80.18
Revenue€M
60.69
63.86
66.46
69.32
73.45
78.06
83.00
86.98
92.09
95.50
82.46
5.39%
4.93%
62
3.13
Revenue growth%
13.20
12.74
9.75
8.87
11.68
9.61
9.50
10.11
13.03
15.83
22.26
10.11
10.89
93
16.14
Gross margin%
23.46
20.49
21.87
20.51
22.17
22.71
24.64
23.23
21.46
21.06
18.96
22.71
22.02
9
22.33
Operating margin%
13.79
14.03
12.90
10.60
12.98
15.24
16.01
17.56
18.11
16.19
7.27
16.19
14.64
42
23.14
Net margin%
7.49
6.86
6.38
3.75
4.30
4.31
2.35
1.56
0.40
3.05
25.92
2.35
4.03
21
18.96
P/E ratio (avg)x
38.81
39.89
39.25
44.72
48.45
54.02
55.70
59.89
68.19
71.14
18.09
59.89
51.23
23
14.01
EV/EBITx
16.90
15.75
15.43
14.49
15.43
14.03
14.09
15.16
15.16
14.27
34.13
14.27
15.16
53
5.57
FCF yield (avg)%
4.55
2.29
3.12
1.40
4.13
6.45
8.87
6.60
7.66
6.62
13.25
6.62
5.50
38
9.38
FCF margin%
25.39
23.39
24.97
24.20
25.98
24.50
21.68
19.35
19.07
17.95
18.78
19.35
23.79
43
1.699
FCF / Net incomex
2.659
2.899
2.909
3.393
3.938
4.439
4.964
5.909
6.257
7.449
1.622
5.909
4.189
73
20.26
ROIC%
24.16
26.19
27.36
29.26
29.39
29.36
28.09
26.03
28.70
28.94
16.63
28.70
28.39
21
23.59
Return on equity%
15.75
14.30
13.76
14.18
15.94
15.39
14.82
15.07
15.30
15.99
20.77
15.30
15.19
35
16.82
Return on assets%
7.18
8.28
8.57
10.95
11.77
12.75
11.92
9.35
9.37
6.68
3.29
9.37
9.36
30
0.09
EPS€
0.07
0.08
0.08
0.08
0.09
0.10
0.11
0.13
0.14
0.13
0.09
6.61%
6.34%
—
12.98
EPS growth%
12.79
15.49
12.69
10.71
9.40
7.24
4.92
3.49
6.27
3.93
27.66
4.92
8.32
11
0.09
Bookvalue per sh€
0.04
0.04
0.04
0.04
0.04
0.05
0.04
0.04
0.05
0.05
0.10
3.79%
1.52%
—
0.13
FCF per share€
0.11
0.12
0.13
0.14
0.16
0.16
0.16
0.17
0.17
0.18
0.03
2.43%
6.51%
—
0.07
Dividend per sh€
0.08
0.08
0.08
0.08
0.08
0.08
0.08
0.08
0.08
0.07
0.12
(2.19%)
(0.56%)
—
27.81
Div yield (avg)%
7.33
6.66
3.78
3.18
4.46
6.38
6.00
7.29
10.22
10.94
4.35
7.29
6.52
15
2.09
Payout ratio%
22.24
23.65
24.77
27.46
27.64
25.83
22.85
24.91
24.46
27.09
20.95
24.91
24.84
42
256.0
Shares (diluted)M
370.1
420.1
442.0
513.1
538.9
526.7
608.7
659.4
680.5
750.4
259.1
6.85%
7.76%
92
9.91
Buyback yield%
26.99
26.37
26.23
26.12
28.95
27.61
26.67
29.50
31.95
33.05
18.38
29.50
27.30
10
1.698
D/E ratiox
1.139
1.088
1.028
1.011
0.982
0.973
1.032
0.937
0.845
0.810
1.674
0.937
0.997
20
13.67
Enterprise value€M
76.39
80.22
87.68
104.7
105.3
107.3
105.2
109.0
126.9
137.5
22.81
5.48%
6.77%
57
66.44
LT debt€M
65.76
62.05
68.72
71.80
72.57
71.88
78.86
72.56
65.90
75.38
57.14
0.76%
1.64%
54
Revenue
€95.50M
4.93%
1.00×
Cost of revenue
€66.85M
4.93%
1.00×
Operating expenses
€16.91M
5.29%
1.03×
Cash and investments
13.93%
Spread over hurdle
(3.05%)