27.47
Revenue€M
86.44
89.63
94.21
97.92
101.5
104.5
105.6
108.8
114.2
118.7
29.95
3.17%
3.57%
12
8.86
Revenue growth%
1.70
0.71
1.63
2.68
0.40
0.40
0.40
1.13
0.40
0.40
8.84
0.40
0.56
8
3.51
Gross margin%
27.04
27.12
25.43
28.22
27.68
25.34
25.44
27.98
30.73
27.86
5.30
27.86
27.40
87
10.82
Operating margin%
13.73
11.19
12.51
13.41
13.10
10.45
12.89
14.51
12.27
12.65
26.46
12.65
12.77
14
23.84
Net margin%
11.79
14.32
14.27
16.95
19.84
17.49
17.66
20.38
22.03
21.92
29.76
20.38
17.58
70
27.94
P/E ratio (avg)x
34.02
34.90
34.86
37.14
43.09
42.22
44.06
42.89
47.74
47.97
24.73
44.06
42.56
23
24.08
EV/EBITx
11.59
13.58
13.72
13.79
14.81
15.01
15.83
14.99
14.84
16.84
28.25
15.01
14.82
65
16.24
FCF yield (avg)%
13.71
15.84
18.32
16.83
18.74
20.61
21.67
22.96
24.00
25.31
5.13
22.96
19.68
82
29.61
FCF margin%
0.40
2.22
4.97
2.09
3.57
3.94
2.34
0.40
3.17
1.01
19.96
2.34
2.28
32
1.135
FCF / Net incomex
1.004
0.910
0.849
0.758
0.785
0.782
0.771
0.775
0.774
0.777
0.518
0.775
0.779
67
15.24
ROIC%
7.32
9.75
11.61
11.12
8.42
8.69
9.86
9.42
10.58
9.41
13.53
9.42
9.58
16
3.47
Return on equity%
26.45
25.73
23.53
23.89
23.99
21.50
21.32
23.47
25.43
25.79
17.07
23.47
23.94
27
13.32
Return on assets%
14.40
14.82
14.18
14.53
14.42
14.66
14.13
13.31
15.05
14.65
4.95
14.65
14.47
42
7.20
EPS€
11.04
11.76
11.22
12.44
13.10
13.01
12.83
14.86
15.39
17.40
7.56
5.83%
6.25%
—
27.01
EPS growth%
9.26
7.58
6.27
5.67
6.06
4.41
5.62
3.41
4.39
6.75
14.46
4.41
5.86
90
4.39
Bookvalue per sh€
6.08
7.22
8.48
9.21
9.00
10.58
10.44
10.73
12.05
13.29
2.46
8.11%
10.18%
—
3.96
FCF per share€
7.11
7.85
8.65
9.02
9.48
9.95
9.95
9.90
11.00
12.11
4.18
5.01%
5.93%
—
3.37
Dividend per sh€
12.10
13.18
12.95
15.17
16.04
18.55
21.48
23.44
27.43
28.35
5.86
12.06%
9.11%
—
5.85
Div yield (avg)%
22.31
21.29
23.42
23.87
21.44
19.41
19.73
17.00
19.39
20.11
4.96
19.41
20.70
45
24.05
Payout ratio%
18.16
18.38
18.66
20.26
20.51
20.64
21.17
18.26
16.85
15.00
14.69
18.26
18.52
92
4.116
Shares (diluted)M
5.961
6.370
6.787
7.543
7.537
8.446
8.299
7.829
9.176
9.812
4.066
5.42%
6.00%
68
19.08
Buyback yield%
11.71
12.62
11.25
14.05
13.80
10.85
12.38
11.91
10.24
12.42
10.52
11.91
12.14
64
0.623
D/E ratiox
0.376
0.455
0.478
0.552
0.638
0.621
0.659
0.722
0.817
0.802
0.539
0.722
0.629
82
108.2
Enterprise value€M
94.21
94.23
92.57
102.0
118.8
116.6
116.4
116.4
127.9
143.7
82.33
3.88%
4.56%
89
75.65
LT debt€M
81.60
86.96
89.06
91.54
94.60
102.0
118.5
130.7
139.4
160.8
45.91
11.20%
9.08%
48
Revenue
€118.7M
3.57%
1.00×
Cost of revenue
€83.08M
3.57%
1.00×
Operating expenses
€22.67M
3.53%
1.00×
Goodwill & intangibles
17.82%
Spread over hurdle
(3.55%)