372.1
Revenue$M
188.0
199.0
217.5
232.7
245.5
260.5
283.9
304.0
324.6
351.0
383.5
7.41%
7.03%
80
16.83
Revenue growth%
18.33
15.38
14.64
15.13
17.91
19.60
17.67
16.55
14.80
12.05
15.33
16.55
15.96
53
18.70
Gross margin%
9.98
9.30
6.77
8.18
7.42
7.97
7.01
8.93
11.88
14.58
8.31
8.93
8.55
20
14.05
Operating margin%
2.49
3.29
3.82
4.33
6.55
7.28
4.85
6.58
6.91
8.70
18.65
6.91
5.70
23
4.85
Net margin%
30.09
28.18
28.55
28.82
28.89
31.80
33.49
34.72
32.16
29.83
6.55
32.16
29.96
16
19.84
P/E ratio (avg)x
39.02
42.77
41.22
48.11
53.56
51.14
56.66
61.80
68.56
67.10
27.43
61.80
52.35
73
30.15
EV/EBITx
35.40
40.50
45.07
46.29
53.17
55.17
59.46
56.34
55.49
60.37
36.08
56.34
54.17
47
22.53
FCF yield (avg)%
8.71
7.77
8.75
6.75
4.07
5.21
6.02
5.01
2.71
0.98
19.91
5.01
5.62
15
23.82
FCF margin%
24.68
25.90
26.74
24.51
27.36
26.11
24.84
27.58
28.49
28.41
17.75
27.58
26.43
91
0.966
FCF / Net incomex
0.609
0.699
0.717
0.755
0.859
0.854
0.828
0.888
1.006
1.085
0.828
0.888
0.841
26
20.37
ROIC%
14.59
14.15
13.09
14.68
11.71
10.22
12.59
10.97
12.75
14.30
5.83
12.59
12.92
78
18.56
Return on equity%
5.82
6.96
6.08
8.89
10.13
10.89
8.57
9.23
10.90
9.97
21.11
9.97
9.06
16
15.25
Return on assets%
14.49
17.21
18.62
20.86
20.03
22.73
24.86
25.01
26.08
28.72
11.58
25.01
21.79
5
0.22
EPS$
0.69
0.67
0.66
0.76
0.82
0.96
0.93
1.04
1.03
1.18
0.25
7.67%
5.63%
—
20.37
EPS growth%
15.81
14.80
13.38
15.66
17.50
16.13
15.32
13.27
12.63
9.98
14.29
13.27
15.06
93
0.19
Bookvalue per sh$
1.04
1.19
1.27
1.29
1.53
1.48
1.66
1.79
2.01
2.30
0.51
8.47%
10.10%
—
0.20
FCF per share$
0.53
0.63
0.75
0.76
0.82
0.91
1.09
1.07
1.28
1.31
0.67
9.96%
9.70%
—
0.64
Dividend per sh$
0.36
0.38
0.39
0.44
0.52
0.60
0.69
0.80
0.85
0.97
0.27
13.50%
10.18%
—
13.40
Div yield (avg)%
28.68
26.91
27.10
28.72
26.57
29.30
29.16
28.72
28.49
27.33
8.46
28.72
28.58
94
21.72
Payout ratio%
6.16
8.90
9.05
9.53
6.70
9.33
11.38
9.21
10.71
12.17
18.07
10.71
9.27
69
426.4
Shares (diluted)M
454.6
430.5
466.2
448.5
489.0
517.0
577.5
561.5
609.5
645.5
447.8
5.71%
3.51%
47
6.65
Buyback yield%
9.73
6.76
7.27
9.75
9.35
11.36
10.58
10.89
11.87
9.99
12.86
10.89
9.87
89
0.666
D/E ratiox
2.457
2.804
2.982
3.492
3.850
4.332
4.548
5.176
6.070
7.077
1.215
5.176
4.091
23
116.0
Enterprise value$M
72.26
83.16
85.58
88.67
97.01
99.80
98.97
116.1
130.2
134.3
103.8
6.72%
7.76%
22
133.2
LT debt$M
480.3
426.1
434.9
483.9
514.8
480.4
437.4
433.6
441.5
404.0
381.9
(4.73%)
(0.69%)
55
Revenue
$351.0M
7.03%
1.00×
Cost of revenue
$245.7M
7.03%
1.00×
Operating expenses
$69.49M
6.39%
0.94×
Spread over hurdle
(3.45%)