275.3
Revenue$M
285.1
291.4
305.0
309.9
322.5
340.9
346.0
367.1
389.9
412.1
307.4
5.02%
3.95%
48
28.13
Revenue growth%
13.52
16.27
16.17
15.58
16.93
18.27
16.65
16.64
16.70
18.65
26.90
16.70
16.64
33
3.74
Gross margin%
22.44
23.81
23.26
24.61
24.31
22.15
19.96
21.94
21.29
18.78
22.94
21.29
22.29
88
8.40
Operating margin%
13.79
11.59
14.40
14.50
15.70
17.02
14.79
17.55
19.77
22.66
20.77
17.55
15.24
90
5.72
Net margin%
22.30
24.40
26.53
25.02
22.70
22.36
22.08
20.07
21.25
20.15
18.30
21.25
22.33
21
12.44
P/E ratio (avg)x
7.984
7.461
7.313
7.189
7.585
8.502
8.989
8.791
8.497
7.937
27.58
8.502
7.960
63
12.40
EV/EBITx
28.94
28.38
31.36
31.41
34.89
32.35
30.44
33.59
37.05
36.80
22.26
33.59
31.88
29
4.70
FCF yield (avg)%
27.65
30.61
29.33
31.03
31.27
29.42
30.46
28.08
26.71
28.16
20.32
28.16
29.38
66
9.10
FCF margin%
28.75
29.86
30.31
28.27
29.87
28.25
25.81
27.96
28.91
27.10
6.45
27.96
28.51
90
0.289
FCF / Net incomex
1.752
1.966
1.936
2.149
2.325
2.149
2.131
2.274
2.119
1.976
1.504
2.131
2.125
54
6.60
ROIC%
11.64
9.00
10.86
9.29
9.56
9.42
6.80
8.70
11.17
10.59
6.68
9.42
9.49
85
23.41
Return on equity%
29.24
30.38
31.39
33.26
32.60
30.38
32.02
35.01
36.38
38.05
18.82
35.01
32.31
17
2.47
Return on assets%
3.61
3.52
6.11
8.61
9.39
10.16
9.03
8.01
5.33
6.99
19.08
8.01
7.50
83
1.15
EPS$
0.53
0.57
0.60
0.55
0.49
0.46
0.48
0.48
0.50
0.44
1.19
(2.14%)
(1.27%)
—
24.57
EPS growth%
28.98
28.96
28.17
27.19
28.66
30.37
32.14
31.47
29.29
30.06
20.41
30.37
29.13
61
0.53
Bookvalue per sh$
1.65
1.69
1.87
1.95
2.19
2.17
2.49
2.50
2.88
2.75
0.59
4.74%
6.00%
—
0.48
FCF per share$
0.95
0.93
0.96
0.98
1.06
1.22
1.14
1.19
1.28
1.46
0.63
6.59%
4.26%
—
1.47
Dividend per sh$
1.77
2.03
2.39
2.58
3.12
3.70
4.00
4.28
5.15
5.74
2.01
12.96%
13.10%
—
22.21
Div yield (avg)%
20.98
22.39
23.00
22.68
20.56
21.68
22.89
23.39
25.13
26.41
19.47
23.39
22.79
64
23.93
Payout ratio%
20.63
19.29
17.60
19.30
20.42
23.42
21.25
22.47
24.93
25.31
10.67
23.42
20.94
92
106.1
Shares (diluted)M
95.55
101.0
104.0
111.3
118.1
103.1
94.41
82.27
88.01
93.47
108.3
(4.56%)
(0.18%)
66
27.14
Buyback yield%
16.63
18.97
16.26
14.72
15.81
17.21
18.07
15.66
13.11
13.39
6.57
15.66
16.03
17
0.225
D/E ratiox
1.051
1.053
1.126
1.119
1.072
1.159
1.269
1.371
1.412
1.421
1.284
1.371
1.142
60
323.6
Enterprise value$M
174.4
156.7
140.9
138.3
132.3
127.2
130.2
131.7
141.4
136.7
74.11
0.65%
(1.76%)
12
263.5
LT debt$M
268.6
242.8
239.6
224.9
198.2
173.0
189.8
197.0
191.8
166.4
198.1
(3.44%)
(5.60%)
16
Revenue
$412.1M
3.95%
1.00×
Cost of revenue
$280.7M
3.86%
0.99×
Operating expenses
$89.66M
4.26%
1.03×
Cash and investments
17.67%
Spread over hurdle
(6.40%)