5.834
Revenue€M
3.906
4.046
4.160
4.272
4.464
4.621
4.869
5.151
5.486
5.871
6.319
5.63%
4.67%
23
14.96
Revenue growth%
4.06
1.71
3.15
2.84
5.04
7.29
7.36
8.28
6.08
3.62
29.11
7.29
4.55
55
11.01
Gross margin%
0.79
0.40
0.40
3.35
1.92
1.68
1.66
2.54
1.67
4.11
10.60
1.68
1.68
40
9.81
Operating margin%
18.19
17.66
14.66
15.52
18.38
19.90
17.55
17.11
14.98
17.81
2.51
17.55
17.60
59
21.09
Net margin%
21.77
22.71
23.18
21.41
24.14
22.64
23.63
23.27
26.15
28.03
25.31
23.63
23.23
25
19.05
P/E ratio (avg)x
34.89
40.87
48.76
47.95
51.85
53.28
59.20
57.45
60.28
58.42
13.95
58.42
52.56
84
33.33
EV/EBITx
12.13
11.71
12.56
10.85
10.80
10.16
9.080
8.966
9.544
9.894
8.907
9.544
10.48
41
5.60
FCF yield (avg)%
21.62
22.30
19.53
17.62
17.89
17.06
14.68
14.87
13.67
14.01
5.16
14.68
17.34
45
23.04
FCF margin%
19.32
16.97
19.12
17.18
17.27
20.04
21.23
20.61
20.48
18.71
10.04
20.48
19.22
59
1.170
FCF / Net incomex
0.553
0.536
0.637
0.707
0.736
0.813
0.813
0.897
0.994
0.980
0.711
0.897
0.774
18
23.56
ROIC%
12.25
9.87
6.88
4.82
6.91
8.30
8.53
7.52
5.29
4.99
14.06
7.52
7.21
15
5.48
Return on equity%
11.03
11.23
9.42
10.33
11.10
11.84
14.22
11.45
11.73
10.39
28.12
11.73
11.17
31
13.25
Return on assets%
8.72
8.66
8.56
11.30
9.18
8.97
6.45
7.75
8.36
8.36
3.78
8.36
8.61
17
—
EPS€
—
—
—
—
—
—
—
—
0.01
0.01
—
7.81%
6.73%
—
23.50
EPS growth%
13.61
14.15
14.29
17.11
16.85
16.82
16.25
18.74
20.23
20.05
10.85
18.74
16.83
54
—
Bookvalue per sh€
—
—
0.01
0.01
0.01
—
—
0.01
0.01
0.01
—
4.96%
7.98%
—
—
FCF per share€
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
—
9.40%
9.99%
—
—
Dividend per sh€
—
0.01
—
—
—
—
—
—
—
—
—
1.24%
(1.84%)
—
9.53
Div yield (avg)%
5.51
3.89
2.70
4.43
5.21
4.17
7.01
6.31
4.02
3.50
2.05
4.17
4.30
85
9.80
Payout ratio%
26.78
24.36
24.04
22.67
22.47
22.04
24.83
24.61
24.31
21.65
28.89
24.31
24.18
34
294.3
Shares (diluted)M
281.6
296.8
319.3
358.3
400.1
399.7
385.4
431.9
436.4
449.2
294.1
2.34%
5.97%
89
23.29
Buyback yield%
12.72
10.09
12.03
13.11
12.44
12.36
12.51
14.78
17.61
20.36
5.25
14.78
12.62
15
0.476
D/E ratiox
1.287
1.119
1.123
1.047
1.083
1.191
1.158
1.037
1.121
1.006
1.038
1.121
1.120
6
5.386
Enterprise value€M
0.876
0.791
0.809
0.718
0.731
0.665
0.713
0.640
0.693
0.741
3.538
0.28%
(2.77%)
79
3.646
LT debt€M
0.979
0.901
0.935
0.906
0.903
0.979
1.016
1.137
1.250
1.150
2.707
4.95%
0.95%
43
Revenue
€5.871M
4.67%
1.00×
Cost of revenue
€3.603M
4.48%
0.98×
Operating expenses
€1.459M
4.71%
1.00×
Goodwill & intangibles
17.25%
Spread over hurdle
(5.45%)