792.5
Revenue€M
315.7
339.6
374.9
401.6
436.2
474.4
524.4
565.5
613.3
666.4
859.6
8.85%
8.71%
65
14.49
Revenue growth%
22.15
20.22
21.39
21.26
22.98
20.70
22.66
24.62
26.57
24.14
13.97
24.14
22.40
79
11.61
Gross margin%
7.42
8.93
11.38
13.97
14.97
12.05
14.25
15.72
16.54
15.11
14.79
15.11
14.11
14
15.73
Operating margin%
10.07
12.99
11.50
11.41
9.16
11.14
12.42
12.26
11.98
11.17
7.20
11.98
11.45
16
22.65
Net margin%
26.94
24.54
23.45
23.33
25.36
23.50
25.86
26.14
27.25
28.11
19.35
26.14
25.61
94
19.08
P/E ratio (avg)x
36.12
38.27
37.34
42.56
44.67
50.42
57.43
64.66
68.68
75.00
7.431
64.66
47.54
60
12.34
EV/EBITx
13.53
13.07
13.30
14.59
13.87
15.89
16.65
17.83
16.52
18.88
13.43
16.65
15.24
48
23.37
FCF yield (avg)%
18.13
16.83
14.47
15.22
16.63
18.46
15.56
17.25
16.54
16.50
2.59
16.54
16.59
12
27.48
FCF margin%
0.40
1.07
3.14
4.46
1.61
4.29
7.04
5.98
6.70
5.80
14.06
5.98
4.37
31
0.138
FCF / Net incomex
0.517
0.502
0.544
0.519
0.532
0.548
0.587
0.554
0.523
0.509
1.369
0.548
0.527
72
14.94
ROIC%
23.49
22.33
24.56
24.87
23.67
21.42
23.50
23.57
22.06
19.45
3.24
22.06
23.50
14
18.67
Return on equity%
3.25
3.89
6.41
5.89
4.46
6.39
3.61
1.86
3.29
4.86
26.66
3.61
4.17
44
9.62
Return on assets%
14.40
15.39
17.26
16.84
15.24
16.90
14.70
16.92
17.75
17.79
14.96
16.92
16.87
66
1.52
EPS€
1.83
2.00
2.16
2.07
2.26
2.21
2.38
2.21
2.04
2.03
1.66
(2.11%)
0.38%
—
3.44
EPS growth%
16.05
17.89
15.86
14.13
13.17
11.13
8.24
8.17
5.95
3.39
19.72
8.17
12.15
37
0.43
Bookvalue per sh€
1.38
1.45
1.41
1.35
1.34
1.28
1.34
1.47
1.70
1.90
2.16
7.25%
3.71%
—
1.56
FCF per share€
1.04
1.06
1.14
1.21
1.19
1.18
1.12
1.30
1.33
1.30
1.26
1.77%
3.11%
—
2.04
Dividend per sh€
1.93
2.12
2.05
2.17
2.33
2.59
2.94
3.44
3.49
3.60
1.31
9.05%
7.06%
—
16.20
Div yield (avg)%
12.50
12.51
14.59
11.74
10.91
9.41
10.01
12.12
10.30
8.61
15.34
10.01
11.32
27
19.48
Payout ratio%
7.84
9.00
6.04
4.59
1.59
0.40
3.40
0.64
0.40
0.40
26.28
0.40
2.49
82
176.7
Shares (diluted)M
296.4
289.1
293.4
341.1
371.9
445.6
518.8
573.6
652.1
726.8
178.0
14.34%
9.10%
62
4.80
Buyback yield%
23.92
26.02
24.87
26.23
24.86
27.17
28.00
27.67
26.93
27.78
24.09
27.67
26.58
65
0.747
D/E ratiox
0.863
0.955
1.027
1.067
1.161
1.328
1.411
1.321
1.491
1.548
0.896
1.411
1.241
36
545.2
Enterprise value€M
821.9
760.3
801.4
773.1
835.3
891.6
845.8
907.8
941.2
960.7
186.8
2.84%
2.86%
42
213.7
LT debt€M
892.8
818.1
864.2
852.7
796.0
888.1
981.3
928.4
937.8
831.6
392.6
0.88%
(0.12%)
81
Revenue
€666.4M
8.71%
1.00×
Cost of revenue
€466.5M
8.94%
1.02×
Operating expenses
€142.9M
8.22%
0.96×
Property and equipment
15.73%
Spread over hurdle
(5.03%)