136.4
Revenue€M
68.84
75.08
80.71
86.76
95.79
104.9
115.7
124.7
133.7
143.3
146.0
8.39%
8.59%
45
27.30
Revenue growth%
17.99
19.46
21.19
22.41
23.51
23.60
22.76
24.96
26.15
28.85
2.37
24.96
23.13
54
21.37
Gross margin%
15.38
16.49
17.92
19.46
21.45
21.43
23.36
20.37
19.82
19.16
9.13
20.37
19.64
84
13.10
Operating margin%
21.34
23.84
26.16
24.39
26.55
29.35
27.68
25.96
28.31
29.94
23.23
28.31
26.36
40
29.26
Net margin%
10.75
11.08
13.42
14.92
15.62
14.89
16.00
18.71
20.31
22.82
21.15
18.71
15.27
48
31.28
P/E ratio (avg)x
30.33
32.72
31.68
34.79
32.73
36.10
38.38
38.94
39.70
36.96
9.929
38.38
35.45
45
9.026
EV/EBITx
35.92
35.83
36.50
41.16
44.65
42.30
40.80
43.81
44.61
46.13
35.37
43.81
41.73
76
28.57
FCF yield (avg)%
4.41
5.99
5.57
3.17
0.84
0.40
3.08
4.78
5.81
8.67
25.88
4.78
4.59
49
15.16
FCF margin%
24.17
23.75
22.65
21.02
22.10
20.78
20.00
21.52
23.52
23.01
18.00
21.52
22.38
93
0.379
FCF / Net incomex
0.952
0.944
1.013
1.046
0.941
0.847
0.741
0.716
0.699
0.627
1.773
0.716
0.894
65
20.91
ROIC%
5.08
2.25
2.66
2.49
1.05
0.70
0.76
2.94
0.83
0.40
28.90
0.76
1.65
74
22.22
Return on equity%
32.32
29.68
29.51
26.57
24.50
24.65
27.63
27.57
30.48
30.24
14.00
27.63
28.57
88
28.78
Return on assets%
15.44
12.86
10.40
10.57
11.61
12.80
10.93
13.41
13.55
12.36
23.07
12.80
12.58
63
1.21
EPS€
0.78
0.71
0.69
0.78
0.83
0.77
0.76
0.81
0.90
1.01
1.27
3.91%
2.10%
—
11.28
EPS growth%
10.40
11.02
13.32
13.50
12.15
11.20
8.93
7.55
9.81
7.77
3.63
8.93
10.71
16
1.37
Bookvalue per sh€
1.18
1.21
1.24
1.44
1.61
1.75
1.75
2.03
2.26
2.66
1.29
10.54%
9.03%
—
0.62
FCF per share€
0.62
0.64
0.59
0.58
0.54
0.60
0.62
0.60
0.52
0.53
1.36
(0.60%)
(2.75%)
—
1.23
Dividend per sh€
0.89
1.02
1.15
1.09
1.18
1.29
1.32
1.50
1.74
1.73
1.20
7.89%
8.38%
—
25.70
Div yield (avg)%
23.79
26.77
24.18
26.13
24.26
22.78
21.98
19.94
18.06
18.05
23.83
19.94
23.28
69
11.01
Payout ratio%
16.01
16.09
13.16
11.74
8.92
10.43
11.00
9.56
10.03
10.61
11.79
10.43
10.81
52
85.58
Shares (diluted)M
133.9
126.2
131.9
141.6
162.1
165.2
154.3
177.7
173.0
186.1
87.30
2.80%
3.61%
32
11.02
Buyback yield%
6.77
9.39
11.18
12.43
13.28
14.92
12.12
11.34
12.51
13.46
28.68
12.51
12.28
14
0.165
D/E ratiox
0.739
0.789
0.778
0.859
0.907
0.846
0.809
0.831
0.871
0.884
0.752
0.846
0.838
51
109.4
Enterprise value€M
20.99
18.42
17.78
17.79
17.66
15.99
16.58
15.21
14.58
14.47
176.7
(3.90%)
(4.15%)
40
85.77
LT debt€M
91.30
101.6
100.2
109.5
111.5
104.0
98.98
97.54
108.9
105.3
159.6
(1.12%)
0.81%
47
Revenue
€143.3M
8.59%
1.00×
Cost of revenue
€77.38M
8.36%
0.98×
Operating expenses
€25.77M
8.27%
0.97×
Property and equipment
18.11%
Spread over hurdle
(2.97%)