232.4
Revenue€M
205.4
214.3
226.2
237.3
255.6
269.4
282.3
300.6
319.9
333.8
252.9
5.48%
5.67%
92
15.54
Revenue growth%
14.57
14.50
15.32
16.48
15.07
17.48
15.76
17.74
16.87
14.22
8.03
16.87
15.54
85
16.67
Gross margin%
10.75
9.83
10.87
11.09
11.37
13.82
12.26
9.55
8.66
9.50
6.74
9.55
10.81
54
3.19
Operating margin%
3.38
2.93
3.90
2.15
4.43
1.94
3.94
5.56
7.79
8.42
27.39
5.56
3.92
82
8.55
Net margin%
20.12
22.87
20.03
21.62
20.88
22.79
24.32
24.02
25.90
27.55
16.12
24.32
22.83
44
22.15
P/E ratio (avg)x
17.92
18.76
20.57
20.79
22.14
19.34
21.40
22.63
24.48
25.46
33.66
22.63
21.09
67
10.11
EV/EBITx
57.19
56.27
59.56
67.93
67.75
71.34
70.29
73.52
74.40
86.49
26.85
73.52
69.11
83
7.79
FCF yield (avg)%
12.91
14.35
15.71
16.04
15.77
14.68
14.11
13.70
12.83
12.84
22.57
13.70
14.23
86
3.64
FCF margin%
25.66
28.02
28.98
28.47
27.02
25.82
24.81
27.49
29.78
31.03
6.64
27.49
27.75
84
1.132
FCF / Net incomex
1.456
1.659
1.773
1.749
1.977
2.001
1.999
2.227
2.327
2.273
1.237
2.227
1.988
54
14.48
ROIC%
9.09
9.83
8.01
7.21
5.09
7.31
8.63
5.90
7.66
9.00
18.61
7.66
7.84
8
21.05
Return on equity%
30.42
30.68
32.84
30.91
32.33
29.66
27.17
27.21
29.86
29.29
18.24
29.29
30.14
87
19.89
Return on assets%
9.30
7.84
10.77
11.52
12.06
15.01
12.16
14.35
12.20
11.01
22.02
12.20
11.79
94
4.40
EPS€
5.12
6.11
6.43
7.17
7.55
8.60
10.25
11.79
12.99
13.00
4.81
11.50%
10.93%
—
17.82
EPS growth%
12.23
14.73
15.48
15.38
14.96
13.19
13.95
16.84
17.68
15.39
8.64
15.39
15.17
31
2.57
Bookvalue per sh€
3.58
3.51
3.59
3.30
3.58
3.88
4.26
4.75
4.54
4.12
6.58
2.86%
0.43%
—
6.14
FCF per share€
4.68
5.20
5.23
4.91
4.60
4.92
5.20
5.13
4.83
5.12
3.82
2.17%
1.75%
—
4.16
Dividend per sh€
4.91
4.27
4.60
4.23
3.68
3.92
4.27
3.82
4.12
4.40
4.56
3.63%
(2.15%)
—
24.00
Div yield (avg)%
6.74
7.84
9.04
8.49
8.73
7.22
9.36
9.88
8.31
9.60
6.62
9.36
8.61
59
7.36
Payout ratio%
1.88
2.47
0.40
0.40
2.00
2.86
3.92
4.75
2.47
1.84
12.06
2.86
2.23
9
11.12
Shares (diluted)M
17.32
18.71
17.90
20.31
22.91
26.25
28.69
33.22
35.38
38.59
11.01
11.00%
8.96%
88
5.95
Buyback yield%
4.43
2.16
0.40
1.44
0.57
0.40
1.71
0.40
0.40
0.40
8.57
0.40
0.48
71
0.464
D/E ratiox
1.382
1.303
1.346
1.383
1.503
1.557
1.551
1.571
1.433
1.356
1.249
1.551
1.408
93
142.0
Enterprise value€M
152.1
170.5
170.9
175.3
158.7
155.1
155.0
151.3
154.9
152.8
80.46
(0.75%)
1.27%
67
265.0
LT debt€M
173.6
178.0
180.4
197.5
202.8
208.9
224.4
220.0
225.4
248.4
53.65
4.14%
4.56%
52
Revenue
€333.8M
5.67%
1.00×
Cost of revenue
€191.3M
5.43%
0.98×
Operating expenses
€58.96M
6.53%
1.08×
Goodwill & intangibles
18.29%
Spread over hurdle
20.37%