57.33
Revenue€M
215.6
231.8
251.0
261.8
275.0
299.0
318.1
346.8
371.9
402.4
62.30
7.91%
6.96%
65
3.51
Revenue growth%
9.15
10.84
10.52
11.61
11.35
11.98
12.25
11.30
8.62
6.46
21.25
11.30
11.07
80
21.89
Gross margin%
10.10
8.74
11.19
8.53
6.87
5.80
4.88
2.67
3.20
3.38
13.78
3.38
6.34
74
4.59
Operating margin%
2.89
5.70
8.26
11.07
10.62
9.10
9.21
8.16
9.51
12.19
21.58
9.21
9.15
48
5.59
Net margin%
21.02
19.74
18.69
21.58
20.67
21.33
23.87
21.90
23.01
21.47
20.31
21.90
21.40
63
30.82
P/E ratio (avg)x
10.95
10.76
10.70
10.46
9.572
9.143
8.499
9.196
9.125
8.353
28.52
9.125
9.384
25
36.31
EV/EBITx
50.13
54.11
55.83
59.74
70.56
76.43
80.98
81.68
81.78
97.22
33.11
81.68
73.49
79
29.98
FCF yield (avg)%
22.42
20.83
23.15
21.85
20.18
20.08
20.67
18.99
21.48
18.97
4.45
20.08
20.75
56
18.02
FCF margin%
3.03
0.90
3.50
3.69
4.85
5.41
5.20
3.69
6.12
7.82
16.57
5.41
4.27
33
0.386
FCF / Net incomex
0.263
0.252
0.277
0.252
0.228
0.228
0.214
0.189
0.209
0.203
1.358
0.209
0.228
33
7.52
ROIC%
4.57
3.06
2.05
4.78
5.79
4.25
1.37
0.40
0.40
0.40
25.34
0.40
2.55
87
3.65
Return on equity%
16.05
18.44
20.29
18.95
20.75
21.00
23.90
25.96
25.20
25.71
5.10
25.20
20.88
35
27.65
Return on assets%
24.04
21.78
22.77
24.26
25.22
26.44
28.06
26.56
26.45
27.53
28.66
26.56
25.83
60
0.95
EPS€
2.93
3.13
3.36
3.51
3.41
3.76
3.86
4.54
5.34
6.25
1.05
12.88%
9.52%
—
17.08
EPS growth%
12.35
9.63
9.49
12.39
10.26
13.02
15.74
15.36
12.72
12.85
15.97
13.02
12.56
44
0.69
Bookvalue per sh€
1.57
1.71
1.51
1.64
1.74
1.62
1.66
1.62
1.63
1.64
1.30
(1.12%)
(0.96%)
—
1.71
FCF per share€
0.56
0.53
0.49
0.51
0.45
0.46
0.48
0.41
0.42
0.44
0.34
(0.53%)
(2.48%)
—
0.67
Dividend per sh€
0.49
0.50
0.49
0.52
0.50
0.54
0.62
0.63
0.72
0.70
1.54
6.83%
5.08%
—
2.34
Div yield (avg)%
19.11
16.41
18.73
15.97
14.82
11.86
14.45
16.32
18.19
16.15
13.05
16.15
16.24
14
20.89
Payout ratio%
6.82
6.37
5.72
5.05
6.46
6.37
4.01
1.86
3.69
4.43
22.79
4.01
5.39
65
155.0
Shares (diluted)M
154.9
135.8
121.4
110.1
121.5
108.3
101.6
88.89
85.57
81.22
156.4
(7.74%)
(6.59%)
31
28.94
Buyback yield%
6.81
6.69
9.67
6.91
9.40
8.59
10.85
8.10
8.87
7.75
13.21
8.59
8.34
39
0.755
D/E ratiox
1.135
1.241
1.203
1.316
1.324
1.461
1.336
1.311
1.282
1.323
0.210
1.323
1.314
16
246.8
Enterprise value€M
218.3
218.5
235.9
242.2
266.1
279.2
240.8
247.5
244.2
233.3
151.5
(2.60%)
1.15%
7
51.89
LT debt€M
395.2
449.5
529.2
531.0
510.6
530.9
615.3
707.1
788.3
839.1
395.2
10.44%
7.92%
15
Revenue
€402.4M
6.96%
1.00×
Cost of revenue
€253.0M
6.93%
1.00×
Operating expenses
€61.68M
7.05%
1.01×
Goodwill & intangibles
16.88%
Cash and investments
16.39%
Spread over hurdle
(1.00%)