1.572
Revenue€B
1.248
1.349
1.477
1.617
1.762
1.868
1.987
2.120
2.282
2.442
1.680
6.74%
7.50%
39
28.93
Revenue growth%
27.01
27.88
27.47
24.63
23.21
21.56
21.49
21.28
22.21
24.04
17.77
21.56
23.62
8
27.85
Gross margin%
2.07
3.14
4.12
6.83
9.03
6.25
8.50
11.35
12.50
12.97
19.68
11.35
7.66
19
18.24
Operating margin%
6.30
3.65
3.69
0.97
1.70
4.66
2.72
0.40
2.63
3.52
10.36
2.72
3.12
34
4.77
Net margin%
4.84
2.89
0.40
2.34
1.48
2.50
5.36
6.04
4.15
5.97
17.13
5.36
3.52
68
6.785
P/E ratio (avg)x
9.308
9.118
9.420
8.940
7.933
7.119
7.407
7.519
7.614
8.089
23.54
7.519
8.011
58
8.552
EV/EBITx
43.67
42.06
43.01
41.39
47.27
51.20
59.78
58.20
58.73
64.88
30.61
58.73
49.24
77
6.74
FCF yield (avg)%
29.65
28.42
30.77
28.15
27.54
30.46
27.65
26.38
23.42
25.00
22.76
26.38
27.90
55
27.83
FCF margin%
32.66
34.86
36.88
34.99
36.81
38.90
37.81
37.53
38.44
39.32
15.22
38.44
37.20
86
0.522
FCF / Net incomex
0.528
0.509
0.557
0.536
0.613
0.713
0.804
0.844
0.798
0.870
0.988
0.804
0.663
23
15.58
ROIC%
18.41
18.18
20.68
17.99
15.60
16.14
18.05
19.15
19.08
16.52
4.37
18.05
18.12
47
16.97
Return on equity%
15.96
18.17
20.04
18.10
20.85
19.33
19.92
22.30
21.21
19.65
5.36
19.92
19.79
91
11.93
Return on assets%
22.70
20.55
20.78
18.14
18.10
16.12
15.98
18.63
21.26
21.54
24.43
18.63
19.59
54
0.85
EPS€
1.45
1.69
1.67
1.95
1.98
2.09
2.42
2.57
3.01
3.35
0.91
11.11%
10.75%
—
8.51
EPS growth%
10.92
13.05
12.58
12.42
11.30
12.34
12.05
13.10
13.36
15.90
10.28
13.10
12.50
67
0.19
Bookvalue per sh€
0.73
0.64
0.60
0.58
0.63
0.67
0.58
0.55
0.49
0.45
0.40
(6.23%)
(5.31%)
—
0.19
FCF per share€
0.69
0.76
0.79
0.75
0.88
0.83
0.87
0.85
0.92
1.06
0.92
3.82%
5.30%
—
0.69
Dividend per sh€
0.59
0.61
0.53
0.54
0.52
0.50
0.47
0.41
0.41
0.40
0.16
(4.98%)
(4.33%)
—
14.74
Div yield (avg)%
5.36
5.31
5.19
3.77
2.39
5.12
7.24
9.91
8.97
10.90
24.60
8.97
5.33
66
15.77
Payout ratio%
8.48
6.56
8.18
7.06
9.88
12.47
9.48
8.01
10.29
11.14
25.52
10.29
8.98
56
2.077
Shares (diluted)B
2.333
2.459
2.346
2.402
2.609
2.412
2.421
2.700
2.618
2.830
2.123
1.64%
2.63%
9
21.11
Buyback yield%
17.05
17.82
19.58
22.23
24.78
23.67
24.69
24.80
24.70
23.04
26.97
24.69
23.35
63
0.548
D/E ratiox
1.562
1.612
1.608
1.793
1.964
1.764
1.770
1.863
1.877
1.976
1.047
1.863
1.781
33
2.270
Enterprise value€B
1.206
1.245
1.165
1.180
1.127
1.215
1.065
1.184
1.294
1.418
0.974
4.69%
0.75%
14
1.003
LT debt€B
2.680
2.801
2.631
2.478
2.832
3.199
3.009
2.872
3.301
3.367
0.875
3.52%
3.88%
19
Revenue
€2.442B
7.50%
1.00×
Cost of revenue
€1.375B
7.39%
0.99×
Operating expenses
€355.5M
7.37%
0.99×
Goodwill & intangibles
19.25%
Spread over hurdle
14.50%