15.88
Revenue€M
16.99
18.48
19.47
21.32
22.83
23.95
25.26
27.23
29.44
31.05
17.25
6.34%
7.05%
75
16.46
Revenue growth%
22.65
20.10
20.97
21.15
23.23
22.62
21.57
23.07
21.44
20.89
16.89
21.57
21.50
10
3.05
Gross margin%
15.05
14.65
14.12
13.94
14.75
14.97
15.76
17.36
19.13
19.22
5.37
17.36
15.01
59
2.62
Operating margin%
25.30
23.83
26.79
28.65
28.04
25.70
28.11
28.45
27.74
27.53
15.68
27.74
27.64
55
21.74
Net margin%
21.03
22.23
21.00
19.99
17.16
14.73
17.35
18.83
19.06
21.67
14.77
18.83
19.52
60
13.53
P/E ratio (avg)x
39.24
38.46
39.69
47.02
54.88
54.96
55.72
64.41
64.85
76.90
34.31
64.41
54.92
48
32.06
EV/EBITx
27.65
30.14
33.51
39.12
38.94
42.95
42.51
46.17
43.73
42.89
33.51
42.95
40.82
8
27.50
FCF yield (avg)%
22.86
20.43
18.69
19.37
21.41
22.64
24.24
21.61
21.33
20.45
12.07
21.61
21.37
84
29.83
FCF margin%
28.88
28.61
28.08
30.91
32.48
35.12
32.52
32.46
30.77
28.12
27.85
32.46
30.84
23
1.669
FCF / Net incomex
2.503
2.854
3.387
3.545
3.772
3.856
4.354
4.964
5.948
6.524
0.261
4.964
3.814
25
22.82
ROIC%
5.24
6.78
6.20
7.70
6.29
8.30
6.34
7.69
7.73
9.74
2.59
7.73
7.24
81
6.44
Return on equity%
5.83
7.13
5.52
4.23
4.15
5.68
6.26
7.56
7.63
10.34
26.20
7.56
6.05
33
6.84
Return on assets%
28.18
30.19
31.44
32.16
32.72
30.78
32.62
32.75
31.04
30.46
20.98
31.04
31.24
23
37.11
EPS€
24.91
23.18
21.88
22.94
22.48
24.29
24.91
23.39
24.45
22.50
39.51
0.01%
(0.88%)
—
4.03
EPS growth%
12.62
14.29
15.11
13.14
12.30
14.45
12.65
11.33
14.06
13.36
29.75
13.36
13.25
92
10.69
Bookvalue per sh€
29.92
28.03
32.63
37.94
38.33
43.69
46.33
46.93
48.85
55.85
14.30
7.82%
6.04%
—
29.68
FCF per share€
73.79
80.87
87.22
99.07
106.61
117.69
118.58
122.19
138.17
151.17
29.93
7.23%
8.45%
—
32.34
Dividend per sh€
53.71
49.86
53.03
58.53
57.60
53.67
59.69
56.01
51.36
54.95
15.10
(0.94%)
0.98%
—
17.56
Div yield (avg)%
21.93
21.60
23.33
20.60
18.11
16.37
18.61
16.09
14.71
15.01
12.78
16.09
18.36
67
5.07
Payout ratio%
21.91
24.37
27.26
25.66
22.95
24.36
22.14
22.51
24.38
26.09
14.73
24.36
24.36
62
0.727
Shares (diluted)M
1.078
1.045
1.147
1.272
1.466
1.560
1.868
2.015
2.080
2.390
0.746
10.27%
9.81%
5
25.83
Buyback yield%
23.81
21.73
24.42
24.87
27.01
25.55
24.43
27.23
30.22
28.19
25.21
27.23
25.21
62
0.839
D/E ratiox
1.742
1.945
1.942
1.939
2.014
2.063
2.190
2.038
2.215
2.228
0.825
2.190
2.026
56
11.65
Enterprise value€M
4.504
4.501
4.286
3.932
4.417
4.512
4.409
4.108
4.513
4.042
32.29
(1.76%)
(1.78%)
70
3.589
LT debt€M
32.65
31.00
29.08
26.64
29.39
30.56
27.68
25.90
23.09
21.70
13.97
(5.89%)
(3.43%)
70
Revenue
€31.05M
7.05%
1.00×
Cost of revenue
€19.25M
6.89%
0.99×
Operating expenses
€7.540M
7.14%
1.01×
Goodwill & intangibles
15.01%
Spread over hurdle
(2.34%)