281.3
Revenue$M
240.1
264.3
289.5
314.8
345.2
379.6
412.1
438.2
474.6
511.7
313.9
8.19%
8.98%
82
20.98
Revenue growth%
28.27
28.52
27.69
24.90
24.97
25.34
25.10
25.02
24.04
26.22
27.25
25.10
25.22
8
26.44
Gross margin%
23.94
22.57
25.30
23.05
23.12
22.29
20.26
20.02
20.16
20.38
24.15
20.26
22.43
57
8.38
Operating margin%
32.08
34.78
34.54
35.08
34.60
36.24
35.70
37.50
36.39
38.36
6.92
36.39
35.39
50
20.56
Net margin%
24.17
23.51
25.72
26.32
28.51
29.34
29.31
28.09
31.06
33.11
26.17
29.34
28.30
65
26.36
P/E ratio (avg)x
25.75
26.77
30.05
30.26
34.36
33.23
34.52
38.77
38.05
39.55
12.27
38.05
33.80
77
6.802
EV/EBITx
6.552
6.853
7.695
7.249
7.817
7.522
7.353
8.028
7.947
7.245
14.55
7.522
7.438
41
23.76
FCF yield (avg)%
29.43
31.75
31.54
29.61
30.26
31.45
30.86
28.89
28.13
26.75
24.60
28.89
29.94
12
26.78
FCF margin%
16.31
15.62
15.32
17.46
15.00
16.84
16.07
18.92
15.98
13.40
26.24
16.07
16.03
18
1.090
FCF / Net incomex
0.481
0.562
0.567
0.642
0.689
0.720
0.809
0.926
0.983
0.937
0.930
0.926
0.704
18
13.96
ROIC%
8.46
7.24
7.37
9.90
7.80
9.23
11.96
9.06
8.48
8.69
8.34
9.06
8.59
86
23.30
Return on equity%
16.73
15.52
16.64
15.82
17.52
17.04
14.20
14.97
12.09
11.48
6.25
14.20
15.67
45
25.79
Return on assets%
6.35
8.34
8.45
6.83
7.30
7.18
5.92
6.69
9.37
9.40
19.32
7.18
7.24
92
1.08
EPS$
0.75
0.77
0.77
0.87
0.89
1.06
1.05
1.03
1.13
1.28
1.18
7.51%
6.86%
—
21.08
EPS growth%
27.89
30.64
30.85
28.95
26.05
26.91
27.04
28.53
26.08
27.37
5.38
27.04
27.63
46
0.17
Bookvalue per sh$
0.70
0.66
0.71
0.73
0.76
0.77
0.80
0.79
0.75
0.66
0.59
(2.84%)
(1.22%)
—
0.40
FCF per share$
0.49
0.43
0.42
0.46
0.42
0.45
0.40
0.39
0.34
0.32
1.15
(5.18%)
(4.96%)
—
0.77
Dividend per sh$
0.29
0.28
0.30
0.32
0.28
0.29
0.24
0.24
0.22
0.21
0.50
(5.85%)
(4.03%)
—
25.71
Div yield (avg)%
5.82
4.78
6.68
6.47
7.72
6.92
8.01
10.96
8.35
7.24
25.17
8.01
7.08
60
22.91
Payout ratio%
22.47
19.79
19.70
20.58
18.56
16.04
16.18
17.39
15.16
15.10
10.63
16.04
17.97
35
182.1
Shares (diluted)M
155.7
160.1
143.8
150.8
139.8
127.6
125.4
124.3
108.9
95.56
184.7
(7.33%)
(4.18%)
9
16.84
Buyback yield%
8.04
10.85
11.39
14.26
12.56
14.28
16.66
15.83
14.76
12.56
7.32
14.76
13.41
37
1.729
D/E ratiox
2.494
2.997
3.168
3.240
3.639
3.988
4.781
5.711
6.403
7.487
0.158
5.711
3.813
86
357.0
Enterprise value$M
130.0
141.7
160.5
185.7
187.2
187.7
193.9
192.0
193.8
232.2
453.1
4.40%
7.97%
65
247.2
LT debt$M
344.7
404.0
432.8
431.1
437.7
519.5
617.8
692.1
697.7
812.9
153.6
13.18%
8.50%
20
Revenue
$511.7M
8.98%
1.00×
Cost of revenue
$311.0M
9.01%
1.00×
Operating expenses
$114.1M
9.00%
1.00×
Cash and investments
17.42%
Spread over hurdle
(1.27%)