2.248
Revenue€M
1.061
1.173
1.281
1.371
1.451
1.571
1.717
1.889
2.034
2.245
2.453
9.13%
8.40%
56
29.93
Revenue growth%
30.75
33.65
31.19
31.69
31.95
33.98
32.35
30.85
32.14
31.18
4.03
32.14
31.82
87
8.43
Gross margin%
18.91
18.42
17.76
20.09
18.51
18.81
18.01
16.91
15.30
14.04
21.53
16.91
18.22
71
9.44
Operating margin%
32.25
32.48
34.03
32.19
32.50
31.67
31.28
32.42
31.66
32.39
15.19
31.67
32.32
61
10.50
Net margin%
30.97
31.66
29.36
26.92
28.41
28.75
30.67
33.14
33.02
32.15
20.02
32.15
30.82
66
16.15
P/E ratio (avg)x
38.27
43.03
43.48
44.16
44.26
48.23
52.16
56.38
61.82
58.47
31.67
56.38
46.24
20
24.18
EV/EBITx
21.93
25.04
23.74
25.49
27.90
29.02
30.07
31.72
37.11
38.91
20.99
31.72
28.46
10
21.69
FCF yield (avg)%
25.60
24.37
23.80
25.23
25.25
24.45
22.16
24.68
22.01
20.67
6.39
22.16
24.41
36
13.71
FCF margin%
10.10
7.99
6.84
7.12
9.14
11.37
13.82
13.14
13.72
13.40
7.90
13.40
10.73
76
0.460
FCF / Net incomex
0.778
0.742
0.813
0.846
0.878
0.983
1.038
1.155
1.298
1.359
0.436
1.155
0.930
28
4.86
ROIC%
9.65
11.20
9.70
10.76
11.08
12.98
12.50
11.36
12.41
12.41
24.06
12.41
11.28
51
6.04
Return on equity%
13.66
13.87
12.08
11.62
11.85
11.42
12.09
12.79
9.82
9.70
21.55
11.42
11.97
15
20.94
Return on assets%
16.64
19.16
17.95
20.54
20.01
18.78
16.50
17.62
18.79
20.81
18.14
18.78
18.78
60
0.02
EPS€
0.07
0.07
0.07
0.06
0.06
0.06
0.05
0.05
0.05
0.05
0.03
(2.42%)
(1.52%)
—
10.17
EPS growth%
29.78
30.22
30.01
28.21
26.47
26.67
24.64
24.16
22.23
22.37
28.47
24.16
26.57
68
0.03
Bookvalue per sh€
0.01
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.05
(3.30%)
(0.52%)
—
0.03
FCF per share€
0.03
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.07
0.70%
2.83%
—
0.05
Dividend per sh€
0.06
0.07
0.06
0.06
0.05
0.05
0.05
0.05
0.05
0.05
0.08
(0.54%)
(3.35%)
—
3.01
Div yield (avg)%
18.50
17.77
15.55
14.23
17.21
14.48
14.66
15.53
18.09
19.66
9.58
15.53
16.38
45
9.26
Payout ratio%
24.39
26.39
24.13
21.25
18.90
17.71
18.27
18.15
20.24
22.08
26.82
18.27
20.75
11
21.16
Shares (diluted)M
15.26
15.47
15.59
15.34
14.77
13.82
12.97
12.54
13.67
12.47
21.96
(3.32%)
(3.12%)
18
2.99
Buyback yield%
17.40
14.94
12.01
10.78
9.36
11.04
10.22
9.48
11.69
8.98
9.13
10.22
10.91
80
0.615
D/E ratiox
0.970
0.921
1.026
0.944
1.057
1.021
1.129
1.116
1.066
1.022
0.732
1.066
1.024
11
1.914
Enterprise value€M
3.294
3.613
3.923
3.609
3.491
3.251
3.759
4.212
3.995
3.919
2.522
2.34%
1.61%
89
3.020
LT debt€M
0.572
0.605
0.631
0.643
0.640
0.706
0.681
0.715
0.765
0.707
1.721
2.03%
2.34%
45
Revenue
€2.245M
8.40%
1.00×
Cost of revenue
€1.572M
8.40%
1.00×
Operating expenses
€0.451M
8.32%
0.99×
Goodwill & intangibles
16.69%
Spread over hurdle
(3.55%)