17.73
Revenuekr M
96.24
102.6
111.4
117.2
128.1
134.5
146.2
157.5
170.5
182.1
18.32
7.28%
7.32%
47
29.27
Revenue growth%
23.97
25.66
28.02
27.52
28.95
30.42
27.50
30.42
32.48
33.00
11.07
30.42
28.49
5
8.57
Gross margin%
9.12
8.71
8.31
7.43
10.41
11.23
14.04
12.57
15.57
17.50
11.00
14.04
10.82
36
11.13
Operating margin%
24.36
22.20
22.36
19.78
22.10
20.21
18.57
17.06
19.38
18.29
21.67
18.57
19.99
28
8.73
Net margin%
12.43
14.76
15.63
15.11
13.32
14.59
15.95
13.58
15.59
17.52
29.03
15.59
14.93
81
30.11
P/E ratio (avg)x
23.72
22.41
21.23
22.72
23.68
24.01
25.88
27.77
25.58
27.09
24.01
25.88
23.86
75
30.31
EV/EBITx
31.88
31.69
34.94
36.50
40.19
40.14
39.07
41.72
43.60
43.98
6.888
41.72
39.60
64
2.14
FCF yield (avg)%
21.99
22.37
25.00
23.87
24.90
27.13
24.43
25.76
25.46
25.33
15.85
25.46
24.95
46
15.36
FCF margin%
28.04
30.12
31.35
31.99
31.86
29.73
32.02
29.78
29.73
30.68
29.15
29.78
30.40
45
1.333
FCF / Net incomex
1.148
1.192
1.218
1.309
1.153
1.144
1.151
1.096
0.995
1.064
1.245
1.096
1.149
74
29.12
ROIC%
12.61
12.26
14.53
16.74
17.77
18.62
19.92
21.63
23.14
24.90
16.74
21.63
18.19
55
4.46
Return on equity%
19.76
17.95
15.26
16.69
19.55
18.65
15.94
15.86
14.46
14.97
26.04
15.86
16.31
50
14.10
Return on assets%
2.80
1.85
4.41
4.09
1.93
4.23
2.21
0.40
0.40
0.40
14.64
0.40
2.07
66
0.35
EPSkr
0.58
0.55
0.61
0.60
0.67
0.73
0.71
0.77
0.70
0.78
0.39
3.20%
3.63%
—
9.90
EPS growth%
13.12
13.00
14.89
11.96
9.53
12.04
9.11
9.37
7.93
8.32
24.18
9.11
10.75
20
0.40
Bookvalue per shkr
0.08
0.08
0.09
0.09
0.09
0.10
0.09
0.10
0.10
0.10
0.21
1.54%
1.74%
—
0.38
FCF per sharekr
0.32
0.36
0.33
0.31
0.32
0.31
0.31
0.33
0.35
0.34
0.33
1.48%
0.50%
—
0.08
Dividend per shkr
0.28
0.33
0.36
0.39
0.45
0.50
0.54
0.57
0.58
0.59
0.18
5.78%
8.64%
—
17.77
Div yield (avg)%
21.29
19.48
16.88
16.76
15.43
14.61
16.89
19.25
20.19
22.69
21.47
19.25
18.07
10
4.23
Payout ratio%
30.98
29.33
30.19
30.16
32.93
35.73
33.83
34.12
33.29
32.10
9.53
33.83
32.52
19
248.7
Shares (diluted)M
325.4
376.4
424.4
445.0
456.8
460.0
525.8
575.9
656.9
729.3
249.5
9.81%
9.82%
77
6.28
Buyback yield%
11.94
10.26
11.10
12.25
14.59
12.23
10.91
12.83
11.54
9.14
7.39
11.54
11.74
71
0.839
D/E ratiox
1.435
1.703
1.971
2.247
2.416
2.666
3.042
3.479
3.696
4.157
1.060
3.479
2.541
59
9.545
Enterprise valuekr M
133.6
133.5
139.5
144.6
146.6
166.0
162.4
166.6
168.8
177.7
148.6
3.92%
3.29%
26
61.74
LT debtkr M
195.2
223.6
224.9
257.9
289.2
337.4
331.6
338.6
329.5
339.7
92.96
3.27%
5.73%
89
Cost of revenue
7.19%
0.99×
Operating expenses
7.66%
1.03×
Cash and investments
16.81%
Spread over hurdle
14.64%