1.686
Revenue€M
1.954
2.035
2.127
2.216
2.261
2.324
2.391
2.468
2.573
2.649
1.854
3.22%
3.25%
59
9.46
Revenue growth%
4.55
1.59
2.42
0.40
0.40
1.65
2.94
5.65
7.99
9.15
3.81
5.65
2.68
75
25.54
Gross margin%
20.15
20.85
20.95
19.90
20.17
17.74
16.60
15.97
14.00
11.21
7.24
15.97
18.82
93
21.85
Operating margin%
4.66
3.95
4.97
3.77
3.41
0.50
1.43
0.40
0.40
0.40
21.85
0.40
2.42
8
17.76
Net margin%
8.49
9.10
10.08
7.62
5.92
7.31
7.53
7.93
7.41
6.15
20.10
7.41
7.57
70
19.77
P/E ratio (avg)x
21.86
21.28
19.87
20.81
22.95
24.22
26.78
25.16
26.59
29.21
21.29
26.59
23.59
69
8.879
EV/EBITx
45.98
55.22
60.19
62.52
73.10
80.22
80.91
94.56
108.0
122.0
24.18
94.56
76.66
61
6.60
FCF yield (avg)%
2.31
1.73
1.81
1.86
0.40
0.40
1.06
0.40
0.40
2.87
6.74
0.40
1.40
9
19.08
FCF margin%
11.37
13.86
14.84
13.74
14.47
13.30
13.41
13.70
10.72
9.41
28.51
13.30
13.55
83
1.502
FCF / Net incomex
2.892
3.082
3.690
4.317
5.225
6.054
7.213
8.486
10.13
11.06
0.620
8.486
5.639
53
28.26
ROIC%
22.93
22.96
21.60
20.88
18.95
16.94
14.27
13.20
14.52
12.52
6.35
14.27
17.95
28
15.24
Return on equity%
26.83
28.54
26.38
27.08
27.23
29.62
26.64
26.58
29.25
31.19
5.34
29.25
27.16
61
23.19
Return on assets%
14.16
13.56
14.25
12.83
12.81
13.66
16.08
13.73
14.29
11.35
22.21
13.73
13.70
37
0.57
EPS€
0.33
0.32
0.27
0.29
0.29
0.26
0.23
0.25
0.22
0.24
0.60
(4.33%)
(2.93%)
—
3.81
EPS growth%
20.66
19.53
17.85
17.42
18.89
19.49
20.03
22.09
20.77
22.60
28.58
20.77
19.78
94
0.65
Bookvalue per sh€
0.48
0.49
0.46
0.54
0.61
0.69
0.73
0.84
0.89
0.92
0.61
8.50%
8.09%
—
0.21
FCF per share€
0.13
0.13
0.12
0.14
0.13
0.11
0.11
0.12
0.12
0.12
0.44
(1.61%)
(1.38%)
—
0.43
Dividend per sh€
0.35
0.33
0.33
0.37
0.35
0.40
0.46
0.50
0.46
0.53
0.33
8.88%
3.62%
—
13.76
Div yield (avg)%
22.72
22.87
24.92
25.30
25.55
27.98
28.76
26.43
27.00
28.87
23.28
27.98
25.99
25
12.63
Payout ratio%
14.86
15.35
13.64
14.24
12.90
10.74
9.92
8.74
9.26
7.18
27.46
9.26
11.82
12
1.943
Shares (diluted)M
2.428
2.463
2.346
2.272
2.507
2.696
2.919
2.742
2.981
2.787
1.962
2.14%
1.21%
81
29.80
Buyback yield%
4.37
1.51
0.40
1.94
2.44
0.40
0.40
0.41
0.40
0.40
25.54
0.40
0.40
83
1.056
D/E ratiox
2.251
2.436
2.457
2.817
3.276
3.643
4.370
5.093
4.963
5.649
1.383
4.963
3.460
70
0.444
Enterprise value€M
2.311
2.225
2.130
2.160
2.443
2.561
2.910
2.753
2.993
3.261
1.858
5.95%
3.35%
83
1.722
LT debt€M
0.492
0.523
0.509
0.578
0.678
0.748
0.786
0.786
0.876
0.915
0.611
6.16%
6.94%
68
Revenue
€2.649M
3.25%
1.00×
Cost of revenue
€1.712M
3.10%
0.99×
Operating expenses
€0.604M
3.31%
1.01×
Cash and investments
15.19%
Spread over hurdle
(0.95%)