
0.16
0.18
0.19
0.20
0.23
0.03
8.08%
9.47%
—
13.80
EPS growth%
5.90
8.82
9.80
12.33
11.06
8.93
11.46
10.59
11.48
12.17
22.50
11.46
10.82
24
0.11
Bookvalue per sh€
0.19
0.21
0.25
0.29
0.30
0.34
0.36
0.38
0.44
0.49
0.13
10.84%
10.67%
—
0.15
FCF per share€
0.16
0.19
0.20
0.24
0.27
0.28
0.30
0.30
0.34
0.35
0.05
5.69%
9.43%
—
0.07
Dividend per sh€
0.16
0.17
0.18
0.17
0.17
0.16
0.16
0.15
0.14
0.13
0.06
(5.78%)
(1.34%)
—
24.05
Div yield (avg)%
17.83
20.36
21.56
22.29
21.20
22.60
21.46
22.19
24.09
24.47
4.41
22.60
21.88
92
4.08
Payout ratio%
18.62
19.88
18.75
20.66
22.13
24.09
25.31
23.63
22.53
22.53
29.29
23.63
22.33
61
19.71
Shares (diluted)M
22.65
25.49
27.26
25.74
23.37
21.00
22.55
22.16
21.88
21.29
20.25
(1.85%)
(0.24%)
67
13.56
Buyback yield%
21.45
22.20
21.63
23.28
21.76
21.19
18.27
20.36
18.28
15.73
22.22
18.28
21.32
67
1.730
D/E ratiox
1.453
1.489
1.360
1.477
1.536
1.577
1.495
1.300
1.390
1.207
1.688
1.390
1.465
28
4.895
Enterprise value€M
6.456
6.723
6.539
6.892
6.879
7.270
7.686
7.241
6.791
6.545
2.346
(0.99%)
(0.15%)
31
0.799
LT debt€M
4.707
4.733
5.126
4.478
4.431
4.080
3.666
3.373
3.398
3.068
5.507
(7.09%)
(4.54%)
68
Revenue
€5.090M
6.89%
1.00×
Cost of revenue
€2.857M
7.03%
1.01×
Operating expenses
€1.042M
6.97%
1.01×
Goodwill & intangibles
18.13%
Spread over hurdle
33.74%