4.541
RevenueKD M
4.261
4.517
4.683
4.870
5.028
5.369
5.733
6.025
6.350
6.734
4.707
6.02%
5.18%
48
15.46
Revenue growth%
3.39
2.23
3.78
6.26
3.95
4.79
1.89
0.40
1.64
0.40
6.76
1.64
2.81
32
22.40
Gross margin%
28.68
29.70
32.35
31.41
30.01
29.36
29.60
31.09
32.27
34.37
18.31
31.09
30.55
24
7.32
Operating margin%
20.16
18.03
17.23
18.41
18.45
17.61
19.01
21.15
21.75
20.79
15.37
20.79
18.73
19
10.89
Net margin%
26.99
27.12
28.41
25.45
27.06
26.45
24.13
23.69
26.58
26.68
18.24
26.45
26.63
84
8.511
P/E ratio (avg)x
22.17
20.42
20.85
21.25
22.15
20.52
19.23
19.90
21.25
21.50
23.28
20.52
21.05
33
15.02
EV/EBITx
18.64
17.63
16.59
17.14
16.46
17.42
18.66
18.28
19.60
20.07
23.70
18.66
17.95
11
27.37
FCF yield (avg)%
15.83
14.27
12.15
13.18
15.27
16.01
16.64
16.24
14.40
13.47
9.68
16.01
14.84
54
14.65
FCF margin%
6.56
9.39
7.88
10.20
10.50
7.58
7.24
6.61
6.13
7.39
15.41
7.24
7.49
75
1.003
FCF / Net incomex
2.924
3.312
3.511
3.803
4.006
3.819
3.620
3.993
4.059
4.015
0.919
3.993
3.811
24
6.36
ROIC%
8.43
6.72
8.64
6.95
5.86
5.79
8.70
5.89
5.40
3.49
5.01
5.79
6.31
12
26.10
Return on equity%
20.73
19.76
19.83
19.95
17.35
16.97
19.48
19.56
17.44
14.61
23.93
17.44
19.52
50
16.22
Return on assets%
27.18
29.44
29.94
27.78
26.58
27.26
27.70
30.20
27.31
26.67
7.73
27.31
27.50
82
0.01
EPSKD
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
5.19%
6.05%
—
14.92
EPS growth%
18.03
18.78
21.00
20.04
19.13
19.09
18.99
17.91
20.29
19.78
14.60
19.09
19.11
26
0.01
Bookvalue per shKD
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
(2.50%)
(2.12%)
—
0.01
FCF per shareKD
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
(2.75%)
(0.74%)
—
0.02
Dividend per shKD
0.03
0.03
0.03
0.03
0.04
0.04
0.04
0.04
0.04
0.05
0.01
4.99%
6.33%
—
21.47
Div yield (avg)%
19.43
17.74
15.01
16.00
18.31
16.04
16.29
18.05
15.93
18.24
21.18
16.29
17.02
80
9.22
Payout ratio%
6.14
7.83
6.95
9.12
9.51
9.72
11.29
12.01
12.11
9.67
3.85
11.29
9.59
54
117.4
Shares (diluted)M
186.2
210.3
225.4
218.4
247.7
240.9
249.4
249.0
252.4
265.1
121.1
1.37%
4.80%
73
10.55
Buyback yield%
17.31
14.92
17.43
17.82
19.32
20.30
19.66
17.19
14.48
14.06
28.03
17.19
17.37
85
0.399
D/E ratiox
0.738
0.774
0.907
0.955
1.141
1.129
1.294
1.310
1.576
1.671
0.428
1.310
1.135
67
2.459
Enterprise valueKD M
0.295
0.298
0.313
0.337
0.310
0.334
0.313
0.313
0.279
0.258
5.249
(3.59%)
(2.61%)
31
3.847
LT debtKD M
9.796
9.647
10.77
11.72
13.70
15.99
18.81
19.24
22.35
22.46
2.301
10.39%
10.67%
50
Cost of revenue
5.48%
1.03×
Operating expenses
5.01%
0.98×
Spread over hurdle
(2.89%)