177.8
Revenue€M
451.7
457.0
472.6
485.3
504.2
511.0
511.9
517.2
515.0
528.6
185.5
0.95%
1.65%
37
14.95
Revenue growth%
20.02
21.97
19.32
17.72
14.94
12.13
15.11
15.56
18.45
18.41
2.50
15.56
18.06
76
10.27
Gross margin%
2.96
2.12
1.98
4.08
6.02
8.34
11.26
8.28
6.53
4.64
4.05
8.28
5.33
65
18.36
Operating margin%
6.77
7.97
6.91
5.30
3.53
5.32
3.92
4.01
5.93
8.87
5.54
5.32
5.63
81
8.45
Net margin%
35.20
36.92
37.89
37.46
37.89
37.22
35.63
37.51
39.43
39.68
25.05
37.51
37.48
28
11.02
P/E ratio (avg)x
17.67
20.51
21.05
23.42
23.04
24.37
28.50
29.71
29.68
33.91
24.61
29.68
23.89
71
32.05
EV/EBITx
14.48
12.77
11.00
10.34
9.077
9.500
8.678
8.431
8.198
7.340
16.18
8.431
9.288
40
15.31
FCF yield (avg)%
15.91
18.90
18.27
17.18
16.48
13.61
12.87
15.45
16.40
17.66
22.96
15.45
16.44
13
21.84
FCF margin%
31.46
34.38
34.33
37.21
34.38
34.74
34.54
36.45
35.81
38.39
11.58
35.81
34.64
33
1.530
FCF / Net incomex
0.735
0.862
0.969
1.022
1.168
1.154
1.225
1.205
1.270
1.400
1.604
1.225
1.161
47
18.40
ROIC%
29.48
28.10
28.69
27.11
29.65
28.40
26.83
25.24
23.97
22.16
13.97
25.24
27.61
79
13.95
Return on equity%
24.43
25.08
23.57
24.85
24.88
22.50
21.02
21.83
24.76
26.39
3.34
22.50
24.59
86
18.28
Return on assets%
3.70
0.90
2.27
3.26
4.06
6.51
4.35
5.46
3.51
0.76
4.62
4.35
3.60
89
0.63
EPS€
4.18
3.82
3.51
3.66
3.47
3.84
4.28
4.58
4.66
5.14
0.69
8.16%
3.26%
—
19.62
EPS growth%
11.65
8.98
9.89
10.74
8.84
8.86
7.34
8.09
6.74
6.23
8.72
7.34
8.85
23
1.56
Bookvalue per sh€
1.82
2.01
2.27
2.17
2.06
2.36
2.38
2.29
2.25
2.52
2.89
4.18%
2.82%
—
0.95
FCF per share€
1.18
1.07
1.18
1.19
1.12
1.03
1.08
1.07
1.09
1.16
2.89
0.67%
(1.32%)
—
0.95
Dividend per sh€
3.02
3.12
3.45
3.63
3.67
3.47
3.90
4.13
3.90
3.60
2.98
(0.35%)
2.83%
—
7.52
Div yield (avg)%
27.49
30.46
32.41
30.70
28.26
27.92
29.25
28.47
25.88
24.94
24.98
27.92
28.36
52
29.56
Payout ratio%
27.18
28.79
26.33
27.18
29.00
31.48
28.51
29.76
29.94
28.57
14.96
29.76
28.68
61
141.4
Shares (diluted)M
175.8
198.1
198.0
221.3
214.2
216.9
234.4
221.5
211.6
210.5
141.0
(0.35%)
2.43%
5
20.50
Buyback yield%
15.17
12.61
10.19
12.28
13.27
13.21
15.07
12.29
9.79
8.80
9.20
12.29
12.45
74
0.379
D/E ratiox
0.864
0.924
0.960
0.958
1.095
1.202
1.337
1.503
1.428
1.589
1.065
1.428
1.148
76
164.0
Enterprise value€M
256.8
278.2
272.7
276.4
275.0
281.9
311.8
348.4
381.2
443.8
301.7
10.04%
6.35%
70
58.17
LT debt€M
175.2
167.6
184.5
189.8
205.5
234.8
249.5
292.1
317.5
300.0
207.6
7.86%
6.90%
52
Revenue
€528.6M
1.65%
1.00×
Cost of revenue
€348.8M
1.88%
1.02×
Operating expenses
€99.80M
1.33%
0.97×
Property and equipment
21.23%
Spread over hurdle
(1.72%)