11.26
Revenue€M
126.8
133.1
137.7
140.9
148.8
156.2
162.4
171.4
178.2
184.7
11.67
4.42%
4.11%
8
6.45
Revenue growth%
19.53
20.70
18.87
18.95
19.95
18.14
15.89
13.68
12.78
13.51
18.12
13.68
18.51
7
10.67
Gross margin%
12.64
10.25
7.41
7.82
7.80
6.99
8.40
7.46
8.35
10.84
22.93
8.35
8.08
6
5.68
Operating margin%
12.30
14.03
14.96
12.45
15.35
13.06
15.74
12.83
12.53
12.48
18.97
12.83
12.95
25
21.09
Net margin%
2.51
2.65
0.49
1.60
4.23
5.95
7.64
10.05
10.38
12.62
4.93
10.05
5.09
33
22.42
P/E ratio (avg)x
9.891
9.681
8.725
8.498
7.813
8.316
7.360
7.094
7.718
7.564
9.221
7.564
8.064
25
21.84
EV/EBITx
21.56
23.10
22.10
19.58
20.71
22.02
23.40
23.04
24.63
20.93
32.23
23.04
22.06
58
17.66
FCF yield (avg)%
22.02
19.62
22.57
22.58
19.64
17.80
19.28
18.42
17.64
18.44
19.93
18.42
19.45
47
20.26
FCF margin%
26.87
25.41
24.46
23.60
22.10
19.56
22.44
24.25
25.23
27.91
10.50
24.25
24.36
36
0.172
FCF / Net incomex
0.458
0.503
0.488
0.530
0.588
0.603
0.563
0.601
0.582
0.621
0.591
0.601
0.572
54
22.42
ROIC%
11.42
10.91
12.17
9.64
10.98
13.06
12.32
13.27
10.83
13.32
14.98
13.06
11.79
80
15.19
Return on equity%
8.61
8.94
8.72
6.20
8.00
5.10
3.76
4.83
5.45
7.06
18.14
5.10
6.63
57
11.55
Return on assets%
11.20
8.60
9.46
8.77
10.53
9.94
7.12
7.55
6.43
7.97
15.81
7.55
8.68
38
4.66
EPS€
2.23
1.91
1.88
2.03
1.92
1.91
1.97
1.74
1.81
1.95
5.20
0.32%
(0.60%)
—
2.15
EPS growth%
5.09
3.38
5.29
3.32
4.16
5.54
5.98
8.91
6.45
7.91
11.90
6.45
5.41
56
5.09
Bookvalue per sh€
1.73
1.72
1.77
1.50
1.32
1.25
1.31
1.17
1.09
1.03
1.37
(4.80%)
(4.44%)
—
3.23
FCF per share€
3.57
3.82
3.87
3.57
3.53
3.22
3.50
3.37
3.77
3.63
0.98
0.55%
1.45%
—
1.87
Dividend per sh€
2.53
2.33
2.51
2.36
2.23
2.32
2.39
2.64
2.81
2.86
1.95
5.15%
0.78%
—
17.80
Div yield (avg)%
24.91
26.35
26.23
24.41
26.28
29.03
26.46
25.70
22.82
23.33
10.67
25.70
25.97
38
9.59
Payout ratio%
27.88
27.10
29.88
30.33
32.61
30.65
30.15
29.79
30.39
31.76
6.90
30.39
30.24
89
24.38
Shares (diluted)M
30.11
32.72
38.73
42.48
48.75
54.53
52.66
56.12
66.33
66.15
24.24
6.29%
7.78%
78
23.30
Buyback yield%
19.32
16.73
19.48
19.96
18.50
17.92
17.52
14.89
16.17
18.36
9.26
17.52
18.14
44
0.124
D/E ratiox
1.217
1.274
1.363
1.371
1.506
1.376
1.462
1.518
1.578
1.730
0.175
1.518
1.419
7
58.65
Enterprise value€M
165.3
171.9
154.3
145.8
152.3
159.8
156.2
158.6
161.1
171.5
178.5
2.40%
(0.42%)
10
164.7
LT debt€M
67.48
69.62
78.94
86.11
99.71
108.9
115.8
120.8
136.9
157.8
57.48
9.61%
9.55%
89
Revenue
€184.7M
4.11%
1.00×
Cost of revenue
€126.0M
3.86%
0.98×
Operating expenses
€19.58M
4.19%
1.01×
Property and equipment
15.63%
Spread over hurdle
(1.23%)