239.5
Revenue€M
243.1
261.0
277.7
291.2
315.6
337.7
354.3
371.3
402.5
423.0
261.9
6.04%
6.49%
44
15.18
Revenue growth%
20.73
23.43
22.20
23.62
21.71
24.54
23.93
22.95
24.37
23.15
9.73
23.93
23.29
31
13.20
Gross margin%
27.57
29.73
27.59
30.39
28.16
26.95
27.48
25.69
25.10
25.17
5.83
25.69
27.53
79
15.34
Operating margin%
23.04
20.60
20.35
17.84
20.15
17.25
17.95
19.93
17.79
20.19
3.36
17.95
20.04
54
27.46
Net margin%
8.92
9.10
8.93
8.64
10.47
8.99
6.90
5.99
3.11
1.92
2.98
5.99
8.78
21
28.70
P/E ratio (avg)x
28.17
28.59
27.46
24.63
26.53
27.21
24.90
26.66
26.80
26.26
12.16
26.66
26.73
13
20.59
EV/EBITx
10.46
10.57
11.02
12.03
11.86
10.66
10.82
11.92
10.97
10.92
31.43
10.92
10.95
94
24.25
FCF yield (avg)%
9.68
12.13
13.13
12.44
13.51
11.67
10.05
8.27
6.73
7.32
17.65
8.27
10.86
91
8.81
FCF margin%
22.60
23.95
23.86
22.98
20.55
20.85
22.72
24.50
22.23
22.62
16.57
22.62
22.67
52
1.746
FCF / Net incomex
0.938
0.972
1.120
1.231
1.392
1.381
1.517
1.491
1.528
1.712
1.092
1.517
1.387
76
10.15
ROIC%
8.04
5.41
5.94
6.18
7.19
5.70
2.72
0.58
0.40
2.12
28.83
2.12
5.56
17
9.83
Return on equity%
15.47
18.41
17.73
18.31
17.04
17.94
15.13
16.99
18.43
16.84
11.94
16.99
17.38
49
12.48
Return on assets%
4.42
1.63
0.40
0.40
0.40
1.63
0.40
0.40
0.40
1.72
13.38
0.40
0.40
41
2.28
EPS€
7.54
8.02
6.93
6.60
7.00
7.43
8.01
8.75
8.57
9.09
2.44
5.36%
1.64%
—
13.77
EPS growth%
23.57
24.08
23.54
24.13
25.28
26.56
26.39
26.92
28.42
29.60
14.56
26.92
25.84
58
10.11
Bookvalue per sh€
4.36
4.05
3.79
3.97
4.18
4.61
5.16
5.49
5.69
5.29
5.45
4.82%
2.59%
—
10.55
FCF per share€
8.18
7.42
6.71
6.93
6.75
6.80
6.57
6.09
6.88
6.33
7.13
(1.28%)
(2.41%)
—
3.13
Dividend per sh€
7.45
7.40
8.05
8.51
8.62
9.37
8.77
8.78
9.54
9.76
4.36
2.52%
2.58%
—
9.57
Div yield (avg)%
4.18
3.79
3.31
4.86
7.21
5.87
4.38
5.92
6.01
8.53
2.50
5.92
5.36
83
17.03
Payout ratio%
32.39
34.87
33.70
33.55
32.08
34.44
35.78
36.30
39.09
41.79
15.82
36.30
34.66
65
51.88
Shares (diluted)M
82.71
87.69
103.5
113.0
123.9
123.5
128.3
152.4
153.4
168.9
51.02
6.39%
8.26%
44
27.76
Buyback yield%
10.63
8.45
9.02
6.17
3.61
1.93
0.40
0.40
0.40
1.81
22.92
0.40
2.77
37
0.864
D/E ratiox
1.833
1.908
2.008
2.358
2.275
2.445
2.791
2.883
3.333
3.438
0.561
2.883
2.402
50
320.7
Enterprise value€M
141.0
151.0
153.9
149.0
129.9
135.6
142.5
144.7
146.4
136.9
271.5
1.06%
(0.84%)
82
36.95
LT debt€M
190.4
199.1
222.2
247.1
268.7
263.2
256.3
272.7
297.6
300.1
157.0
2.23%
5.40%
28
Revenue
€423.0M
6.49%
1.00×
Cost of revenue
€275.0M
6.97%
1.05×
Operating expenses
€69.06M
5.66%
0.92×
Property and equipment
14.80%
Spread over hurdle
(3.36%)