4.522
Revenue€M
3.334
3.568
3.766
3.991
4.203
4.441
4.678
4.898
5.130
5.496
4.621
5.51%
5.73%
31
9.06
Revenue growth%
16.85
17.29
19.49
19.52
17.92
15.81
18.11
16.49
15.57
14.00
8.16
15.81
17.07
34
26.23
Gross margin%
0.86
0.40
0.40
0.40
2.65
2.41
4.43
3.63
1.69
0.40
2.27
2.41
1.27
25
28.07
Operating margin%
23.61
26.13
25.69
28.07
27.99
26.07
24.43
21.88
21.12
20.56
20.64
21.88
25.06
5
23.10
Net margin%
20.15
23.09
22.08
25.04
27.53
26.03
26.16
25.90
23.44
21.55
18.37
25.90
24.24
95
34.85
P/E ratio (avg)x
23.92
25.90
27.43
25.83
25.59
29.28
33.44
35.04
40.14
42.86
9.957
35.04
28.36
61
26.64
EV/EBITx
26.10
25.29
24.81
24.15
20.61
19.92
18.01
17.30
16.55
16.60
19.11
17.30
20.26
92
16.57
FCF yield (avg)%
29.08
30.87
32.73
31.10
29.55
26.95
28.31
30.01
28.88
27.57
9.94
28.31
29.31
69
9.16
FCF margin%
11.83
9.24
8.98
6.34
6.45
7.72
6.76
7.45
8.18
10.97
19.26
7.72
7.95
33
1.108
FCF / Net incomex
1.199
1.192
1.158
1.279
1.333
1.272
1.290
1.184
1.186
1.084
1.326
1.186
1.195
80
17.49
ROIC%
9.63
6.96
9.76
12.47
14.68
16.67
19.32
19.61
18.01
16.59
19.10
18.01
15.63
29
10.34
Return on equity%
20.14
17.31
16.84
17.57
19.03
19.86
21.83
23.06
22.76
20.04
15.34
21.83
19.95
32
28.19
Return on assets%
20.66
19.26
17.94
16.23
14.47
16.30
13.84
13.49
12.92
14.24
9.80
13.84
15.35
81
0.09
EPS€
0.10
0.10
0.10
0.10
0.10
0.09
0.08
0.08
0.09
0.09
0.09
(1.44%)
0.45%
—
3.53
EPS growth%
2.33
0.40
0.40
2.43
3.37
5.78
4.80
5.01
5.53
5.86
7.21
5.53
4.08
68
0.44
Bookvalue per sh€
0.48
0.47
0.45
0.46
0.48
0.49
0.44
0.48
0.51
0.53
0.38
1.62%
0.26%
—
0.29
FCF per share€
0.18
0.17
0.17
0.20
0.23
0.27
0.25
0.27
0.29
0.32
0.29
6.78%
5.76%
—
0.16
Dividend per sh€
0.60
0.67
0.76
0.81
0.91
0.99
1.12
1.06
1.19
1.33
0.40
7.84%
7.50%
—
15.95
Div yield (avg)%
10.03
10.99
12.35
9.38
7.27
9.58
10.22
12.26
10.97
13.56
27.40
10.97
10.59
92
13.95
Payout ratio%
27.70
28.29
27.94
30.46
32.00
32.90
34.46
32.14
34.98
32.31
23.81
32.90
32.07
92
8.312
Shares (diluted)M
8.871
8.223
8.524
8.491
9.215
8.312
8.616
8.744
9.424
8.794
8.228
(0.93%)
0.01%
66
5.23
Buyback yield%
3.15
5.49
6.69
8.21
9.47
7.21
8.28
8.84
10.74
10.55
14.55
8.84
8.25
13
1.074
D/E ratiox
1.233
1.304
1.268
1.333
1.468
1.409
1.409
1.321
1.306
1.260
0.504
1.321
1.314
67
1.107
Enterprise value€M
5.165
5.459
5.285
4.706
5.156
4.704
4.956
4.497
4.485
4.054
5.026
(4.70%)
(2.45%)
82
4.733
LT debt€M
7.066
7.351
7.139
8.035
8.414
9.391
9.398
9.499
10.29
11.19
4.456
5.86%
5.49%
70
Revenue
€5.496M
5.73%
1.00×
Cost of revenue
€3.254M
5.59%
0.99×
Operating expenses
€0.791M
5.68%
1.00×
Goodwill & intangibles
13.70%
Spread over hurdle
53.46%