1.919
Revenue$M
2.227
2.373
2.471
2.567
2.731
2.910
3.072
3.172
3.373
3.466
2.044
4.88%
5.10%
57
18.57
Revenue growth%
2.17
3.80
1.67
1.57
3.63
5.19
3.00
4.69
2.03
0.40
28.26
3.00
2.58
50
16.68
Gross margin%
18.77
16.73
19.38
21.11
22.87
21.29
20.28
17.86
17.26
18.87
12.59
18.87
19.13
62
18.97
Operating margin%
25.33
23.41
23.59
23.30
25.40
24.40
22.13
24.62
22.47
20.85
25.65
22.47
23.50
47
29.40
Net margin%
8.91
6.68
5.28
4.62
2.25
0.40
2.04
3.23
5.73
7.30
16.58
3.23
4.95
20
20.04
P/E ratio (avg)x
24.59
25.87
27.92
26.04
29.04
30.15
33.30
34.06
37.01
34.94
35.56
34.06
29.60
19
9.407
EV/EBITx
47.93
53.21
56.17
60.72
66.63
78.25
76.17
75.17
72.61
73.62
11.63
75.17
69.62
80
8.59
FCF yield (avg)%
11.08
9.46
12.06
13.35
13.89
11.16
12.95
12.72
12.20
13.43
26.95
12.72
12.46
72
12.64
FCF margin%
14.54
16.45
18.26
18.96
21.06
21.64
22.07
21.30
19.79
19.11
21.65
21.30
19.45
50
1.277
FCF / Net incomex
0.785
0.930
0.935
0.978
1.016
1.052
1.145
1.278
1.295
1.528
1.174
1.278
1.034
11
21.39
ROIC%
25.33
22.66
23.75
24.97
23.29
20.39
19.67
21.00
22.12
23.59
27.35
21.00
22.97
21
8.13
Return on equity%
17.65
17.93
16.26
18.41
16.52
17.89
17.14
16.05
17.26
17.65
14.96
17.26
17.45
66
6.24
Return on assets%
26.65
26.49
24.94
21.96
19.13
20.28
21.00
21.39
18.48
18.39
23.36
20.28
21.19
23
0.15
EPS$
0.29
0.26
0.28
0.28
0.25
0.26
0.25
0.23
0.21
0.22
0.16
(2.49%)
(1.89%)
—
10.48
EPS growth%
25.34
24.21
22.41
22.86
24.10
24.04
21.19
20.65
18.19
17.03
9.12
20.65
22.63
39
0.07
Bookvalue per sh$
0.18
0.20
0.18
0.16
0.17
0.15
0.15
0.15
0.14
0.13
0.12
(4.59%)
(3.94%)
—
0.19
FCF per share$
0.53
0.62
0.73
0.83
0.84
0.89
1.03
1.04
1.08
1.28
0.21
8.85%
9.90%
—
0.29
Dividend per sh$
0.24
0.24
0.25
0.25
0.24
0.26
0.22
0.23
0.24
0.21
0.26
(2.58%)
(1.41%)
—
26.61
Div yield (avg)%
24.88
27.51
29.31
31.40
31.00
30.92
28.20
26.08
27.20
26.41
3.90
27.20
27.85
23
20.32
Payout ratio%
20.44
19.75
20.77
20.21
17.22
17.07
14.38
12.99
14.42
16.64
15.60
14.42
17.14
42
6.828
Shares (diluted)M
9.385
9.203
10.38
10.53
11.37
11.71
13.07
13.96
12.80
14.29
7.062
4.68%
4.48%
94
8.62
Buyback yield%
8.23
5.70
7.30
5.21
3.59
5.42
6.39
4.92
2.62
0.97
4.34
4.92
5.31
73
0.756
D/E ratiox
1.259
1.285
1.156
1.228
1.195
1.146
1.231
1.284
1.398
1.369
0.814
1.284
1.245
69
0.422
Enterprise value$M
1.070
1.163
1.212
1.256
1.248
1.398
1.291
1.326
1.373
1.248
1.660
—
1.06%
54
0.935
LT debt$M
2.282
2.498
2.736
2.488
2.422
2.252
2.321
2.279
2.357
2.406
2.494
(0.13%)
(0.50%)
31
Revenue
$3.466M
5.10%
1.00×
Cost of revenue
$2.426M
5.10%
1.00×
Operating expenses
$0.511M
5.84%
1.07×
Cash and investments
19.33%
Spread over hurdle
(0.99%)