0.845
Revenue€M
2.890
3.186
3.440
3.787
4.167
4.492
4.768
5.110
5.588
6.117
0.912
7.98%
8.56%
25
3.29
Revenue growth%
22.37
20.66
19.08
18.24
15.88
12.97
12.42
13.14
13.96
15.47
4.21
13.14
15.68
28
25.79
Gross margin%
30.49
29.31
29.87
29.44
28.65
26.43
25.61
27.94
25.66
27.83
24.96
26.43
28.29
45
22.18
Operating margin%
32.03
31.24
32.36
34.96
37.90
40.21
39.30
38.11
36.06
33.64
22.96
38.11
35.51
6
4.90
Net margin%
27.19
24.56
24.84
22.90
23.47
24.57
24.20
24.27
24.18
27.03
8.09
24.27
24.42
58
8.520
P/E ratio (avg)x
24.44
23.62
26.25
28.42
27.34
27.79
28.40
29.80
29.03
26.40
10.50
28.40
27.56
27
32.71
EV/EBITx
33.57
35.04
38.91
42.28
46.90
53.40
50.97
59.38
66.95
66.84
16.75
59.38
48.94
73
5.10
FCF yield (avg)%
15.37
13.06
10.45
10.58
11.11
9.09
8.40
8.31
10.79
12.70
12.72
9.09
10.69
29
11.52
FCF margin%
7.76
9.57
9.94
10.87
10.15
8.79
8.25
10.46
12.78
10.80
23.88
10.46
10.05
38
1.236
FCF / Net incomex
1.172
1.201
1.190
1.138
1.028
0.974
1.067
1.167
1.216
1.301
0.822
1.167
1.169
19
15.18
ROIC%
23.63
21.11
18.31
19.79
17.84
14.98
17.24
16.40
14.10
12.50
28.00
14.98
17.54
94
10.41
Return on equity%
25.27
22.76
21.75
21.23
20.35
19.43
17.19
18.92
16.60
15.70
27.64
17.19
19.89
10
12.61
Return on assets%
30.64
29.42
29.99
27.36
27.40
25.28
26.88
28.75
27.76
25.53
2.77
26.88
27.58
21
0.02
EPS€
0.12
0.13
0.13
0.13
0.14
0.14
0.14
0.16
0.18
0.21
0.02
7.76%
6.14%
—
13.47
EPS growth%
18.54
17.25
19.14
20.67
20.61
22.52
24.60
22.01
23.07
25.94
4.70
23.07
21.34
35
0.05
Bookvalue per sh€
0.10
0.11
0.12
0.12
0.12
0.12
0.13
0.15
0.16
0.18
0.13
8.75%
7.33%
—
0.05
FCF per share€
0.07
0.07
0.06
0.05
0.05
0.05
0.04
0.04
0.04
0.03
0.06
(6.62%)
(7.18%)
—
0.12
Dividend per sh€
0.12
0.12
0.12
0.12
0.12
0.13
0.13
0.15
0.16
0.18
0.09
8.36%
3.93%
—
28.12
Div yield (avg)%
8.89
8.90
8.37
8.14
9.00
6.04
8.86
10.70
9.48
11.84
6.63
9.48
8.90
76
29.15
Payout ratio%
14.55
16.13
14.58
17.01
19.03
20.28
21.66
24.15
22.45
24.82
8.29
22.45
19.66
39
18.42
Shares (diluted)M
27.51
31.45
31.20
36.70
39.40
42.24
48.32
55.60
58.26
59.80
18.89
8.70%
8.74%
40
11.80
Buyback yield%
10.68
9.53
9.40
10.76
11.93
14.04
14.91
15.30
12.52
13.39
18.95
14.04
12.23
31
1.676
D/E ratiox
1.143
1.150
1.179
1.148
1.328
1.381
1.464
1.491
1.722
1.973
1.046
1.491
1.354
60
1.047
Enterprise value€M
4.313
5.173
6.014
6.453
6.525
6.991
6.952
7.481
8.760
9.536
3.159
7.88%
8.98%
70
0.743
LT debt€M
2.229
2.101
2.013
2.035
1.986
2.000
1.810
1.857
2.026
2.172
1.632
1.80%
(0.21%)
31
Revenue
€6.117M
8.56%
1.00×
Cost of revenue
€4.228M
8.42%
0.99×
Operating expenses
€1.038M
8.61%
1.00×
Cash and investments
14.57%
Spread over hurdle
(5.27%)