120.4
Revenue€M
472.5
477.5
496.1
511.7
519.3
534.3
552.7
578.1
602.6
610.1
132.6
3.28%
2.75%
34
2.18
Revenue growth%
8.71
8.81
8.65
6.11
7.01
9.69
11.54
10.10
9.93
9.63
20.34
9.93
9.22
58
28.36
Gross margin%
15.28
17.42
15.12
17.67
19.56
16.89
16.95
17.01
15.45
17.54
27.90
16.95
16.98
57
5.64
Operating margin%
12.77
11.00
12.04
10.70
8.26
10.02
7.69
5.10
4.02
1.65
19.62
5.10
9.14
86
23.42
Net margin%
16.28
15.86
17.99
16.41
14.50
16.47
14.83
14.64
16.39
15.56
28.66
15.56
16.07
79
35.23
P/E ratio (avg)x
7.559
8.128
7.331
6.694
6.704
6.368
5.750
6.245
5.631
5.802
28.98
5.802
6.531
65
27.01
EV/EBITx
15.61
15.83
17.52
18.81
18.92
21.40
21.77
21.90
20.47
20.27
30.62
21.40
19.59
24
2.49
FCF yield (avg)%
2.98
3.80
5.99
8.07
8.39
7.57
8.54
6.85
9.18
6.54
14.50
7.57
7.21
25
9.57
FCF margin%
22.65
20.09
19.83
18.70
17.94
15.91
15.10
12.76
13.41
14.07
29.81
14.07
16.93
26
0.932
FCF / Net incomex
0.219
0.225
0.217
0.207
0.183
0.181
0.160
0.173
0.164
0.149
1.520
0.164
0.182
19
18.14
ROIC%
13.68
14.01
16.96
14.02
15.32
17.00
17.09
18.43
17.77
19.53
15.21
17.77
16.98
89
9.49
Return on equity%
7.41
4.99
6.95
7.77
10.38
7.70
6.13
5.23
4.84
2.01
6.03
5.23
6.54
39
5.13
Return on assets%
0.40
0.40
1.94
4.45
3.55
5.73
3.20
6.02
8.22
10.21
22.61
6.02
4.00
61
1.80
EPS€
2.06
1.95
2.10
2.19
2.10
2.05
1.98
2.17
2.15
2.03
2.02
(0.63%)
(0.52%)
—
21.64
EPS growth%
3.00
3.46
3.83
2.71
3.91
1.33
3.99
2.64
4.55
7.27
11.44
3.99
3.65
32
2.11
Bookvalue per sh€
1.41
1.59
1.72
1.78
1.76
2.08
2.27
2.66
3.08
3.32
2.00
13.55%
9.23%
—
1.26
FCF per share€
0.66
0.64
0.72
0.79
0.75
0.72
0.72
0.75
0.83
0.88
2.05
3.35%
2.55%
—
1.16
Dividend per sh€
1.11
1.25
1.31
1.49
1.54
1.53
1.51
1.64
1.61
1.81
1.60
3.23%
5.12%
—
14.30
Div yield (avg)%
15.57
15.48
15.71
12.84
12.72
13.59
12.77
9.93
11.55
10.67
21.21
11.55
12.81
70
24.90
Payout ratio%
2.65
2.67
1.87
1.31
0.40
0.40
0.40
0.47
2.54
1.14
22.14
0.47
1.22
42
153.7
Shares (diluted)M
152.7
161.7
167.5
150.0
142.5
135.6
146.9
146.8
143.4
149.1
150.1
0.90%
(0.49%)
27
6.63
Buyback yield%
13.72
13.75
15.24
13.70
15.29
12.42
13.13
15.47
15.78
18.60
21.17
15.47
14.50
88
0.358
D/E ratiox
2.036
2.192
2.187
1.980
2.165
2.100
2.068
1.887
1.838
1.843
1.391
1.887
2.052
42
325.3
Enterprise value€M
615.4
596.4
530.4
507.9
535.0
530.8
544.5
508.9
463.4
445.0
591.6
(3.62%)
(4.12%)
33
0.791
LT debt€B
1.033
1.173
1.233
1.266
1.239
1.240
1.296
1.401
1.608
1.609
0.702
5.37%
5.26%
24
Revenue
€610.1M
2.75%
1.00×
Cost of revenue
€303.4M
2.38%
0.96×
Operating expenses
€100.9M
3.37%
1.06×
Spread over hurdle
89.11%