210.4
Revenue€M
179.8
194.1
212.0
232.8
248.6
263.4
288.1
315.0
345.9
366.4
232.2
8.07%
8.34%
74
7.83
Revenue growth%
1.14
2.23
0.40
1.59
1.74
0.40
0.40
0.40
0.40
0.40
27.90
0.40
0.40
76
19.46
Gross margin%
9.32
6.92
8.65
7.27
8.40
9.35
11.78
14.70
12.78
10.66
11.22
11.78
9.33
10
13.44
Operating margin%
19.71
19.18
18.29
18.14
17.94
15.10
12.78
15.62
14.24
14.83
12.45
14.83
16.78
12
14.23
Net margin%
15.29
14.10
16.03
15.72
14.00
11.12
10.01
9.31
9.12
9.71
25.86
9.71
12.56
25
6.239
P/E ratio (avg)x
41.62
47.74
55.29
63.46
67.98
68.40
77.17
78.56
87.36
102.9
31.94
78.56
68.19
53
11.97
EV/EBITx
28.12
33.29
37.57
37.86
43.39
47.05
46.36
54.62
58.16
57.22
6.228
54.62
44.88
29
19.27
FCF yield (avg)%
13.73
14.48
17.22
18.13
15.40
15.78
17.46
15.11
16.73
13.87
21.49
15.78
15.59
60
28.82
FCF margin%
27.10
26.24
25.62
28.14
27.26
27.65
29.03
27.10
24.73
21.82
16.65
27.10
27.10
38
1.379
FCF / Net incomex
0.974
0.966
1.044
1.134
1.148
1.160
1.104
1.007
0.970
1.029
0.688
1.029
1.036
8
23.40
ROIC%
21.96
20.62
23.52
23.94
23.86
24.92
23.28
23.66
21.38
18.93
2.88
23.28
23.40
90
19.16
Return on equity%
19.48
18.92
19.76
18.82
17.21
16.53
17.47
20.01
18.66
18.82
7.32
18.66
18.82
21
22.54
Return on assets%
19.14
19.31
17.68
17.44
16.62
15.52
16.53
19.05
17.12
15.59
14.65
16.53
17.28
30
3.85
EPS€
4.22
4.21
4.57
5.27
5.72
5.57
6.32
5.97
6.36
6.76
3.97
3.42%
5.90%
—
11.90
EPS growth%
15.20
15.38
17.58
20.41
17.42
15.25
16.31
17.27
18.57
18.84
27.30
17.27
17.35
46
1.19
Bookvalue per sh€
5.90
5.32
5.03
5.16
4.59
4.85
4.39
3.91
3.75
3.81
3.31
(3.67%)
(4.34%)
—
2.25
FCF per share€
4.68
5.16
5.25
6.00
5.93
6.51
7.33
7.08
7.39
7.39
3.31
4.49%
4.72%
—
5.26
Dividend per sh€
5.31
5.10
5.00
5.39
4.70
5.11
5.10
4.93
5.21
4.87
2.92
0.69%
(0.99%)
—
10.42
Div yield (avg)%
3.37
6.00
4.81
4.71
2.35
0.47
2.46
3.59
5.58
6.68
29.99
3.59
4.15
53
6.68
Payout ratio%
16.62
19.35
18.93
20.89
17.97
16.48
13.60
14.69
11.77
9.13
27.58
13.60
16.55
57
17.55
Shares (diluted)M
27.69
30.00
30.87
37.23
44.30
44.30
52.33
52.83
57.23
59.02
17.91
5.90%
9.88%
80
5.90
Buyback yield%
18.10
21.05
21.78
23.91
26.43
27.02
27.57
24.57
24.68
24.50
7.70
24.68
24.54
11
0.166
D/E ratiox
0.345
0.385
0.387
0.390
0.388
0.415
0.391
0.447
0.492
0.458
1.005
0.447
0.391
9
95.97
Enterprise value€M
195.8
202.5
236.8
277.6
314.1
311.0
328.4
371.7
403.1
477.9
252.9
8.76%
10.37%
67
202.7
LT debt€M
330.1
366.3
383.6
432.2
403.4
403.5
456.1
461.7
494.1
556.7
233.1
6.65%
6.83%
83
Revenue
€366.4M
8.34%
1.00×
Cost of revenue
€203.7M
8.22%
0.99×
Operating expenses
€54.24M
8.43%
1.01×
Spread over hurdle
42.57%