104.1
Revenue€M
64.81
71.71
77.06
84.85
94.00
102.1
111.6
119.3
129.8
141.2
109.5
8.48%
9.16%
29
29.87
Revenue growth%
7.86
6.20
7.49
6.41
8.61
6.03
4.37
5.49
8.42
7.19
8.09
6.03
6.80
53
25.77
Gross margin%
18.43
15.53
14.32
15.30
16.06
14.65
15.14
17.01
17.55
18.36
26.07
17.01
15.80
87
3.93
Operating margin%
10.78
8.06
9.27
8.02
6.24
8.62
6.24
4.18
3.60
3.47
24.84
4.18
7.13
13
26.30
Net margin%
18.88
17.45
14.75
13.10
15.24
14.81
13.70
14.13
14.45
13.91
18.85
14.13
14.60
29
36.50
P/E ratio (avg)x
10.97
11.80
13.15
13.98
13.31
14.45
15.47
15.59
17.25
18.54
35.25
15.59
14.21
33
34.70
EV/EBITx
20.84
22.59
22.18
21.30
20.36
22.85
24.35
24.08
24.85
24.43
23.47
24.35
22.72
14
23.53
FCF yield (avg)%
31.91
29.50
27.13
28.91
29.89
32.52
32.97
35.20
35.63
34.80
11.10
34.80
32.22
40
8.41
FCF margin%
18.64
18.18
15.44
16.85
18.74
20.24
20.28
23.09
24.58
25.82
18.51
23.09
19.49
83
1.028
FCF / Net incomex
0.570
0.629
0.684
0.736
0.823
0.869
0.891
0.922
0.895
0.878
0.787
0.891
0.846
85
3.99
ROIC%
27.36
29.20
29.35
29.76
26.91
29.77
30.94
32.08
30.10
30.15
22.62
30.15
29.76
54
6.52
Return on equity%
3.27
0.65
2.86
4.50
4.67
3.02
3.59
1.86
3.09
5.12
25.90
3.09
3.18
19
21.98
Return on assets%
4.08
1.34
0.40
0.40
0.40
1.88
0.56
1.66
2.86
3.43
12.96
1.88
1.50
39
1.05
EPS€
1.76
1.84
2.03
2.29
2.17
2.31
2.19
2.01
1.99
2.05
1.08
(1.15%)
2.55%
—
17.84
EPS growth%
8.54
11.31
12.59
15.03
13.27
10.51
12.40
13.74
12.31
13.99
18.34
12.40
12.50
32
2.08
Bookvalue per sh€
2.13
2.32
2.26
2.12
2.07
2.03
2.17
2.36
2.56
2.65
1.18
5.05%
1.10%
—
0.30
FCF per share€
0.36
0.35
0.33
0.34
0.35
0.32
0.36
0.38
0.35
0.38
1.95
1.89%
1.24%
—
1.73
Dividend per sh€
1.26
1.29
1.43
1.53
1.47
1.54
1.60
1.66
1.66
1.61
1.68
1.92%
2.10%
—
3.87
Div yield (avg)%
12.59
15.45
13.68
16.65
17.66
15.80
14.10
13.38
14.14
13.33
20.86
14.10
14.12
73
29.30
Payout ratio%
4.42
5.90
6.19
6.25
5.51
3.05
1.17
0.40
0.40
1.60
22.67
1.17
3.73
94
27.90
Shares (diluted)M
37.17
37.69
42.06
45.38
45.46
43.61
46.50
47.44
47.28
50.52
27.95
2.13%
3.92%
41
14.37
Buyback yield%
17.33
17.94
17.05
17.46
17.78
19.64
17.17
14.29
13.22
12.51
27.40
14.29
17.25
11
0.266
D/E ratiox
2.177
2.276
2.300
2.638
3.146
3.330
3.366
3.644
3.939
4.076
1.786
3.644
3.238
81
25.95
Enterprise value€M
12.05
12.70
14.36
14.52
14.37
13.47
14.23
16.36
15.23
17.77
16.07
4.34%
5.47%
16
79.31
LT debt€M
203.0
231.1
228.3
228.8
258.2
288.8
316.1
313.3
374.1
442.3
40.24
11.36%
8.57%
36
Revenue
€141.2M
9.16%
1.00×
Cost of revenue
€71.45M
9.69%
1.05×
Operating expenses
€33.17M
8.63%
0.95×
Goodwill & intangibles
19.38%
Property and equipment
14.11%
Spread over hurdle
(2.18%)