1.119
Revenue€B
0.596
0.625
0.683
0.748
0.804
0.857
0.904
0.970
1.045
1.126
1.240
6.96%
7.51%
50
25.20
Revenue growth%
21.14
20.20
17.44
15.90
15.25
17.88
15.56
13.78
14.35
14.57
23.13
14.57
15.73
95
27.68
Gross margin%
21.13
21.90
23.12
22.75
22.82
22.55
25.23
27.84
25.17
22.98
9.81
25.17
22.90
48
29.29
Operating margin%
18.99
16.96
15.58
16.34
16.70
19.36
17.19
15.86
17.67
17.71
18.44
17.67
17.07
64
28.64
Net margin%
33.68
33.44
31.31
28.54
28.16
29.72
27.50
28.89
27.33
30.12
25.06
28.89
29.31
8
7.031
P/E ratio (avg)x
10.67
9.812
10.12
10.21
10.98
11.46
10.95
10.36
10.58
9.686
36.00
10.58
10.47
74
16.60
EV/EBITx
23.05
23.74
23.24
26.90
29.55
30.38
31.42
36.92
42.28
49.79
6.457
36.92
29.97
43
11.00
FCF yield (avg)%
27.50
25.17
23.68
23.61
23.61
25.93
25.30
24.01
23.77
24.49
8.20
24.49
24.25
76
20.28
FCF margin%
5.85
4.62
3.05
3.00
2.43
3.04
3.33
5.00
4.39
5.85
17.15
4.39
3.86
80
1.372
FCF / Net incomex
1.536
1.607
1.631
1.645
1.421
1.500
1.440
1.549
1.389
1.211
0.636
1.440
1.518
61
29.08
ROIC%
15.71
14.29
12.81
13.76
13.53
14.19
15.18
12.68
14.98
17.36
20.13
14.98
14.24
39
6.20
Return on equity%
11.47
12.96
14.11
16.90
17.01
18.41
16.44
16.28
15.71
15.49
25.98
16.28
15.99
51
27.72
Return on assets%
26.15
23.24
20.95
23.90
25.56
26.27
24.82
23.64
25.22
23.42
6.79
24.82
24.36
25
3.28
EPS€
4.99
4.84
5.19
5.38
4.96
5.53
5.24
4.67
5.10
4.84
3.62
(0.46%)
(0.61%)
—
20.40
EPS growth%
27.17
24.20
26.63
25.64
26.13
27.71
24.90
26.11
26.79
24.57
6.96
26.11
26.12
11
2.25
Bookvalue per sh€
5.86
5.77
5.89
6.25
6.51
6.57
6.68
7.15
7.67
9.16
2.23
7.09%
4.81%
—
2.00
FCF per share€
6.16
6.44
7.10
7.34
7.51
7.56
8.56
8.99
10.16
9.46
2.26
4.73%
5.76%
—
6.07
Dividend per sh€
5.03
5.32
4.91
5.03
4.52
5.11
5.69
6.41
7.14
7.48
6.05
10.62%
3.47%
—
13.78
Div yield (avg)%
27.06
25.45
24.84
25.70
27.18
24.65
24.79
25.66
23.40
23.33
22.23
24.65
25.14
43
14.70
Payout ratio%
14.54
12.97
14.92
17.86
20.50
18.66
15.69
15.07
15.55
16.75
18.25
15.69
15.62
50
94.93
Shares (diluted)M
138.5
154.3
147.3
142.3
141.9
155.9
165.2
175.3
187.9
199.9
96.94
7.09%
4.26%
42
19.10
Buyback yield%
12.55
12.96
13.08
14.53
12.92
10.24
11.96
13.31
14.33
14.31
20.24
13.31
13.02
31
1.756
D/E ratiox
1.856
2.091
2.378
2.582
2.504
2.677
2.634
2.434
2.737
2.703
0.737
2.677
2.543
60
0.958
Enterprise value€B
0.752
0.816
0.895
1.024
1.100
1.109
1.106
1.103
1.222
1.418
0.102
5.20%
6.82%
57
0.265
LT debt€B
0.620
0.582
0.638
0.724
0.779
0.762
0.856
0.871
0.934
1.004
0.546
5.21%
4.91%
15
Revenue
€1.126B
7.51%
1.00×
Cost of revenue
€788.2M
7.51%
1.00×
Operating expenses
€215.6M
6.56%
0.91×
Spread over hurdle
21.17%