2.836
Revenue€M
2.561
2.792
3.030
3.247
3.544
3.884
4.219
4.548
4.883
3.023
3.519
8.50%
8.57%
43
29.15
Revenue growth%
19.48
20.06
20.97
22.62
21.43
21.92
20.27
21.48
23.94
16.96
14.95
21.48
21.21
51
16.82
Gross margin%
0.40
0.40
1.24
1.96
0.40
0.79
0.40
0.40
3.31
25.86
10.78
0.40
0.59
71
18.45
Operating margin%
29.58
32.32
34.14
32.87
34.76
36.46
36.12
33.52
32.54
14.89
5.93
34.76
33.19
12
26.18
Net margin%
2.80
3.64
4.98
3.71
3.57
6.23
3.81
5.75
8.58
11.16
28.04
5.75
4.39
53
35.55
P/E ratio (avg)x
9.319
8.749
9.163
9.666
9.278
8.425
8.561
7.710
8.448
29.75
21.21
8.448
8.714
67
16.73
EV/EBITx
32.58
30.55
30.70
28.48
26.02
26.51
25.12
28.78
26.89
33.42
36.74
26.51
28.63
8
10.62
FCF yield (avg)%
23.83
23.29
23.48
22.39
21.53
22.15
22.78
24.79
23.09
17.36
19.25
22.78
22.94
49
15.14
FCF margin%
20.87
20.00
17.09
19.08
16.33
17.28
17.77
19.84
17.45
17.07
26.37
17.45
18.42
54
0.627
FCF / Net incomex
1.061
1.066
0.980
1.011
1.022
0.956
1.029
0.993
0.948
0.484
0.579
0.993
1.002
89
17.16
ROIC%
19.45
20.12
17.14
17.24
14.37
15.80
14.86
14.55
12.16
3.95
2.34
14.55
16.47
88
13.84
Return on equity%
24.46
25.96
23.68
23.01
23.92
26.36
28.77
31.64
32.36
28.83
17.42
28.77
25.21
63
16.69
Return on assets%
22.43
22.18
20.24
18.62
15.81
17.74
15.98
17.35
20.12
7.37
8.08
17.35
19.37
68
1.67
EPS€
1.00
0.98
0.95
1.04
1.22
1.36
1.38
1.39
1.48
1.85
1.90
7.31%
5.51%
—
11.38
EPS growth%
2.86
0.48
0.70
2.57
0.40
0.40
0.40
2.38
5.15
5.76
3.21
0.40
1.54
40
0.90
Bookvalue per sh€
1.82
1.94
2.13
2.06
2.11
2.15
2.22
2.11
2.11
1.38
0.49
0.47%
1.03%
—
1.65
FCF per share€
2.73
2.95
2.94
3.02
3.41
4.12
4.72
5.18
5.17
1.19
2.27
11.33%
9.79%
—
0.47
Dividend per sh€
1.01
0.97
1.04
1.09
1.07
1.03
0.97
0.99
0.89
0.81
0.61
(4.02%)
(1.39%)
—
28.84
Div yield (avg)%
21.12
23.47
26.28
24.95
23.85
21.19
24.00
24.60
27.48
27.79
20.60
24.00
23.92
74
8.25
Payout ratio%
11.50
12.17
12.37
12.58
11.04
12.81
10.25
11.96
13.30
25.54
16.56
11.96
12.07
59
1.385
Shares (diluted)M
1.188
1.197
1.164
1.049
1.013
1.025
0.885
0.836
0.749
1.369
1.344
(6.51%)
(6.14%)
38
16.02
Buyback yield%
19.40
21.49
22.71
24.80
24.86
22.81
23.76
25.95
25.35
6.27
25.61
24.86
23.29
7
1.298
D/E ratiox
1.433
1.431
1.514
1.414
1.528
1.723
1.911
1.874
2.163
1.640
0.661
1.874
1.521
70
1.024
Enterprise value€M
0.580
0.496
0.529
0.536
0.513
0.546
0.469
0.509
0.525
4.104
1.195
(0.41%)
(1.79%)
11
3.772
LT debt€M
0.943
0.842
0.750
0.791
0.733
0.712
0.667
0.610
0.580
1.867
3.491
(6.02%)
(7.18%)
47
Revenue
€4.883M
8.57%
1.00×
Cost of revenue
€2.905M
8.23%
0.97×
Operating expenses
€0.688M
9.25%
1.06×
Goodwill & intangibles
15.53%
Spread over hurdle
20.95%