239.3
Revenue€M
280.1
297.0
322.4
337.9
352.8
373.7
407.4
443.8
485.2
508.4
252.2
7.58%
7.01%
11
8.32
Revenue growth%
2.18
0.56
1.12
0.40
0.40
0.40
1.15
1.30
0.73
0.40
3.60
0.73
0.65
34
8.23
Gross margin%
14.94
12.60
13.07
10.61
11.15
9.95
9.64
7.60
10.53
8.23
19.08
9.64
10.57
76
25.23
Operating margin%
15.61
17.62
20.36
20.69
23.19
20.89
23.83
25.58
27.37
26.32
7.96
25.58
22.04
85
26.56
Net margin%
27.92
27.60
25.51
25.56
25.39
23.21
21.23
21.14
19.31
21.89
8.96
21.23
24.30
55
26.56
P/E ratio (avg)x
37.62
40.83
40.42
40.95
47.01
53.67
62.63
70.83
79.70
86.16
7.246
70.83
50.34
23
32.49
EV/EBITx
33.28
33.10
29.55
29.63
28.71
28.78
26.05
25.00
23.32
20.66
7.325
25.00
28.75
57
5.58
FCF yield (avg)%
15.94
18.87
19.57
21.06
21.11
21.42
24.11
21.71
24.40
26.40
4.03
24.11
21.26
22
20.87
FCF margin%
18.71
20.90
23.61
23.02
22.72
23.94
23.00
21.29
20.32
21.91
13.91
21.91
22.32
34
0.225
FCF / Net incomex
2.350
2.728
2.847
3.417
3.747
4.358
5.057
5.628
6.728
6.536
0.536
5.628
4.053
31
12.80
ROIC%
0.90
0.40
0.40
0.70
0.40
0.40
2.76
0.93
3.86
5.32
16.61
2.76
0.80
76
12.92
Return on equity%
28.49
28.17
31.11
29.18
30.53
29.86
30.31
32.80
34.19
32.49
29.10
32.49
30.42
55
25.61
Return on assets%
3.15
1.85
1.65
0.81
1.76
0.40
1.72
4.05
6.70
5.34
7.54
4.05
1.80
15
0.18
EPS€
0.22
0.21
0.24
0.26
0.24
0.24
0.25
0.23
0.21
0.20
0.20
(3.70%)
(0.20%)
—
10.34
EPS growth%
6.88
4.21
2.52
2.57
3.33
2.63
3.37
4.84
6.29
6.89
14.24
4.84
3.79
67
0.37
Bookvalue per sh€
0.58
0.60
0.63
0.61
0.58
0.65
0.73
0.67
0.64
0.71
0.43
4.08%
2.73%
—
0.29
FCF per share€
0.47
0.49
0.53
0.58
0.58
0.56
0.51
0.55
0.59
0.58
0.42
0.13%
3.00%
—
0.46
Dividend per sh€
0.52
0.51
0.50
0.52
0.61
0.65
0.69
0.70
0.73
0.70
0.43
2.91%
3.08%
—
8.54
Div yield (avg)%
6.10
7.53
6.78
9.70
8.04
6.34
8.32
9.04
10.45
9.82
22.59
9.04
8.18
58
24.32
Payout ratio%
20.90
22.06
22.12
25.03
25.79
26.57
28.08
29.23
26.99
25.64
23.58
26.99
25.71
68
0.465
Shares (diluted)B
0.624
0.599
0.575
0.554
0.587
0.592
0.702
0.797
0.890
1.037
0.458
12.07%
6.85%
41
14.65
Buyback yield%
18.18
16.94
14.09
12.35
13.33
10.74
9.89
8.19
5.30
4.98
10.31
8.19
11.54
20
1.533
D/E ratiox
1.371
1.338
1.523
1.502
1.685
1.991
2.060
2.215
2.154
2.237
1.070
2.154
1.838
71
153.6
Enterprise value€M
405.3
368.9
366.3
380.3
373.7
397.2
375.7
379.7
385.4
378.3
375.5
0.25%
(0.18%)
28
434.7
LT debt€M
117.4
111.7
118.3
101.2
101.1
109.0
105.9
100.3
101.9
89.14
301.5
(2.48%)
(2.23%)
58
Revenue
€508.4M
7.01%
1.00×
Cost of revenue
€336.1M
7.10%
1.01×
Operating expenses
€80.96M
6.23%
0.93×
Cash and investments
16.24%
Spread over hurdle
13.33%