285.6
Revenuekr M
137.4
150.1
165.5
181.3
198.1
218.7
233.3
247.2
267.1
287.3
294.2
7.72%
8.68%
78
2.59
Revenue growth%
14.43
14.51
15.20
12.73
14.43
16.01
17.50
16.63
13.63
16.46
5.92
16.46
14.86
72
5.84
Gross margin%
12.22
10.80
11.28
12.86
11.60
12.57
12.05
10.32
9.04
11.02
29.33
11.02
11.44
19
19.75
Operating margin%
17.53
17.12
15.98
18.41
17.16
15.41
12.65
14.43
14.98
16.66
26.85
14.98
16.32
6
17.34
Net margin%
24.34
21.82
23.18
22.22
24.30
24.28
24.52
23.68
23.90
25.67
6.63
24.28
24.09
90
24.18
P/E ratio (avg)x
20.09
21.45
24.50
27.50
30.63
36.97
37.96
40.20
45.66
44.60
15.57
40.20
33.80
7
19.19
EV/EBITx
50.97
50.28
59.05
59.76
58.64
60.64
65.09
67.97
65.02
70.50
10.99
65.09
60.20
49
3.92
FCF yield (avg)%
15.12
16.93
16.78
15.79
15.77
15.88
16.86
19.60
21.34
20.64
21.94
19.60
16.82
89
26.63
FCF margin%
5.31
7.58
8.16
9.34
7.88
5.57
7.51
9.61
7.28
5.04
29.21
7.28
7.54
91
1.103
FCF / Net incomex
1.606
1.576
1.615
1.584
1.694
1.726
1.574
1.608
1.647
1.460
0.443
1.608
1.607
37
27.86
ROIC%
8.24
10.71
13.00
13.54
12.06
13.59
15.53
18.29
19.36
22.10
8.53
18.29
13.57
43
11.04
Return on equity%
13.75
13.03
13.41
14.96
16.77
16.48
15.19
16.64
17.84
15.91
14.53
16.48
15.55
8
9.62
Return on assets%
22.49
24.31
22.41
25.35
24.21
26.65
26.62
24.86
26.52
25.17
5.92
26.52
25.01
73
0.65
EPSkr
0.62
0.68
0.64
0.67
0.73
0.73
0.66
0.61
0.56
0.51
0.67
(6.76%)
(0.90%)
—
18.93
EPS growth%
13.23
13.65
11.78
11.08
10.32
8.41
10.23
11.58
13.60
13.30
17.85
11.58
11.68
71
0.21
Bookvalue per shkr
0.77
0.84
0.83
0.79
0.72
0.67
0.74
0.74
0.76
0.82
0.57
2.62%
0.42%
—
0.33
FCF per sharekr
0.20
0.21
0.20
0.22
0.21
0.20
0.18
0.20
0.18
0.18
0.85
(3.32%)
(2.15%)
—
0.33
Dividend per shkr
0.81
0.90
0.93
0.93
0.92
1.01
1.12
1.06
1.08
1.14
0.65
4.33%
3.71%
—
15.25
Div yield (avg)%
15.88
13.04
12.13
13.20
12.40
14.26
16.63
16.98
15.04
13.91
29.48
15.04
14.08
68
11.96
Payout ratio%
13.80
13.12
15.81
17.06
15.79
15.84
16.54
18.87
19.93
17.81
13.11
17.81
16.19
30
369.0
Shares (diluted)M
390.7
419.3
418.2
477.2
521.2
538.9
593.3
647.8
722.3
710.9
377.0
6.41%
6.67%
43
22.98
Buyback yield%
18.55
18.30
17.99
17.76
17.79
19.23
19.45
19.38
18.88
18.82
3.69
19.23
18.69
29
1.018
D/E ratiox
1.956
2.281
2.310
2.456
2.910
3.220
3.823
4.217
4.361
4.589
1.310
4.217
3.065
72
213.5
Enterprise valuekr M
94.09
84.06
73.27
67.58
70.11
70.42
64.30
59.43
59.22
51.52
320.5
(5.98%)
(5.23%)
23
242.1
LT debtkr M
130.7
123.2
131.2
127.8
129.9
112.3
100.8
90.80
85.64
79.44
142.6
(9.36%)
(6.26%)
93
Cost of revenue
8.36%
0.97×
Operating expenses
9.00%
1.03×
Goodwill & intangibles
18.86%
Property and equipment
18.77%
Spread over hurdle
(1.37%)