12.10
Revenue€M
24.43
25.82
27.04
29.31
31.13
33.19
35.85
37.78
40.07
42.96
12.70
6.65%
6.58%
77
4.94
Revenue growth%
25.32
26.55
28.84
25.96
28.92
31.43
32.53
29.81
31.48
29.14
19.51
31.43
29.03
15
27.15
Gross margin%
23.68
21.02
18.92
19.33
21.06
21.38
19.41
16.71
17.16
18.12
25.83
18.12
19.37
77
17.00
Operating margin%
27.42
27.87
30.31
27.70
28.14
30.29
30.98
33.62
35.41
33.95
18.19
33.62
30.30
78
14.16
Net margin%
20.37
21.10
18.46
17.63
19.26
19.72
18.98
16.55
14.79
11.88
22.74
16.55
18.72
74
21.96
P/E ratio (avg)x
12.40
12.22
11.84
13.11
12.18
11.47
11.08
9.943
9.980
9.712
12.54
9.980
11.65
23
13.83
EV/EBITx
19.53
18.19
18.71
20.95
19.43
18.63
20.06
22.45
25.60
27.22
17.18
22.45
19.80
86
10.02
FCF yield (avg)%
19.62
17.56
16.03
18.86
16.46
18.31
19.44
17.18
18.17
16.07
27.96
18.17
17.86
22
6.11
FCF margin%
28.56
27.62
26.82
28.70
29.34
29.58
28.67
30.31
31.85
32.52
13.22
30.31
29.02
90
0.703
FCF / Net incomex
0.767
0.876
1.041
1.054
1.217
1.439
1.443
1.714
1.984
2.044
0.599
1.714
1.328
94
22.55
ROIC%
29.21
29.86
31.50
31.37
30.48
27.84
28.02
26.30
24.73
24.37
24.25
26.30
28.62
81
29.01
Return on equity%
9.87
11.80
14.72
17.13
19.90
22.07
19.71
20.86
18.86
17.69
3.48
19.71
18.28
27
29.12
Return on assets%
17.63
18.78
20.99
18.66
19.18
21.82
20.71
22.72
20.61
22.05
5.02
21.82
20.66
49
0.45
EPS€
0.58
0.57
0.57
0.54
0.55
0.51
0.45
0.44
0.47
0.42
0.48
(5.45%)
(2.88%)
—
5.55
EPS growth%
13.37
14.08
14.23
15.20
14.89
11.96
10.66
8.54
8.51
8.30
10.08
8.54
12.67
63
0.29
Bookvalue per sh€
0.46
0.55
0.64
0.64
0.77
0.89
0.98
1.05
1.23
1.35
0.60
12.08%
12.00%
—
0.14
FCF per share€
0.74
0.84
0.81
0.88
0.89
0.89
0.92
0.92
0.88
0.84
0.57
(1.11%)
0.84%
—
0.21
Dividend per sh€
0.78
0.82
0.91
0.83
0.80
0.77
0.70
0.71
0.80
0.88
0.38
1.95%
1.32%
—
26.11
Div yield (avg)%
27.75
26.12
28.23
28.49
27.35
28.82
26.62
25.11
22.15
21.91
26.74
25.11
26.98
51
9.30
Payout ratio%
29.83
32.10
34.81
34.12
31.67
29.08
28.27
25.73
24.93
27.76
21.33
27.76
29.45
91
65.54
Shares (diluted)M
45.00
41.23
44.20
48.17
44.14
40.27
43.27
46.69
40.48
42.15
68.73
(0.92%)
(1.55%)
42
6.95
Buyback yield%
0.40
0.40
0.40
0.40
0.85
2.26
0.97
0.40
1.23
2.10
16.10
1.23
0.62
93
1.005
D/E ratiox
1.517
1.596
1.510
1.629
1.725
1.531
1.449
1.412
1.395
1.416
1.226
1.416
1.513
88
27.68
Enterprise value€M
30.51
32.56
37.02
41.49
47.74
47.76
53.62
60.93
60.23
60.13
39.52
4.73%
8.16%
18
21.99
LT debt€M
92.77
98.32
104.8
122.4
130.6
134.5
129.4
129.4
130.4
137.3
33.50
1.01%
3.61%
36
Revenue
€42.96M
6.58%
1.00×
Cost of revenue
€26.20M
6.27%
0.97×
Operating expenses
€8.835M
7.08%
1.05×
Goodwill & intangibles
15.39%
Spread over hurdle
(1.18%)