151.9
Revenue€M
106.5
115.3
124.6
132.8
140.0
151.4
159.8
171.0
187.2
204.6
164.5
7.89%
7.62%
87
3.37
Revenue growth%
25.01
22.99
22.35
20.75
20.27
18.20
19.96
18.10
17.41
14.99
6.58
18.10
20.11
22
22.05
Gross margin%
22.10
24.28
27.00
28.99
29.98
31.18
28.65
26.14
24.38
24.74
16.43
26.14
26.57
62
14.69
Operating margin%
24.83
23.16
20.23
19.89
19.78
17.69
17.09
15.58
18.49
16.87
25.11
17.09
19.14
17
21.81
Net margin%
21.88
21.19
19.20
17.43
14.76
15.77
18.11
21.00
20.17
21.49
9.55
20.17
19.69
30
30.27
P/E ratio (avg)x
19.96
17.60
15.45
13.88
14.52
15.58
14.96
13.01
12.19
13.18
11.55
13.18
14.74
42
27.01
EV/EBITx
41.27
42.37
46.88
43.38
39.81
41.44
42.45
46.73
52.26
49.49
26.21
46.73
42.91
61
15.33
FCF yield (avg)%
16.98
15.53
12.72
10.31
11.95
9.62
7.79
10.29
10.87
10.31
14.98
10.29
10.59
60
2.70
FCF margin%
10.33
9.12
8.04
9.01
11.47
13.96
11.69
9.51
10.72
10.74
17.67
10.74
10.53
27
1.288
FCF / Net incomex
0.165
0.163
0.180
0.181
0.209
0.226
0.270
0.273
0.299
0.346
0.287
0.273
0.218
64
28.53
ROIC%
29.00
31.17
32.35
34.62
33.09
32.60
31.93
32.43
32.84
31.72
16.30
32.43
32.39
86
17.10
Return on equity%
13.66
11.78
12.25
14.91
12.46
10.48
10.78
12.22
10.68
12.97
20.20
10.78
12.24
64
12.39
Return on assets%
3.83
6.11
7.29
10.12
10.82
12.37
11.54
12.09
13.23
11.70
5.93
12.09
11.18
48
0.60
EPS€
1.53
1.53
1.70
1.98
2.29
2.52
2.47
2.48
2.41
2.54
0.65
2.07%
4.63%
—
21.77
EPS growth%
34.27
32.62
31.30
33.42
36.38
34.73
34.81
36.61
38.42
38.46
22.19
36.61
34.77
27
2.00
Bookvalue per sh€
3.33
3.75
3.92
4.22
4.33
4.47
4.69
4.66
5.43
5.48
1.50
4.82%
6.05%
—
1.55
FCF per share€
1.39
1.51
1.40
1.54
1.67
1.56
1.51
1.61
1.62
1.76
1.93
0.99%
2.04%
—
2.73
Dividend per sh€
2.99
2.84
3.11
3.13
3.41
3.28
2.96
3.11
3.04
2.69
2.17
(4.66%)
(1.58%)
—
6.74
Div yield (avg)%
12.94
10.89
13.54
14.39
11.66
9.34
6.62
6.77
7.42
9.70
29.03
7.42
10.30
72
20.10
Payout ratio%
26.67
28.78
26.83
25.63
24.88
22.67
20.16
19.38
17.47
16.34
23.20
19.38
23.77
35
47.33
Shares (diluted)M
89.97
109.1
113.8
120.9
144.3
156.6
162.0
173.5
180.2
210.9
47.48
7.89%
11.02%
66
19.54
Buyback yield%
11.92
14.17
17.10
18.07
20.19
19.11
17.27
14.47
16.09
18.42
28.56
17.27
17.18
10
0.903
D/E ratiox
2.109
2.119
2.455
2.906
2.897
3.310
3.645
4.223
4.400
4.882
0.774
4.223
3.108
89
60.89
Enterprise value€M
179.8
188.5
191.8
200.9
233.5
249.7
256.7
246.2
257.9
251.7
184.3
1.51%
3.33%
76
175.4
LT debt€M
226.6
210.3
194.7
190.4
177.2
164.4
154.3
150.5
147.9
161.5
105.7
(1.84%)
(2.23%)
27
Revenue
€204.6M
7.62%
1.00×
Cost of revenue
€143.2M
7.62%
1.00×
Operating expenses
€37.68M
8.29%
1.06×
Cash and investments
13.82%
Spread over hurdle
(7.14%)