5.813
Revenue€M
11.66
12.07
12.82
13.45
14.27
14.85
15.63
16.32
17.26
18.20
6.249
4.99%
5.11%
52
28.57
Revenue growth%
7.47
9.96
12.47
11.08
9.60
7.99
10.44
9.85
7.39
4.92
26.12
7.99
9.72
45
24.99
Gross margin%
28.63
30.71
30.15
30.31
31.48
30.04
30.73
31.01
32.65
33.71
7.75
31.01
30.72
25
13.54
Operating margin%
23.99
25.61
26.05
25.54
24.65
23.52
22.01
24.12
21.32
19.74
4.88
22.01
24.05
19
19.30
Net margin%
13.53
15.07
16.03
16.58
17.08
15.75
17.14
19.84
19.71
21.61
15.14
19.71
16.83
74
35.21
P/E ratio (avg)x
31.18
35.46
34.41
38.87
38.51
44.89
42.65
45.05
44.79
48.49
18.32
44.89
40.76
43
15.79
EV/EBITx
12.81
13.10
13.30
12.29
11.79
13.01
13.54
13.11
14.17
12.79
24.70
13.11
13.05
81
20.02
FCF yield (avg)%
13.53
13.92
15.00
12.80
10.22
10.48
10.44
8.80
6.36
6.38
16.21
8.80
10.46
59
23.22
FCF margin%
0.49
0.40
0.40
1.44
4.29
1.92
0.40
2.40
3.01
0.61
17.36
1.92
1.02
87
1.360
FCF / Net incomex
1.814
1.831
1.686
1.820
1.857
1.877
1.768
1.787
1.577
1.424
0.778
1.768
1.800
92
3.15
ROIC%
29.48
31.65
32.61
33.21
30.25
29.27
29.81
31.47
31.32
30.72
16.97
30.72
31.02
26
25.33
Return on equity%
1.11
3.55
2.86
4.12
7.10
8.40
9.93
11.90
8.99
11.82
19.06
9.93
7.75
25
23.82
Return on assets%
26.01
28.21
25.29
26.94
28.61
28.92
31.43
32.95
31.20
29.58
27.86
31.20
28.77
22
0.12
EPS€
0.16
0.17
0.19
0.17
0.16
0.16
0.18
0.17
0.17
0.15
0.14
(0.75%)
0.59%
—
10.75
EPS growth%
16.01
17.42
16.66
14.64
17.25
14.65
14.39
14.41
14.99
15.75
5.63
14.65
15.37
51
0.05
Bookvalue per sh€
0.14
0.17
0.19
0.21
0.25
0.24
0.26
0.26
0.27
0.32
0.03
4.99%
9.83%
—
0.13
FCF per share€
0.17
0.17
0.18
0.21
0.22
0.20
0.20
0.18
0.20
0.18
0.15
(3.07%)
1.43%
—
0.07
Dividend per sh€
0.03
0.03
0.04
0.04
0.04
0.05
0.05
0.06
0.07
0.07
0.04
11.17%
8.37%
—
6.58
Div yield (avg)%
6.28
4.86
6.65
3.73
5.83
5.96
8.93
8.37
9.35
11.42
9.75
8.93
6.47
14
11.04
Payout ratio%
13.58
11.13
8.36
6.40
6.12
8.60
5.94
5.40
3.99
5.11
28.66
5.40
6.26
13
45.86
Shares (diluted)M
57.29
67.32
66.10
78.02
90.34
97.33
94.70
101.0
112.4
131.2
45.37
7.75%
9.38%
11
2.43
Buyback yield%
22.08
24.46
24.34
22.06
20.25
17.53
16.55
17.51
20.03
20.60
13.89
17.53
20.43
30
0.759
D/E ratiox
0.325
0.354
0.378
0.354
0.356
0.352
0.373
0.358
0.410
0.473
0.244
0.373
0.357
24
18.41
Enterprise value€M
21.28
20.43
19.05
18.51
18.26
18.07
17.84
20.10
22.06
25.40
22.44
6.82%
3.24%
16
20.04
LT debt€M
4.542
4.681
4.985
5.333
5.138
5.679
6.039
6.469
7.026
6.708
1.552
5.47%
2.83%
39
Revenue
€18.20M
5.11%
1.00×
Cost of revenue
€12.74M
5.11%
1.00×
Operating expenses
€3.126M
5.38%
1.03×
Spread over hurdle
(4.81%)