1.329
Revenue€M
6.911
7.411
7.997
8.847
9.782
10.75
11.66
12.68
13.99
15.40
1.465
9.50%
9.39%
75
25.01
Revenue growth%
28.36
27.33
27.71
28.37
27.50
28.50
29.86
28.32
27.48
24.97
4.09
28.32
28.01
33
10.33
Gross margin%
10.98
8.10
10.76
9.95
7.92
10.41
11.66
9.30
11.84
11.39
14.10
11.39
10.59
78
10.34
Operating margin%
4.97
3.94
3.70
5.48
7.02
4.74
3.39
5.52
7.59
4.84
7.79
4.84
4.90
77
25.69
Net margin%
14.97
14.51
16.50
14.57
16.41
16.97
15.58
16.69
19.31
18.70
13.09
16.97
16.46
40
36.55
P/E ratio (avg)x
23.35
22.57
23.25
21.53
19.61
21.42
23.21
22.70
21.46
24.18
31.43
22.70
22.64
36
27.62
EV/EBITx
28.65
29.00
31.38
30.88
32.67
32.74
36.66
34.99
33.75
36.77
6.765
34.99
32.70
67
26.20
FCF yield (avg)%
31.99
32.29
30.58
28.94
29.66
30.67
33.48
33.71
32.09
33.75
8.25
33.48
32.04
74
26.71
FCF margin%
9.26
8.88
8.65
9.97
9.92
12.37
14.57
16.88
18.62
19.36
24.96
16.88
11.17
8
0.658
FCF / Net incomex
0.709
0.712
0.803
0.968
0.961
1.164
1.347
1.601
1.838
2.113
1.538
1.601
1.066
52
12.76
ROIC%
24.17
22.26
19.45
22.19
23.75
22.20
24.70
22.84
24.61
24.54
29.77
24.54
23.29
90
15.53
Return on equity%
16.12
17.12
14.14
15.85
17.48
16.49
13.91
11.86
12.97
13.68
7.02
13.68
14.99
39
27.62
Return on assets%
31.27
29.97
31.91
32.71
32.12
34.12
35.72
33.05
33.28
35.10
15.21
34.12
32.88
72
1.93
EPS€
5.40
5.68
6.57
7.75
8.90
9.73
9.81
10.41
10.01
11.53
2.07
5.33%
7.91%
—
25.46
EPS growth%
2.99
0.45
0.40
0.45
2.77
4.27
6.20
8.56
7.29
8.06
10.18
7.29
3.63
47
1.31
Bookvalue per sh€
3.75
3.33
3.19
3.01
2.99
2.81
2.81
3.08
3.37
3.70
2.16
4.31%
0.02%
—
1.58
FCF per share€
4.66
5.36
5.75
6.19
6.06
7.08
6.89
7.24
7.03
7.99
1.12
5.69%
5.22%
—
1.74
Dividend per sh€
3.01
2.91
2.76
2.89
3.07
3.24
3.44
3.41
3.58
3.84
3.86
4.56%
4.25%
—
7.43
Div yield (avg)%
11.16
9.76
9.96
8.43
8.48
7.30
6.06
3.49
3.02
4.82
23.16
4.82
7.86
67
10.50
Payout ratio%
10.06
10.08
8.69
6.58
6.51
4.23
4.36
7.14
8.52
8.53
20.65
7.14
7.83
77
2.716
Shares (diluted)M
2.373
2.615
2.510
2.279
2.238
2.100
1.921
1.780
1.727
1.599
2.630
(6.50%)
(4.24%)
23
10.25
Buyback yield%
8.16
10.34
13.17
15.13
12.95
15.89
17.37
17.44
17.18
18.81
7.32
17.37
15.51
72
1.255
D/E ratiox
0.758
0.818
0.783
0.740
0.710
0.612
0.635
0.639
0.648
0.556
0.537
0.635
0.679
50
2.469
Enterprise value€M
10.91
10.38
11.83
11.47
12.14
11.81
11.27
12.34
13.76
13.96
8.945
2.84%
2.29%
45
4.944
LT debt€M
8.391
9.830
11.04
12.22
13.36
15.50
17.86
19.87
21.61
25.35
7.100
13.66%
11.55%
90
Revenue
€15.40M
9.39%
1.00×
Cost of revenue
€9.348M
9.49%
1.01×
Operating expenses
€3.177M
9.36%
1.00×
Goodwill & intangibles
17.24%
Spread over hurdle
(1.29%)