200.3
Revenue€M
128.8
139.3
152.1
160.7
170.4
183.9
195.3
205.1
222.0
243.0
214.3
7.36%
7.15%
13
3.32
Revenue growth%
14.58
15.71
13.36
15.48
15.17
17.92
17.71
18.78
17.07
18.85
11.20
17.92
16.39
52
14.43
Gross margin%
6.05
4.90
7.01
7.13
5.07
7.75
6.33
7.90
10.29
13.18
17.52
7.90
7.07
73
4.38
Operating margin%
13.44
12.39
11.22
14.03
13.94
15.66
15.91
13.33
15.84
15.32
5.44
15.66
13.98
36
27.10
Net margin%
30.03
30.57
28.06
25.71
23.15
24.81
23.00
25.73
25.94
28.07
24.07
25.73
25.84
18
34.69
P/E ratio (avg)x
54.80
54.40
60.72
69.19
76.51
79.71
76.91
73.76
77.33
79.61
36.84
77.33
75.13
17
12.37
EV/EBITx
39.24
40.70
44.86
42.40
38.04
39.27
40.18
39.44
39.47
43.59
30.05
39.47
39.82
82
29.44
FCF yield (avg)%
9.70
8.25
8.13
11.13
13.71
14.73
14.44
14.89
12.99
15.37
26.92
14.73
13.35
28
16.20
FCF margin%
31.00
28.40
30.73
29.75
27.65
26.74
24.41
24.33
22.40
24.28
11.10
24.33
27.19
42
1.401
FCF / Net incomex
0.928
0.965
1.064
1.140
1.387
1.622
1.914
2.194
2.463
2.815
1.684
2.194
1.505
34
4.01
ROIC%
0.40
0.40
3.30
3.20
1.38
0.40
1.51
1.83
0.95
0.40
3.03
0.95
1.17
24
10.55
Return on equity%
26.83
26.21
25.56
24.62
27.17
29.30
31.25
32.90
35.41
35.45
11.30
32.90
28.23
66
14.16
Return on assets%
21.45
19.63
16.76
14.19
14.00
14.02
13.92
11.95
11.55
8.77
24.56
11.95
14.01
35
0.65
EPS€
0.37
0.38
0.39
0.38
0.43
0.47
0.46
0.45
0.41
0.40
0.69
(1.05%)
1.63%
—
9.78
EPS growth%
12.05
9.87
8.57
7.95
10.52
12.94
12.33
14.67
12.42
9.69
16.16
12.42
11.28
75
0.47
Bookvalue per sh€
0.10
0.10
0.10
0.11
0.12
0.11
0.11
0.12
0.13
0.11
0.16
(0.48%)
1.14%
—
0.33
FCF per share€
0.41
0.44
0.42
0.40
0.39
0.41
0.40
0.45
0.49
0.47
0.94
3.45%
1.90%
—
0.15
Dividend per sh€
0.44
0.43
0.49
0.51
0.54
0.51
0.56
0.53
0.55
0.58
0.40
1.47%
3.44%
—
23.54
Div yield (avg)%
14.95
16.50
15.70
18.66
16.58
14.77
15.74
15.95
16.77
15.87
22.86
15.87
15.91
15
20.78
Payout ratio%
3.07
0.89
0.79
0.40
1.25
0.40
1.55
0.40
1.48
1.12
19.32
1.12
1.00
19
198.9
Shares (diluted)M
162.7
142.5
132.0
141.9
135.7
137.3
144.4
153.4
134.0
136.5
194.6
0.12%
(1.59%)
66
14.09
Buyback yield%
1.61
2.22
1.14
2.63
0.40
2.57
3.47
0.86
0.40
0.40
23.38
0.86
1.37
22
1.587
D/E ratiox
1.497
1.672
1.754
1.925
1.790
2.049
2.142
2.462
2.570
2.730
1.240
2.462
1.987
64
141.4
Enterprise value€M
265.1
297.2
319.1
314.2
295.6
276.6
304.0
351.5
372.7
420.5
125.5
7.30%
5.35%
74
204.6
LT debt€M
81.60
79.28
71.03
64.11
69.17
67.19
61.03
65.77
59.99
59.69
95.00
(2.90%)
(4.31%)
68
Revenue
€243.0M
7.15%
1.00×
Cost of revenue
€116.6M
7.18%
1.00×
Operating expenses
€59.81M
7.18%
1.00×
Goodwill & intangibles
18.00%
Property and equipment
16.33%
Spread over hurdle
(1.89%)