0.989
RevenueFr M
2.293
2.484
2.664
2.843
3.083
3.294
3.603
3.835
4.220
4.572
1.026
8.20%
8.07%
92
6.43
Revenue growth%
21.21
22.47
20.80
22.74
22.54
23.57
21.60
20.49
20.46
18.31
7.83
20.49
21.40
31
2.81
Gross margin%
26.25
26.02
27.28
27.38
30.26
32.19
34.93
36.58
35.20
37.38
14.01
35.20
31.22
60
16.01
Operating margin%
26.29
25.70
27.88
28.51
26.70
28.89
26.36
27.60
28.37
26.32
17.96
27.60
27.15
63
10.01
Net margin%
16.43
14.44
11.82
8.82
6.50
8.80
6.91
9.63
12.21
9.65
7.30
9.63
9.64
5
31.89
P/E ratio (avg)x
14.41
14.11
15.40
17.05
16.44
15.67
15.52
13.86
12.41
12.95
15.13
13.86
14.90
59
36.25
EV/EBITx
31.58
35.75
39.35
42.69
42.44
44.04
45.00
45.77
43.44
45.71
19.03
45.00
43.07
23
29.13
FCF yield (avg)%
17.91
15.12
15.46
15.05
13.74
14.43
13.23
16.06
13.34
12.35
29.28
13.34
14.74
78
21.68
FCF margin%
34.44
36.21
34.93
31.93
32.03
29.57
28.27
26.11
28.68
26.58
26.15
28.27
30.75
10
1.674
FCF / Net incomex
0.904
1.009
1.141
1.148
1.255
1.430
1.382
1.567
1.831
1.749
1.347
1.567
1.319
32
3.77
ROIC%
23.01
23.54
22.84
24.90
23.28
24.16
25.53
24.88
27.63
27.33
13.64
25.53
24.52
80
6.72
Return on equity%
19.48
20.09
18.04
16.99
18.92
19.65
19.26
17.40
16.72
18.61
16.34
18.61
18.77
47
27.36
Return on assets%
25.26
28.14
25.59
27.08
24.19
26.84
25.58
28.27
25.61
26.28
22.99
26.28
25.94
26
0.42
EPSFr
0.25
0.23
0.23
0.25
0.23
0.22
0.24
0.24
0.24
0.24
0.45
0.94%
0.17%
—
26.70
EPS growth%
30.71
30.72
28.17
27.39
29.38
31.07
32.93
29.97
29.99
27.11
11.24
29.99
29.98
38
0.17
Bookvalue per shFr
0.36
0.35
0.32
0.30
0.31
0.31
0.33
0.29
0.31
0.32
0.17
0.79%
(0.65%)
—
0.21
FCF per shareFr
1.35
1.53
1.66
1.68
1.87
1.92
2.01
2.10
2.36
2.82
0.61
8.57%
8.40%
—
0.67
Dividend per shFr
0.36
0.36
0.38
0.37
0.40
0.40
0.39
0.42
0.47
0.51
0.17
4.92%
3.07%
—
19.64
Div yield (avg)%
25.22
26.61
24.23
24.31
22.15
21.32
22.15
19.37
18.48
20.18
19.23
20.18
22.15
56
9.94
Payout ratio%
0.96
1.00
1.20
0.40
2.58
5.18
7.60
8.91
11.29
8.45
14.54
8.45
3.88
56
2.939
Shares (diluted)M
3.265
3.333
3.397
3.891
4.589
4.686
4.779
5.058
5.770
6.918
2.872
8.56%
7.82%
24
25.36
Buyback yield%
12.69
12.01
10.10
9.02
8.48
6.81
5.99
6.04
5.72
6.01
18.59
6.01
7.65
84
0.327
D/E ratiox
1.513
1.670
1.679
1.592
1.794
2.012
2.248
2.653
3.018
3.102
0.964
2.653
1.903
43
2.137
Enterprise valueFr M
1.858
2.063
2.373
2.419
2.767
2.887
2.732
2.915
3.452
3.449
1.673
4.50%
5.98%
89
4.110
LT debtFr M
6.237
6.740
7.821
8.514
9.950
11.75
11.63
12.53
13.66
16.44
1.835
10.56%
11.76%
28
Cost of revenue
7.56%
0.95×
Operating expenses
8.27%
1.02×
Cash and investments
18.31%
Spread over hurdle
16.93%