101.7
Revenue$M
100.9
102.3
103.7
103.3
103.9
107.6
110.1
110.3
112.9
116.0
109.5
2.23%
1.40%
55
10.75
Revenue growth%
21.49
21.63
22.46
25.45
27.92
29.90
30.63
31.99
30.81
30.16
14.38
30.63
28.91
66
14.92
Gross margin%
11.79
10.39
12.74
13.94
13.87
11.32
12.62
11.29
13.88
16.03
20.07
12.62
12.68
46
28.83
Operating margin%
7.71
7.18
4.73
3.61
1.45
2.39
2.30
4.45
1.98
2.41
22.64
2.39
3.01
30
5.76
Net margin%
5.98
5.18
6.11
4.68
5.31
4.70
1.83
0.40
0.40
0.40
7.41
0.40
4.69
20
29.77
P/E ratio (avg)x
28.94
30.42
33.93
32.46
29.81
32.41
30.62
27.51
24.80
27.49
24.72
27.51
30.12
71
27.47
EV/EBITx
16.38
16.93
15.31
14.07
14.20
13.56
12.93
12.68
12.04
10.53
14.29
12.68
13.81
58
6.37
FCF yield (avg)%
8.84
7.56
6.13
9.09
11.81
10.68
10.29
12.94
12.57
11.08
28.16
11.08
10.48
48
12.13
FCF margin%
5.84
3.92
1.26
0.40
0.40
0.40
0.40
3.02
5.10
3.25
3.67
3.02
2.14
36
0.425
FCF / Net incomex
0.586
0.630
0.625
0.594
0.578
0.619
0.602
0.628
0.649
0.639
0.921
0.628
0.622
92
10.47
ROIC%
20.23
20.13
20.29
20.45
21.93
19.69
19.15
18.37
16.19
18.30
24.19
18.37
19.91
18
29.26
Return on equity%
13.62
15.67
16.88
15.60
17.89
16.80
16.73
14.84
13.11
12.28
27.55
14.84
15.64
39
4.57
Return on assets%
20.86
22.13
23.46
23.00
25.96
25.14
25.88
28.43
29.87
29.92
25.88
28.43
25.51
12
0.13
EPS$
0.31
0.35
0.35
0.39
0.44
0.48
0.45
0.44
0.50
0.58
0.13
5.81%
5.87%
—
12.31
EPS growth%
11.40
8.71
7.56
7.88
9.90
10.97
9.62
8.41
9.66
10.38
12.24
9.66
9.64
68
0.32
Bookvalue per sh$
0.24
0.22
0.24
0.22
0.20
0.20
0.18
0.19
0.18
0.20
0.08
0.13%
(2.50%)
—
0.21
FCF per share$
0.20
0.18
0.16
0.17
0.17
0.15
0.13
0.12
0.13
0.12
0.09
(7.41%)
(4.85%)
—
0.27
Dividend per sh$
0.40
0.41
0.38
0.37
0.38
0.35
0.36
0.36
0.36
0.32
0.25
(3.29%)
(1.03%)
—
21.16
Div yield (avg)%
18.45
18.89
19.60
21.57
22.66
19.96
18.97
18.49
17.71
19.47
14.69
18.97
19.22
12
20.26
Payout ratio%
30.33
29.96
27.30
24.63
22.49
21.20
23.17
21.61
19.76
19.20
14.08
21.20
22.83
55
105.1
Shares (diluted)M
121.3
117.4
118.6
117.4
123.8
118.7
122.0
132.7
150.1
140.1
108.1
2.51%
1.00%
80
20.67
Buyback yield%
26.92
28.39
26.26
26.42
28.28
30.48
32.97
32.91
32.66
34.82
21.70
32.91
29.44
82
1.415
D/E ratiox
0.583
0.592
0.574
0.606
0.666
0.667
0.717
0.733
0.825
0.828
0.534
0.733
0.667
88
41.84
Enterprise value$M
16.40
17.09
16.15
16.70
19.14
22.07
21.99
23.43
25.83
24.72
92.36
5.25%
5.75%
51
46.28
LT debt$M
87.86
92.29
95.97
104.2
114.0
132.6
158.0
182.0
173.7
193.7
83.04
11.20%
8.97%
61
Revenue
$116.0M
1.40%
1.00×
Cost of revenue
$81.21M
1.40%
1.00×
Operating expenses
$17.40M
2.26%
1.09×
Cash and investments
22.36%
Property and equipment
18.15%
Spread over hurdle
(2.67%)