242.7
Revenue€M
289.0
298.2
309.4
331.8
341.5
351.5
363.0
378.1
389.1
399.4
259.6
3.18%
3.68%
28
13.06
Revenue growth%
11.71
9.86
7.20
4.27
2.71
1.30
1.92
4.84
2.98
2.26
10.97
2.26
3.62
81
25.22
Gross margin%
9.87
11.57
12.85
12.16
14.68
14.67
16.88
18.33
19.46
20.17
22.67
18.33
14.68
85
6.07
Operating margin%
30.63
31.46
31.77
33.80
36.61
37.38
36.48
37.68
37.44
40.26
20.60
37.44
36.54
59
9.26
Net margin%
10.54
9.98
7.17
4.85
5.80
3.08
1.01
0.40
1.19
1.33
7.00
1.19
3.96
48
28.26
P/E ratio (avg)x
13.96
14.36
13.05
13.25
13.18
13.20
11.97
10.84
11.75
10.62
11.80
11.75
13.12
51
17.00
EV/EBITx
12.07
11.92
11.21
11.65
11.19
10.45
11.54
11.71
12.48
11.92
11.42
11.71
11.68
85
26.16
FCF yield (avg)%
22.22
19.75
18.71
18.36
17.65
17.92
18.74
16.33
18.75
21.08
21.04
18.74
18.73
80
24.95
FCF margin%
12.24
10.31
12.80
13.91
14.57
15.16
16.15
15.06
17.65
18.06
18.59
16.15
14.81
40
1.600
FCF / Net incomex
0.267
0.302
0.314
0.327
0.316
0.323
0.333
0.344
0.351
0.342
1.290
0.342
0.325
49
27.30
ROIC%
20.91
22.86
22.36
25.18
26.96
27.22
28.33
30.69
30.82
28.52
21.30
28.52
27.09
30
17.80
Return on equity%
7.70
6.36
4.83
5.16
4.03
2.70
2.99
0.83
3.61
6.20
23.29
2.99
4.43
49
6.96
Return on assets%
12.91
12.40
15.21
13.77
15.02
13.97
16.41
17.73
19.30
21.09
4.40
17.73
15.11
26
12.53
EPS€
6.10
6.41
6.40
5.88
5.28
5.69
5.89
5.22
4.82
5.14
12.79
(0.56%)
(2.03%)
—
27.90
EPS growth%
8.27
7.01
8.42
9.23
9.81
9.20
10.30
9.96
8.08
6.11
5.90
9.20
8.81
87
8.59
Bookvalue per sh€
22.15
22.44
23.44
22.53
21.00
19.25
20.12
20.92
22.86
20.75
25.20
(0.24%)
(0.44%)
—
9.05
FCF per share€
18.43
16.89
17.73
17.48
17.13
18.53
20.06
17.60
18.90
19.68
4.93
2.82%
0.74%
—
7.97
Dividend per sh€
29.55
29.01
32.12
35.08
36.23
41.56
47.37
49.15
47.94
55.15
21.97
8.77%
5.75%
—
23.75
Div yield (avg)%
26.75
23.96
26.85
25.43
28.06
30.85
28.85
27.48
28.43
27.29
27.55
28.43
27.39
36
19.04
Payout ratio%
4.15
6.32
4.15
2.23
5.03
4.71
6.10
4.21
5.26
3.55
5.18
4.71
4.46
34
16.98
Shares (diluted)M
9.870
9.054
8.456
8.915
9.477
9.477
10.37
10.65
10.92
11.88
16.38
4.61%
0.46%
64
18.18
Buyback yield%
15.38
17.48
15.99
13.49
13.43
11.48
9.85
12.69
13.51
14.81
22.91
12.69
13.50
78
0.119
D/E ratiox
1.110
0.944
0.882
0.744
0.750
0.712
0.635
0.597
0.580
0.544
1.341
0.597
0.728
55
476.6
Enterprise value€M
20.37
20.28
20.37
22.57
21.05
19.40
19.34
20.42
18.70
20.45
140.0
(0.57%)
(0.54%)
89
0.513
LT debt€B
0.494
0.546
0.592
0.585
0.668
0.741
0.808
0.887
0.934
1.074
0.257
9.96%
9.42%
24
Revenue
€399.4M
3.68%
1.00×
Cost of revenue
€221.8M
3.55%
0.99×
Operating expenses
€50.69M
3.34%
0.97×
Goodwill & intangibles
15.51%
Spread over hurdle
(1.05%)