171.1
Revenue€M
93.23
99.22
106.5
116.7
124.7
137.7
147.7
157.7
170.1
182.1
186.3
7.87%
7.96%
53
24.59
Revenue growth%
8.73
11.47
14.25
12.20
14.51
16.68
15.80
16.49
19.29
20.37
15.94
16.68
15.15
92
19.36
Gross margin%
15.55
16.48
16.95
16.35
15.47
17.03
19.71
18.76
19.37
21.96
25.39
19.37
16.99
79
19.58
Operating margin%
16.38
14.29
11.30
10.83
9.99
12.59
13.77
14.99
17.51
17.05
2.87
14.99
14.03
56
3.82
Net margin%
2.94
0.50
0.40
1.36
0.62
0.40
0.51
0.40
1.13
0.96
9.77
0.51
0.57
45
15.56
P/E ratio (avg)x
18.66
18.44
18.07
18.98
17.09
16.11
16.63
15.54
15.04
16.22
21.93
16.11
16.86
77
23.54
EV/EBITx
25.45
26.39
24.99
25.08
25.27
24.65
25.86
22.40
24.14
21.58
34.63
24.14
25.04
16
8.82
FCF yield (avg)%
23.52
21.92
19.67
20.67
23.06
23.82
26.39
27.49
29.44
28.72
5.52
27.49
23.67
5
13.85
FCF margin%
3.93
1.98
0.40
0.40
1.49
0.91
0.40
0.40
1.98
1.72
24.75
0.91
1.20
66
0.818
FCF / Net incomex
0.973
0.863
0.929
0.869
0.852
0.791
0.714
0.663
0.690
0.673
0.674
0.690
0.822
40
18.84
ROIC%
21.37
22.84
22.03
22.70
25.02
25.76
23.56
24.37
22.02
23.07
28.43
23.56
22.95
81
14.41
Return on equity%
17.90
20.25
20.62
21.55
21.52
21.74
23.64
26.52
25.17
26.08
19.31
25.17
21.64
94
16.38
Return on assets%
10.73
7.96
5.41
3.97
5.24
7.19
5.50
6.68
6.98
9.74
3.53
6.98
6.83
43
0.92
EPS€
0.57
0.53
0.48
0.48
0.51
0.54
0.56
0.61
0.67
0.62
0.97
3.75%
0.90%
—
20.22
EPS growth%
20.02
20.86
21.00
19.12
19.82
21.79
19.36
17.66
19.55
19.85
28.09
19.55
19.83
51
1.06
Bookvalue per sh€
1.36
1.27
1.27
1.26
1.15
1.28
1.29
1.42
1.27
1.40
1.21
4.01%
0.61%
—
1.38
FCF per share€
0.44
0.44
0.47
0.50
0.49
0.56
0.57
0.64
0.69
0.72
0.93
7.85%
6.30%
—
0.50
Dividend per sh€
1.86
1.89
1.87
2.09
2.34
2.51
2.51
2.35
2.27
2.11
1.03
(2.08%)
0.75%
—
11.35
Div yield (avg)%
14.59
16.79
14.12
12.29
15.19
14.23
16.18
14.86
12.03
10.51
11.09
14.23
14.41
35
11.30
Payout ratio%
28.30
30.26
31.21
30.48
27.88
25.76
24.61
26.16
27.17
27.36
25.64
26.16
27.62
58
33.19
Shares (diluted)M
47.31
48.23
54.72
54.72
59.39
62.87
67.45
78.24
77.12
88.76
34.56
8.37%
6.99%
6
24.15
Buyback yield%
13.90
13.25
10.81
10.24
10.38
9.87
7.56
8.64
6.99
9.06
12.67
8.64
10.05
62
0.167
D/E ratiox
0.329
0.387
0.466
0.555
0.653
0.754
0.797
0.904
0.934
1.084
0.123
0.904
0.703
31
159.1
Enterprise value€M
101.4
88.44
87.92
74.46
65.46
61.74
65.58
70.42
65.45
70.72
78.75
1.56%
(4.12%)
23
42.45
LT debt€M
48.92
43.85
46.28
40.70
44.57
41.97
39.86
41.43
37.67
33.90
111.6
(5.32%)
(3.33%)
57
Revenue
€182.1M
7.96%
1.00×
Cost of revenue
€127.5M
7.96%
1.00×
Operating expenses
€26.24M
8.37%
1.04×
Goodwill & intangibles
19.94%
Spread over hurdle
(4.86%)