35.99
Revenue€M
400.5
430.7
463.8
500.9
542.7
590.8
650.3
711.3
758.0
810.4
38.90
8.35%
8.37%
12
4.35
Revenue growth%
21.56
23.12
21.83
23.66
26.32
26.02
28.30
27.51
24.81
25.02
11.05
26.02
24.92
8
19.16
Gross margin%
22.72
23.66
25.42
27.37
25.77
24.14
22.51
25.06
22.38
25.19
3.09
24.14
24.60
65
16.65
Operating margin%
22.65
22.74
23.74
20.75
18.89
18.55
19.45
17.35
19.91
20.67
20.08
19.45
20.29
74
5.99
Net margin%
15.48
16.78
19.15
21.09
22.13
21.89
22.02
21.29
23.06
23.28
26.38
22.02
21.59
84
29.48
P/E ratio (avg)x
21.72
22.43
23.28
26.81
29.27
32.98
32.00
38.32
41.88
48.68
9.227
38.32
30.63
55
15.34
EV/EBITx
26.50
26.50
26.90
27.90
29.50
26.13
23.87
25.83
27.83
28.82
7.707
26.13
26.70
46
18.53
FCF yield (avg)%
16.35
14.12
15.88
14.20
16.42
13.92
13.63
16.04
17.02
15.39
19.02
15.39
15.64
67
17.87
FCF margin%
26.88
25.74
28.02
26.51
29.12
26.78
28.08
30.50
29.35
32.18
25.50
29.35
28.05
91
1.752
FCF / Net incomex
1.094
1.078
1.075
1.110
1.082
1.183
1.099
1.007
1.031
1.026
1.412
1.031
1.080
94
7.39
ROIC%
29.56
26.68
25.71
27.71
30.62
33.41
35.06
37.74
36.30
38.85
23.23
36.30
32.01
90
2.24
Return on equity%
6.45
8.64
6.25
6.37
4.86
3.69
2.27
3.98
4.86
7.26
13.76
3.98
5.56
72
26.38
Return on assets%
14.51
14.86
16.18
15.92
13.00
11.26
9.44
9.84
6.85
8.77
9.99
9.44
12.13
30
4.05
EPS€
9.85
8.67
7.95
7.90
8.10
7.82
8.48
8.42
9.23
8.18
4.48
0.18%
(3.08%)
—
5.15
EPS growth%
14.21
13.87
11.03
11.63
12.52
11.14
10.55
12.05
11.26
9.98
26.00
11.14
11.45
77
15.02
Bookvalue per sh€
5.30
5.29
5.73
5.90
6.54
6.72
7.42
8.28
7.98
7.36
14.03
2.40%
2.50%
—
2.92
FCF per share€
7.42
7.27
7.33
7.15
6.80
7.73
8.00
7.78
7.75
8.88
12.27
5.50%
2.35%
—
5.65
Dividend per sh€
5.72
6.31
6.08
6.30
5.75
6.38
6.03
5.46
5.31
5.71
12.10
(0.15%)
(0.99%)
—
18.66
Div yield (avg)%
7.91
10.50
12.93
14.88
15.59
16.64
16.89
19.62
17.22
14.78
12.12
16.89
15.24
64
6.02
Payout ratio%
6.29
4.00
4.89
3.41
4.89
3.93
1.51
2.10
1.45
4.40
20.76
2.10
3.96
43
24.64
Shares (diluted)M
22.13
21.12
21.52
21.09
21.28
21.39
22.11
23.85
24.92
26.23
24.72
4.28%
1.68%
57
16.47
Buyback yield%
22.95
23.96
21.88
23.96
26.04
24.50
24.98
25.20
27.14
25.70
9.60
25.20
24.74
43
1.558
D/E ratiox
0.726
0.778
0.860
0.940
1.039
1.108
1.067
1.125
1.226
1.142
1.676
1.125
1.053
46
150.6
Enterprise value€M
603.0
608.9
608.8
566.4
618.4
647.6
657.0
609.2
669.0
664.8
585.2
1.46%
(0.04%)
55
104.2
LT debt€M
196.5
208.9
215.9
221.8
258.4
275.0
271.7
259.4
301.6
330.4
182.2
5.04%
5.30%
32
Revenue
€810.4M
8.37%
1.00×
Cost of revenue
€567.2M
8.37%
1.00×
Operating expenses
€153.0M
8.85%
1.05×
Spread over hurdle
(5.03%)