124.7
Revenue€M
183.1
187.1
191.3
194.3
195.8
198.9
201.9
207.5
207.4
214.7
134.6
1.86%
1.65%
19
12.71
Revenue growth%
28.66
26.20
23.59
26.14
23.63
26.55
23.69
21.45
21.08
23.53
29.43
23.53
23.66
93
3.06
Gross margin%
15.63
12.82
15.68
13.93
11.67
14.30
14.16
16.72
13.98
13.38
15.84
14.16
14.07
5
28.15
Operating margin%
25.37
25.20
24.92
23.11
23.15
25.20
25.01
23.06
21.23
19.39
8.45
23.06
24.04
48
9.71
Net margin%
28.16
29.76
28.98
30.93
29.82
32.75
31.85
30.18
32.52
32.68
2.93
32.52
30.56
75
37.02
P/E ratio (avg)x
19.18
19.30
18.41
16.53
17.56
16.25
16.35
15.27
14.76
13.51
33.57
15.27
16.44
20
13.91
EV/EBITx
11.51
10.12
9.649
8.995
8.158
8.081
6.992
6.007
5.894
5.191
31.41
6.007
8.119
43
3.89
FCF yield (avg)%
3.33
1.11
0.40
0.82
2.68
3.09
3.31
1.03
0.81
1.24
23.34
1.24
1.18
23
18.22
FCF margin%
21.33
22.11
23.10
22.29
24.48
21.81
22.51
22.54
24.70
26.02
29.25
22.54
22.52
77
0.212
FCF / Net incomex
1.309
1.329
1.362
1.390
1.568
1.777
1.832
2.107
2.304
2.566
1.082
2.107
1.672
29
3.06
ROIC%
15.29
14.55
15.25
14.27
15.13
14.10
12.84
11.70
14.23
13.28
8.63
13.28
14.25
31
6.77
Return on equity%
3.27
3.88
4.06
2.77
3.32
2.92
4.57
2.46
1.16
0.98
28.79
2.46
3.09
47
25.49
Return on assets%
29.88
30.69
28.15
27.99
29.73
31.53
34.24
34.68
34.92
33.12
24.30
34.24
31.11
39
2.80
EPS€
3.17
3.28
2.90
2.60
2.47
2.18
2.26
2.26
2.25
2.39
2.91
(0.68%)
(2.08%)
—
24.57
EPS growth%
23.49
20.82
19.07
16.85
16.08
17.73
19.91
17.86
19.88
17.50
24.10
17.86
18.47
11
1.11
Bookvalue per sh€
1.48
1.28
1.26
1.18
1.11
0.99
0.86
0.77
0.80
0.84
0.83
(5.37%)
(4.67%)
—
0.53
FCF per share€
2.51
2.70
2.95
2.88
3.35
3.54
3.32
3.52
4.09
4.15
2.69
4.37%
4.67%
—
3.52
Dividend per sh€
0.70
0.64
0.63
0.67
0.63
0.60
0.65
0.63
0.61
0.64
3.46
0.09%
(2.08%)
—
2.59
Div yield (avg)%
21.47
22.49
20.14
19.68
18.82
20.61
19.53
18.85
19.61
21.81
12.78
19.61
19.91
57
18.80
Payout ratio%
20.43
18.72
16.70
18.85
21.14
18.26
17.35
14.62
11.93
12.20
11.06
14.62
17.80
23
50.99
Shares (diluted)M
81.82
85.19
90.43
99.30
106.2
119.5
141.0
135.0
132.4
148.5
51.78
6.94%
7.28%
54
23.78
Buyback yield%
7.79
10.63
9.92
12.23
9.34
9.81
7.17
6.71
5.85
3.17
17.14
6.71
8.57
36
1.697
D/E ratiox
0.905
0.947
0.960
0.830
0.755
0.668
0.571
0.501
0.530
0.531
1.543
0.531
0.712
42
41.74
Enterprise value€M
79.57
92.09
92.04
102.4
113.3
108.5
109.3
104.5
99.42
94.02
222.9
(3.67%)
3.29%
73
57.10
LT debt€M
117.6
135.7
133.2
149.8
148.9
142.0
135.4
151.7
154.7
173.9
222.9
3.16%
3.50%
44
Revenue
€214.7M
1.65%
1.00×
Cost of revenue
€139.1M
1.66%
1.00×
Operating expenses
€44.06M
2.17%
1.05×
Cash and investments
14.89%
Spread over hurdle
(0.35%)