36.72
Revenue€M
95.09
103.3
110.0
120.0
132.5
141.8
151.2
163.9
176.7
193.0
39.91
7.81%
7.98%
66
28.58
Revenue growth%
11.70
12.44
10.67
10.76
11.02
9.95
9.46
10.45
10.58
12.88
7.58
10.45
10.71
61
15.51
Gross margin%
0.40
3.37
1.13
3.37
5.96
8.41
5.67
4.23
5.53
7.34
19.18
5.67
4.88
71
26.98
Operating margin%
20.32
21.41
19.23
21.33
22.76
24.01
22.45
22.88
22.73
21.17
5.03
22.73
21.93
49
27.78
Net margin%
12.27
10.45
8.57
6.98
5.80
4.60
5.78
6.43
6.83
7.24
4.79
6.43
6.90
86
18.04
P/E ratio (avg)x
10.40
12.07
11.18
11.74
12.48
12.42
12.09
13.57
14.53
15.55
11.11
13.57
12.25
94
31.67
EV/EBITx
27.22
30.94
33.82
32.00
35.97
33.84
37.46
33.71
37.30
38.35
26.18
37.30
33.83
7
5.09
FCF yield (avg)%
9.79
10.52
9.37
7.96
10.69
12.53
9.69
7.03
4.98
2.44
28.92
7.03
9.53
46
6.71
FCF margin%
21.71
20.72
18.14
19.12
21.99
20.54
20.92
21.16
21.41
21.14
23.40
21.14
21.03
29
1.211
FCF / Net incomex
0.516
0.511
0.486
0.487
0.473
0.504
0.482
0.510
0.567
0.554
1.293
0.510
0.507
28
12.27
ROIC%
10.33
10.75
10.25
9.35
12.26
13.92
13.45
14.29
12.99
13.11
4.74
13.45
12.62
35
16.79
Return on equity%
8.82
11.29
13.85
16.68
15.28
15.02
16.66
15.99
15.18
17.40
23.38
15.99
15.23
27
20.14
Return on assets%
3.19
4.89
1.94
0.40
0.40
0.40
0.40
2.86
1.03
0.40
24.57
0.40
0.71
12
3.18
EPS€
5.71
5.65
5.44
5.96
6.37
5.88
5.42
5.62
5.29
4.98
3.30
(4.82%)
(1.03%)
—
15.83
EPS growth%
19.68
21.55
21.89
24.06
21.13
18.61
17.99
17.59
18.58
18.12
18.42
18.12
19.15
91
6.46
Bookvalue per sh€
15.22
16.47
17.56
16.78
16.77
15.84
16.24
16.87
15.82
17.80
15.13
1.19%
2.39%
—
5.73
FCF per share€
7.50
7.37
7.64
6.93
7.59
7.27
6.87
7.17
6.40
6.30
6.78
(3.66%)
(2.35%)
—
10.87
Dividend per sh€
12.06
13.27
13.84
14.80
17.10
16.70
19.11
20.69
24.17
25.28
2.55
8.13%
9.15%
—
8.37
Div yield (avg)%
21.43
21.32
20.79
23.33
21.11
20.24
20.57
17.82
17.27
19.19
14.40
19.19
20.68
33
5.87
Payout ratio%
26.64
28.34
27.70
28.81
26.76
24.45
26.03
28.27
27.13
29.31
5.21
27.13
27.41
60
6.776
Shares (diluted)M
11.27
10.94
12.59
13.54
16.01
18.54
20.69
22.88
25.19
29.84
6.493
13.26%
11.11%
43
15.16
Buyback yield%
11.93
12.76
12.65
15.18
17.89
17.36
18.56
19.28
16.30
16.96
18.90
17.36
16.63
14
0.934
D/E ratiox
1.198
1.226
1.424
1.678
1.861
1.893
2.264
2.365
2.561
2.614
1.103
2.365
1.877
47
59.68
Enterprise value€M
186.1
192.2
192.4
187.0
161.5
160.9
173.8
169.8
162.4
154.4
17.05
(0.90%)
(1.70%)
72
195.6
LT debt€M
167.5
194.7
207.8
213.3
245.5
255.2
303.2
305.2
299.1
343.7
105.1
6.96%
6.94%
21
Revenue
€193.0M
7.98%
1.00×
Cost of revenue
€97.60M
8.19%
1.02×
Operating expenses
€29.24M
7.28%
0.94×
Spread over hurdle
11.60%