4.540
Revenue€M
6.043
6.361
6.582
6.891
6.993
7.257
7.622
7.718
8.049
8.148
5.029
3.10%
3.26%
90
15.91
Revenue growth%
17.85
17.03
16.54
14.34
12.33
10.10
9.42
11.64
9.99
9.47
24.87
9.99
11.98
86
7.15
Gross margin%
17.12
14.56
12.90
12.10
11.13
8.80
8.41
5.47
6.38
6.81
13.17
6.81
9.96
29
6.36
Operating margin%
19.69
21.92
22.26
23.14
20.46
18.21
20.01
21.40
22.64
22.41
20.58
21.40
21.66
28
2.19
Net margin%
18.25
18.39
17.18
17.99
19.63
18.52
16.66
14.46
17.17
18.48
2.46
17.17
18.12
37
35.38
P/E ratio (avg)x
35.98
41.57
48.46
46.01
52.87
52.67
55.34
58.37
60.64
59.73
25.32
58.37
52.77
40
15.46
EV/EBITx
35.30
36.46
36.52
42.77
50.58
50.31
51.53
61.12
60.85
70.08
28.11
60.85
50.44
43
27.47
FCF yield (avg)%
6.37
4.59
4.62
7.14
7.44
8.33
9.31
7.41
10.07
10.25
23.41
9.31
7.43
9
2.97
FCF margin%
7.07
9.03
7.97
8.52
8.69
6.42
4.20
2.76
1.41
3.84
8.71
3.84
6.74
45
0.276
FCF / Net incomex
0.494
0.453
0.461
0.414
0.442
0.406
0.419
0.411
0.393
0.348
1.025
0.406
0.417
69
5.93
ROIC%
25.87
23.63
24.13
22.14
22.16
20.81
22.48
20.04
17.66
15.42
25.34
20.04
22.15
67
12.38
Return on equity%
10.46
12.87
10.06
12.26
12.72
10.18
10.53
12.04
13.75
13.28
17.53
12.04
12.15
40
17.66
Return on assets%
13.35
10.66
12.57
13.85
16.83
14.08
12.86
12.34
11.21
13.50
13.86
12.86
13.11
37
0.76
EPS€
1.00
1.11
1.23
1.38
1.25
1.14
1.23
1.23
1.27
1.13
0.82
(2.07%)
1.03%
—
9.35
EPS growth%
1.08
0.40
0.40
0.93
1.54
4.51
5.24
7.92
6.34
6.44
24.89
6.34
3.03
22
0.90
Bookvalue per sh€
1.19
1.29
1.38
1.35
1.31
1.23
1.27
1.21
1.06
1.12
0.94
(3.10%)
(0.28%)
—
0.91
FCF per share€
1.80
1.64
1.55
1.43
1.49
1.39
1.35
1.54
1.46
1.56
1.45
0.85%
(0.46%)
—
1.59
Dividend per sh€
0.41
0.46
0.51
0.51
0.49
0.48
0.46
0.50
0.52
0.54
1.32
2.32%
3.43%
—
24.64
Div yield (avg)%
14.80
17.16
19.74
20.24
17.85
15.49
17.30
17.47
19.43
16.51
5.73
17.30
17.38
71
19.17
Payout ratio%
11.38
11.42
13.35
13.92
11.03
11.74
12.28
13.38
13.62
15.43
25.09
13.38
12.81
82
4.483
Shares (diluted)M
6.027
6.275
7.238
8.569
9.855
9.895
10.53
11.81
11.67
11.78
4.511
3.64%
6.67%
73
6.05
Buyback yield%
8.91
9.32
12.02
13.26
13.69
12.98
14.07
14.25
13.41
11.00
7.46
13.41
13.12
80
0.744
D/E ratiox
2.002
2.130
2.505
2.595
2.596
2.649
3.036
3.269
3.724
4.330
0.361
3.269
2.623
31
5.980
Enterprise value€M
4.552
4.761
4.736
4.187
4.356
4.368
3.952
3.431
3.631
3.455
2.725
(4.52%)
(3.27%)
36
6.027
LT debt€M
2.971
3.530
3.588
4.204
4.180
4.229
4.736
5.511
5.743
5.709
5.152
6.43%
7.32%
68
Revenue
€8.148M
3.26%
1.00×
Cost of revenue
€4.962M
3.24%
1.00×
Operating expenses
€1.919M
3.18%
0.99×
Spread over hurdle
(2.84%)