312.9
Revenue€M
353.6
362.2
365.4
370.8
379.8
391.2
403.8
426.8
439.7
452.3
322.2
3.56%
2.94%
15
17.77
Revenue growth%
26.56
25.12
23.30
23.04
24.82
23.66
23.67
23.09
20.56
20.07
10.83
23.09
23.48
48
11.15
Gross margin%
7.05
7.37
7.32
4.92
6.20
8.01
10.59
10.00
10.45
11.56
3.98
10.45
7.69
9
20.89
Operating margin%
16.30
16.02
17.38
17.55
14.92
17.88
19.64
22.50
22.32
20.76
21.01
20.76
17.71
33
21.78
Net margin%
24.12
21.52
19.97
18.56
16.98
17.94
15.46
16.68
17.58
18.91
8.77
17.58
18.25
51
19.70
P/E ratio (avg)x
16.83
17.86
17.62
18.31
19.87
19.24
20.23
19.52
20.00
21.16
33.29
20.00
19.38
76
6.303
EV/EBITx
33.45
33.74
37.40
38.80
42.33
43.37
42.19
41.61
43.83
49.69
31.35
43.37
41.90
23
25.03
FCF yield (avg)%
5.25
7.69
10.45
8.65
10.01
10.64
10.38
10.32
9.68
7.08
10.68
10.32
9.85
33
14.88
FCF margin%
24.21
24.31
21.88
23.00
20.73
20.76
22.12
21.99
20.12
18.16
16.61
20.76
21.94
61
1.270
FCF / Net incomex
1.094
1.154
1.312
1.495
1.570
1.677
1.646
1.838
1.827
2.027
0.204
1.827
1.608
59
12.20
ROIC%
27.58
28.73
26.63
24.80
25.49
28.40
26.05
27.63
26.58
26.14
24.15
26.58
26.61
22
21.89
Return on equity%
27.15
26.55
25.23
25.65
26.87
28.23
25.37
22.76
25.57
23.60
2.93
25.37
25.61
85
25.42
Return on assets%
18.16
17.93
15.23
16.19
16.09
13.75
11.47
12.16
13.75
11.75
3.59
12.16
14.49
57
1.77
EPS€
2.94
3.21
3.16
3.22
3.09
3.44
3.68
4.12
4.26
4.50
1.87
7.79%
4.57%
—
14.04
EPS growth%
3.58
2.04
0.40
0.40
1.57
3.81
3.46
2.68
4.08
2.95
24.68
3.46
2.81
44
0.72
Bookvalue per sh€
1.92
1.91
1.78
1.71
1.90
1.86
1.91
1.83
2.12
2.25
1.71
3.43%
1.16%
—
4.00
FCF per share€
2.34
2.22
2.22
2.33
2.47
2.33
2.06
2.05
2.04
2.04
0.65
(3.74%)
(2.00%)
—
3.19
Dividend per sh€
5.44
6.01
6.95
7.03
6.92
8.09
9.38
11.07
11.80
12.28
1.86
12.15%
8.80%
—
9.39
Div yield (avg)%
10.27
11.12
11.86
13.79
12.10
12.87
15.54
13.64
13.37
12.12
22.28
13.37
12.50
66
4.34
Payout ratio%
3.10
0.81
0.40
3.34
3.96
1.76
0.40
0.40
0.40
0.53
4.72
0.40
0.67
69
38.12
Shares (diluted)M
53.28
54.35
63.87
74.75
73.75
80.11
92.42
94.42
96.32
113.4
38.13
8.99%
8.07%
55
6.35
Buyback yield%
7.95
10.18
10.93
9.69
12.59
9.70
7.37
9.85
8.55
10.04
5.55
9.70
9.77
73
1.458
D/E ratiox
0.425
0.454
0.523
0.544
0.569
0.575
0.683
0.748
0.774
0.748
0.142
0.748
0.572
36
230.4
Enterprise value€M
282.9
268.4
259.7
242.6
227.4
205.9
202.9
201.9
215.8
220.7
97.80
(0.60%)
(2.00%)
39
293.8
LT debt€M
233.6
256.8
240.0
260.8
274.0
309.0
306.3
322.4
338.8
310.8
257.8
2.55%
2.23%
46
Revenue
€452.3M
2.94%
1.00×
Cost of revenue
€299.8M
3.03%
1.01×
Operating expenses
€42.82M
2.70%
0.98×
Goodwill & intangibles
14.86%
Spread over hurdle
25.75%