119.6
Revenue€M
104.9
114.7
123.3
132.1
142.3
157.0
174.0
186.7
206.6
224.8
124.8
9.58%
8.67%
60
15.20
Revenue growth%
14.63
13.45
16.28
15.11
16.08
15.30
18.06
16.89
16.62
15.96
2.48
16.62
16.02
36
22.99
Gross margin%
15.95
14.30
15.97
17.73
19.99
22.35
24.65
21.73
19.97
22.82
11.61
22.35
19.98
57
12.68
Operating margin%
10.95
9.86
11.63
14.54
13.90
11.25
9.15
6.58
5.74
8.09
22.69
8.09
10.41
77
22.90
Net margin%
31.05
29.76
27.42
24.78
26.16
23.82
26.25
25.36
27.23
27.74
17.25
26.25
26.74
35
37.05
P/E ratio (avg)x
20.23
22.54
26.57
26.84
32.10
36.57
37.76
40.31
40.30
39.34
11.06
39.34
34.34
53
9.060
EV/EBITx
9.304
9.370
9.840
8.811
7.874
8.183
7.662
6.907
6.729
7.214
24.14
7.214
8.029
8
4.67
FCF yield (avg)%
21.82
21.77
19.84
19.53
19.99
21.79
20.03
22.47
19.91
22.61
21.36
21.79
20.90
48
14.81
FCF margin%
3.74
5.56
3.16
4.45
3.27
0.73
0.88
2.24
3.62
4.36
23.37
2.24
3.44
63
1.660
FCF / Net incomex
1.655
1.866
2.110
2.259
2.477
2.759
3.120
3.581
3.963
4.492
1.685
3.581
2.618
61
3.92
ROIC%
24.56
26.29
25.69
23.79
21.65
20.69
21.05
22.13
22.20
20.55
8.78
21.05
22.17
33
7.77
Return on equity%
28.48
27.09
25.58
24.88
26.98
27.26
26.76
26.36
28.83
29.02
10.07
27.26
27.04
39
9.13
Return on assets%
14.67
12.80
14.97
12.37
9.54
12.02
14.66
14.87
14.76
15.94
13.08
14.76
14.66
49
0.62
EPS€
0.59
0.53
0.54
0.46
0.48
0.49
0.47
0.44
0.48
0.46
0.68
(0.63%)
(1.82%)
—
11.98
EPS growth%
20.44
22.91
20.36
19.78
19.19
18.45
20.37
20.45
23.20
20.88
12.08
20.45
20.41
16
0.54
Bookvalue per sh€
0.99
1.08
1.05
0.96
0.99
1.06
0.99
1.05
0.97
1.09
0.77
2.01%
2.17%
—
0.77
FCF per share€
0.73
0.73
0.68
0.64
0.65
0.73
0.74
0.75
0.75
0.75
0.73
2.89%
(0.06%)
—
0.25
Dividend per sh€
0.43
0.43
0.44
0.39
0.37
0.40
0.37
0.37
0.37
0.33
1.07
(2.17%)
(3.12%)
—
26.60
Div yield (avg)%
28.36
26.43
25.47
25.90
28.79
31.00
32.38
30.14
32.39
35.15
14.47
32.38
29.46
38
19.15
Payout ratio%
20.74
21.69
20.55
22.32
22.57
24.63
23.47
25.80
23.03
23.26
3.28
23.47
22.80
85
139.5
Shares (diluted)M
128.4
135.2
134.8
127.8
128.9
142.5
124.5
119.2
110.2
102.8
139.9
(4.41%)
(2.72%)
92
16.76
Buyback yield%
20.61
18.07
15.13
15.25
14.54
13.68
12.27
14.34
16.76
15.17
20.96
14.34
15.15
79
0.245
D/E ratiox
0.803
0.857
0.846
0.810
0.727
0.803
0.749
0.739
0.697
0.769
1.076
0.749
0.786
18
176.7
Enterprise value€M
82.30
79.19
79.86
79.16
77.13
80.82
82.95
76.93
84.90
88.52
201.8
2.79%
0.03%
93
213.7
LT debt€M
181.2
188.7
169.8
171.9
169.1
163.3
154.4
140.4
136.8
150.9
264.1
(2.25%)
(0.77%)
93
Revenue
€224.8M
8.67%
1.00×
Cost of revenue
€148.7M
8.53%
0.99×
Operating expenses
€53.18M
9.03%
1.03×
Property and equipment
16.69%
Goodwill & intangibles
16.17%
Spread over hurdle
(7.00%)