100.7
Revenue€M
97.68
101.0
105.3
107.1
111.0
114.0
118.2
122.3
125.4
132.5
106.5
3.60%
3.67%
88
4.91
Revenue growth%
27.91
25.04
28.03
25.97
25.55
26.01
23.44
21.93
21.16
18.90
3.30
21.93
25.30
36
5.12
Gross margin%
18.39
19.61
18.94
21.57
19.60
21.77
22.24
20.21
22.66
21.51
19.37
21.77
20.86
69
28.32
Operating margin%
32.11
34.30
35.48
35.08
36.83
39.55
40.99
42.46
41.08
43.10
10.50
41.08
38.19
10
11.95
Net margin%
25.59
27.47
29.12
30.03
29.95
27.99
28.36
27.60
29.93
32.16
6.38
28.36
28.74
13
23.74
P/E ratio (avg)x
26.97
25.94
24.84
25.47
22.28
23.30
24.08
22.34
21.84
22.74
11.23
22.74
23.69
42
36.16
EV/EBITx
33.74
40.66
41.19
49.52
49.97
51.01
58.33
60.41
66.27
73.77
37.23
60.41
50.49
31
25.60
FCF yield (avg)%
5.00
4.16
6.13
3.73
2.45
1.39
0.77
0.40
1.00
0.40
6.50
0.77
1.92
60
29.46
FCF margin%
22.06
19.22
16.86
17.06
17.83
16.48
17.01
15.35
16.33
19.06
18.44
16.48
17.04
60
1.274
FCF / Net incomex
1.386
1.248
1.126
1.181
1.240
1.244
1.064
1.002
0.885
0.847
1.797
1.002
1.154
24
12.39
ROIC%
8.14
8.33
7.90
7.90
6.47
5.92
4.55
1.84
1.46
0.78
3.16
1.84
6.20
53
21.47
Return on equity%
26.27
28.84
27.54
25.56
25.14
23.27
22.92
25.33
22.43
23.65
29.83
23.27
25.24
54
8.69
Return on assets%
18.98
19.55
19.27
17.57
20.14
22.61
21.82
21.05
19.14
19.07
5.74
21.05
19.41
37
1.79
EPS€
5.22
5.88
6.24
6.19
6.77
7.12
8.01
8.96
8.24
8.76
1.91
5.29%
5.86%
—
29.37
EPS growth%
10.10
9.84
8.44
7.67
6.05
8.04
7.96
6.01
6.15
4.53
4.09
6.15
7.82
77
1.21
Bookvalue per sh€
1.69
1.68
1.68
1.88
1.84
1.95
1.92
1.94
2.09
2.27
1.61
4.29%
3.16%
—
4.44
FCF per share€
4.53
4.58
4.61
4.45
4.26
4.18
4.57
5.02
4.54
4.12
5.39
(0.67%)
(1.10%)
—
2.06
Dividend per sh€
1.90
1.89
1.72
1.69
1.94
1.96
1.98
1.96
1.94
2.04
1.95
1.01%
0.31%
—
28.90
Div yield (avg)%
4.39
4.56
5.59
7.15
5.90
8.49
5.87
7.46
6.77
8.74
3.74
7.46
6.33
33
22.18
Payout ratio%
15.50
18.24
18.31
19.86
21.40
22.01
24.16
26.47
27.61
25.52
8.24
25.52
21.71
69
24.95
Shares (diluted)M
42.48
45.54
50.00
56.28
62.78
62.21
67.66
69.36
72.54
82.58
25.53
5.64%
7.07%
83
18.29
Buyback yield%
24.46
21.68
23.00
25.20
25.29
25.22
23.98
24.75
24.05
23.30
4.29
24.05
24.26
38
1.126
D/E ratiox
0.587
0.625
0.638
0.689
0.723
0.751
0.691
0.683
0.753
0.704
1.027
0.704
0.690
38
115.1
Enterprise value€M
134.9
126.0
142.4
136.1
130.6
118.6
131.1
143.2
150.2
149.2
100.7
2.70%
0.22%
40
40.50
LT debt€M
94.74
88.29
87.53
84.60
83.51
75.77
65.23
63.69
56.21
49.00
102.6
(10.11%)
(6.95%)
77
Revenue
€132.5M
3.67%
1.00×
Cost of revenue
€85.06M
3.65%
1.00×
Operating expenses
€31.85M
3.62%
1.00×
Spread over hurdle
(0.24%)