532.1
RevenueFr M
445.1
465.8
499.4
525.4
547.3
582.9
628.8
659.7
707.3
732.3
592.0
6.00%
5.48%
36
4.93
Revenue growth%
27.26
28.30
29.67
26.67
27.99
29.03
26.97
24.47
23.10
24.44
15.95
24.47
27.11
52
20.92
Gross margin%
22.19
23.02
20.58
19.06
18.15
20.53
22.55
24.83
22.58
24.42
24.17
22.58
22.37
86
28.64
Operating margin%
21.91
19.24
17.44
16.63
16.95
18.94
18.95
18.02
20.09
19.47
23.11
18.95
18.95
62
14.77
Net margin%
17.71
16.91
14.86
17.64
18.64
18.10
18.53
15.55
16.62
14.27
11.89
16.62
17.28
52
36.01
P/E ratio (avg)x
31.74
33.38
30.55
28.35
29.93
32.89
28.88
30.39
28.42
28.33
18.72
28.88
30.16
41
15.46
EV/EBITx
48.19
52.21
52.58
56.57
50.58
47.90
49.63
53.91
51.45
51.71
31.60
51.45
51.58
6
6.75
FCF yield (avg)%
8.86
8.49
8.58
8.74
10.82
13.25
11.18
10.20
10.60
12.02
5.15
11.18
10.40
78
7.41
FCF margin%
12.10
9.48
9.63
11.76
10.19
7.85
10.61
12.61
15.31
15.54
16.05
12.61
11.19
17
0.171
FCF / Net incomex
0.853
0.925
0.959
1.111
1.306
1.429
1.490
1.540
1.761
1.763
0.929
1.540
1.368
76
17.96
ROIC%
8.68
6.09
8.04
8.59
10.00
8.44
9.05
8.11
10.23
12.37
20.46
9.05
8.64
80
11.71
Return on equity%
7.46
10.17
9.76
8.45
6.27
3.51
2.59
4.22
2.12
4.72
9.75
3.51
5.50
9
19.13
Return on assets%
10.75
8.43
6.53
7.75
7.24
5.49
5.11
3.93
4.01
2.02
17.93
4.01
6.01
57
8.69
EPSFr
5.35
5.25
5.26
5.86
5.71
5.56
5.85
5.58
6.08
6.23
9.60
1.75%
2.71%
—
7.87
EPS growth%
18.40
16.39
15.77
16.67
16.55
18.79
18.98
19.08
20.17
19.17
14.07
19.08
18.60
32
4.47
Bookvalue per shFr
2.51
2.76
3.12
3.19
3.21
3.17
3.51
3.53
3.80
3.63
3.45
2.47%
3.14%
—
2.86
FCF per shareFr
3.89
4.28
4.23
4.03
4.07
4.46
4.87
4.59
4.33
4.70
7.55
2.92%
2.51%
—
5.73
Dividend per shFr
9.69
11.05
11.13
10.98
12.25
11.19
11.32
11.58
10.62
10.80
8.20
(2.49%)
1.85%
—
12.59
Div yield (avg)%
23.32
24.04
26.82
29.68
29.68
30.03
30.69
29.35
31.33
33.75
11.18
30.69
29.68
94
19.40
Payout ratio%
19.85
22.71
22.52
24.39
25.24
23.49
23.64
25.48
25.04
23.70
10.46
23.70
23.67
62
42.69
Shares (diluted)M
52.20
52.28
59.21
66.75
77.84
84.37
94.34
107.0
113.1
107.9
41.05
6.75%
7.70%
85
8.96
Buyback yield%
0.40
3.10
0.62
0.40
3.37
3.26
2.25
4.44
2.79
5.13
14.58
3.26
2.94
65
1.566
D/E ratiox
1.450
1.408
1.367
1.430
1.619
1.939
2.318
2.637
3.051
2.984
0.480
2.637
1.779
37
61.09
Enterprise valueFr M
269.5
263.2
254.0
222.8
197.7
174.4
160.6
145.8
149.6
161.2
502.9
(4.01%)
(6.10%)
42
467.0
LT debtFr M
511.8
435.3
393.4
342.3
345.7
368.2
314.6
314.3
315.9
307.9
385.7
(2.29%)
(4.45%)
71
Cost of revenue
5.04%
0.96×
Operating expenses
6.06%
1.06×
Spread over hurdle
17.50%