2.402
Revenue€M
5.201
5.271
5.547
5.731
5.794
6.119
6.390
6.509
6.878
7.204
2.462
4.45%
3.49%
29
4.62
Revenue growth%
23.65
25.55
27.47
26.44
27.65
30.43
31.79
31.54
32.52
30.38
18.24
31.54
29.01
69
13.11
Gross margin%
7.29
6.16
8.07
9.79
6.88
6.63
8.41
9.05
9.49
12.25
8.66
9.05
8.24
19
27.60
Operating margin%
20.84
19.59
17.32
17.70
18.90
20.48
19.97
22.42
21.64
22.00
26.01
21.64
20.22
65
12.62
Net margin%
6.52
8.94
9.42
10.91
9.21
6.22
3.54
4.95
3.64
5.91
23.50
4.95
6.37
61
11.88
P/E ratio (avg)x
12.34
12.62
13.77
14.15
12.67
12.19
11.02
11.51
12.02
12.61
30.26
12.02
12.48
13
20.59
EV/EBITx
22.05
20.59
19.88
19.34
19.58
21.27
21.43
22.31
23.16
22.75
17.16
22.31
21.35
34
10.90
FCF yield (avg)%
2.93
1.20
2.89
1.26
1.74
2.69
4.08
2.36
3.04
1.00
12.25
2.69
2.53
92
16.17
FCF margin%
38.20
36.20
35.86
34.76
33.04
30.89
32.92
31.42
33.73
31.10
26.52
31.42
33.39
12
1.134
FCF / Net incomex
0.350
0.323
0.342
0.369
0.406
0.447
0.496
0.491
0.481
0.440
1.427
0.481
0.423
85
26.26
ROIC%
21.14
20.72
21.42
23.69
23.61
25.11
23.94
25.01
25.59
25.14
16.59
25.11
23.82
80
23.31
Return on equity%
7.32
9.29
7.18
7.26
8.05
9.67
12.21
12.14
13.18
12.03
20.73
12.14
9.48
89
25.72
Return on assets%
26.21
27.98
28.98
29.83
31.30
32.78
35.52
35.79
37.91
36.76
18.99
35.79
32.04
20
—
EPS€
—
—
—
—
—
—
—
—
—
—
—
(1.41%)
(4.09%)
—
16.12
EPS growth%
6.20
8.75
6.67
8.41
10.12
10.00
10.35
9.52
11.21
12.17
9.43
10.35
9.76
27
—
Bookvalue per sh€
—
—
—
—
—
—
—
—
—
—
0.01
4.61%
1.14%
—
—
FCF per share€
—
—
—
—
—
—
—
—
—
—
0.01
(3.75%)
(1.89%)
—
—
Dividend per sh€
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.02
0.01
7.37%
8.80%
—
29.60
Div yield (avg)%
6.20
5.43
3.16
0.40
2.60
4.93
2.68
4.44
2.86
5.27
28.62
4.44
3.80
32
11.66
Payout ratio%
28.28
26.23
25.92
24.55
23.83
22.62
23.03
22.24
24.58
27.15
8.91
23.03
24.56
32
435.0
Shares (diluted)M
572.0
534.1
613.5
575.8
550.1
619.1
722.0
773.5
770.1
803.7
449.3
7.88%
3.44%
49
2.44
Buyback yield%
17.81
14.96
15.55
12.86
11.57
9.19
11.56
9.48
9.72
8.81
29.93
9.48
11.57
19
1.264
D/E ratiox
1.101
1.201
1.190
1.212
1.285
1.272
1.364
1.473
1.485
1.735
0.722
1.473
1.278
40
1.040
Enterprise value€M
2.134
1.975
2.210
2.543
2.723
2.787
3.174
3.031
3.260
3.349
2.469
4.22%
4.19%
17
5.402
LT debt€M
1.168
1.335
1.306
1.410
1.586
1.635
1.642
1.809
1.935
2.188
1.040
6.64%
6.95%
26
Revenue
€7.204M
3.49%
1.00×
Cost of revenue
€4.429M
3.53%
1.00×
Operating expenses
€1.305M
3.30%
0.98×
Cash and investments
17.88%
Property and equipment
15.54%
Spread over hurdle
20.56%