68.03
Revenue€M
74.66
80.16
88.31
97.03
104.5
113.3
126.1
138.4
151.8
161.7
70.13
9.11%
9.10%
26
4.61
Revenue growth%
15.69
17.97
19.50
16.91
14.84
14.15
14.12
15.53
17.65
15.15
4.28
15.15
15.61
18
10.99
Gross margin%
11.82
11.46
12.95
15.92
15.17
17.31
15.46
14.10
13.63
14.67
21.99
14.67
14.39
13
19.57
Operating margin%
14.08
14.11
16.40
16.64
15.12
13.46
11.90
11.94
12.32
10.04
24.86
11.94
13.77
44
3.39
Net margin%
27.97
29.27
28.30
29.23
30.86
32.74
31.68
31.36
32.93
32.84
24.68
32.74
31.11
25
33.77
P/E ratio (avg)x
28.38
25.70
24.79
22.15
20.75
22.77
24.45
23.57
26.17
27.37
34.28
24.45
24.62
22
10.28
EV/EBITx
25.49
26.84
26.18
23.70
22.37
20.30
20.46
22.57
24.31
24.46
7.341
22.57
24.01
26
23.00
FCF yield (avg)%
4.23
4.59
4.97
3.43
3.31
6.10
8.53
9.47
11.65
11.00
21.12
9.47
5.53
17
21.61
FCF margin%
12.94
13.99
16.68
18.33
19.11
17.73
20.57
18.53
16.41
17.06
27.93
17.73
17.39
56
0.917
FCF / Net incomex
1.038
1.090
1.279
1.206
1.135
1.204
1.221
1.183
1.133
1.297
0.582
1.204
1.194
58
9.47
ROIC%
14.83
16.19
13.99
14.18
15.50
18.29
18.46
19.63
17.29
19.77
3.17
18.46
16.74
91
25.43
Return on equity%
26.95
28.91
26.69
26.31
24.79
25.98
23.52
21.29
19.04
20.98
25.63
21.29
25.39
47
2.78
Return on assets%
17.79
15.66
16.25
15.01
16.11
13.48
14.68
12.00
9.36
9.44
6.55
12.00
14.84
41
1.86
EPS€
2.30
2.67
2.58
2.55
2.72
3.11
3.55
3.80
4.40
4.99
2.04
12.91%
8.29%
—
21.85
EPS growth%
13.35
14.71
16.82
13.82
11.82
14.25
14.77
16.37
14.10
13.86
12.16
14.25
14.17
21
0.54
Bookvalue per sh€
1.85
1.80
1.97
1.71
1.74
1.80
1.91
1.96
2.11
1.88
2.41
1.60%
(0.17%)
—
1.89
FCF per share€
2.50
2.19
2.05
2.04
2.24
2.12
2.12
1.96
2.11
2.35
2.31
0.95%
(1.83%)
—
2.42
Dividend per sh€
1.55
1.71
1.97
2.00
1.99
2.28
2.32
2.35
2.42
2.35
2.24
3.38%
4.80%
—
22.97
Div yield (avg)%
6.04
8.68
6.67
6.21
6.71
4.25
5.94
8.36
6.24
9.03
20.35
6.24
6.45
9
24.85
Payout ratio%
12.20
12.91
12.73
10.53
10.97
11.72
14.22
13.51
12.89
14.38
15.96
13.51
12.81
89
45.05
Shares (diluted)M
64.76
78.16
81.99
84.73
103.1
111.2
132.6
157.2
187.9
203.7
46.76
14.60%
11.97%
16
3.12
Buyback yield%
6.60
9.06
12.02
11.50
13.56
13.50
15.40
17.71
19.00
17.20
7.57
17.20
13.53
78
0.369
D/E ratiox
2.517
2.855
3.049
3.272
3.183
3.217
3.117
3.251
3.679
3.565
1.350
3.251
3.200
11
58.23
Enterprise value€M
13.38
15.29
14.55
14.47
14.76
15.10
13.82
13.67
13.20
14.95
117.7
0.26%
1.84%
5
82.68
LT debt€M
143.6
154.4
154.5
165.1
191.3
223.4
231.1
257.3
300.9
326.5
129.4
11.28%
9.73%
92
Revenue
€161.7M
9.10%
1.00×
Cost of revenue
€109.3M
9.03%
0.99×
Operating expenses
€37.37M
8.97%
0.99×
Cash and investments
13.64%
Spread over hurdle
17.91%