0.435
Revenue€M
2.656
2.892
3.114
3.407
3.690
3.927
4.266
4.590
5.071
5.376
0.446
7.82%
7.91%
62
3.95
Revenue growth%
16.47
15.83
15.66
15.74
17.18
15.70
15.43
14.49
13.82
14.14
14.32
14.49
15.68
90
13.05
Gross margin%
19.45
21.09
19.70
19.61
20.53
20.53
17.72
15.60
13.14
11.69
12.34
15.60
19.53
80
27.87
Operating margin%
13.10
11.04
12.11
9.19
7.83
6.26
8.07
7.11
7.08
6.38
28.97
7.08
7.95
28
8.53
Net margin%
4.00
4.22
3.40
2.79
0.40
1.61
2.63
3.98
3.42
4.72
24.81
3.42
3.41
81
32.19
P/E ratio (avg)x
33.23
33.65
30.99
31.25
32.66
31.25
35.03
32.67
30.94
35.23
19.32
32.67
32.67
69
28.56
EV/EBITx
5.025
5.001
4.454
4.223
3.835
4.035
3.626
3.614
3.424
2.955
26.37
3.614
3.935
37
16.88
FCF yield (avg)%
9.80
11.97
13.15
12.98
13.39
15.09
14.16
15.74
14.31
12.64
11.64
14.31
13.27
93
5.92
FCF margin%
12.55
12.04
13.65
16.45
16.00
16.77
14.09
16.87
15.57
14.59
12.01
15.57
15.08
45
0.305
FCF / Net incomex
1.192
1.229
1.068
0.988
0.932
1.012
1.013
0.963
0.921
0.893
1.166
0.963
1.000
62
20.70
ROIC%
13.93
13.28
14.65
15.02
17.09
19.62
19.51
17.19
19.36
21.54
12.85
19.51
17.14
22
9.16
Return on equity%
9.40
10.24
10.19
11.80
14.28
14.43
13.36
16.26
18.52
21.44
7.75
16.26
13.82
31
14.44
Return on assets%
12.53
14.91
14.89
17.05
17.72
17.53
16.86
15.07
15.83
16.76
12.81
16.76
16.29
78
0.06
EPS€
0.07
0.06
0.06
0.07
0.07
0.07
0.08
0.09
0.09
0.11
0.07
8.38%
6.55%
—
21.71
EPS growth%
31.20
29.56
29.42
30.43
31.00
28.45
27.41
28.85
28.95
31.80
23.92
28.85
29.49
37
0.11
Bookvalue per sh€
0.05
0.06
0.06
0.07
0.08
0.10
0.10
0.12
0.12
0.13
0.13
8.81%
9.82%
—
0.11
FCF per share€
0.11
0.11
0.10
0.11
0.10
0.10
0.09
0.08
0.09
0.09
0.08
(1.12%)
(1.21%)
—
0.12
Dividend per sh€
0.18
0.21
0.21
0.22
0.23
0.27
0.32
0.32
0.34
0.40
0.04
11.74%
9.18%
—
9.79
Div yield (avg)%
26.68
24.40
22.23
20.47
20.43
19.18
17.27
19.97
21.91
22.77
2.06
19.97
21.19
79
13.37
Payout ratio%
34.56
37.35
35.12
37.79
40.01
40.95
42.24
44.10
42.35
40.53
5.17
42.24
40.27
67
11.40
Shares (diluted)M
19.67
22.07
24.32
27.47
30.67
35.02
36.61
43.41
45.16
44.27
11.28
7.62%
9.26%
58
11.16
Buyback yield%
5.97
5.33
7.36
4.88
5.33
4.31
6.58
4.24
1.50
3.15
11.80
4.24
5.10
68
0.458
D/E ratiox
0.400
0.400
0.451
0.417
0.449
0.481
0.505
0.479
0.442
0.428
1.764
0.479
0.445
10
3.357
Enterprise value€M
3.926
3.618
3.545
3.557
3.784
3.951
3.626
3.662
3.306
3.471
1.625
(1.71%)
(1.54%)
79
0.581
LT debt€M
3.030
2.886
3.192
3.397
3.842
3.462
3.670
3.497
3.527
3.293
1.557
(3.03%)
(0.08%)
9
Revenue
€5.376M
7.91%
1.00×
Cost of revenue
€3.764M
7.91%
1.00×
Operating expenses
€1.012M
7.29%
0.94×
Goodwill & intangibles
19.15%
Spread over hurdle
(3.06%)