1.818
Revenue€M
19.96
21.06
22.58
23.46
25.08
27.14
29.12
30.92
33.50
35.23
2.005
7.03%
6.28%
22
16.15
Revenue growth%
19.24
21.26
21.29
18.55
20.64
19.22
22.15
22.93
25.54
24.44
4.77
22.93
21.27
25
4.75
Gross margin%
1.68
3.51
1.02
3.05
1.06
1.34
0.40
0.40
0.40
0.40
26.14
0.40
1.04
87
23.43
Operating margin%
11.79
11.06
12.62
12.94
10.81
11.07
8.47
9.39
7.65
6.67
16.68
8.47
10.94
38
27.53
Net margin%
10.03
9.50
11.15
10.41
12.59
15.35
13.15
11.69
11.12
13.22
25.31
13.15
11.42
89
25.01
P/E ratio (avg)x
33.92
32.41
36.15
33.51
30.81
33.25
35.19
33.44
31.69
33.83
24.14
33.44
33.47
91
31.13
EV/EBITx
27.37
27.76
28.36
29.72
31.10
34.17
38.39
35.03
33.94
38.50
21.45
35.03
32.52
65
15.18
FCF yield (avg)%
18.83
17.62
19.23
16.77
19.00
16.75
17.02
15.93
17.01
19.39
19.12
17.01
17.32
67
21.07
FCF margin%
10.35
7.88
6.36
4.73
6.19
8.92
6.73
6.32
6.34
7.45
6.52
6.73
6.55
52
1.510
FCF / Net incomex
0.945
1.035
1.144
1.200
1.186
1.173
1.323
1.405
1.396
1.255
0.627
1.323
1.193
42
28.13
ROIC%
15.52
17.69
20.36
20.61
20.49
22.97
21.10
21.10
20.99
18.92
22.35
21.10
20.55
5
22.22
Return on equity%
11.64
10.33
12.85
11.43
8.70
7.23
4.56
2.73
3.55
2.88
25.06
3.55
7.97
42
26.20
Return on assets%
31.21
32.48
31.55
31.84
29.41
30.11
31.00
32.94
34.89
35.02
23.31
32.94
31.69
17
0.28
EPS€
0.47
0.46
0.51
0.60
0.65
0.66
0.67
0.73
0.81
0.86
0.30
5.95%
7.91%
—
22.06
EPS growth%
17.65
20.07
18.95
20.01
17.29
16.09
13.44
12.04
13.99
15.57
5.82
13.99
16.69
44
0.19
Bookvalue per sh€
0.18
0.19
0.19
0.21
0.23
0.26
0.25
0.25
0.25
0.28
0.12
3.75%
5.15%
—
0.47
FCF per share€
0.35
0.36
0.36
0.34
0.36
0.34
0.34
0.33
0.34
0.31
0.26
(3.26%)
(0.99%)
—
0.26
Dividend per sh€
0.21
0.21
0.18
0.18
0.18
0.16
0.15
0.14
0.15
0.13
0.16
(6.05%)
(4.10%)
—
14.51
Div yield (avg)%
3.94
4.95
4.35
2.10
0.40
0.40
0.40
0.73
0.40
0.82
18.97
0.40
0.77
85
9.22
Payout ratio%
8.93
8.94
7.53
6.37
5.29
3.30
4.52
7.32
6.98
7.10
20.45
6.98
7.04
64
18.03
Shares (diluted)M
18.50
16.92
15.04
15.45
16.70
17.19
18.15
16.60
16.76
17.02
17.55
0.38%
(1.42%)
92
14.10
Buyback yield%
23.60
21.41
18.75
16.27
15.46
15.08
13.63
11.30
12.58
13.91
21.28
13.63
15.27
42
1.316
D/E ratiox
0.187
0.200
0.202
0.201
0.217
0.241
0.278
0.304
0.315
0.332
1.747
0.304
0.229
30
10.15
Enterprise value€M
14.97
15.76
18.04
18.79
22.19
22.50
24.47
28.89
29.43
32.31
3.039
7.80%
8.20%
63
5.852
LT debt€M
17.91
16.54
18.95
19.61
20.72
21.26
21.13
22.51
22.24
23.18
2.633
2.28%
1.91%
85
Revenue
€35.23M
6.28%
1.00×
Cost of revenue
€24.66M
6.28%
1.00×
Operating expenses
€4.735M
5.90%
0.96×
Spread over hurdle
38.78%