3.544
Revenue€M
3.969
4.216
4.297
4.460
4.742
5.014
5.329
5.415
5.666
5.991
3.924
4.79%
4.84%
73
11.05
Revenue growth%
19.56
21.66
21.60
20.13
22.82
22.55
21.05
20.68
22.97
22.06
2.27
22.06
21.63
63
17.38
Gross margin%
19.87
19.25
19.71
20.40
22.97
20.87
21.94
21.64
19.52
19.28
19.61
20.87
20.13
10
21.45
Operating margin%
7.00
4.01
6.93
9.60
6.74
4.99
2.36
2.67
3.63
3.68
14.18
3.63
4.50
60
4.65
Net margin%
20.82
22.01
24.05
22.85
20.19
18.47
20.80
23.27
22.57
24.18
16.89
22.57
22.29
15
13.46
P/E ratio (avg)x
18.95
18.17
19.98
20.38
21.79
21.32
23.63
21.12
19.42
21.61
28.30
21.32
20.75
78
7.433
EV/EBITx
37.66
43.02
46.29
46.14
44.98
53.01
59.90
69.87
72.13
71.48
16.93
69.87
49.65
50
8.96
FCF yield (avg)%
8.61
9.53
8.84
6.02
5.30
2.43
0.40
0.40
1.33
1.32
27.68
1.32
3.87
70
22.25
FCF margin%
13.63
15.56
13.62
15.66
15.85
17.95
19.18
19.51
22.03
19.74
9.42
19.51
16.90
91
0.292
FCF / Net incomex
1.106
1.139
1.063
1.216
1.323
1.315
1.412
1.371
1.269
1.213
1.435
1.315
1.242
65
28.30
ROIC%
5.70
3.77
5.76
4.85
4.97
5.87
5.00
5.50
3.61
6.04
17.63
5.50
5.25
48
25.53
Return on equity%
20.30
20.61
22.81
20.56
19.46
19.90
17.21
14.36
12.83
14.01
25.48
14.36
19.68
49
28.09
Return on assets%
30.73
28.51
27.48
29.57
30.67
32.00
30.52
33.48
30.95
30.48
14.92
30.95
30.59
77
0.16
EPS€
0.12
0.13
0.15
0.15
0.17
0.18
0.18
0.20
0.20
0.20
0.17
3.85%
6.72%
—
25.40
EPS growth%
21.90
22.58
20.47
18.94
18.47
17.21
19.60
17.18
19.18
19.37
19.94
19.18
19.28
26
0.09
Bookvalue per sh€
0.16
0.16
0.16
0.19
0.21
0.24
0.28
0.29
0.29
0.35
0.08
11.08%
8.51%
—
0.03
FCF per share€
0.17
0.18
0.17
0.18
0.18
0.20
0.20
0.20
0.22
0.23
0.04
4.79%
3.58%
—
0.04
Dividend per sh€
0.13
0.13
0.13
0.13
0.15
0.16
0.17
0.18
0.18
0.20
0.14
6.95%
5.93%
—
15.63
Div yield (avg)%
30.36
29.83
32.01
34.17
31.17
28.48
27.40
25.00
23.37
21.13
12.67
25.00
29.16
18
16.64
Payout ratio%
19.46
22.31
21.70
20.59
20.57
20.36
20.69
22.95
20.93
21.06
26.17
20.93
20.81
63
15.77
Shares (diluted)M
13.32
13.32
13.27
14.07
12.61
11.26
11.41
11.20
12.16
10.51
15.04
(3.59%)
(3.22%)
35
6.10
Buyback yield%
15.39
13.55
15.90
14.57
14.51
15.82
14.51
11.91
12.18
15.09
13.15
14.51
14.54
53
0.636
D/E ratiox
0.334
0.367
0.356
0.379
0.426
0.417
0.387
0.437
0.466
0.484
1.217
0.437
0.402
64
5.915
Enterprise value€M
2.678
2.454
2.566
2.443
2.378
2.627
2.567
2.835
2.904
2.835
6.005
3.58%
(0.26%)
91
1.552
LT debt€M
8.405
9.085
8.960
9.299
8.648
9.044
8.794
7.970
7.559
6.801
3.935
(4.69%)
(0.99%)
81
Revenue
€5.991M
4.84%
1.00×
Cost of revenue
€2.968M
4.66%
0.98×
Operating expenses
€1.321M
4.46%
0.96×
Property and equipment
15.36%
Spread over hurdle
10.90%