3.067
Revenue€M
5.444
5.482
5.479
5.403
5.437
5.477
5.578
5.651
5.553
5.598
3.255
0.59%
0.34%
31
26.26
Revenue growth%
18.15
19.26
21.52
22.21
20.73
22.54
24.94
25.85
28.20
26.52
4.81
25.85
22.38
70
13.33
Gross margin%
2.97
0.40
2.39
0.40
0.40
0.40
3.39
1.32
3.38
3.19
13.55
3.19
1.85
22
5.71
Operating margin%
20.65
19.81
19.51
20.32
21.68
20.76
23.52
25.45
27.93
29.89
4.35
25.45
21.22
50
17.12
Net margin%
22.54
24.00
24.65
22.75
21.47
21.46
22.54
25.23
22.35
20.52
7.37
22.35
22.54
38
7.220
P/E ratio (avg)x
11.84
11.16
11.66
12.80
13.86
13.37
14.62
16.38
17.30
19.18
10.89
16.38
13.61
30
12.86
EV/EBITx
27.50
25.45
28.28
29.35
31.27
30.07
30.51
32.39
36.50
37.38
21.00
32.39
30.29
52
10.56
FCF yield (avg)%
4.21
1.62
4.22
1.52
2.22
2.59
4.32
3.05
2.86
2.56
27.65
2.86
2.73
93
20.99
FCF margin%
11.37
13.89
16.65
16.27
13.61
16.34
18.77
20.11
21.13
21.25
19.84
20.11
16.49
46
1.133
FCF / Net incomex
0.978
0.881
0.828
0.707
0.682
0.585
0.510
0.443
0.442
0.393
1.590
0.443
0.633
75
24.66
ROIC%
22.41
20.32
22.30
20.69
22.45
25.43
25.17
24.55
23.45
22.39
6.64
24.55
22.43
73
26.54
Return on equity%
30.61
32.83
35.17
35.55
34.43
37.08
34.10
31.36
29.92
29.44
14.38
31.36
33.47
60
14.55
Return on assets%
4.02
6.13
4.91
2.56
0.93
1.76
0.40
1.61
0.60
0.40
25.97
0.60
1.68
17
0.16
EPS€
0.61
0.68
0.68
0.78
0.83
0.90
0.84
0.86
0.87
0.95
0.17
2.76%
6.06%
—
24.90
EPS growth%
0.86
3.60
1.07
0.40
0.40
0.54
1.68
1.47
0.40
1.83
29.97
1.47
0.96
43
0.46
Bookvalue per sh€
0.44
0.48
0.48
0.47
0.52
0.58
0.61
0.62
0.63
0.63
0.30
3.77%
3.93%
—
0.29
FCF per share€
0.18
0.19
0.19
0.18
0.17
0.20
0.22
0.26
0.27
0.27
0.09
9.02%
5.00%
—
0.14
Dividend per sh€
0.25
0.24
0.22
0.23
0.22
0.25
0.25
0.26
0.27
0.27
0.15
3.79%
1.00%
—
24.28
Div yield (avg)%
29.24
29.85
28.95
30.39
32.04
30.89
28.04
29.95
32.30
32.58
25.04
30.89
30.17
16
15.46
Payout ratio%
16.30
19.21
18.52
16.81
18.19
15.67
15.79
17.88
20.05
19.80
8.65
17.88
18.04
20
14.52
Shares (diluted)M
13.82
13.24
13.79
12.40
11.31
9.804
10.69
11.65
10.54
11.24
15.01
(0.12%)
(1.17%)
36
27.23
Buyback yield%
19.12
17.76
17.85
19.99
17.37
17.12
18.24
19.17
21.25
18.84
13.09
18.84
18.54
73
0.315
D/E ratiox
2.579
2.765
3.211
3.348
3.353
3.849
4.168
4.466
5.160
5.340
1.101
4.466
3.601
8
5.399
Enterprise value€M
3.429
3.186
2.993
2.779
2.929
3.165
3.689
4.037
4.090
4.211
5.342
7.53%
2.39%
35
6.681
LT debt€M
4.094
3.996
4.245
4.785
5.117
5.790
6.241
6.216
6.598
7.822
2.066
8.86%
7.79%
19
Revenue
€5.598M
0.34%
1.00×
Cost of revenue
€3.919M
0.34%
1.00×
Operating expenses
€1.207M
(0.14%)
0.95×
Goodwill & intangibles
15.64%
Spread over hurdle
(5.57%)