310.6
Revenue€M
355.9
359.5
365.1
363.2
371.0
372.3
374.1
377.6
381.2
375.0
347.1
0.21%
0.49%
76
2.37
Revenue growth%
5.36
7.30
5.38
3.25
3.24
3.23
1.63
3.06
3.71
4.69
14.17
3.23
3.48
62
17.07
Gross margin%
9.46
8.03
8.63
7.82
10.07
9.57
7.75
8.24
6.38
7.39
12.68
7.75
8.14
13
9.04
Operating margin%
15.18
12.70
15.65
16.94
16.94
15.29
15.73
17.27
17.55
14.56
6.24
15.73
15.69
20
28.50
Net margin%
17.03
17.62
20.35
17.68
15.25
16.10
13.35
12.76
13.35
16.22
13.84
13.35
16.16
59
19.90
P/E ratio (avg)x
25.96
28.66
30.95
31.51
28.27
30.99
27.94
25.13
23.20
23.91
9.260
25.13
28.11
18
37.07
EV/EBITx
12.95
13.71
13.45
13.86
13.68
14.30
16.03
17.09
18.38
21.51
27.58
17.09
14.08
83
9.42
FCF yield (avg)%
5.22
7.94
8.85
10.97
11.48
9.74
11.50
9.88
10.00
7.16
2.67
9.88
9.81
38
16.96
FCF margin%
29.96
28.35
28.60
28.28
29.71
26.99
24.34
22.82
20.88
18.34
16.04
22.82
27.64
31
1.455
FCF / Net incomex
0.484
0.553
0.547
0.601
0.597
0.657
0.655
0.741
0.710
0.685
0.240
0.685
0.628
18
10.52
ROIC%
4.98
7.63
5.74
5.16
5.57
4.59
2.24
0.40
0.40
0.40
13.28
0.40
4.79
18
16.67
Return on equity%
13.96
14.24
12.24
12.89
13.67
12.35
11.42
12.73
14.44
15.54
22.25
12.73
13.28
32
9.83
Return on assets%
20.61
18.30
18.69
20.58
20.19
20.23
20.83
20.39
22.87
22.50
27.93
20.83
20.49
92
2.13
EPS€
1.43
1.52
1.68
1.61
1.45
1.33
1.43
1.51
1.41
1.48
2.19
0.42%
0.11%
—
14.04
EPS growth%
25.40
22.46
25.27
24.89
24.06
24.19
26.80
25.91
24.82
24.16
26.51
24.82
24.85
80
1.01
Bookvalue per sh€
3.00
2.98
3.55
3.89
4.25
4.16
4.22
4.98
5.39
5.53
1.15
5.42%
7.22%
—
0.46
FCF per share€
2.87
2.74
2.68
2.70
2.79
2.88
3.26
3.57
4.05
4.22
0.57
8.62%
5.15%
—
1.99
Dividend per sh€
2.69
3.08
3.56
3.84
3.73
3.74
3.86
4.51
4.52
5.43
2.08
7.80%
8.50%
—
4.92
Div yield (avg)%
15.46
17.54
19.29
18.72
20.27
20.59
21.88
21.05
18.60
15.87
2.83
20.59
19.00
85
20.39
Payout ratio%
2.11
0.54
0.40
2.26
0.40
0.40
2.20
0.80
3.74
1.58
16.51
1.58
1.19
93
143.1
Shares (diluted)M
146.9
149.2
151.6
142.1
124.4
125.4
116.9
103.9
91.39
82.55
144.3
(7.87%)
(6.23%)
22
23.30
Buyback yield%
21.22
19.62
19.52
20.58
18.49
19.42
20.49
19.26
21.46
22.25
8.76
20.49
20.06
54
1.394
D/E ratiox
0.586
0.633
0.652
0.708
0.663
0.640
0.630
0.641
0.702
0.681
0.476
0.641
0.647
68
455.2
Enterprise value€M
311.8
321.0
350.3
350.7
362.6
398.7
464.0
498.8
493.3
560.0
179.9
9.08%
7.53%
28
293.9
LT debt€M
414.7
458.0
448.0
486.7
574.5
562.3
654.3
645.1
756.7
887.6
387.6
9.09%
9.91%
16
Revenue
€375.0M
0.49%
1.00×
Cost of revenue
€213.0M
0.34%
0.99×
Operating expenses
€81.90M
0.77%
1.03×
Property and equipment
15.49%
Spread over hurdle
(1.15%)