141.1
Revenue€M
209.2
216.4
223.1
230.0
247.0
255.6
265.6
273.1
294.1
315.9
144.1
5.05%
4.71%
10
26.54
Revenue growth%
15.41
15.59
14.42
16.75
17.44
14.48
12.74
14.27
12.20
13.72
24.61
13.72
14.45
94
10.19
Gross margin%
13.28
11.50
9.31
10.32
7.84
8.58
8.02
10.31
12.66
12.24
22.50
10.31
10.32
31
2.30
Operating margin%
6.29
6.15
8.37
11.06
8.65
9.80
8.24
8.31
10.46
9.45
6.80
9.45
8.51
13
24.61
Net margin%
6.38
5.86
4.97
3.19
4.77
5.47
3.35
1.51
2.13
2.98
8.87
2.98
4.06
51
29.43
P/E ratio (avg)x
51.82
56.36
63.56
72.26
72.67
80.05
82.20
90.77
96.03
92.45
37.65
90.77
76.36
74
21.00
EV/EBITx
46.63
48.15
47.61
46.93
53.39
54.36
59.13
65.95
65.84
70.06
11.02
65.84
53.88
30
15.11
FCF yield (avg)%
26.40
27.33
27.63
28.23
25.93
24.03
26.76
26.60
29.24
31.13
28.91
26.76
27.05
86
16.75
FCF margin%
23.65
21.15
21.25
19.47
20.17
21.40
19.54
18.01
17.95
16.05
11.07
18.01
19.85
73
0.812
FCF / Net incomex
0.735
0.827
0.880
1.043
1.179
1.200
1.223
1.354
1.444
1.575
0.702
1.354
1.189
24
12.76
ROIC%
3.64
6.51
6.92
8.07
9.47
7.58
9.39
6.65
9.50
11.46
16.81
9.39
7.82
31
2.71
Return on equity%
2.03
2.12
4.16
1.53
0.40
0.40
1.36
0.40
0.40
0.40
24.54
0.40
0.88
7
26.31
Return on assets%
28.72
30.76
33.61
35.03
35.40
37.67
40.35
38.76
40.18
39.71
8.85
39.71
36.53
78
3.40
EPS€
3.43
4.07
4.54
4.76
5.33
5.33
6.20
6.25
6.17
6.34
3.74
3.52%
7.08%
—
25.54
EPS growth%
10.32
8.12
11.11
11.88
9.24
7.68
6.06
3.21
3.82
6.61
20.09
6.06
7.90
17
1.28
Bookvalue per sh€
3.28
3.14
3.10
3.30
3.35
3.12
3.19
3.66
4.18
3.85
1.11
2.84%
2.71%
—
2.05
FCF per share€
1.12
1.14
1.20
1.33
1.22
1.18
1.21
1.22
1.35
1.34
1.06
2.00%
1.35%
—
4.06
Dividend per sh€
1.13
1.04
0.96
0.90
0.93
0.99
1.04
0.93
0.95
0.98
3.61
0.86%
(1.12%)
—
6.46
Div yield (avg)%
1.26
1.98
0.40
0.40
0.84
3.46
3.15
5.87
7.78
6.29
23.42
5.87
2.56
59
24.33
Payout ratio%
24.81
23.74
22.51
20.62
18.28
17.85
16.65
18.05
16.36
16.01
2.31
16.65
18.17
89
81.17
Shares (diluted)M
110.2
128.3
125.3
133.0
151.3
165.2
194.2
203.3
204.9
242.2
80.18
9.86%
9.40%
19
27.94
Buyback yield%
7.90
5.64
5.73
4.18
5.04
7.21
5.02
3.24
4.33
2.98
22.56
4.33
5.03
47
0.950
D/E ratiox
0.790
0.875
0.956
0.957
0.910
0.994
1.144
1.143
1.140
1.204
1.263
1.143
0.976
50
90.63
Enterprise value€M
403.1
461.9
458.2
489.5
521.8
519.1
564.9
645.4
708.2
776.2
222.2
8.27%
8.51%
57
142.5
LT debt€M
195.9
176.9
162.2
147.8
139.7
124.3
121.6
106.1
103.6
94.29
101.3
(7.55%)
(6.84%)
61
Revenue
€315.9M
4.71%
1.00×
Cost of revenue
€204.8M
4.97%
1.03×
Operating expenses
€48.88M
4.35%
0.97×
Property and equipment
14.82%
Spread over hurdle
(0.04%)