9.755
Revenue€M
128.6
130.8
136.9
142.5
145.6
151.3
156.8
162.2
163.6
165.5
10.62
2.59%
2.99%
27
27.92
Revenue growth%
0.40
0.82
0.40
0.40
0.40
0.40
0.40
3.11
2.48
3.84
8.13
2.48
0.40
5
8.34
Gross margin%
18.94
21.35
18.56
18.29
17.30
17.78
18.57
16.12
17.28
18.20
21.77
17.78
18.25
66
17.54
Operating margin%
6.43
9.25
9.50
6.58
9.12
6.76
7.92
5.62
6.84
8.52
6.86
6.84
7.38
21
21.20
Net margin%
15.50
13.69
15.00
17.25
15.19
15.17
15.40
13.56
12.43
13.88
13.50
13.88
15.08
71
11.84
P/E ratio (avg)x
30.44
32.91
31.04
29.16
30.88
33.74
36.33
34.08
37.02
42.59
10.88
36.33
33.32
34
29.32
EV/EBITx
25.89
27.94
24.57
21.43
20.72
20.02
21.73
21.81
21.35
20.07
13.03
21.35
21.58
73
3.16
FCF yield (avg)%
19.77
20.03
19.12
17.36
18.72
16.85
16.60
17.59
17.76
19.29
25.35
17.59
18.24
59
11.43
FCF margin%
23.47
20.50
17.63
18.63
16.71
18.97
20.45
20.26
22.52
21.10
19.58
20.45
20.36
48
1.189
FCF / Net incomex
0.749
0.853
0.926
1.022
1.032
1.042
0.967
0.901
0.840
0.833
0.770
0.901
0.914
68
27.53
ROIC%
9.19
10.83
13.21
14.29
16.02
16.45
18.27
15.31
15.84
16.90
24.48
16.45
15.57
94
17.24
Return on equity%
12.91
14.86
17.46
14.51
15.65
17.65
16.00
17.53
14.90
16.18
12.23
16.18
15.83
32
4.61
Return on assets%
14.67
12.52
14.12
12.55
12.93
14.50
16.89
18.65
20.03
18.37
23.22
18.37
14.59
46
0.92
EPS€
5.27
5.22
5.10
5.86
6.64
7.55
8.69
9.57
10.26
10.09
0.94
8.72%
7.17%
—
8.15
EPS growth%
25.61
27.89
29.67
31.06
28.07
25.77
26.99
25.14
27.09
28.75
8.90
26.99
27.49
87
3.69
Bookvalue per sh€
4.34
4.61
4.49
4.44
4.29
4.48
4.71
4.75
4.40
4.31
1.44
0.09%
(0.63%)
—
2.96
FCF per share€
2.54
2.35
2.48
2.54
2.48
2.21
2.30
2.06
2.20
2.17
0.97
(2.64%)
(2.23%)
—
4.62
Dividend per sh€
2.11
2.19
2.34
2.61
2.72
2.75
3.06
3.46
3.48
3.72
2.82
6.47%
6.28%
—
5.73
Div yield (avg)%
34.77
35.37
34.11
35.83
38.51
40.21
37.59
38.40
39.96
41.63
29.20
39.96
37.99
31
24.47
Payout ratio%
29.22
31.57
32.38
30.02
31.06
30.43
28.23
26.50
25.50
28.01
29.00
28.01
29.62
40
14.40
Shares (diluted)M
11.55
10.70
9.992
10.68
10.41
10.09
9.403
10.01
8.937
9.405
14.54
(2.01%)
(2.78%)
26
7.29
Buyback yield%
14.91
13.10
13.61
12.05
12.55
15.13
12.33
13.71
14.54
15.65
4.69
14.54
13.66
55
0.198
D/E ratiox
2.367
2.301
2.298
2.595
2.518
2.689
3.205
3.309
3.890
4.566
0.275
3.309
2.642
57
47.03
Enterprise value€M
65.89
75.65
75.37
74.28
68.65
71.92
82.43
89.45
87.91
87.79
17.33
5.04%
3.24%
70
82.24
LT debt€M
109.0
119.5
124.0
130.2
138.7
151.0
140.4
138.5
150.8
169.0
46.39
4.02%
4.23%
62
Revenue
€165.5M
2.99%
1.00×
Cost of revenue
€89.76M
3.15%
1.01×
Operating expenses
€40.26M
2.93%
0.99×
Goodwill & intangibles
18.10%
Cash and investments
15.33%
Spread over hurdle
77.17%