20.87
Revenue€M
109.8
115.1
119.8
122.4
127.8
134.1
141.9
150.5
154.1
160.5
22.01
4.67%
4.01%
14
20.10
Revenue growth%
3.26
5.92
6.97
9.47
6.49
4.79
4.92
4.76
5.86
6.39
12.86
4.92
5.89
93
29.21
Gross margin%
24.94
23.67
22.30
24.68
23.03
22.25
20.58
20.74
19.74
20.35
9.35
20.58
22.28
17
18.20
Operating margin%
24.08
25.82
25.45
24.52
26.50
27.12
27.83
30.42
29.91
32.03
6.44
29.91
26.81
31
15.47
Net margin%
12.29
10.77
9.53
11.55
10.37
7.88
9.92
7.98
7.05
4.46
10.32
7.88
9.73
73
10.57
P/E ratio (avg)x
17.09
18.21
17.25
17.76
18.54
18.24
18.76
20.84
23.66
27.57
14.10
20.84
18.39
67
34.70
EV/EBITx
11.63
11.53
12.09
11.62
13.54
13.76
15.78
15.17
15.22
14.19
9.989
15.17
13.65
21
29.16
FCF yield (avg)%
33.59
35.72
33.80
32.31
32.57
33.88
36.36
39.08
38.06
40.19
22.51
38.06
34.80
60
21.84
FCF margin%
24.32
22.00
21.08
23.63
25.11
23.73
23.12
23.79
23.86
25.52
5.74
23.79
23.76
94
1.581
FCF / Net incomex
0.950
0.951
0.915
1.062
1.014
1.012
0.965
0.922
0.996
1.130
1.576
0.996
0.981
73
4.15
ROIC%
6.11
7.14
6.64
7.37
4.95
6.77
7.60
6.33
8.52
7.28
15.31
7.28
6.95
69
9.36
Return on equity%
29.66
27.62
30.41
32.95
30.84
29.48
30.33
27.49
29.82
31.44
16.56
29.82
30.07
40
5.17
Return on assets%
9.81
8.65
9.09
8.21
8.21
8.83
6.01
6.00
4.46
2.77
4.43
6.00
8.21
54
2.83
EPS€
1.69
1.48
1.37
1.27
1.27
1.14
1.02
1.13
1.04
0.99
2.96
(4.92%)
(4.39%)
—
10.28
EPS growth%
23.04
20.87
18.66
18.87
16.83
16.81
15.47
17.02
18.86
18.19
9.80
17.02
18.42
15
2.39
Bookvalue per sh€
3.99
4.55
4.54
4.94
5.80
6.01
7.20
7.90
8.16
8.07
1.72
6.83%
8.47%
—
2.98
FCF per share€
2.18
2.32
2.25
2.13
2.45
2.47
2.54
2.69
2.66
2.94
0.83
3.71%
3.42%
—
2.97
Dividend per sh€
2.77
3.00
3.10
3.17
3.23
3.62
3.89
4.29
4.22
4.51
1.50
6.95%
5.08%
—
15.17
Div yield (avg)%
24.75
27.11
28.65
27.42
27.17
28.74
30.30
28.37
28.90
29.91
29.13
28.90
28.51
88
21.63
Payout ratio%
18.83
16.31
16.65
17.59
15.44
13.85
13.72
12.06
14.14
15.47
17.31
13.85
15.46
95
22.37
Shares (diluted)M
36.24
41.14
45.05
47.31
49.47
56.70
54.59
58.30
58.31
57.34
22.22
3.00%
4.23%
29
8.00
Buyback yield%
0.40
2.50
1.18
1.81
0.40
0.59
0.40
1.97
1.27
0.40
28.25
0.59
0.89
40
0.616
D/E ratiox
0.813
0.789
0.791
0.887
0.807
0.829
0.805
0.740
0.664
0.695
0.447
0.740
0.798
87
66.62
Enterprise value€M
111.5
113.5
119.1
130.5
124.0
144.1
159.7
163.1
184.1
195.1
85.28
9.49%
7.46%
30
21.73
LT debt€M
88.92
87.30
87.71
91.56
102.1
94.39
100.2
97.42
102.5
98.65
135.4
(0.68%)
0.80%
58
Revenue
€160.5M
4.01%
1.00×
Cost of revenue
€93.45M
4.42%
1.04×
Operating expenses
€37.25M
3.33%
0.94×
Cash and investments
16.83%
Spread over hurdle
21.99%