2.531
Revenue€B
3.613
3.736
3.845
4.038
4.143
4.351
4.464
4.622
4.787
4.981
2.657
3.75%
3.83%
84
19.24
Revenue growth%
12.95
11.95
13.44
11.43
8.71
9.06
6.54
5.19
2.62
0.73
25.71
5.19
8.89
43
24.44
Gross margin%
21.27
19.87
21.92
20.47
22.80
20.50
22.42
22.22
25.04
22.33
18.09
22.33
22.07
9
29.34
Operating margin%
24.58
24.76
25.66
22.80
22.79
21.24
20.16
18.98
19.39
18.37
4.24
19.39
22.01
80
19.86
Net margin%
9.72
9.93
7.45
10.17
9.06
7.40
5.45
3.18
3.76
4.07
8.41
4.07
7.43
16
27.27
P/E ratio (avg)x
7.829
8.385
7.902
9.117
8.910
9.234
9.137
8.944
9.817
9.501
19.98
9.234
9.030
15
32.39
EV/EBITx
37.34
41.03
43.60
46.79
44.63
45.49
50.14
45.35
49.71
48.97
13.16
48.97
45.42
60
13.45
FCF yield (avg)%
6.14
6.23
5.74
8.02
9.62
9.66
7.81
7.77
9.48
9.72
7.15
9.48
7.91
13
12.28
FCF margin%
7.43
9.08
6.70
4.79
7.62
8.16
9.58
10.83
11.18
13.00
4.83
10.83
8.62
32
1.519
FCF / Net incomex
2.168
2.097
2.367
2.151
2.458
2.265
2.401
2.498
2.747
2.805
0.125
2.498
2.384
32
6.00
ROIC%
0.40
0.88
0.40
2.00
0.40
2.54
2.43
0.40
3.01
5.39
25.59
2.54
1.44
94
23.09
Return on equity%
8.12
5.41
4.93
3.98
3.15
2.58
1.90
0.40
0.40
0.40
12.02
0.40
2.87
38
29.46
Return on assets%
26.52
24.31
24.57
23.06
23.43
22.57
20.51
22.17
20.88
17.92
21.25
20.88
22.81
21
1.30
EPS€
1.56
1.38
1.40
1.54
1.53
1.33
1.43
1.44
1.43
1.45
1.44
(1.10%)
(1.56%)
—
14.27
EPS growth%
21.03
18.17
15.46
16.28
15.48
14.20
15.81
16.57
16.16
16.46
5.16
16.16
16.22
71
1.15
Bookvalue per sh€
0.35
0.37
0.35
0.36
0.37
0.34
0.35
0.39
0.43
0.43
0.70
3.24%
2.39%
—
1.41
FCF per share€
1.50
1.50
1.51
1.68
1.76
1.77
1.99
2.27
2.16
2.16
1.32
4.21%
3.46%
—
0.58
Dividend per sh€
1.18
1.34
1.39
1.46
1.54
1.75
1.63
1.78
2.03
2.21
0.49
7.51%
6.64%
—
11.17
Div yield (avg)%
11.86
11.82
9.59
7.48
8.94
8.82
11.08
9.30
11.19
13.00
13.42
11.08
10.33
33
28.72
Payout ratio%
9.87
7.22
5.51
6.03
6.73
8.49
5.70
8.30
7.05
4.86
22.30
7.05
6.89
67
1.221
Shares (diluted)B
1.565
1.736
1.892
1.802
2.019
2.103
2.278
2.599
2.879
2.984
1.232
8.13%
7.54%
16
13.07
Buyback yield%
21.07
22.46
24.18
23.37
26.18
27.40
25.91
23.55
23.53
21.13
17.17
23.55
23.54
81
1.471
D/E ratiox
0.359
0.374
0.357
0.335
0.374
0.388
0.381
0.349
0.381
0.397
0.839
0.381
0.374
80
2.016
Enterprise value€B
2.842
2.869
2.606
2.689
3.015
3.300
3.534
3.532
3.319
3.516
2.849
3.12%
1.87%
47
2.458
LT debt€B
4.096
4.711
5.211
5.955
6.273
5.837
6.116
6.613
7.712
7.441
4.622
3.47%
5.64%
77
Revenue
€4.981B
3.83%
1.00×
Cost of revenue
€3.067B
3.79%
1.00×
Operating expenses
€717.2M
2.80%
0.91×
Goodwill & intangibles
14.39%
Spread over hurdle
13.20%