78.75
Revenuekr M
116.0
118.6
125.6
128.7
131.4
136.4
138.6
143.0
145.4
150.4
83.17
2.74%
3.16%
24
16.22
Revenue growth%
28.74
29.98
31.01
31.08
28.97
27.71
29.10
26.17
27.43
29.58
27.53
27.71
29.03
55
4.74
Gross margin%
32.50
32.12
31.18
30.34
28.44
28.99
27.24
24.58
25.63
26.33
3.16
26.33
28.71
65
3.51
Operating margin%
23.56
25.23
25.46
28.19
28.50
31.13
31.88
34.44
35.03
36.37
20.01
34.44
29.81
64
4.94
Net margin%
12.17
14.61
13.76
13.73
11.36
8.52
8.62
8.58
7.90
8.24
4.87
8.52
9.99
18
20.28
P/E ratio (avg)x
34.45
37.10
43.41
44.50
45.74
51.64
53.49
51.28
55.40
59.70
24.98
53.49
48.51
80
24.29
EV/EBITx
19.68
20.85
20.41
19.93
18.09
16.90
16.35
14.41
15.17
16.65
21.71
16.35
17.49
63
18.46
FCF yield (avg)%
17.46
19.83
20.92
21.01
19.01
22.00
23.37
25.73
27.01
29.58
2.01
25.73
21.50
61
6.16
FCF margin%
22.62
21.86
24.42
27.18
26.67
29.45
30.47
28.08
26.09
29.07
6.73
29.07
26.92
27
1.500
FCF / Net incomex
0.225
0.221
0.219
0.208
0.204
0.189
0.197
0.202
0.216
0.238
1.608
0.202
0.212
66
11.65
ROIC%
23.54
20.55
19.58
18.26
18.70
17.96
20.26
20.88
23.78
21.41
2.28
20.88
20.41
31
4.19
Return on equity%
21.54
23.37
24.03
25.71
26.16
27.64
30.47
29.09
31.11
30.22
23.60
30.22
26.90
6
7.38
Return on assets%
10.68
8.17
9.30
11.96
9.36
10.18
12.35
10.38
13.35
15.24
2.58
12.35
10.53
82
0.26
EPSkr
0.24
0.23
0.22
0.20
0.21
0.21
0.20
0.22
0.24
0.27
0.27
5.68%
2.31%
—
6.44
EPS growth%
21.63
21.46
22.74
24.46
26.58
26.84
24.36
24.31
26.66
28.05
3.99
26.66
24.41
24
0.13
Bookvalue per shkr
0.13
0.13
0.14
0.15
0.16
0.18
0.19
0.18
0.21
0.25
0.29
9.23%
8.08%
—
0.30
FCF per sharekr
0.41
0.49
0.50
0.61
0.64
0.77
0.91
1.01
1.07
1.14
0.09
12.22%
12.10%
—
0.05
Dividend per shkr
0.37
0.37
0.40
0.40
0.44
0.46
0.50
0.54
0.63
0.73
0.26
10.81%
7.32%
—
11.41
Div yield (avg)%
11.69
11.65
11.29
8.95
6.96
5.77
7.22
4.96
4.28
5.17
3.16
5.17
7.09
88
6.43
Payout ratio%
36.66
36.95
35.35
36.93
36.94
38.77
35.92
37.75
39.28
37.02
17.02
37.75
36.95
69
178.6
Shares (diluted)M
185.8
197.7
213.1
231.4
257.4
252.1
231.9
237.7
238.6
273.7
180.3
1.23%
3.43%
63
19.68
Buyback yield%
5.91
4.31
2.28
3.30
5.27
2.85
3.17
5.94
4.81
3.04
20.39
3.17
3.81
78
0.592
D/E ratiox
1.465
1.473
1.332
1.231
1.397
1.345
1.385
1.290
1.173
1.099
1.201
1.290
1.339
83
82.72
Enterprise valuekr M
122.1
135.9
156.2
165.9
186.0
202.8
233.2
245.6
251.0
267.7
78.33
7.56%
8.93%
80
19.73
LT debtkr M
80.26
72.59
74.13
72.53
71.39
79.03
73.09
71.48
67.20
60.47
119.2
(3.26%)
(2.12%)
49
Cost of revenue
3.28%
1.01×
Operating expenses
1.95%
0.89×
Cash and investments
18.35%
Spread over hurdle
26.31%