2.643
Revenue$M
2.843
3.014
3.237
3.463
3.645
3.897
4.115
4.463
4.716
5.094
2.824
6.92%
6.71%
31
13.69
Revenue growth%
18.91
17.78
17.92
19.23
18.21
18.00
20.92
22.80
25.77
24.49
11.05
22.80
19.07
42
27.34
Gross margin%
32.75
31.19
28.87
31.79
29.55
29.65
28.85
26.27
28.87
30.67
13.16
28.87
29.60
56
23.58
Operating margin%
0.40
0.82
0.43
0.40
0.40
0.40
2.68
4.98
4.15
6.42
4.05
4.15
0.62
77
16.62
Net margin%
17.15
16.88
18.89
18.98
21.39
21.69
23.08
20.55
22.43
25.02
25.29
22.43
20.97
8
14.48
P/E ratio (avg)x
23.55
21.44
23.10
23.83
24.99
23.67
25.55
23.31
21.68
20.37
17.03
23.31
23.43
66
26.74
EV/EBITx
14.72
15.43
16.48
19.14
19.05
18.89
20.54
22.61
21.60
21.33
34.29
21.33
19.09
62
24.39
FCF yield (avg)%
17.10
18.80
20.37
21.16
22.35
23.89
22.14
21.37
19.07
16.36
22.31
21.37
20.76
23
9.21
FCF margin%
11.21
8.65
5.99
5.68
4.84
7.27
6.95
8.26
6.32
9.13
6.64
7.27
7.11
88
1.169
FCF / Net incomex
0.801
0.880
0.955
0.894
0.801
0.740
0.712
0.739
0.799
0.852
0.195
0.740
0.801
47
9.46
ROIC%
3.89
3.16
3.12
2.29
2.86
4.49
6.73
8.91
11.26
11.84
9.62
8.91
4.19
21
16.59
Return on equity%
30.20
32.86
30.65
33.43
31.79
29.37
27.14
25.78
28.69
31.65
20.81
28.69
30.42
17
7.04
Return on assets%
3.17
1.79
3.60
2.83
1.40
0.40
0.40
1.03
0.40
0.40
21.93
0.40
1.21
59
0.56
EPS$
0.40
0.36
0.35
0.34
0.33
0.31
0.27
0.27
0.25
0.22
0.61
(7.45%)
(6.40%)
—
23.53
EPS growth%
5.83
5.44
3.42
5.93
8.27
5.89
6.34
7.12
9.53
8.52
9.99
7.12
6.14
34
0.57
Bookvalue per sh$
0.41
0.39
0.44
0.42
0.44
0.47
0.54
0.58
0.62
0.65
0.42
8.13%
6.14%
—
0.62
FCF per share$
0.84
0.95
1.02
1.07
1.10
1.14
1.19
1.25
1.28
1.51
0.56
6.50%
6.14%
—
0.30
Dividend per sh$
0.33
0.32
0.29
0.30
0.32
0.32
0.33
0.31
0.28
0.27
0.54
(3.09%)
(1.43%)
—
25.14
Div yield (avg)%
20.45
18.41
20.37
19.29
20.12
22.69
24.78
22.60
23.08
22.01
26.71
22.69
21.23
66
13.97
Payout ratio%
3.36
3.69
4.49
3.80
6.72
4.68
2.16
0.40
0.40
1.10
28.59
1.10
3.52
77
5.573
Shares (diluted)M
7.803
8.484
10.14
10.50
11.69
13.83
13.33
15.42
15.76
18.20
5.257
9.27%
10.44%
48
4.92
Buyback yield%
25.83
25.55
27.47
29.17
27.89
26.26
27.78
29.73
32.60
31.21
11.24
29.73
27.84
74
0.458
D/E ratiox
1.729
1.895
1.866
1.875
1.854
1.825
1.971
2.319
2.412
2.824
1.061
2.319
1.885
37
3.717
Enterprise value$M
4.867
4.998
5.047
5.474
6.022
6.861
7.216
6.862
7.212
7.556
3.408
4.64%
4.17%
20
0.278
LT debt$M
1.454
1.332
1.469
1.479
1.447
1.431
1.311
1.225
1.195
1.138
3.129
(4.68%)
(3.08%)
51
Revenue
$5.094M
6.71%
1.00×
Cost of revenue
$2.342M
6.41%
0.97×
Operating expenses
$0.983M
7.25%
1.05×
Property and equipment
17.48%
Cash and investments
15.37%
Spread over hurdle
(1.84%)