0.670
Revenue€M
2.049
2.180
2.272
2.406
2.557
2.738
2.880
3.040
3.174
3.342
0.715
5.50%
5.67%
15
25.81
Revenue growth%
8.24
8.08
5.22
2.25
3.84
1.15
0.40
0.40
0.40
1.78
24.60
0.40
2.02
48
8.72
Gross margin%
14.25
13.63
15.24
15.66
17.45
19.56
21.86
19.15
20.24
21.68
28.94
20.24
18.30
30
23.51
Operating margin%
25.05
24.94
24.13
25.08
26.42
25.46
27.79
26.78
26.03
23.16
3.70
26.03
25.27
42
23.80
Net margin%
7.57
6.00
4.80
3.62
3.66
3.00
2.36
0.47
1.93
0.40
14.83
1.93
3.31
30
28.30
P/E ratio (avg)x
14.81
12.94
12.92
12.54
13.66
12.01
12.75
11.58
11.65
12.26
15.03
12.01
12.65
55
24.69
EV/EBITx
22.19
23.13
24.33
24.77
23.41
23.32
24.05
26.61
24.22
21.37
24.20
24.05
23.73
11
15.81
FCF yield (avg)%
12.42
13.32
13.56
10.61
10.38
10.74
10.99
12.20
11.20
9.62
17.76
10.99
11.09
32
24.04
FCF margin%
16.30
16.92
19.00
20.43
22.49
23.08
23.83
22.05
21.17
21.02
4.39
22.05
21.09
68
0.322
FCF / Net incomex
0.477
0.465
0.464
0.484
0.488
0.544
0.627
0.737
0.882
0.857
0.854
0.737
0.516
16
6.61
ROIC%
17.46
19.85
21.37
22.05
20.92
20.54
18.91
19.00
21.30
22.70
7.79
20.54
20.73
40
29.78
Return on equity%
23.03
21.26
20.55
18.96
18.22
19.16
16.26
15.03
15.25
18.17
2.16
16.26
18.59
70
23.15
Return on assets%
16.45
17.57
17.06
15.33
15.93
16.36
15.48
17.39
16.43
16.60
28.99
16.43
16.44
65
0.08
EPS€
0.13
0.15
0.15
0.17
0.16
0.18
0.20
0.21
0.24
0.23
0.09
7.00%
7.39%
—
17.94
EPS growth%
15.03
14.44
12.39
12.56
15.50
13.78
14.43
14.84
15.55
18.28
7.75
14.84
14.64
52
0.05
Bookvalue per sh€
0.10
0.11
0.10
0.11
0.12
0.13
0.14
0.14
0.15
0.14
0.03
3.10%
3.22%
—
0.14
FCF per share€
0.06
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.04
0.09
(3.56%)
(3.33%)
—
0.17
Dividend per sh€
0.10
0.09
0.09
0.09
0.09
0.09
0.10
0.10
0.11
0.10
0.17
0.54%
(1.05%)
—
16.22
Div yield (avg)%
28.98
29.36
30.63
29.20
26.22
23.92
22.42
25.21
25.46
26.93
3.28
25.21
26.58
88
9.81
Payout ratio%
5.48
5.41
7.43
7.92
6.89
6.90
6.08
7.45
8.80
6.65
26.54
6.90
6.89
67
10.85
Shares (diluted)M
12.18
11.09
11.06
11.56
11.65
12.06
11.08
10.63
11.84
11.35
10.76
(0.54%)
(0.46%)
44
6.50
Buyback yield%
27.77
30.21
31.77
30.80
31.63
32.12
29.51
28.30
26.61
28.02
10.25
28.30
29.86
11
0.517
D/E ratiox
1.343
1.191
1.077
1.037
0.942
0.914
0.830
0.768
0.838
0.732
1.342
0.830
0.928
59
1.548
Enterprise value€M
0.549
0.559
0.505
0.488
0.509
0.495
0.486
0.441
0.444
0.416
0.742
(3.95%)
(2.88%)
76
1.225
LT debt€M
0.821
0.803
0.827
0.859
0.929
0.819
0.867
0.773
0.814
0.755
0.549
(4.07%)
(2.08%)
88
Revenue
€3.342M
5.67%
1.00×
Cost of revenue
€2.339M
5.67%
1.00×
Operating expenses
€0.388M
6.07%
1.04×
Cash and investments
19.58%
Spread over hurdle
18.30%