244.1
Revenue€M
214.3
234.0
250.2
271.1
295.4
317.2
344.1
367.4
403.0
433.9
263.1
7.99%
8.12%
8
9.64
Revenue growth%
1.37
2.36
3.52
3.93
6.14
6.46
5.19
3.98
5.43
5.25
19.75
5.25
4.58
64
18.03
Gross margin%
21.56
19.25
19.16
17.67
20.60
18.69
16.81
18.87
16.89
17.30
9.35
17.30
18.78
15
21.70
Operating margin%
27.33
24.82
27.55
25.47
28.08
30.08
28.42
30.04
32.20
34.45
8.88
30.08
28.25
55
6.75
Net margin%
31.23
33.90
32.42
31.95
30.16
28.17
28.64
29.29
27.49
29.81
29.67
28.64
29.98
67
34.47
P/E ratio (avg)x
20.03
21.67
22.05
20.81
22.35
25.88
28.44
27.69
30.68
34.13
18.69
28.44
24.11
17
22.75
EV/EBITx
33.09
33.13
29.55
27.75
28.64
26.97
28.92
25.41
26.21
24.03
12.43
26.21
28.20
65
19.56
FCF yield (avg)%
7.52
6.38
3.40
1.54
4.23
3.25
4.32
4.88
2.52
1.59
4.31
3.25
3.81
50
18.45
FCF margin%
29.41
29.06
27.58
27.53
25.92
25.21
26.48
25.28
26.47
26.07
10.94
26.07
26.47
27
1.379
FCF / Net incomex
0.453
0.456
0.484
0.438
0.413
0.376
0.382
0.365
0.343
0.324
0.261
0.365
0.398
24
2.06
ROIC%
11.54
12.56
9.84
12.42
12.44
14.89
15.78
13.87
11.44
9.15
26.60
13.87
12.43
6
9.93
Return on equity%
29.31
27.06
25.24
23.68
23.87
26.43
27.59
26.73
29.05
29.97
10.01
27.59
26.90
87
21.93
Return on assets%
14.95
13.58
16.32
18.83
19.61
21.67
21.48
21.59
22.83
22.82
12.86
21.67
20.55
29
1.03
EPS€
1.43
1.43
1.39
1.55
1.50
1.68
1.52
1.61
1.66
1.82
1.15
4.03%
3.25%
—
25.91
EPS growth%
20.14
20.90
22.47
19.51
20.83
17.85
16.45
18.17
15.67
17.92
6.62
17.85
18.84
90
1.96
Bookvalue per sh€
2.20
2.32
2.56
2.99
3.01
3.14
3.48
3.73
3.90
4.21
2.35
6.92%
6.20%
—
1.20
FCF per share€
0.52
0.60
0.66
0.69
0.69
0.63
0.61
0.68
0.65
0.70
1.42
0.21%
2.47%
—
2.42
Dividend per sh€
1.83
1.92
1.97
2.06
2.26
2.40
2.55
2.47
2.16
1.94
1.62
(2.98%)
1.53%
—
4.13
Div yield (avg)%
2.43
2.93
3.50
0.65
1.42
0.40
2.33
2.20
2.56
5.28
21.77
2.33
2.38
63
9.71
Payout ratio%
18.56
19.05
19.65
17.01
17.80
19.63
21.27
18.96
16.35
15.81
4.13
18.96
18.76
49
70.67
Shares (diluted)M
136.7
149.3
173.4
179.1
177.9
178.5
182.0
185.2
187.4
191.2
71.62
1.46%
5.07%
87
8.06
Buyback yield%
13.02
13.34
14.31
12.44
9.79
9.51
9.43
8.71
11.69
13.95
18.02
9.51
12.07
83
1.350
D/E ratiox
1.063
1.105
1.006
0.944
0.900
1.003
0.921
1.030
1.161
1.239
1.736
1.030
1.018
35
270.7
Enterprise value€M
356.6
339.8
334.1
348.7
352.3
361.7
389.2
387.9
389.1
354.2
297.2
0.11%
(1.20%)
7
135.2
LT debt€M
190.1
198.8
221.3
251.0
257.5
281.4
282.7
308.1
287.5
285.9
59.26
2.11%
3.70%
31
Revenue
€433.9M
8.12%
1.00×
Cost of revenue
€245.9M
7.71%
0.96×
Operating expenses
€84.60M
8.72%
1.06×
Cash and investments
15.69%
Spread over hurdle
18.65%