61.28
Revenue€M
143.6
158.9
168.8
180.2
195.7
207.7
220.7
237.3
253.3
271.2
67.64
6.74%
7.26%
46
12.12
Revenue growth%
0.40
0.60
2.84
3.70
1.10
0.40
0.40
0.40
2.75
1.25
9.39
0.40
0.85
39
19.40
Gross margin%
28.42
26.23
25.70
26.25
26.42
28.98
26.34
23.90
26.25
28.05
5.93
26.34
26.30
12
17.00
Operating margin%
10.26
11.52
14.32
14.23
16.70
15.70
18.38
20.26
21.82
19.12
11.98
19.12
16.20
20
26.74
Net margin%
20.54
19.28
16.61
19.41
20.23
20.01
22.73
22.64
24.01
26.97
16.43
22.73
20.38
72
23.61
P/E ratio (avg)x
19.59
18.64
18.00
20.73
21.51
24.46
24.14
25.67
26.37
26.55
31.37
25.67
22.82
68
32.18
EV/EBITx
30.19
32.49
31.41
29.79
31.05
33.66
37.57
37.72
38.28
36.39
6.689
37.57
33.08
8
2.72
FCF yield (avg)%
17.06
19.03
19.32
18.33
16.01
15.24
14.09
12.85
10.25
8.58
28.95
12.85
15.63
50
29.20
FCF margin%
26.39
24.78
22.70
23.30
21.83
23.36
21.62
21.09
18.95
16.08
20.19
21.09
22.27
60
1.036
FCF / Net incomex
2.546
2.647
2.703
2.813
3.288
3.277
3.926
4.399
5.154
6.140
0.213
4.399
3.282
24
28.72
ROIC%
19.84
16.87
16.15
16.81
19.61
20.82
20.16
17.41
14.66
15.18
14.83
17.41
17.14
18
3.54
Return on equity%
14.75
15.76
13.57
10.64
9.86
12.45
13.69
14.24
11.45
12.07
9.44
12.45
13.01
93
5.01
Return on assets%
15.16
14.46
13.43
15.82
17.47
18.40
20.99
23.03
25.91
25.46
28.64
23.03
17.94
50
0.11
EPS€
0.19
0.19
0.19
0.16
0.17
0.16
0.17
0.18
0.17
0.15
0.12
(2.62%)
(2.61%)
—
8.77
EPS growth%
15.97
15.78
14.39
13.85
13.12
14.79
14.98
17.10
16.21
18.49
9.52
16.21
15.38
81
0.21
Bookvalue per sh€
0.48
0.51
0.60
0.61
0.71
0.74
0.88
1.05
1.17
1.28
0.05
12.60%
10.08%
—
0.17
FCF per share€
0.15
0.16
0.17
0.19
0.21
0.20
0.19
0.21
0.23
0.24
0.18
2.72%
5.58%
—
0.25
Dividend per sh€
0.25
0.26
0.27
0.28
0.33
0.33
0.33
0.38
0.41
0.46
0.08
6.93%
7.16%
—
24.16
Div yield (avg)%
11.44
13.81
12.56
12.03
11.65
11.24
13.32
10.71
10.22
12.86
9.18
11.24
11.84
63
14.17
Payout ratio%
23.18
22.41
20.91
19.72
18.23
20.66
22.81
25.50
23.48
25.89
8.52
23.48
22.61
35
369.5
Shares (diluted)M
371.6
360.6
330.6
312.2
271.6
291.4
311.2
307.8
324.6
329.3
360.2
3.93%
(1.77%)
89
21.52
Buyback yield%
13.06
13.77
14.92
17.77
16.91
15.40
18.35
19.59
19.99
18.61
29.24
18.61
17.34
33
1.727
D/E ratiox
1.531
1.608
1.596
1.456
1.476
1.567
1.530
1.725
1.902
2.108
1.174
1.725
1.581
14
154.1
Enterprise value€M
168.9
177.2
168.3
169.1
170.0
184.0
210.5
214.4
227.0
232.6
21.69
6.47%
3.47%
38
246.3
LT debt€M
262.8
296.7
282.7
312.0
341.6
342.4
405.7
480.2
493.1
485.3
146.7
7.28%
6.61%
88
Revenue
€271.2M
7.26%
1.00×
Cost of revenue
€139.8M
6.86%
0.96×
Operating expenses
€57.58M
7.69%
1.04×
Goodwill & intangibles
18.00%
Spread over hurdle
21.35%