1.016
Revenue€M
0.692
0.742
0.799
0.858
0.930
0.971
1.052
1.122
1.179
1.224
1.055
5.64%
6.24%
52
27.62
Revenue growth%
7.08
8.67
6.78
8.12
7.84
10.10
10.47
9.71
10.97
9.44
29.51
10.10
9.06
57
7.51
Gross margin%
19.29
18.82
17.49
19.22
20.77
19.48
19.36
17.15
18.61
20.57
25.71
19.36
19.25
61
23.23
Operating margin%
12.06
13.02
11.07
12.83
14.99
15.60
14.89
14.40
12.78
10.44
17.29
14.40
12.92
48
12.61
Net margin%
12.22
9.95
7.99
10.82
8.89
10.90
9.88
9.78
7.51
5.73
7.32
9.78
9.83
8
36.30
P/E ratio (avg)x
13.72
15.81
18.01
18.69
20.51
20.18
23.08
26.77
25.00
24.46
37.29
24.46
20.34
15
12.31
EV/EBITx
13.15
13.55
13.81
15.55
18.23
17.67
18.96
21.63
23.05
21.83
10.67
21.63
17.95
78
10.83
FCF yield (avg)%
19.38
19.54
16.88
18.43
20.21
22.81
20.46
19.07
18.36
16.42
7.43
19.07
19.23
48
16.61
FCF margin%
11.20
10.26
11.17
10.81
11.16
12.54
13.75
16.21
14.03
13.16
24.08
13.75
11.87
84
1.221
FCF / Net incomex
0.127
0.130
0.146
0.142
0.151
0.172
0.193
0.231
0.267
0.297
1.636
0.231
0.162
94
17.72
ROIC%
8.26
6.64
4.29
5.17
5.98
8.54
10.66
10.54
7.99
10.73
21.59
10.54
8.13
82
20.96
Return on equity%
5.39
7.90
5.86
5.79
7.80
5.29
2.30
5.28
6.38
3.52
16.55
5.28
5.59
14
19.68
Return on assets%
17.92
18.88
20.42
19.92
19.99
21.39
21.48
19.30
20.10
19.35
3.96
20.10
19.96
14
—
EPS€
—
—
—
—
—
—
—
—
—
—
—
5.30%
3.83%
—
29.36
EPS growth%
24.75
27.26
24.27
21.37
18.55
15.75
14.98
17.89
16.94
16.71
25.38
16.71
18.22
37
—
Bookvalue per sh€
—
—
—
—
—
—
—
—
—
—
—
(3.69%)
(2.32%)
—
—
FCF per share€
—
—
—
—
—
—
—
—
—
—
—
4.75%
4.63%
—
—
Dividend per sh€
—
—
—
—
—
—
—
—
—
—
—
(0.22%)
(2.39%)
—
28.35
Div yield (avg)%
12.92
15.37
13.54
10.89
10.41
8.14
7.55
7.13
8.46
5.70
16.05
7.55
9.44
18
19.72
Payout ratio%
30.14
30.77
32.60
34.51
32.65
32.09
31.65
31.73
31.88
31.12
16.94
31.73
31.80
34
45.60
Shares (diluted)B
60.87
67.96
67.25
78.30
87.85
97.65
115.1
130.1
133.6
148.3
43.12
11.04%
10.96%
60
4.54
Buyback yield%
7.98
6.58
6.60
6.81
6.27
4.58
2.59
3.10
5.29
4.92
28.88
4.58
5.78
85
0.179
D/E ratiox
0.544
0.621
0.634
0.670
0.736
0.729
0.701
0.780
0.752
0.693
1.174
0.729
0.697
77
0.078
Enterprise value€M
1.578
1.722
2.041
2.045
2.287
2.633
2.758
3.242
3.166
3.810
0.050
10.74%
10.78%
68
0.846
LT debt€M
1.423
1.513
1.674
1.578
1.825
2.001
2.155
2.407
2.761
2.977
0.525
10.28%
8.09%
9
Revenue
€1.224M
6.24%
1.00×
Cost of revenue
€0.857M
6.24%
1.00×
Operating expenses
€0.214M
5.70%
0.95×
Spread over hurdle
58.70%