2.901
Revenue€M
6.941
7.666
8.196
9.035
9.672
10.57
11.57
12.52
13.68
3.009
3.386
8.66%
8.96%
27
23.21
Revenue growth%
20.30
20.05
19.38
20.79
22.87
24.60
26.60
29.10
27.95
12.58
19.45
26.60
21.83
86
19.25
Gross margin%
3.17
4.51
3.29
3.23
2.76
3.76
2.91
3.62
5.42
3.91
19.17
3.62
3.36
90
29.72
Operating margin%
27.39
27.97
28.45
29.59
32.51
30.73
29.13
32.05
29.93
2.20
25.96
30.73
29.36
31
14.48
Net margin%
0.72
2.22
2.22
2.81
0.69
1.48
3.80
3.64
5.46
23.56
25.26
3.64
2.22
63
33.79
P/E ratio (avg)x
18.21
20.69
19.67
21.47
20.09
18.64
20.03
19.92
18.49
22.61
23.11
19.92
19.80
8
21.89
EV/EBITx
9.406
9.716
9.377
10.34
9.157
8.829
8.737
8.979
9.784
14.68
35.68
8.979
9.392
19
21.21
FCF yield (avg)%
12.61
10.43
10.89
8.78
8.96
9.84
6.96
9.37
10.88
23.66
15.76
9.37
9.92
43
9.94
FCF margin%
19.85
18.18
19.93
19.47
22.10
19.85
19.79
19.39
21.74
25.07
13.31
19.85
19.85
80
1.333
FCF / Net incomex
2.259
2.508
2.873
3.068
3.327
3.575
3.414
3.923
4.169
0.105
1.236
3.575
3.198
25
17.97
ROIC%
1.17
0.88
0.40
1.94
0.40
0.40
0.40
0.40
3.05
11.20
24.99
0.40
0.63
83
24.33
Return on equity%
30.88
29.08
29.67
30.06
27.47
27.57
27.23
29.65
28.66
7.70
2.82
27.57
29.37
55
23.54
Return on assets%
8.78
6.68
8.19
8.75
10.90
13.61
16.08
14.57
16.36
26.86
11.90
14.57
10.08
60
0.39
EPS€
1.59
1.56
1.75
1.90
1.90
1.90
2.17
2.52
2.59
0.40
0.46
6.36%
7.61%
—
22.77
EPS growth%
12.18
13.22
14.03
13.67
11.60
11.90
10.24
7.76
6.61
10.09
17.87
10.24
12.04
48
1.17
Bookvalue per sh€
1.40
1.61
1.80
1.91
1.97
2.03
2.25
2.53
2.77
0.39
0.49
7.70%
7.79%
—
1.03
FCF per share€
1.48
1.54
1.79
2.00
2.19
2.48
2.50
2.69
2.85
0.73
0.37
7.31%
8.11%
—
0.32
Dividend per sh€
0.92
0.83
0.86
0.81
0.83
0.76
0.71
0.64
0.59
1.21
0.43
(6.19%)
(4.14%)
—
2.31
Div yield (avg)%
21.37
19.78
17.95
15.00
13.87
16.86
17.93
20.56
20.92
28.46
5.87
17.93
18.86
59
19.46
Payout ratio%
1.08
1.38
1.84
0.40
2.77
0.57
1.09
2.41
1.77
23.47
10.69
1.77
1.57
37
10.13
Shares (diluted)M
7.830
6.841
6.033
6.060
5.805
5.087
4.988
4.478
4.461
10.26
9.869
(5.94%)
(5.41%)
62
12.23
Buyback yield%
12.62
14.13
15.54
14.75
14.28
12.79
13.18
14.43
14.41
14.63
17.71
14.28
14.20
55
0.143
D/E ratiox
1.492
1.553
1.513
1.425
1.523
1.343
1.326
1.164
1.274
0.326
0.115
1.326
1.458
59
1.816
Enterprise value€M
23.77
27.65
30.29
33.53
38.71
44.88
48.74
53.08
58.55
12.90
7.788
11.80%
9.34%
53
10.80
LT debt€M
9.933
9.301
9.959
8.707
8.046
7.587
7.112
6.066
6.162
13.37
11.70
(6.68%)
(5.06%)
21
Revenue
€13.68M
8.96%
1.00×
Cost of revenue
€8.634M
8.66%
0.97×
Operating expenses
€2.934M
9.36%
1.04×
Goodwill & intangibles
19.25%
Cash and investments
18.48%
Spread over hurdle
(0.43%)