417.4
Revenue€M
333.2
341.7
344.3
360.8
371.2
383.5
400.0
404.0
412.6
421.4
436.7
2.57%
2.43%
61
8.90
Revenue growth%
18.06
16.34
18.06
17.44
16.41
13.46
16.17
14.85
14.01
13.62
9.23
14.01
16.26
31
21.84
Gross margin%
16.98
14.62
14.35
12.87
10.59
12.23
13.88
15.30
16.65
13.79
25.87
13.88
14.12
79
23.78
Operating margin%
0.89
0.40
3.02
3.41
4.46
6.67
6.04
4.74
2.57
3.49
24.61
4.74
3.45
17
7.65
Net margin%
18.22
15.29
13.99
11.77
14.51
15.29
13.11
16.10
14.70
14.61
7.05
14.70
14.65
95
17.39
P/E ratio (avg)x
17.92
18.69
17.81
17.95
16.65
17.89
18.04
17.43
16.01
16.73
16.81
17.43
17.85
93
6.045
EV/EBITx
29.74
27.35
27.60
28.21
24.05
20.59
18.34
18.93
17.25
18.55
11.05
18.55
22.32
82
6.40
FCF yield (avg)%
0.40
2.97
2.19
4.77
6.60
8.04
7.43
6.05
4.23
5.42
7.13
6.05
5.09
80
16.11
FCF margin%
14.82
12.82
14.54
15.28
14.66
15.90
16.90
17.00
16.27
17.97
27.46
16.90
15.59
58
0.565
FCF / Net incomex
0.604
0.645
0.662
0.711
0.704
0.755
0.758
0.811
0.786
0.781
1.171
0.781
0.733
28
25.92
ROIC%
26.39
28.09
25.25
23.31
23.36
21.57
19.03
21.17
21.47
19.01
7.30
21.17
22.44
22
21.83
Return on equity%
25.68
23.07
24.90
22.42
24.54
22.12
20.04
21.28
24.00
22.16
10.25
22.12
22.74
66
26.63
Return on assets%
19.69
20.03
18.18
16.83
16.83
18.33
20.88
23.15
24.68
27.41
12.17
23.15
19.86
32
15.70
EPS€
14.48
12.93
13.49
13.22
11.76
11.32
11.31
11.69
12.68
11.62
17.12
(0.24%)
(2.05%)
—
24.43
EPS growth%
22.24
24.31
23.47
20.71
18.21
18.61
17.25
14.50
12.70
12.47
12.64
14.50
18.41
54
21.48
Bookvalue per sh€
14.57
15.21
16.23
16.15
17.38
18.86
18.89
19.58
18.57
18.87
25.07
1.66%
2.70%
—
30.14
FCF per share€
50.29
59.03
68.77
69.23
78.68
76.47
90.02
105.97
123.24
125.57
35.79
9.80%
10.58%
—
17.62
Dividend per sh€
32.79
30.19
30.91
27.60
27.61
26.48
25.79
27.83
30.85
31.13
12.99
2.43%
(0.97%)
—
24.98
Div yield (avg)%
6.39
5.63
7.53
9.62
12.16
12.96
11.69
10.87
11.19
13.52
3.13
11.69
11.03
22
9.75
Payout ratio%
18.85
20.71
23.38
23.69
21.43
24.08
21.38
22.94
25.70
22.93
25.29
22.94
22.94
91
5.401
Shares (diluted)M
4.758
4.145
4.495
4.736
5.172
4.489
3.944
4.239
3.710
3.614
5.143
(6.92%)
(2.29%)
44
28.82
Buyback yield%
28.85
27.76
26.21
24.13
26.56
29.17
28.07
25.88
28.32
26.43
4.97
28.07
27.16
46
1.653
D/E ratiox
0.722
0.788
0.752
0.826
0.824
0.868
0.802
0.834
0.801
0.861
1.489
0.834
0.813
75
0.269
Enterprise value€B
0.723
0.810
0.789
0.808
0.948
0.991
1.028
1.200
1.166
1.363
0.075
7.54%
7.62%
39
0.291
LT debt€B
0.419
0.466
0.525
0.579
0.587
0.671
0.768
0.911
1.070
1.146
0.237
14.32%
12.37%
16
Revenue
€421.4M
2.43%
1.00×
Cost of revenue
€295.0M
2.43%
1.00×
Operating expenses
€88.03M
2.83%
1.04×
Cash and investments
16.51%
Spread over hurdle
(5.32%)