18.79
Revenue€M
101.9
106.0
110.8
113.7
117.8
125.0
130.5
138.8
146.5
153.4
20.88
5.43%
4.41%
83
24.10
Revenue growth%
12.90
14.33
15.71
16.84
14.84
16.63
16.57
17.70
16.69
18.92
6.29
16.69
16.60
56
15.67
Gross margin%
32.63
33.39
33.54
34.01
31.56
30.18
29.50
28.87
29.34
26.44
5.96
29.34
30.87
30
20.42
Operating margin%
24.96
24.28
21.35
19.25
19.87
19.73
18.97
20.93
23.80
20.98
7.64
20.93
20.96
72
27.47
Net margin%
12.52
14.72
15.33
17.11
17.10
15.88
17.21
19.04
19.01
16.38
26.71
17.21
16.74
19
27.37
P/E ratio (avg)x
8.317
7.589
7.553
8.582
9.188
9.712
9.931
10.82
11.51
11.73
25.20
10.82
9.450
48
34.35
EV/EBITx
44.58
51.01
49.75
57.00
62.17
58.30
59.01
65.07
70.52
68.22
24.50
65.07
58.65
44
6.28
FCF yield (avg)%
8.78
9.70
10.74
12.56
12.18
15.02
12.51
11.37
13.48
16.05
4.39
13.48
12.34
57
18.60
FCF margin%
23.22
23.46
20.86
19.90
22.66
23.60
23.73
20.98
21.30
23.54
7.60
23.54
22.94
35
1.126
FCF / Net incomex
1.082
1.088
1.104
1.239
1.301
1.506
1.522
1.601
1.821
2.062
1.582
1.601
1.403
25
25.64
ROIC%
16.88
16.67
16.59
16.23
14.64
12.81
15.27
17.79
16.27
19.22
14.91
16.27
16.43
91
10.87
Return on equity%
20.29
20.02
18.99
16.55
14.81
14.09
15.93
16.23
15.55
14.81
18.47
15.55
16.08
75
25.73
Return on assets%
22.55
24.42
22.49
23.49
23.72
24.35
25.50
24.11
25.47
28.11
10.63
25.47
24.23
45
1.05
EPS€
3.01
3.28
3.11
3.20
3.65
4.06
4.42
4.31
3.98
4.27
1.07
3.22%
3.13%
—
18.32
EPS growth%
10.12
10.72
8.18
9.25
8.22
8.27
6.56
4.63
5.31
5.57
18.00
5.57
8.20
65
2.05
Bookvalue per sh€
1.05
0.93
0.85
0.78
0.72
0.71
0.71
0.67
0.61
0.58
2.45
(4.19%)
(5.70%)
—
0.40
FCF per share€
0.55
0.58
0.63
0.61
0.63
0.62
0.68
0.74
0.84
0.81
0.61
5.24%
4.09%
—
1.51
Dividend per sh€
0.98
1.00
1.04
0.93
0.82
0.76
0.67
0.71
0.66
0.60
1.43
(5.83%)
(3.80%)
—
4.92
Div yield (avg)%
10.09
7.38
5.53
7.78
5.22
3.20
0.40
1.47
1.36
1.34
3.40
1.36
4.21
46
25.03
Payout ratio%
22.24
20.62
20.21
19.56
21.65
19.75
20.90
19.45
19.31
18.47
20.82
19.45
19.98
82
23.41
Shares (diluted)M
26.21
26.41
29.13
32.13
35.72
41.27
42.73
41.27
44.27
45.06
23.18
4.75%
5.87%
70
27.40
Buyback yield%
3.13
1.53
1.22
1.41
2.51
3.38
5.11
3.14
2.20
0.40
15.44
3.14
2.35
14
1.270
D/E ratiox
2.026
2.257
2.107
1.982
2.008
2.043
1.996
2.104
2.258
2.399
1.569
2.104
2.074
16
78.34
Enterprise value€M
45.60
40.04
37.35
40.43
41.82
38.19
37.16
32.76
29.77
29.87
72.34
(6.51%)
(3.96%)
34
83.15
LT debt€M
149.9
152.8
181.7
211.4
222.5
226.8
242.0
242.0
254.6
264.9
140.4
3.55%
6.57%
72
Revenue
€153.4M
4.41%
1.00×
Cost of revenue
€107.4M
4.41%
1.00×
Operating expenses
€26.26M
4.38%
1.00×
Cash and investments
17.94%
Spread over hurdle
(2.38%)