88.26
Revenue$M
95.54
104.6
112.0
121.4
131.7
142.6
154.5
170.7
181.9
201.3
98.78
8.85%
8.57%
85
6.62
Revenue growth%
34.55
31.57
33.80
35.02
33.34
33.06
35.66
34.32
36.91
37.20
16.39
35.66
34.43
9
14.40
Gross margin%
25.75
28.20
27.99
26.55
27.84
29.39
28.90
30.99
30.33
30.08
16.33
30.08
28.55
77
10.78
Operating margin%
0.40
0.40
0.40
0.40
0.40
0.40
0.40
0.40
0.52
0.40
2.42
0.40
0.40
12
16.27
Net margin%
27.78
26.66
25.34
22.93
23.53
25.07
26.38
23.67
25.49
24.51
22.22
25.07
25.21
60
13.60
P/E ratio (avg)x
41.50
39.08
38.17
42.55
38.68
36.63
41.32
45.81
44.99
43.77
31.10
43.77
41.41
92
6.450
EV/EBITx
20.55
21.98
24.68
24.53
27.37
29.04
30.27
35.94
37.38
39.31
26.63
35.94
28.20
33
11.95
FCF yield (avg)%
27.33
25.24
25.46
25.55
25.39
22.87
22.76
20.12
18.25
16.25
25.47
20.12
24.06
94
13.12
FCF margin%
26.59
29.29
30.65
28.22
26.30
23.31
25.12
26.63
24.88
26.21
4.37
25.12
26.44
21
0.910
FCF / Net incomex
2.148
2.189
2.300
2.352
2.250
2.602
2.697
3.157
3.485
3.342
1.731
3.157
2.477
62
24.12
ROIC%
7.83
9.48
10.75
8.14
10.16
12.01
13.35
11.74
11.11
14.03
10.57
12.01
10.93
45
11.46
Return on equity%
14.71
16.98
18.12
20.63
22.26
19.93
22.80
21.46
20.05
20.87
8.32
20.87
20.34
77
22.78
Return on assets%
17.45
14.71
17.51
19.51
20.31
22.08
20.54
19.33
18.60
20.33
28.40
20.33
19.42
10
0.18
EPS$
0.30
0.32
0.36
0.37
0.38
0.40
0.44
0.43
0.41
0.44
0.19
3.31%
4.06%
—
27.26
EPS growth%
13.83
12.94
14.91
13.18
11.18
9.61
11.78
9.53
8.06
6.01
21.70
9.53
11.48
61
0.22
Bookvalue per sh$
0.67
0.71
0.72
0.77
0.88
0.87
0.82
0.88
0.88
0.88
0.55
0.21%
3.07%
—
0.20
FCF per share$
0.23
0.27
0.29
0.33
0.39
0.43
0.43
0.45
0.46
0.53
0.29
6.19%
9.00%
—
0.44
Dividend per sh$
0.58
0.57
0.55
0.51
0.50
0.53
0.46
0.47
0.49
0.50
0.26
(0.17%)
(2.87%)
—
15.88
Div yield (avg)%
23.59
21.19
18.76
17.89
18.45
15.68
13.05
10.39
12.06
10.04
27.81
12.06
16.79
55
4.48
Payout ratio%
6.20
3.65
2.01
0.40
2.36
4.33
2.46
1.07
3.84
6.14
29.88
3.84
3.06
63
188.9
Shares (diluted)M
321.4
387.2
398.0
474.3
513.3
523.8
555.4
635.1
674.6
701.0
190.4
6.43%
7.89%
62
2.70
Buyback yield%
25.05
25.88
28.44
30.26
27.72
26.66
26.01
25.43
22.87
24.86
12.79
25.43
25.94
88
1.257
D/E ratiox
1.878
1.826
1.899
1.785
1.687
1.743
1.721
1.889
1.900
2.089
1.245
1.889
1.852
68
19.33
Enterprise value$M
195.7
205.6
217.5
235.9
275.9
296.1
334.0
342.6
367.1
427.3
61.37
9.14%
8.78%
79
174.2
LT debt$M
151.6
134.4
117.6
111.8
107.7
105.7
106.2
110.7
96.54
93.37
43.30
(2.81%)
(4.14%)
62
Revenue
$201.3M
8.57%
1.00×
Cost of revenue
$117.1M
8.56%
1.00×
Operating expenses
$45.91M
8.74%
1.02×
Cash and investments
16.53%
Property and equipment
15.77%
Spread over hurdle
(3.76%)