20.28
Revenue€M
24.55
25.16
26.02
26.08
26.88
28.01
28.01
28.88
29.97
30.92
20.71
2.84%
2.51%
86
10.74
Revenue growth%
22.00
19.61
18.33
17.21
15.04
16.80
18.30
20.75
19.11
16.17
23.90
18.30
18.31
83
10.43
Gross margin%
22.96
24.85
25.58
23.54
26.01
24.86
22.17
22.33
21.63
19.63
11.93
22.17
23.25
25
3.60
Operating margin%
18.88
20.84
18.73
20.83
19.76
21.07
20.75
20.30
19.92
22.72
24.97
20.75
20.53
8
2.11
Net margin%
12.84
15.12
14.67
13.79
13.49
12.41
10.27
8.07
6.10
3.45
12.50
8.07
12.62
59
13.29
P/E ratio (avg)x
11.02
11.57
10.57
10.01
9.857
10.18
11.29
11.10
10.83
11.63
19.46
11.10
10.92
93
22.75
EV/EBITx
11.89
13.06
12.75
12.01
12.13
11.83
12.31
12.21
11.55
12.82
31.42
12.21
12.17
90
20.94
FCF yield (avg)%
18.32
15.78
17.01
19.36
17.18
18.18
18.97
19.13
21.78
21.57
22.21
19.13
18.65
48
21.01
FCF margin%
24.56
22.08
25.04
26.27
23.94
26.52
29.13
31.19
30.35
28.54
6.56
29.13
26.39
40
0.358
FCF / Net incomex
0.794
0.863
0.786
0.864
0.860
0.957
1.009
1.034
1.100
1.201
0.691
1.034
0.910
10
7.25
ROIC%
27.89
26.64
28.38
27.15
29.76
31.73
31.37
30.17
29.53
30.78
7.30
30.78
29.65
76
2.46
Return on equity%
4.85
4.59
7.00
9.55
10.74
8.98
9.08
9.86
9.59
11.29
20.49
9.59
9.32
72
13.30
Return on assets%
24.72
26.34
25.09
22.90
23.31
25.25
22.97
22.32
20.44
18.39
19.80
22.32
23.14
78
0.43
EPS€
0.40
0.43
0.38
0.34
0.32
0.31
0.27
0.25
0.23
0.22
0.48
(7.18%)
(5.63%)
—
26.75
EPS growth%
1.78
3.61
3.86
1.45
3.37
3.53
3.17
2.45
0.40
0.40
9.93
2.45
2.81
41
0.94
Bookvalue per sh€
1.31
1.30
1.42
1.52
1.79
1.97
2.24
2.57
2.88
3.44
0.85
13.99%
10.36%
—
0.63
FCF per share€
0.36
0.35
0.37
0.40
0.41
0.42
0.36
0.34
0.29
0.31
1.02
(5.33%)
(2.18%)
—
0.58
Dividend per sh€
0.91
0.89
1.06
1.10
1.29
1.46
1.43
1.39
1.37
1.35
1.07
0.99%
3.76%
—
23.23
Div yield (avg)%
15.89
14.85
15.46
17.13
16.92
15.75
17.38
17.70
20.39
19.79
22.51
17.70
17.02
92
24.95
Payout ratio%
21.24
21.22
21.81
21.69
21.65
19.73
16.77
17.44
18.21
16.23
3.96
17.44
20.48
36
14.77
Shares (diluted)M
20.71
24.61
29.16
31.01
34.18
38.11
38.39
37.31
38.19
41.79
15.08
4.11%
8.75%
16
6.02
Buyback yield%
19.40
17.84
19.69
20.71
18.47
16.37
14.01
12.86
11.35
13.06
26.30
13.06
17.10
38
1.168
D/E ratiox
1.661
1.864
1.803
1.943
1.932
2.046
2.250
2.347
2.401
2.617
1.034
2.347
1.994
25
21.91
Enterprise value€M
7.002
6.856
7.075
7.860
9.245
9.298
9.955
11.34
12.36
14.17
7.004
8.91%
7.25%
69
8.060
LT debt€M
37.18
37.31
37.28
38.29
40.52
46.70
52.49
53.25
59.35
64.77
18.33
9.83%
7.18%
70
Revenue
€30.92M
2.51%
1.00×
Cost of revenue
€21.65M
2.51%
1.00×
Operating expenses
€6.424M
2.46%
1.00×
Cash and investments
19.07%
Spread over hurdle
(4.39%)