31.17
Revenue$M
257.5
285.5
312.7
341.4
377.5
416.9
454.2
502.4
557.9
608.0
32.91
10.00%
9.90%
10
24.31
Revenue growth%
7.92
6.19
7.27
8.08
10.55
8.88
11.08
13.09
15.69
15.64
28.86
13.09
9.71
43
7.33
Gross margin%
21.04
22.76
22.14
20.17
18.16
18.55
20.79
18.38
20.90
23.26
27.45
20.79
20.84
21
22.53
Operating margin%
27.49
30.47
29.33
31.06
33.09
33.82
32.52
31.70
34.54
36.67
29.82
33.82
32.11
50
11.11
Net margin%
7.51
10.09
7.69
6.39
8.62
5.77
4.32
6.87
5.59
3.37
29.88
5.59
6.63
59
25.08
P/E ratio (avg)x
19.37
17.78
16.06
16.52
15.13
14.59
13.16
12.93
13.83
14.23
14.54
13.83
14.86
6
32.86
EV/EBITx
36.75
35.95
35.68
38.37
44.49
48.73
51.59
51.41
49.92
57.01
28.79
51.41
46.61
60
25.55
FCF yield (avg)%
14.80
16.85
19.67
20.21
17.41
20.10
21.42
20.86
19.49
22.48
24.15
20.86
19.89
32
7.45
FCF margin%
17.72
19.03
17.12
16.34
13.65
14.88
16.04
13.10
14.46
13.11
28.73
14.46
15.46
78
1.130
FCF / Net incomex
0.717
0.799
0.915
0.901
0.878
0.948
1.015
1.167
1.085
1.190
0.376
1.085
0.932
76
8.08
ROIC%
27.82
25.87
25.07
23.37
21.70
19.16
17.59
17.41
17.68
17.75
7.03
17.68
20.43
31
15.45
Return on equity%
22.17
22.89
24.61
21.72
23.87
22.64
21.15
18.93
21.02
23.21
25.68
21.15
22.40
31
12.44
Return on assets%
26.14
28.28
26.58
24.37
21.48
21.44
21.46
18.66
19.81
22.69
2.74
21.44
22.08
95
0.99
EPS$
0.48
0.52
0.54
0.52
0.54
0.59
0.57
0.61
0.64
0.75
1.01
6.61%
4.89%
—
27.69
EPS growth%
2.91
2.13
0.40
0.85
0.40
0.69
3.52
3.83
6.38
7.76
28.56
3.83
2.52
56
0.34
Bookvalue per sh$
1.26
1.25
1.24
1.39
1.50
1.57
1.61
1.67
1.86
2.21
0.33
8.08%
5.55%
—
0.88
FCF per share$
1.17
1.37
1.51
1.59
1.68
1.83
1.87
1.89
1.90
2.00
1.16
3.50%
6.75%
—
0.66
Dividend per sh$
1.17
1.15
1.26
1.43
1.56
1.56
1.70
1.65
1.63
1.74
0.44
2.28%
3.51%
—
21.79
Div yield (avg)%
8.76
7.87
9.20
9.19
12.07
11.55
9.20
11.34
8.69
7.92
11.69
9.20
9.20
9
2.68
Payout ratio%
5.77
4.33
3.69
5.18
7.84
9.06
6.98
7.77
10.31
8.18
5.31
8.18
7.37
10
267.4
Shares (diluted)M
312.3
288.4
319.5
324.7
296.5
325.1
344.5
345.3
341.7
336.4
268.5
2.55%
1.76%
80
17.03
Buyback yield%
0.40
1.38
4.12
6.78
4.02
2.83
0.40
3.07
1.15
1.18
15.58
1.18
2.11
74
1.569
D/E ratiox
1.258
1.091
1.047
0.999
0.983
1.049
1.024
0.919
1.011
0.879
1.478
1.011
1.017
53
441.4
Enterprise value$M
100.3
94.68
104.5
110.4
119.9
128.6
123.7
128.0
124.0
136.2
502.4
2.59%
2.35%
22
322.5
LT debt$M
231.5
234.2
233.0
213.4
203.6
181.7
167.0
149.0
165.0
153.4
423.5
(5.51%)
(3.31%)
51
Revenue
$608.0M
9.90%
1.00×
Cost of revenue
$367.0M
9.83%
0.99×
Operating expenses
$103.8M
9.66%
0.98×
Property and equipment
15.28%
Spread over hurdle
(1.57%)