110.9
Revenue€M
152.3
154.7
156.8
157.6
161.7
164.6
168.7
169.0
169.5
173.5
113.9
1.42%
1.72%
52
19.90
Revenue growth%
30.35
31.33
29.13
26.85
26.36
26.67
25.60
23.55
23.33
24.54
28.71
24.54
26.51
13
9.44
Gross margin%
7.66
5.37
5.91
4.44
6.46
4.46
4.31
3.38
4.83
2.80
2.35
4.31
4.65
46
12.49
Operating margin%
22.31
23.65
25.35
28.32
30.28
31.53
32.72
32.52
31.55
32.77
3.98
32.52
30.91
92
17.58
Net margin%
17.01
16.22
14.66
13.77
12.44
12.07
9.71
11.88
10.72
8.05
25.84
10.72
12.26
94
6.280
P/E ratio (avg)x
37.95
45.04
54.52
60.57
72.31
75.19
90.99
91.94
111.4
115.0
11.52
91.94
73.75
18
27.79
EV/EBITx
22.91
23.52
23.72
24.27
26.22
27.68
31.66
31.56
36.06
36.19
31.95
31.66
26.95
52
26.78
FCF yield (avg)%
27.44
27.91
25.33
24.10
22.90
20.03
17.12
18.72
16.88
18.21
13.26
18.21
21.47
93
9.25
FCF margin%
17.97
19.39
17.84
15.84
17.38
17.67
18.38
19.89
22.01
20.01
28.31
19.89
18.18
21
0.970
FCF / Net incomex
0.869
0.896
0.957
0.900
0.801
0.858
0.875
0.844
0.864
0.756
0.264
0.858
0.866
43
8.55
ROIC%
11.20
11.45
10.76
11.13
9.55
7.21
7.98
9.82
8.92
7.09
17.98
7.98
9.69
86
2.54
Return on equity%
18.01
17.09
17.30
20.09
21.19
20.15
19.33
21.49
24.43
22.21
9.95
21.49
20.12
8
29.22
Return on assets%
28.70
30.68
33.47
31.28
32.05
34.59
36.12
35.17
37.02
38.69
25.15
36.12
34.03
82
1.60
EPS€
0.61
0.68
0.77
0.72
0.77
0.75
0.74
0.80
0.87
0.95
1.69
4.33%
3.36%
—
16.68
EPS growth%
14.34
15.33
15.95
13.83
16.22
15.80
13.94
14.89
16.91
15.50
9.23
15.50
15.42
32
0.63
Bookvalue per sh€
1.55
1.58
1.50
1.58
1.67
1.90
2.03
2.28
2.35
2.31
0.68
6.69%
4.71%
—
1.36
FCF per share€
2.09
2.11
2.42
2.61
2.91
2.88
2.91
2.75
2.66
2.67
0.79
(1.68%)
3.55%
—
1.78
Dividend per sh€
2.03
2.05
2.24
2.22
2.17
2.60
3.03
3.09
3.38
3.71
0.94
11.30%
6.02%
—
6.97
Div yield (avg)%
10.82
10.80
9.78
10.09
9.15
10.12
8.92
7.13
6.49
6.76
13.96
7.13
9.46
13
22.13
Payout ratio%
8.21
10.58
12.72
12.89
10.37
10.48
11.75
10.01
11.00
13.75
22.01
11.00
10.79
85
26.14
Shares (diluted)M
43.66
49.92
54.54
62.48
71.24
72.63
77.09
77.41
76.36
85.55
26.29
3.73%
8.05%
82
25.65
Buyback yield%
13.67
14.06
15.50
18.06
16.68
19.11
16.46
17.07
18.03
15.97
17.57
17.07
16.57
25
0.655
D/E ratiox
0.267
0.283
0.289
0.307
0.325
0.288
0.290
0.295
0.266
0.245
1.190
0.288
0.289
66
111.4
Enterprise value€M
17.21
15.97
15.09
16.36
17.37
18.59
17.36
16.98
16.11
14.29
101.0
(3.83%)
(2.55%)
34
136.0
LT debt€M
65.10
68.26
64.46
71.77
78.19
77.14
79.74
89.70
96.53
96.14
168.2
4.22%
4.27%
49
Revenue
€173.5M
1.72%
1.00×
Cost of revenue
€121.5M
1.72%
1.00×
Operating expenses
€36.38M
1.55%
0.98×
Goodwill & intangibles
16.37%
Spread over hurdle
(3.50%)