25.77
Revenue€M
124.7
130.2
137.6
149.1
159.5
169.6
179.6
195.3
210.6
221.2
28.04
6.76%
6.47%
75
26.21
Revenue growth%
13.47
16.22
17.11
19.29
20.76
17.89
20.24
17.48
19.51
16.72
20.71
17.89
17.68
51
23.06
Gross margin%
0.40
0.40
0.40
2.20
0.90
2.42
0.40
0.43
1.69
0.79
14.52
0.79
0.61
56
2.93
Operating margin%
0.92
3.20
4.87
2.42
0.40
0.40
0.40
2.07
1.79
2.51
25.36
1.79
1.93
28
4.68
Net margin%
32.14
30.13
30.49
30.82
29.40
27.43
29.05
26.56
28.74
27.01
5.88
27.43
29.23
70
32.06
P/E ratio (avg)x
26.50
26.61
26.28
27.45
30.53
33.62
35.40
31.92
30.53
32.94
22.60
32.94
30.53
8
9.852
EV/EBITx
12.95
12.65
13.31
12.84
14.02
16.07
17.43
18.65
19.33
19.88
18.70
18.65
15.05
61
22.13
FCF yield (avg)%
15.81
16.58
14.84
14.50
15.44
16.97
19.88
21.59
19.24
21.34
11.82
19.88
16.77
21
4.05
FCF margin%
23.58
23.69
25.56
24.79
27.21
29.12
26.33
28.62
27.36
28.93
28.15
28.62
26.77
78
1.565
FCF / Net incomex
0.669
0.629
0.675
0.746
0.854
0.937
0.940
1.080
1.180
1.325
0.148
1.080
0.896
70
4.99
ROIC%
4.60
6.94
6.71
8.73
11.63
10.16
10.94
13.23
12.52
10.17
6.03
10.94
10.17
17
26.65
Return on equity%
6.11
7.93
10.22
12.03
13.56
10.71
12.71
14.72
12.20
11.84
2.30
12.20
11.93
56
4.90
Return on assets%
4.85
4.10
1.76
3.39
0.77
0.40
0.40
0.40
0.40
0.40
10.13
0.40
0.58
59
1.72
EPS€
0.58
0.63
0.56
0.50
0.52
0.53
0.48
0.51
0.51
0.50
1.83
(0.99%)
(1.93%)
—
5.01
EPS growth%
24.41
25.49
24.89
22.82
25.16
24.44
23.42
23.60
23.86
23.16
21.80
23.60
24.13
76
1.77
Bookvalue per sh€
1.28
1.13
1.23
1.12
1.18
1.07
1.08
1.10
0.98
0.92
2.57
(4.88%)
(2.65%)
—
1.19
FCF per share€
3.87
4.25
4.68
4.97
5.09
5.13
5.84
6.66
7.34
8.53
0.63
10.87%
8.44%
—
1.41
Dividend per sh€
6.23
7.28
7.57
7.88
7.92
8.68
10.32
11.20
13.30
14.11
1.79
12.25%
10.39%
—
23.19
Div yield (avg)%
8.30
8.08
10.01
8.65
8.22
5.76
3.58
6.34
7.06
9.35
29.51
6.34
8.15
32
14.45
Payout ratio%
0.40
2.81
4.86
5.99
3.84
5.91
6.58
6.66
6.27
7.68
11.77
6.58
5.95
9
74.53
Shares (diluted)M
78.13
86.51
91.33
91.09
93.77
88.25
84.04
89.17
92.93
103.6
76.21
2.02%
2.53%
6
23.99
Buyback yield%
13.24
11.21
9.94
8.87
10.35
7.71
8.34
7.42
7.34
5.40
21.69
7.42
8.61
47
1.650
D/E ratiox
0.977
1.041
1.005
1.056
1.185
1.306
1.385
1.318
1.523
1.466
1.507
1.385
1.246
77
204.7
Enterprise value€M
56.60
60.33
58.15
61.49
64.44
61.20
63.09
68.71
69.28
68.79
88.43
1.31%
1.88%
10
166.6
LT debt€M
32.38
36.81
39.46
43.88
45.94
49.92
47.24
52.50
50.98
55.65
196.1
3.91%
6.03%
41
Revenue
€221.2M
6.47%
1.00×
Cost of revenue
€114.0M
6.21%
0.98×
Operating expenses
€40.70M
7.30%
1.08×
Cash and investments
15.56%
Spread over hurdle
28.70%