117.0
Revenue€M
89.56
91.97
94.02
97.09
99.66
101.5
104.5
109.0
113.1
118.2
125.0
3.48%
3.11%
94
6.94
Revenue growth%
9.40
10.53
13.09
13.18
12.50
13.04
10.60
9.00
6.52
8.56
4.39
9.00
10.57
52
22.88
Gross margin%
25.42
22.95
22.05
19.31
20.61
20.75
20.96
18.94
19.78
16.86
23.02
19.78
20.68
70
26.42
Operating margin%
20.93
20.69
20.54
20.62
19.02
18.87
19.00
17.72
15.43
16.68
20.82
17.72
19.01
22
20.15
Net margin%
4.45
3.87
2.08
0.40
0.40
3.37
5.28
4.83
4.69
7.28
14.69
4.83
4.16
87
12.80
P/E ratio (avg)x
23.82
22.78
21.26
23.55
26.56
29.00
33.65
33.39
35.94
36.15
29.75
33.65
27.78
53
8.897
EV/EBITx
7.986
7.045
6.672
6.303
6.283
5.550
4.876
4.238
4.192
4.332
35.91
4.332
5.916
59
15.34
FCF yield (avg)%
3.39
2.73
4.12
4.99
2.58
0.40
0.40
2.38
2.71
2.04
19.47
2.04
2.65
80
21.13
FCF margin%
13.23
11.64
11.72
11.28
9.61
6.84
8.79
8.88
7.75
6.06
28.91
7.75
9.25
32
0.357
FCF / Net incomex
0.805
0.803
0.766
0.876
0.900
1.032
1.179
1.174
1.349
1.399
1.109
1.179
0.966
22
23.12
ROIC%
18.89
20.02
21.86
24.21
22.52
19.53
17.59
18.88
16.55
16.96
28.29
17.59
19.21
50
18.90
Return on equity%
15.01
14.56
16.45
17.09
15.83
13.45
12.00
14.97
14.45
14.97
17.21
14.45
14.97
34
14.09
Return on assets%
10.65
10.62
10.02
12.35
10.67
11.73
13.58
11.48
13.91
13.50
7.12
13.50
11.60
9
0.59
EPS€
1.88
2.16
2.40
2.47
2.29
2.34
2.68
2.50
2.41
2.29
0.61
0.02%
3.05%
—
18.69
EPS growth%
4.33
5.35
6.55
9.09
10.78
13.59
12.21
15.04
16.68
14.11
19.05
14.11
11.50
80
0.80
Bookvalue per sh€
1.48
1.66
1.94
2.25
2.33
2.29
2.24
2.19
2.27
2.14
0.35
(1.75%)
4.45%
—
0.72
FCF per share€
1.13
1.11
1.08
1.03
1.10
1.10
1.06
1.17
1.22
1.23
1.08
2.32%
2.09%
—
0.94
Dividend per sh€
0.90
1.08
1.06
1.05
1.20
1.29
1.50
1.60
1.77
2.01
0.19
10.90%
8.25%
—
17.30
Div yield (avg)%
24.08
26.39
29.19
30.95
28.73
30.97
31.88
30.57
32.03
32.56
27.37
31.88
30.76
20
4.60
Payout ratio%
23.87
21.76
22.22
20.33
21.72
23.32
24.75
27.60
25.63
25.55
11.73
25.55
23.60
77
49.42
Shares (diluted)M
67.13
64.72
63.67
72.09
81.52
84.44
90.88
89.40
97.75
101.6
48.64
4.51%
5.41%
44
24.32
Buyback yield%
29.44
32.07
33.91
36.33
33.65
35.36
35.85
35.17
37.60
38.20
21.50
35.85
35.26
45
1.192
D/E ratiox
0.636
0.750
0.885
1.060
1.113
1.233
1.336
1.550
1.846
1.807
0.824
1.550
1.173
10
46.17
Enterprise value€M
156.9
154.7
169.4
168.2
154.5
176.4
173.2
194.4
213.8
231.4
40.09
8.41%
3.27%
41
100.5
LT debt€M
144.8
146.7
175.4
182.1
186.1
197.6
199.2
205.1
237.6
255.2
85.17
6.51%
7.80%
55
Revenue
€118.2M
3.11%
1.00×
Cost of revenue
€78.89M
3.06%
1.00×
Operating expenses
€28.04M
3.35%
1.02×
Cash and investments
17.07%
Goodwill & intangibles
16.74%
Spread over hurdle
(4.44%)