138.5
Revenue$M
190.6
206.7
223.5
242.0
262.4
283.1
303.2
328.6
345.0
366.8
150.5
6.93%
7.51%
64
17.15
Revenue growth%
25.20
25.97
26.87
27.35
28.31
27.56
26.34
23.78
21.52
20.57
5.54
23.78
26.15
88
3.75
Gross margin%
13.38
14.00
13.95
14.94
17.06
15.37
13.84
14.87
14.09
13.23
26.44
14.09
14.05
60
16.67
Operating margin%
8.32
5.73
5.51
4.61
5.46
7.33
5.25
2.56
2.02
2.54
29.41
2.56
5.35
45
20.00
Net margin%
29.96
31.86
33.93
32.42
33.31
33.05
34.94
33.14
31.60
33.40
8.25
33.14
33.10
81
23.92
P/E ratio (avg)x
16.98
18.90
20.04
23.30
27.84
32.73
38.61
40.58
43.06
42.16
17.96
40.58
30.29
6
9.930
EV/EBITx
7.196
7.950
8.390
8.938
9.136
9.764
11.20
12.28
13.31
13.11
7.823
12.28
9.450
90
7.59
FCF yield (avg)%
17.27
19.86
22.74
20.05
20.39
21.19
23.03
22.69
24.84
22.12
27.58
22.69
21.66
14
22.29
FCF margin%
23.65
23.04
21.52
19.16
21.09
18.24
16.16
18.23
16.44
17.76
4.91
17.76
18.70
86
0.233
FCF / Net incomex
0.933
1.099
1.072
1.102
1.257
1.483
1.727
1.828
2.078
2.034
0.210
1.828
1.370
70
22.30
ROIC%
28.07
26.00
26.66
24.25
26.16
23.52
26.19
27.27
26.72
26.56
14.59
26.56
26.38
75
23.15
Return on equity%
14.10
15.38
14.99
13.45
14.64
15.77
15.93
15.69
16.31
17.61
14.89
15.93
15.54
7
3.44
Return on assets%
10.20
8.20
5.55
5.12
3.90
1.14
2.04
3.82
4.80
4.08
25.69
3.82
4.44
54
5.21
EPS$
3.82
3.69
3.41
3.29
2.92
3.04
3.29
3.24
3.15
3.41
5.57
3.14%
(1.44%)
—
19.94
EPS growth%
16.89
17.85
15.48
18.20
18.34
19.68
21.15
21.24
19.88
19.12
12.85
19.88
18.73
92
4.69
Bookvalue per sh$
5.40
6.37
6.53
6.94
8.21
9.64
11.31
12.41
14.39
14.55
2.90
12.12%
10.45%
—
1.36
FCF per share$
1.33
1.51
1.56
1.76
1.94
2.08
1.99
2.07
2.24
2.41
3.05
4.49%
7.08%
—
3.27
Dividend per sh$
6.34
6.69
7.11
7.47
7.38
8.17
7.51
7.76
8.26
7.86
1.77
1.26%
3.15%
—
24.98
Div yield (avg)%
19.52
22.17
19.53
18.58
16.85
14.94
17.94
20.91
23.85
26.20
12.29
20.91
19.52
46
21.82
Payout ratio%
12.97
13.63
13.40
16.15
18.12
20.98
20.67
22.80
21.08
21.87
13.59
21.08
19.40
90
62.48
Shares (diluted)M
75.54
86.87
96.80
105.0
102.7
107.4
118.3
136.0
140.2
144.1
61.56
7.00%
7.10%
78
20.40
Buyback yield%
22.18
24.60
23.73
24.46
25.60
27.70
29.09
26.75
26.13
23.85
12.32
26.75
25.10
86
1.220
D/E ratiox
0.596
0.607
0.612
0.550
0.607
0.625
0.625
0.584
0.583
0.557
0.164
0.584
0.601
68
243.2
Enterprise value$M
176.5
171.1
184.7
202.9
183.4
161.0
140.8
130.1
141.2
126.1
220.6
(7.21%)
(3.72%)
16
242.4
LT debt$M
40.91
46.31
45.98
51.48
48.62
55.43
51.34
47.76
48.07
45.54
20.70
(1.30%)
1.82%
32
Revenue
$366.8M
7.51%
1.00×
Cost of revenue
$233.1M
7.62%
1.01×
Operating expenses
$63.29M
7.27%
0.98×
Goodwill & intangibles
16.90%
Cash and investments
16.11%
Spread over hurdle
(3.56%)