129.3
Revenue€M
88.95
95.37
101.1
109.1
115.7
122.7
129.6
138.5
149.1
162.2
136.4
6.99%
7.15%
52
16.86
Revenue growth%
9.13
8.17
8.35
10.81
12.08
11.17
11.75
11.52
12.52
10.13
3.46
11.52
10.99
61
7.36
Gross margin%
24.83
24.88
26.58
27.35
29.01
30.39
27.80
26.91
28.21
27.77
11.29
27.80
27.56
50
3.70
Operating margin%
18.81
19.94
17.09
16.77
14.14
14.75
15.61
12.96
15.91
15.98
11.41
15.61
15.95
47
25.01
Net margin%
10.22
10.75
12.22
11.94
9.00
8.10
7.99
6.54
5.46
5.78
17.17
6.54
8.55
72
12.08
P/E ratio (avg)x
23.20
22.79
23.47
25.47
23.69
23.62
21.84
22.79
24.59
21.82
12.04
22.79
23.33
69
10.41
EV/EBITx
15.71
16.44
14.91
16.21
17.23
18.59
20.23
21.85
24.78
25.96
10.16
21.85
17.91
71
24.44
FCF yield (avg)%
26.71
26.35
26.36
23.93
25.82
28.29
31.09
29.00
26.27
27.97
5.51
28.29
26.54
75
7.89
FCF margin%
11.65
9.18
6.76
6.60
5.22
3.11
0.87
1.27
1.17
3.96
16.78
1.27
4.59
70
1.237
FCF / Net incomex
0.229
0.242
0.216
0.202
0.218
0.217
0.199
0.180
0.164
0.168
1.351
0.180
0.209
33
17.68
ROIC%
6.84
4.29
2.28
2.76
3.45
5.57
8.56
10.62
8.45
6.22
9.40
8.45
5.90
20
28.68
Return on equity%
33.42
35.63
36.70
39.66
41.55
42.69
41.81
43.32
44.32
43.86
9.25
43.32
41.68
13
25.00
Return on assets%
7.08
6.96
8.52
5.79
8.00
10.39
8.95
11.32
10.08
12.72
16.36
10.39
8.73
32
2.60
EPS€
0.76
0.78
0.68
0.59
0.52
0.54
0.49
0.46
0.49
0.49
2.69
(1.32%)
(3.86%)
—
27.89
EPS growth%
7.39
7.23
5.12
3.93
5.07
7.56
9.23
11.69
14.10
12.41
15.49
11.69
7.48
93
3.08
Bookvalue per sh€
0.71
0.64
0.69
0.72
0.78
0.84
0.84
0.95
0.91
0.95
2.96
3.91%
3.73%
—
0.48
FCF per share€
1.55
1.41
1.35
1.40
1.28
1.33
1.42
1.47
1.52
1.68
1.26
5.62%
0.34%
—
2.36
Dividend per sh€
2.83
3.02
3.25
2.87
2.94
2.98
3.07
3.19
3.02
2.80
3.24
(1.03%)
(0.52%)
—
29.06
Div yield (avg)%
14.46
14.50
15.45
14.64
15.95
17.81
17.32
16.90
19.52
18.75
8.01
17.81
16.42
55
3.10
Payout ratio%
24.01
26.10
27.32
25.98
28.56
28.78
27.98
27.83
28.75
29.03
29.77
28.75
27.90
63
46.34
Shares (diluted)M
41.98
43.12
39.37
41.98
42.52
43.27
43.19
43.89
44.66
44.11
44.44
0.74%
(0.05%)
31
3.68
Buyback yield%
9.64
7.14
8.15
10.01
10.83
8.79
10.13
9.47
7.03
4.35
5.84
8.79
9.13
23
1.074
D/E ratiox
0.849
0.752
0.721
0.786
0.836
0.857
0.835
0.783
0.692
0.650
1.121
0.783
0.784
61
74.88
Enterprise value€M
267.5
294.8
312.5
347.0
392.5
464.9
523.3
610.0
675.4
808.3
97.24
15.54%
11.81%
9
44.13
LT debt€M
234.0
234.3
236.8
283.9
340.1
373.5
404.5
394.1
445.8
498.5
96.07
7.95%
7.71%
92
Revenue
€162.2M
7.15%
1.00×
Cost of revenue
€113.5M
7.16%
1.00×
Operating expenses
€22.51M
6.72%
0.96×
Spread over hurdle
(3.42%)