5.089
Revenue€M
4.643
4.850
5.098
5.508
5.945
6.210
6.454
6.692
7.052
7.323
5.528
4.26%
5.05%
43
18.47
Revenue growth%
30.58
30.47
29.93
30.76
31.33
29.02
30.23
32.66
31.24
32.43
29.17
31.24
30.67
12
14.51
Gross margin%
31.19
30.99
30.69
30.43
30.44
32.67
30.36
27.77
28.16
26.94
2.64
28.16
30.44
68
11.60
Operating margin%
28.50
29.24
26.76
26.18
27.12
25.38
23.47
21.15
21.42
18.54
7.17
21.42
25.78
48
10.80
Net margin%
23.27
25.38
28.27
27.82
25.26
22.65
21.38
20.07
20.46
21.60
14.85
21.38
22.96
92
25.04
P/E ratio (avg)x
26.02
28.04
30.64
30.56
28.73
28.91
30.25
29.35
32.66
29.29
15.86
29.35
29.32
79
16.62
EV/EBITx
12.87
11.75
10.81
11.61
10.63
9.103
8.093
7.670
6.500
6.708
33.38
7.670
9.866
85
21.42
FCF yield (avg)%
20.85
19.21
21.14
20.76
20.44
17.99
19.10
20.17
20.61
19.89
28.42
19.89
20.30
81
18.10
FCF margin%
10.01
9.17
6.94
6.27
7.67
9.55
11.10
11.63
9.56
8.05
6.16
9.56
9.36
18
1.630
FCF / Net incomex
0.907
0.965
1.090
1.136
1.124
1.241
1.229
1.430
1.526
1.712
1.584
1.430
1.182
50
27.82
ROIC%
29.49
32.21
31.85
32.67
30.84
32.50
34.67
36.51
35.79
35.38
4.40
35.38
32.59
79
10.31
Return on equity%
29.01
29.50
29.52
26.62
27.94
27.42
27.26
29.40
31.30
31.16
7.92
29.40
29.21
17
23.04
Return on assets%
12.07
9.14
9.26
10.06
9.21
9.54
10.89
8.94
11.12
11.17
22.41
10.89
9.80
56
0.12
EPS€
0.18
0.16
0.15
0.15
0.15
0.15
0.16
0.15
0.14
0.15
0.12
(0.16%)
(1.88%)
—
27.69
EPS growth%
21.48
19.99
19.23
21.86
19.81
21.98
23.79
23.80
21.44
19.88
19.21
21.98
21.46
54
0.19
Bookvalue per sh€
0.32
0.31
0.30
0.27
0.25
0.25
0.26
0.27
0.25
0.24
0.25
(0.92%)
(2.94%)
—
0.14
FCF per share€
0.30
0.32
0.29
0.30
0.34
0.31
0.31
0.28
0.30
0.32
0.24
(1.28%)
(0.03%)
—
0.12
Dividend per sh€
0.27
0.30
0.31
0.32
0.34
0.37
0.41
0.40
0.42
0.44
0.25
5.15%
5.19%
—
19.50
Div yield (avg)%
5.12
3.27
3.43
2.98
4.53
2.56
5.43
7.77
7.95
6.25
2.95
6.25
4.83
23
21.65
Payout ratio%
18.57
20.04
21.98
21.95
21.30
21.29
19.96
22.23
20.54
20.17
17.46
20.54
20.92
62
30.21
Shares (diluted)M
52.45
56.20
63.49
68.85
66.32
64.69
73.31
74.05
87.36
95.90
30.26
7.66%
7.39%
63
23.73
Buyback yield%
9.32
10.08
10.89
12.40
12.24
13.88
14.72
15.37
17.76
18.47
22.21
15.37
13.14
51
0.417
D/E ratiox
0.641
0.622
0.615
0.677
0.678
0.806
0.813
0.917
1.007
1.027
1.378
0.917
0.742
61
4.288
Enterprise value€M
1.815
1.747
1.953
1.976
2.070
2.171
2.336
2.471
2.902
3.110
3.126
8.48%
5.76%
40
2.072
LT debt€M
0.848
0.917
1.019
1.009
1.094
1.132
1.223
1.381
1.525
1.742
2.783
9.74%
9.04%
8
Revenue
€7.323M
5.05%
1.00×
Cost of revenue
€4.318M
4.75%
0.97×
Operating expenses
€1.387M
5.52%
1.05×
Cash and investments
18.90%
Property and equipment
16.12%
Spread over hurdle
31.37%