261.9
Revenue€M
317.5
325.3
335.8
352.9
361.8
371.6
393.4
406.8
417.0
427.1
281.0
3.38%
3.63%
34
14.89
Revenue growth%
2.52
4.38
6.27
3.67
2.18
0.40
0.40
0.40
0.40
0.40
29.48
0.40
1.29
51
26.22
Gross margin%
0.40
0.40
0.40
0.40
1.57
2.84
1.06
0.40
0.40
0.40
21.44
0.40
0.40
30
28.96
Operating margin%
20.92
19.70
20.46
22.55
24.90
27.63
27.45
29.97
31.00
29.39
11.28
29.39
26.18
80
21.44
Net margin%
18.24
19.73
18.61
15.95
13.45
10.87
10.26
10.55
11.50
11.24
29.40
10.87
12.48
35
12.03
P/E ratio (avg)x
38.84
41.11
38.94
42.55
41.84
40.15
45.80
44.95
45.68
50.32
26.72
45.68
42.19
41
6.032
EV/EBITx
9.656
10.30
11.97
13.76
13.33
13.42
13.27
15.05
17.11
19.94
18.03
15.05
13.37
22
19.65
FCF yield (avg)%
9.45
9.56
11.11
11.79
12.65
10.79
10.15
9.46
6.85
6.84
9.89
9.46
9.86
64
21.76
FCF margin%
11.59
12.64
9.88
11.55
9.09
8.52
9.40
10.38
7.82
10.41
28.44
9.40
10.13
35
0.588
FCF / Net incomex
1.699
1.888
1.987
1.892
2.114
2.253
2.121
2.208
2.337
2.508
0.410
2.253
2.117
91
28.94
ROIC%
6.22
6.91
3.97
4.01
5.39
2.42
0.87
0.81
0.40
3.00
2.39
0.87
3.48
26
16.06
Return on equity%
1.32
3.12
4.23
2.24
0.40
0.40
0.40
0.40
0.97
3.73
12.47
0.40
1.14
72
24.67
Return on assets%
11.52
10.30
7.77
8.92
7.13
8.31
10.98
12.08
12.49
12.91
8.21
12.08
10.64
90
2.43
EPS€
0.59
0.55
0.61
0.65
0.59
0.59
0.60
0.58
0.60
0.62
2.66
0.92%
0.56%
—
16.84
EPS growth%
23.15
22.99
23.65
20.86
23.41
20.83
21.59
24.43
25.75
25.18
19.70
24.43
23.28
55
2.93
Bookvalue per sh€
1.25
1.34
1.28
1.45
1.50
1.53
1.74
1.74
1.94
1.95
3.68
5.35%
6.33%
—
2.83
FCF per share€
2.37
2.41
2.68
3.04
3.38
3.40
3.44
3.76
4.17
4.02
1.73
3.49%
4.48%
—
1.45
Dividend per sh€
3.22
3.12
3.35
3.10
3.41
3.54
3.90
3.65
3.64
4.04
0.86
3.47%
2.34%
—
16.24
Div yield (avg)%
5.01
2.17
0.40
1.90
4.72
7.71
5.53
7.41
9.02
11.36
7.98
7.71
5.27
68
8.24
Payout ratio%
31.18
29.24
28.64
31.31
32.70
35.56
34.68
37.58
36.86
39.15
12.31
36.86
33.69
8
34.45
Shares (diluted)M
34.72
32.10
31.48
31.98
31.73
30.17
26.81
26.45
23.20
22.49
34.56
(6.66%)
(4.15%)
22
6.19
Buyback yield%
25.09
27.18
26.70
25.13
27.13
24.15
26.53
24.10
25.10
22.90
15.44
24.15
25.12
62
0.641
D/E ratiox
0.558
0.677
0.796
0.941
1.131
1.147
1.208
1.223
1.461
1.764
1.672
1.223
1.139
54
210.3
Enterprise value€M
221.6
233.1
277.8
286.3
283.4
288.0
294.0
298.6
328.2
368.2
230.1
5.37%
5.81%
70
186.0
LT debt€M
286.2
273.3
316.7
354.6
388.5
405.9
465.8
487.6
526.7
608.7
369.4
9.40%
8.50%
74
Revenue
€427.1M
3.63%
1.00×
Cost of revenue
€299.0M
3.63%
1.00×
Operating expenses
€83.54M
3.07%
0.95×
Spread over hurdle
(3.48%)