11.26
Revenuekr M
111.5
121.2
127.6
135.0
147.0
160.1
170.6
187.0
199.5
218.1
12.01
8.21%
7.71%
24
8.94
Revenue growth%
20.17
21.19
21.92
20.23
22.20
20.91
18.30
16.77
17.58
17.83
11.67
17.83
20.20
22
29.53
Gross margin%
5.09
6.89
5.42
6.78
8.72
10.70
8.19
11.09
10.27
13.03
16.67
10.70
8.46
51
22.00
Operating margin%
7.20
5.31
7.08
8.33
6.34
9.26
8.17
10.00
10.67
11.27
26.77
10.00
8.25
85
8.22
Net margin%
26.85
25.84
24.68
22.44
23.59
26.28
29.00
28.60
30.42
27.50
2.54
28.60
26.57
43
19.27
P/E ratio (avg)x
11.72
12.73
11.31
10.96
11.11
11.48
12.40
12.87
13.21
14.29
21.49
12.87
12.06
13
18.01
EV/EBITx
39.78
38.34
34.99
38.82
40.39
37.51
40.17
41.78
39.78
40.02
6.143
40.02
39.78
79
7.81
FCF yield (avg)%
5.32
3.89
3.11
1.83
1.00
2.88
2.50
2.56
1.05
0.40
15.17
2.50
2.53
82
18.51
FCF margin%
19.84
21.70
21.00
20.48
19.23
21.51
19.79
17.32
15.58
14.36
21.04
17.32
19.82
20
0.986
FCF / Net incomex
0.351
0.401
0.370
0.404
0.428
0.392
0.372
0.352
0.399
0.403
1.070
0.392
0.396
90
14.95
ROIC%
15.93
14.73
14.71
17.13
16.14
14.71
16.61
19.11
19.16
20.55
22.66
19.11
16.37
92
17.66
Return on equity%
22.96
24.00
23.20
22.77
22.75
24.58
21.82
21.42
21.61
22.48
24.80
21.82
22.76
65
28.77
Return on assets%
14.61
14.88
14.96
13.70
13.37
13.65
12.94
15.71
12.92
13.37
9.46
13.37
13.68
29
3.01
EPSkr
5.10
4.94
4.63
5.41
6.13
5.85
5.47
5.18
6.00
6.44
3.34
0.98%
1.98%
—
19.28
EPS growth%
17.03
17.72
16.91
19.28
22.10
20.65
21.76
23.15
20.29
18.38
15.90
20.65
19.78
91
5.95
Bookvalue per shkr
7.45
7.54
8.07
8.62
9.55
10.98
11.86
13.33
12.71
12.47
6.02
5.48%
6.34%
—
2.53
FCF per sharekr
1.60
1.72
1.69
1.50
1.61
1.69
1.77
1.73
1.69
1.69
2.19
1.01%
1.04%
—
3.98
Dividend per shkr
8.36
9.43
9.91
9.19
9.04
9.80
9.41
8.88
8.96
9.68
3.67
1.37%
1.57%
—
20.41
Div yield (avg)%
21.91
19.28
18.12
16.54
17.24
16.49
14.55
13.61
15.74
15.74
18.11
15.74
16.51
13
26.46
Payout ratio%
15.27
16.88
17.42
16.65
16.00
17.03
16.08
15.26
15.85
16.37
18.70
16.08
16.22
28
17.51
Shares (diluted)M
27.21
28.02
30.38
28.82
33.46
39.40
40.07
47.15
54.53
52.51
17.23
9.43%
7.40%
30
15.68
Buyback yield%
12.60
14.85
14.80
17.49
18.08
19.18
21.45
21.48
23.90
21.21
28.42
21.45
18.63
36
0.520
D/E ratiox
1.354
1.566
1.817
2.150
2.523
2.686
2.664
2.613
2.899
3.294
1.221
2.686
2.568
43
15.00
Enterprise valuekr M
198.5
228.8
244.8
285.7
297.1
337.2
337.2
357.1
407.0
459.6
106.0
9.12%
9.77%
73
119.2
LT debtkr M
93.68
98.47
86.91
94.33
101.0
91.23
95.45
90.62
78.87
82.56
74.10
(3.95%)
(1.50%)
78
Cost of revenue
7.75%
1.00×
Operating expenses
8.02%
1.03×
Cash and investments
18.82%
Spread over hurdle
10.68%