360.4
Revenue$M
227.6
246.6
260.6
285.5
312.3
341.6
367.9
404.5
435.5
458.8
392.4
8.00%
7.88%
58
22.72
Revenue growth%
15.34
13.17
14.19
13.63
13.50
10.84
10.01
10.76
8.54
8.80
14.94
10.01
12.01
51
26.18
Gross margin%
26.21
25.06
27.54
28.05
26.80
29.09
28.69
28.60
30.44
28.15
29.77
28.69
28.10
63
26.65
Operating margin%
27.70
25.52
25.52
22.92
21.15
18.33
17.69
18.28
18.63
20.38
14.76
18.33
20.76
70
20.58
Net margin%
1.26
2.96
2.70
2.40
2.58
1.73
0.40
2.23
1.05
0.98
24.86
1.05
1.98
20
10.84
P/E ratio (avg)x
18.99
17.59
18.24
17.77
19.80
22.35
23.14
22.83
26.13
28.99
18.58
23.14
21.07
13
19.22
EV/EBITx
43.23
49.35
47.94
49.10
46.82
49.65
51.20
48.67
54.18
56.49
6.057
51.20
49.23
11
20.45
FCF yield (avg)%
24.78
26.30
27.16
27.24
26.47
25.63
25.03
27.91
29.07
28.59
24.08
27.91
26.82
25
9.53
FCF margin%
27.41
28.25
25.88
26.51
28.18
29.90
28.24
30.66
32.43
29.96
10.47
29.96
28.25
94
0.749
FCF / Net incomex
1.103
1.055
0.998
1.075
1.226
1.160
1.185
1.382
1.297
1.253
1.227
1.253
1.172
64
23.76
ROIC%
6.33
8.28
6.39
7.70
8.59
8.48
9.30
12.09
12.10
13.37
20.40
12.09
8.54
41
12.85
Return on equity%
7.08
7.58
9.76
9.82
8.38
9.46
6.75
4.17
3.19
4.09
9.49
4.17
7.33
6
19.41
Return on assets%
17.85
16.83
16.61
15.09
16.70
14.04
15.29
14.95
15.69
15.57
29.11
15.29
15.63
77
0.11
EPS$
0.20
0.22
0.25
0.30
0.34
0.34
0.37
0.43
0.49
0.57
0.13
10.69%
12.39%
—
8.54
EPS growth%
9.93
11.18
12.96
11.58
13.47
12.79
13.09
13.31
10.63
10.72
14.21
12.79
12.19
76
0.13
Bookvalue per sh$
0.26
0.26
0.28
0.33
0.33
0.35
0.32
0.37
0.41
0.46
0.08
6.64%
5.24%
—
0.15
FCF per share$
0.13
0.12
0.11
0.11
0.10
0.11
0.09
0.10
0.10
0.10
0.19
0.76%
(1.52%)
—
0.28
Dividend per sh$
0.21
0.21
0.25
0.27
0.27
0.27
0.30
0.36
0.43
0.52
0.28
13.75%
9.79%
—
17.02
Div yield (avg)%
2.73
3.36
2.50
1.18
0.42
0.40
3.32
0.87
0.40
0.40
15.08
0.40
1.02
25
28.86
Payout ratio%
11.96
12.69
15.24
16.69
14.61
16.19
15.65
17.53
20.14
20.73
26.71
17.53
15.92
17
0.989
Shares (diluted)B
1.626
1.919
1.867
2.089
2.254
2.592
3.009
3.427
3.367
3.911
1.008
11.66%
10.60%
21
20.81
Buyback yield%
16.56
17.30
14.59
15.92
16.09
17.76
15.71
18.65
17.76
17.74
22.00
17.76
16.93
94
0.637
D/E ratiox
1.261
1.357
1.552
1.466
1.612
1.542
1.757
2.057
2.109
2.073
0.462
2.057
1.582
32
381.6
Enterprise value$M
306.7
286.0
288.3
314.1
301.4
335.7
362.5
405.3
457.4
437.1
76.44
7.72%
3.60%
13
28.91
LT debt$M
187.8
189.4
208.9
220.2
257.2
280.9
299.2
312.6
318.9
304.6
186.2
3.44%
4.36%
82
Revenue
$458.8M
7.88%
1.00×
Cost of revenue
$278.0M
7.82%
0.99×
Operating expenses
$107.2M
7.54%
0.97×
Cash and investments
21.94%
Property and equipment
12.79%
Spread over hurdle
(0.63%)