480.8
Revenue€M
369.9
376.5
390.4
401.6
421.2
443.6
453.9
476.6
490.3
513.9
496.1
4.06%
3.62%
20
10.15
Revenue growth%
13.36
12.53
14.98
16.71
13.89
16.66
16.08
15.23
18.19
19.65
11.43
16.66
15.66
6
12.63
Gross margin%
29.60
32.51
31.64
31.95
28.96
28.27
25.54
25.73
24.23
26.67
21.94
25.73
28.61
70
23.25
Operating margin%
7.10
5.71
6.54
7.01
7.25
7.98
9.89
8.77
6.85
6.37
11.46
7.98
7.06
45
15.26
Net margin%
25.75
26.98
26.66
23.90
26.68
25.89
27.03
29.84
32.72
33.54
22.98
29.84
26.83
88
27.24
P/E ratio (avg)x
8.733
8.119
8.869
9.123
9.926
10.04
8.754
7.912
7.391
7.382
18.94
7.912
8.743
20
34.64
EV/EBITx
33.55
37.04
42.03
45.19
50.41
60.75
71.59
72.92
72.19
72.51
26.30
72.19
55.58
83
15.05
FCF yield (avg)%
13.04
13.01
10.50
13.37
12.09
13.65
11.24
10.41
13.15
15.49
15.07
13.15
13.02
61
14.54
FCF margin%
30.39
32.93
32.96
34.74
34.00
34.19
32.79
30.55
32.00
31.62
17.06
32.00
32.86
24
0.198
FCF / Net incomex
0.266
0.276
0.274
0.293
0.305
0.332
0.325
0.345
0.366
0.416
1.482
0.345
0.315
56
24.90
ROIC%
17.03
17.81
17.59
19.04
16.69
14.72
14.10
11.55
11.43
9.70
10.23
11.55
15.70
26
7.96
Return on equity%
20.82
23.08
22.08
20.93
18.90
18.43
16.38
14.10
17.00
14.68
12.63
16.38
18.67
60
20.40
Return on assets%
17.18
15.84
17.10
19.59
16.77
18.55
18.49
16.14
15.01
17.50
7.76
17.50
17.14
18
10.87
EPS€
2.22
2.06
2.18
2.42
2.50
2.59
2.85
2.64
3.00
3.43
11.53
6.53%
3.55%
—
29.95
EPS growth%
5.74
7.80
9.48
7.11
4.31
2.36
0.40
0.40
2.48
4.27
20.64
2.36
4.29
63
5.94
Bookvalue per sh€
9.80
10.51
11.41
11.49
12.72
14.37
14.82
16.08
15.30
15.02
10.43
3.37%
5.41%
—
4.86
FCF per share€
3.96
4.44
4.75
4.76
4.92
5.70
5.92
5.64
5.58
5.60
5.00
2.61%
5.10%
—
3.85
Dividend per sh€
6.29
5.83
5.56
5.07
4.92
5.16
5.60
5.94
5.54
5.78
4.25
3.27%
(1.51%)
—
23.97
Div yield (avg)%
26.51
25.21
25.98
24.78
26.84
26.02
25.16
27.37
28.65
30.66
12.09
27.37
26.27
12
26.28
Payout ratio%
23.21
23.14
20.46
21.10
19.55
19.13
16.54
17.03
19.12
19.28
8.49
19.12
19.42
12
40.93
Shares (diluted)M
41.00
43.67
51.22
61.42
68.15
73.11
82.94
98.72
103.8
123.5
39.00
12.63%
11.51%
79
7.15
Buyback yield%
8.80
11.48
10.92
11.26
13.34
15.09
15.42
17.55
15.59
18.44
25.71
15.59
14.21
41
1.235
D/E ratiox
2.656
2.925
3.344
3.406
3.549
3.815
3.858
4.050
4.710
5.228
0.868
4.050
3.682
92
150.1
Enterprise value€M
524.0
631.0
620.5
654.4
655.7
669.4
788.3
773.4
764.1
827.4
191.6
4.76%
5.18%
80
0.176
LT debt€B
0.775
0.801
0.853
1.022
1.066
1.081
1.296
1.371
1.395
1.494
0.062
6.98%
7.77%
13
Revenue
€513.9M
3.62%
1.00×
Cost of revenue
€238.3M
3.45%
0.98×
Operating expenses
€107.0M
4.02%
1.04×
Property and equipment
16.97%
Spread over hurdle
(3.74%)