0.841
Revenue€B
1.800
1.922
2.047
2.180
2.329
2.408
2.487
2.664
2.752
2.907
0.903
4.53%
5.37%
42
6.48
Revenue growth%
29.70
27.53
26.31
25.79
23.70
21.63
21.91
24.38
22.67
23.89
2.89
22.67
24.13
46
15.24
Gross margin%
22.32
19.73
19.05
17.90
19.84
18.72
18.00
19.70
21.11
19.14
18.95
19.14
19.42
31
19.45
Operating margin%
14.37
14.62
17.24
19.15
20.65
19.86
19.74
20.53
23.09
25.75
22.50
20.53
19.80
61
25.90
Net margin%
16.35
19.30
21.12
23.81
25.03
23.36
23.91
24.94
23.45
24.16
16.68
23.91
23.63
31
14.15
P/E ratio (avg)x
16.31
16.88
18.39
18.55
18.63
19.33
18.59
17.44
17.48
17.84
10.62
17.84
18.12
16
15.75
EV/EBITx
5.923
5.374
5.724
5.947
5.984
6.415
7.099
6.342
6.781
7.450
33.20
6.781
6.163
27
30.00
FCF yield (avg)%
2.80
4.61
1.87
0.40
1.90
3.96
2.70
0.40
1.13
4.11
20.77
2.70
2.30
24
4.78
FCF margin%
24.20
26.58
26.46
23.93
26.70
29.29
30.55
29.62
29.26
31.05
25.31
29.62
27.98
40
1.357
FCF / Net incomex
0.197
0.174
0.161
0.151
0.147
0.154
0.165
0.160
0.141
0.126
1.145
0.154
0.157
12
12.63
ROIC%
4.19
5.54
5.03
6.22
8.14
6.38
8.01
6.66
4.46
6.04
13.73
6.38
6.13
32
29.14
Return on equity%
14.52
13.19
15.62
15.57
16.74
18.46
17.01
16.79
18.44
16.41
16.40
17.01
16.58
32
5.99
Return on assets%
26.40
25.83
27.94
28.52
29.86
28.77
27.33
24.55
25.25
22.60
5.71
25.25
26.86
22
4.77
EPS€
6.29
7.15
6.97
7.82
8.12
9.49
9.41
9.14
8.89
9.96
5.11
4.18%
5.63%
—
25.80
EPS growth%
21.00
19.97
22.34
21.92
19.70
17.20
20.03
20.86
17.93
20.72
13.89
20.03
20.38
65
2.56
Bookvalue per sh€
5.64
6.05
6.51
6.90
6.76
6.59
6.31
6.60
6.79
7.26
3.72
1.42%
2.13%
—
6.56
FCF per share€
4.26
4.07
3.99
3.55
3.38
3.75
3.97
4.26
3.83
3.83
4.85
2.54%
(2.14%)
—
5.43
Dividend per sh€
4.85
4.72
5.07
4.71
5.00
4.79
4.81
5.13
5.25
5.93
5.34
3.47%
1.36%
—
6.71
Div yield (avg)%
7.65
8.84
10.35
8.03
8.09
8.45
8.20
5.40
2.97
3.27
5.48
5.40
8.06
50
5.39
Payout ratio%
32.24
30.20
27.36
28.74
27.88
28.18
29.41
31.11
31.64
34.50
17.72
31.11
29.81
18
305.0
Shares (diluted)M
389.4
460.7
467.5
532.1
570.3
623.5
625.6
627.1
733.8
811.5
309.7
7.31%
8.51%
21
25.48
Buyback yield%
26.50
26.62
23.96
26.82
28.09
28.38
26.66
27.24
29.08
26.55
9.26
27.24
26.74
29
1.094
D/E ratiox
0.333
0.325
0.305
0.261
0.238
0.242
0.233
0.215
0.207
0.190
0.949
0.215
0.240
33
343.1
Enterprise value€M
946.6
896.4
825.8
748.1
696.2
635.7
698.7
609.9
615.6
666.9
278.0
(0.86%)
(4.14%)
59
1.837
LT debt€B
1.615
1.773
1.754
1.805
1.958
2.047
1.815
1.871
2.058
2.073
0.967
1.15%
1.83%
35
Revenue
€2.907B
5.37%
1.00×
Cost of revenue
€1.568B
5.29%
0.99×
Operating expenses
€596.1M
5.63%
1.02×
Goodwill & intangibles
17.29%
Cash and investments
13.97%
Spread over hurdle
22.13%