110.9
Revenue€M
274.8
281.8
287.9
301.9
306.4
312.8
325.7
340.6
348.6
357.9
122.6
3.15%
3.08%
61
17.53
Revenue growth%
10.60
7.70
5.03
3.19
0.52
2.95
0.81
2.71
0.40
0.86
14.65
0.86
2.83
47
29.52
Gross margin%
4.46
4.82
4.42
3.01
1.46
1.22
1.06
1.73
2.15
0.69
2.86
1.22
1.94
13
12.65
Operating margin%
8.57
7.50
10.08
10.01
8.74
10.43
11.19
8.57
8.43
6.10
25.42
8.57
8.66
74
24.43
Net margin%
7.55
6.64
7.32
5.26
6.90
8.68
5.97
4.09
2.86
5.40
13.05
5.40
6.30
26
7.440
P/E ratio (avg)x
40.82
42.89
40.59
41.76
43.29
42.33
44.41
50.57
47.35
50.30
18.62
47.35
43.09
15
6.076
EV/EBITx
28.40
30.81
29.04
25.74
26.18
28.00
27.46
29.20
29.66
30.84
16.72
29.20
28.72
58
15.35
FCF yield (avg)%
25.31
27.16
26.87
27.46
30.43
30.33
28.85
26.76
24.54
25.04
12.62
26.76
27.01
42
23.83
FCF margin%
6.49
4.23
6.68
5.72
6.04
4.91
7.27
4.46
4.59
4.05
9.69
4.59
5.31
22
0.547
FCF / Net incomex
0.548
0.517
0.517
0.514
0.547
0.513
0.476
0.434
0.432
0.473
0.792
0.473
0.513
38
20.07
ROIC%
7.83
8.75
7.55
6.45
7.38
5.64
4.84
7.51
4.82
7.51
27.01
5.64
7.44
8
21.60
Return on equity%
29.85
32.56
30.38
30.64
28.55
31.04
32.34
31.72
32.69
30.19
14.04
31.72
30.84
85
25.78
Return on assets%
20.35
17.54
15.20
12.31
13.26
11.90
10.09
11.25
13.45
13.58
14.54
11.90
13.35
20
24.99
EPS€
4.62
4.83
4.85
4.76
5.39
6.15
5.81
6.04
5.89
5.51
26.81
0.46%
2.95%
—
22.99
EPS growth%
4.29
1.38
0.40
0.40
1.28
0.40
0.92
0.40
0.46
0.40
7.32
0.40
0.43
10
16.35
Bookvalue per sh€
8.63
8.40
8.03
7.49
8.02
8.64
8.18
8.82
9.57
9.68
7.74
3.85%
1.12%
—
17.23
FCF per share€
22.26
25.32
27.87
31.00
34.39
34.15
33.17
32.19
31.63
35.91
19.06
0.87%
5.65%
—
21.13
Dividend per sh€
20.63
22.91
24.25
24.59
27.36
28.34
31.48
33.66
34.50
32.77
7.28
3.68%
5.89%
—
7.58
Div yield (avg)%
32.78
31.65
30.58
30.34
30.01
30.11
29.74
31.47
30.77
29.61
3.91
30.11
30.46
18
25.37
Payout ratio%
9.46
10.62
11.90
13.42
11.39
11.31
10.05
8.86
6.29
8.53
17.41
8.86
10.34
72
9.638
Shares (diluted)M
9.256
8.211
8.546
9.336
9.483
9.917
10.22
10.71
9.881
8.906
9.626
(1.25%)
(0.21%)
64
21.03
Buyback yield%
0.85
3.38
3.32
3.97
3.08
5.17
7.52
8.19
9.28
11.44
25.36
8.19
4.57
74
1.046
D/E ratiox
1.438
1.523
1.625
1.712
1.902
2.158
2.240
2.216
2.579
2.459
0.974
2.240
2.030
19
74.47
Enterprise value€M
191.8
211.8
212.4
256.3
286.5
311.4
377.8
427.8
500.4
520.5
48.80
12.69%
11.98%
35
332.7
LT debt€M
191.6
200.3
181.0
170.4
175.5
160.5
157.3
136.6
127.9
134.0
338.6
(5.25%)
(4.65%)
66
Revenue
€357.9M
3.08%
1.00×
Cost of revenue
€217.8M
2.90%
0.98×
Operating expenses
€88.22M
2.81%
0.97×
Cash and investments
19.10%
Goodwill & intangibles
15.11%
Spread over hurdle
10.73%