1.002
Revenue€M
4.635
4.760
4.956
5.095
5.235
5.578
5.762
6.184
6.568
6.795
1.062
5.36%
4.56%
70
13.51
Revenue growth%
19.46
19.99
21.08
23.36
25.08
23.28
24.04
21.77
23.55
23.65
8.91
23.55
23.32
28
14.87
Gross margin%
30.13
27.93
29.22
32.03
32.70
29.85
30.15
30.90
28.28
29.51
24.41
29.85
29.99
66
3.57
Operating margin%
27.36
28.39
26.77
24.37
21.76
24.09
22.37
20.46
20.48
18.07
19.36
20.48
23.23
14
4.43
Net margin%
0.40
0.40
0.40
0.40
2.86
2.75
4.87
6.31
5.68
8.37
12.23
5.68
2.80
28
23.07
P/E ratio (avg)x
19.45
18.36
16.62
16.14
15.97
14.59
12.75
13.04
13.65
13.94
25.99
13.65
15.28
66
20.17
EV/EBITx
5.832
6.137
5.774
5.347
4.630
4.313
3.995
3.958
3.734
3.970
17.63
3.970
4.472
45
25.78
FCF yield (avg)%
12.09
10.89
11.70
13.73
16.23
17.60
15.91
13.19
11.85
10.91
6.11
13.19
12.64
26
28.42
FCF margin%
28.38
30.53
28.49
31.01
30.14
28.26
29.90
32.00
30.91
29.68
27.06
29.90
30.02
92
1.292
FCF / Net incomex
1.023
1.046
1.088
1.086
1.064
1.119
1.001
0.865
0.786
0.759
0.172
0.865
1.034
88
3.31
ROIC%
20.68
21.15
18.60
16.74
17.77
18.60
17.28
17.62
16.58
18.00
11.13
17.62
17.88
22
28.39
Return on equity%
17.37
15.25
15.95
13.42
11.80
11.17
11.31
11.68
10.55
13.12
16.63
11.31
12.46
62
26.04
Return on assets%
19.05
18.63
19.20
19.99
22.50
23.08
22.61
24.36
25.34
24.29
21.47
24.29
22.56
93
0.05
EPS€
0.07
0.09
0.08
0.09
0.11
0.11
0.11
0.12
0.12
0.14
0.05
5.98%
6.17%
—
27.93
EPS growth%
11.53
11.73
9.04
8.22
8.23
9.06
7.77
5.70
5.68
8.41
23.73
7.77
8.32
64
0.08
Bookvalue per sh€
0.03
0.03
0.02
0.02
0.02
0.03
0.02
0.02
0.02
0.02
0.07
(5.28%)
(3.60%)
—
0.07
FCF per share€
0.14
0.14
0.14
0.16
0.16
0.16
0.16
0.19
0.21
0.25
0.05
9.75%
7.01%
—
0.03
Dividend per sh€
0.09
0.10
0.11
0.10
0.12
0.14
0.15
0.16
0.18
0.16
0.03
6.79%
6.33%
—
10.96
Div yield (avg)%
23.04
24.83
23.67
25.58
25.23
26.27
23.29
24.27
26.68
25.51
15.43
25.51
25.03
55
17.15
Payout ratio%
17.43
19.71
21.26
23.47
23.48
25.25
25.80
26.38
26.96
24.12
23.86
25.80
23.80
73
44.29
Shares (diluted)M
75.54
79.28
91.75
94.96
113.2
123.4
121.2
124.9
143.3
164.8
44.38
7.81%
9.20%
53
24.10
Buyback yield%
18.73
20.68
20.06
18.88
18.03
15.41
16.80
14.88
15.56
16.01
6.89
15.56
17.41
86
1.437
D/E ratiox
1.301
1.344
1.327
1.327
1.401
1.674
1.710
1.832
2.144
2.141
1.536
1.832
1.538
7
4.257
Enterprise value€M
3.044
3.514
3.753
3.728
3.746
4.511
4.861
5.084
5.125
6.110
3.473
10.28%
7.64%
31
5.331
LT debt€M
3.070
3.202
3.440
3.584
3.254
3.316
2.990
2.734
2.651
2.615
0.275
(4.28%)
(1.21%)
61
Revenue
€6.795M
4.56%
1.00×
Cost of revenue
€3.910M
4.87%
1.03×
Operating expenses
€0.726M
3.43%
0.90×
Property and equipment
16.49%
Cash and investments
13.99%
Spread over hurdle
72.95%