2.269
Revenue€B
2.012
2.066
2.136
2.157
2.245
2.367
2.385
2.493
2.624
2.664
2.538
3.48%
3.07%
33
22.00
Revenue growth%
24.13
21.45
19.11
17.36
20.25
19.61
22.31
24.20
23.92
24.17
13.81
23.92
21.88
51
13.92
Gross margin%
13.38
16.04
14.79
17.54
15.07
12.62
10.41
7.79
9.74
8.43
14.36
9.74
13.00
69
15.28
Operating margin%
23.35
23.08
24.86
22.03
20.60
21.15
21.76
24.10
25.73
23.08
5.24
23.08
23.08
62
24.60
Net margin%
5.20
8.17
7.14
8.51
11.01
13.42
15.77
14.73
12.17
14.77
21.39
14.73
11.59
78
29.07
P/E ratio (avg)x
15.09
17.09
19.51
18.75
19.36
18.74
17.57
15.98
17.10
16.19
36.41
17.10
17.34
90
34.00
EV/EBITx
42.10
46.15
43.87
40.37
41.13
43.49
45.02
41.60
44.59
45.79
15.98
44.59
43.68
57
16.85
FCF yield (avg)%
31.96
30.87
32.83
35.18
37.19
37.81
39.24
36.61
34.26
36.48
2.20
36.61
35.83
90
14.92
FCF margin%
4.27
1.71
3.15
5.16
6.06
7.03
9.31
10.21
11.13
10.58
23.08
10.21
6.55
45
0.292
FCF / Net incomex
0.549
0.605
0.668
0.700
0.843
0.912
0.976
1.047
1.191
1.209
1.149
1.047
0.878
81
19.25
ROIC%
24.54
22.06
21.55
19.67
18.17
19.22
19.38
17.93
19.16
17.71
26.56
19.16
19.30
66
23.47
Return on equity%
1.36
0.40
1.71
0.40
0.40
0.40
3.31
3.87
2.16
3.36
5.74
3.31
1.53
60
16.75
Return on assets%
19.81
17.03
16.98
15.97
13.65
13.66
13.87
13.20
12.02
15.01
11.61
13.66
14.44
7
1.13
EPS€
0.83
0.77
0.65
0.64
0.58
0.62
0.56
0.56
0.48
0.52
1.18
(2.33%)
(4.91%)
—
24.16
EPS growth%
4.90
2.87
4.85
3.39
3.53
2.81
4.51
3.26
2.94
0.60
25.80
2.94
3.32
55
1.36
Bookvalue per sh€
0.57
0.63
0.68
0.68
0.77
0.80
0.79
0.89
0.92
1.00
0.85
5.43%
6.90%
—
1.34
FCF per share€
0.49
0.53
0.50
0.56
0.61
0.58
0.62
0.68
0.74
0.76
0.44
4.61%
4.62%
—
0.25
Dividend per sh€
1.52
1.44
1.53
1.64
1.83
1.78
2.00
2.20
2.36
2.37
0.94
5.29%
5.60%
—
14.63
Div yield (avg)%
35.46
33.73
35.73
34.12
31.94
31.77
33.49
33.37
30.70
28.03
15.49
31.77
33.43
64
14.47
Payout ratio%
10.49
9.52
11.50
12.40
11.44
13.61
16.07
13.84
16.44
17.32
29.51
16.07
13.00
36
0.792
Shares (diluted)B
1.206
1.205
1.360
1.322
1.359
1.438
1.575
1.761
1.881
1.796
0.767
5.74%
4.26%
23
12.12
Buyback yield%
23.15
25.05
26.35
25.77
24.55
23.65
22.49
24.73
25.72
25.53
13.29
24.73
24.89
10
1.800
D/E ratiox
1.492
1.445
1.675
1.846
1.843
1.960
1.958
2.224
2.528
2.716
1.135
2.224
1.902
76
0.722
Enterprise value€B
2.734
2.740
3.147
3.219
3.196
3.489
3.874
4.032
4.640
4.710
1.068
8.07%
5.74%
89
2.739
LT debt€B
1.433
1.535
1.381
1.484
1.570
1.693
1.471
1.355
1.174
1.247
2.000
(4.51%)
(0.66%)
64
Revenue
€2.664B
3.07%
1.00×
Cost of revenue
€1.706B
3.08%
1.00×
Operating expenses
€534.9M
2.38%
0.94×
Cash and investments
16.11%
Goodwill & intangibles
15.20%
Spread over hurdle
(3.17%)