40.95
Revenue€M
63.26
69.42
74.51
80.98
90.00
99.65
108.5
117.5
125.7
136.4
43.74
8.67%
8.68%
32
26.36
Revenue growth%
30.38
30.79
31.46
32.79
34.63
32.13
31.60
33.30
35.49
37.32
17.32
33.30
32.46
45
16.74
Gross margin%
25.20
27.08
28.42
25.82
25.05
25.15
22.98
21.15
22.26
23.78
24.28
22.98
25.10
38
16.86
Operating margin%
3.29
2.51
1.26
0.40
0.40
3.16
2.81
4.46
1.51
1.54
3.74
2.81
2.02
25
5.34
Net margin%
21.85
23.84
23.45
25.90
25.25
26.86
24.82
23.72
24.60
26.37
8.94
24.82
24.71
69
10.70
P/E ratio (avg)x
17.06
16.17
15.26
16.11
14.78
16.58
15.85
18.10
18.62
18.99
6.792
18.10
16.37
19
29.31
EV/EBITx
46.64
45.85
50.09
52.35
52.57
58.41
57.78
66.74
68.26
66.58
12.23
66.58
55.18
85
27.07
FCF yield (avg)%
4.63
4.97
6.92
6.12
8.64
10.55
13.11
15.50
13.62
11.80
5.52
13.11
9.59
88
23.25
FCF margin%
22.41
20.14
21.77
19.57
21.03
20.12
19.09
21.43
19.40
17.28
11.23
19.40
20.13
67
1.338
FCF / Net incomex
0.611
0.663
0.758
0.759
0.868
0.813
0.845
0.852
0.922
0.937
0.581
0.852
0.829
31
20.98
ROIC%
24.26
23.20
23.01
24.31
22.08
24.89
26.21
25.35
24.46
22.06
21.50
24.89
24.28
73
16.77
Return on equity%
21.72
21.37
22.03
24.16
24.58
22.30
21.17
20.20
19.62
18.49
24.28
20.20
21.55
82
3.58
Return on assets%
27.50
24.51
26.41
23.43
24.13
25.27
26.43
25.27
27.99
29.51
14.20
26.43
25.84
61
11.10
EPS€
8.08
8.44
8.73
8.85
8.95
9.39
8.26
8.43
7.93
7.40
11.84
(3.73%)
(0.49%)
—
10.34
EPS growth%
8.76
8.07
10.58
11.76
9.47
6.66
7.95
5.29
2.75
0.57
7.40
5.29
8.01
20
12.83
Bookvalue per sh€
6.59
6.20
6.85
6.15
6.54
7.16
7.50
7.60
7.72
8.24
3.99
4.73%
3.09%
—
5.37
FCF per share€
12.29
14.42
14.87
14.58
16.56
18.04
19.64
22.07
23.52
24.59
13.45
8.23%
7.74%
—
8.15
Dividend per sh€
10.33
9.88
10.70
10.73
10.77
10.84
11.43
12.51
11.65
10.34
13.53
(0.81%)
0.13%
—
24.67
Div yield (avg)%
10.37
10.91
10.52
13.03
11.17
13.50
13.39
13.05
14.90
13.16
16.81
13.39
13.04
34
28.17
Payout ratio%
17.33
19.97
18.51
19.15
18.63
19.29
21.86
21.26
18.37
19.45
5.55
19.45
19.22
64
7.291
Shares (diluted)M
6.214
5.977
5.618
6.057
6.314
6.366
6.711
6.968
6.572
6.880
7.073
1.73%
(0.06%)
82
24.69
Buyback yield%
21.54
19.04
18.20
18.13
16.16
18.81
18.37
18.09
15.16
13.15
22.61
18.09
18.16
53
1.509
D/E ratiox
1.813
1.750
1.710
1.665
1.726
1.892
2.129
2.511
2.834
2.981
1.047
2.511
1.853
46
72.38
Enterprise value€M
8.165
8.916
8.244
8.764
8.118
7.670
8.071
7.785
7.263
7.448
130.8
(1.71%)
(1.85%)
78
125.5
LT debt€M
167.1
177.4
175.2
189.4
195.4
216.7
217.4
221.1
210.7
213.6
101.0
1.79%
3.44%
32
Revenue
€136.4M
8.68%
1.00×
Cost of revenue
€72.56M
8.34%
0.97×
Operating expenses
€21.96M
8.94%
1.02×
Cash and investments
15.51%
Spread over hurdle
17.52%