2.063
Revenue€M
12.96
13.23
13.46
14.01
14.61
15.11
15.85
16.31
16.67
17.15
2.198
3.26%
3.20%
29
29.50
Revenue growth%
14.84
17.44
17.56
18.38
17.39
16.78
16.51
14.93
15.85
17.98
15.76
16.51
17.09
24
18.20
Gross margin%
13.77
15.47
17.13
15.36
13.17
10.66
11.97
14.73
14.84
13.53
7.35
13.53
14.25
15
9.85
Operating margin%
14.35
16.99
14.69
14.55
15.29
14.41
16.69
16.82
16.04
13.68
2.94
16.04
14.99
59
14.85
Net margin%
27.25
26.63
24.70
25.10
24.33
26.83
29.69
29.40
29.19
29.53
11.86
29.40
27.04
36
18.04
P/E ratio (avg)x
33.52
36.15
33.00
34.19
37.70
39.58
39.72
43.08
40.20
37.50
37.94
39.72
37.60
68
16.51
EV/EBITx
15.50
14.97
15.54
15.60
17.10
15.71
17.83
16.23
16.59
15.60
19.51
16.23
15.66
27
27.98
FCF yield (avg)%
11.29
12.01
13.23
15.72
13.54
11.82
13.80
12.59
14.41
11.66
28.18
12.59
12.91
38
6.30
FCF margin%
22.03
20.80
21.09
19.57
21.90
24.19
22.75
23.83
21.45
23.77
9.16
23.77
21.97
47
0.724
FCF / Net incomex
0.944
0.909
0.908
0.819
0.841
0.937
1.045
0.969
1.011
1.094
0.401
1.011
0.941
81
27.64
ROIC%
29.20
31.36
28.39
31.25
30.04
30.30
28.15
29.17
27.48
30.25
14.99
29.17
29.62
20
2.37
Return on equity%
18.30
19.85
22.77
21.39
23.43
24.42
27.17
24.83
25.68
27.31
5.88
25.68
23.92
81
20.55
Return on assets%
10.32
11.70
13.77
12.54
11.98
14.89
13.78
11.45
11.98
9.99
4.57
11.98
11.98
22
1.45
EPS€
0.56
0.48
0.51
0.53
0.57
0.55
0.50
0.45
0.49
0.44
1.59
(4.98%)
(1.78%)
—
9.04
EPS growth%
27.72
25.64
27.90
29.73
31.61
29.31
31.38
32.11
32.61
29.66
3.45
31.38
29.69
78
0.92
Bookvalue per sh€
1.79
1.86
2.11
2.33
2.37
2.22
2.41
2.32
2.42
2.25
0.36
(1.04%)
3.22%
—
1.13
FCF per share€
0.35
0.36
0.35
0.31
0.29
0.26
0.26
0.24
0.23
0.24
0.79
(3.17%)
(4.63%)
—
0.74
Dividend per sh€
0.87
0.77
0.78
0.69
0.63
0.64
0.64
0.65
0.67
0.58
0.73
(1.57%)
(4.34%)
—
9.24
Div yield (avg)%
9.71
7.11
8.16
7.19
8.21
10.90
11.73
13.69
12.17
12.63
12.35
12.17
10.31
61
4.82
Payout ratio%
11.37
10.65
12.94
15.08
17.15
16.84
16.42
16.26
14.58
16.85
6.55
16.42
15.67
59
6.299
Shares (diluted)M
7.426
7.403
7.468
8.127
7.935
7.493
6.784
6.119
6.627
6.192
6.370
(4.84%)
(2.26%)
70
21.17
Buyback yield%
22.93
25.04
26.97
24.52
24.06
22.83
22.55
20.38
19.90
21.11
25.65
21.11
22.88
81
0.600
D/E ratiox
1.673
1.683
1.771
1.985
2.215
2.386
2.449
2.353
2.345
2.532
0.652
2.386
2.280
67
2.331
Enterprise value€M
13.75
14.75
12.72
11.16
10.03
9.925
9.245
8.346
8.284
7.906
7.213
(4.65%)
(5.17%)
50
15.59
LT debt€M
2.604
2.654
2.713
2.871
2.977
3.135
3.305
3.646
4.332
4.951
12.87
10.71%
7.30%
88
Revenue
€17.15M
3.20%
1.00×
Cost of revenue
€10.08M
3.11%
0.99×
Operating expenses
€3.426M
3.38%
1.02×
Goodwill & intangibles
18.51%
Cash and investments
16.99%
Spread over hurdle
14.11%