1.625
Revenue€M
6.122
6.406
6.640
6.848
7.205
7.561
7.979
8.213
8.464
8.594
1.755
3.59%
3.89%
91
3.35
Revenue growth%
14.50
15.10
13.94
15.23
17.79
19.55
18.78
18.20
16.00
14.43
5.07
18.20
15.61
57
3.35
Gross margin%
33.33
35.16
34.27
35.62
34.73
35.52
38.17
40.04
38.27
41.04
17.11
38.27
35.57
45
21.87
Operating margin%
22.40
24.28
27.00
28.86
31.17
32.53
34.49
36.78
34.57
34.25
18.68
34.49
31.85
70
17.99
Net margin%
18.44
17.85
20.41
21.68
21.11
22.18
23.21
20.59
19.97
19.95
15.11
20.59
20.50
93
25.00
P/E ratio (avg)x
25.26
28.52
29.20
28.32
30.27
31.25
31.69
31.94
31.99
35.27
27.12
31.94
30.76
43
8.716
EV/EBITx
11.21
10.76
12.13
12.59
12.92
14.75
14.45
15.31
14.24
15.06
6.877
14.75
13.58
58
4.99
FCF yield (avg)%
9.30
7.11
9.99
11.41
12.97
13.65
13.34
10.82
11.87
14.03
2.69
13.34
11.64
64
20.26
FCF margin%
24.43
25.34
24.33
24.89
23.98
23.92
24.25
23.37
26.26
24.58
3.72
24.25
24.38
95
0.681
FCF / Net incomex
0.335
0.356
0.352
0.346
0.354
0.345
0.319
0.317
0.306
0.318
0.520
0.318
0.340
27
15.33
ROIC%
14.90
16.62
16.10
13.63
13.70
13.13
15.63
15.89
12.99
14.42
9.64
14.42
14.66
91
24.65
Return on equity%
28.97
28.25
25.37
22.67
25.37
24.42
26.08
25.40
25.05
27.22
3.25
25.40
25.39
47
20.92
Return on assets%
16.78
18.54
21.02
19.28
21.79
20.39
20.12
18.03
19.41
17.79
8.56
19.41
19.35
64
0.16
EPS€
0.18
0.16
0.17
0.17
0.16
0.15
0.16
0.16
0.16
0.18
0.18
1.87%
(0.37%)
—
17.29
EPS growth%
24.14
26.72
28.10
28.80
28.76
28.09
29.03
31.37
34.06
35.17
24.22
31.37
28.78
89
0.04
Bookvalue per sh€
0.05
0.05
0.05
0.04
0.04
0.04
0.04
0.04
0.05
0.04
0.11
2.08%
(2.31%)
—
0.17
FCF per share€
0.19
0.18
0.18
0.20
0.22
0.22
0.23
0.27
0.27
0.31
0.20
7.52%
7.10%
—
0.21
Dividend per sh€
0.17
0.17
0.18
0.18
0.17
0.18
0.19
0.20
0.19
0.22
0.20
4.64%
2.21%
—
28.99
Div yield (avg)%
14.04
15.62
15.15
15.14
14.77
13.94
14.59
14.36
15.96
17.49
15.17
14.59
14.95
62
28.62
Payout ratio%
12.02
9.50
11.00
10.49
8.22
10.43
13.12
10.29
12.61
10.08
27.51
10.43
10.46
60
43.36
Shares (diluted)M
57.53
60.07
67.80
65.38
70.04
76.59
84.11
96.49
113.0
114.6
43.39
10.35%
8.09%
87
26.65
Buyback yield%
18.34
19.40
22.11
20.74
21.25
22.78
22.80
24.90
24.37
22.99
17.47
22.99
22.44
91
1.318
D/E ratiox
1.270
1.353
1.303
1.218
1.309
1.360
1.399
1.509
1.629
1.601
0.331
1.509
1.357
74
0.881
Enterprise value€M
3.943
4.016
3.903
3.523
3.165
2.745
2.925
3.164
3.212
3.312
3.618
0.92%
(2.53%)
57
9.489
LT debt€M
3.695
3.446
3.418
2.885
2.635
2.395
2.115
1.789
1.889
1.960
3.144
(5.75%)
(6.90%)
55
Revenue
€8.594M
3.89%
1.00×
Cost of revenue
€5.596M
3.67%
0.98×
Operating expenses
€1.420M
4.17%
1.03×
Property and equipment
18.37%
Spread over hurdle
(2.12%)