264.3
Revenue€M
180.3
190.3
209.3
223.5
240.4
261.1
279.0
298.6
319.0
351.2
280.4
7.88%
7.53%
26
14.75
Revenue growth%
19.63
19.55
22.33
20.15
19.35
22.18
23.84
23.59
22.49
21.24
4.34
22.49
21.71
46
23.64
Gross margin%
22.39
25.15
22.83
21.33
19.72
19.83
22.60
22.49
24.55
24.05
22.68
22.60
22.55
58
2.34
Operating margin%
34.01
35.53
32.84
34.47
32.23
34.43
31.99
31.92
33.77
34.70
6.88
33.77
33.89
61
13.71
Net margin%
7.25
5.74
7.74
9.42
8.83
6.73
3.88
2.50
5.00
4.33
21.03
4.33
6.23
90
35.06
P/E ratio (avg)x
38.16
37.78
34.19
31.75
35.03
34.44
31.63
33.31
35.60
34.95
34.51
34.44
34.70
44
12.02
EV/EBITx
7.415
6.785
7.280
7.449
7.509
6.662
6.638
6.219
6.690
6.274
25.42
6.638
6.737
37
22.83
FCF yield (avg)%
22.13
22.66
21.16
21.72
19.40
22.06
22.47
25.33
25.26
23.61
8.12
23.61
22.30
86
22.67
FCF margin%
6.93
7.91
6.19
4.86
7.55
8.71
9.46
7.49
8.76
8.10
27.43
8.71
7.73
47
0.663
FCF / Net incomex
0.944
1.020
1.077
1.000
0.910
0.940
0.931
0.953
1.033
1.075
1.055
0.953
0.977
47
16.28
ROIC%
6.21
8.05
10.80
8.59
6.72
7.28
5.99
5.45
6.34
3.89
2.49
5.99
6.53
24
6.15
Return on equity%
9.17
7.20
8.24
10.50
8.79
8.41
10.87
11.52
10.33
9.77
25.84
10.33
9.47
87
10.68
Return on assets%
23.41
22.92
21.38
19.35
20.86
23.85
23.86
23.65
26.30
27.51
11.35
23.86
23.53
26
4.86
EPS€
2.50
2.74
2.56
2.33
2.23
2.21
2.16
2.12
2.11
2.36
5.07
1.12%
(0.55%)
—
18.61
EPS growth%
7.64
9.56
7.46
8.92
11.44
12.67
11.67
12.56
10.10
11.43
14.43
11.67
10.77
39
9.42
Bookvalue per sh€
11.13
10.94
11.93
11.90
12.10
11.80
13.14
12.41
12.11
13.68
3.40
2.49%
2.34%
—
4.94
FCF per share€
5.76
5.41
5.92
6.35
7.10
6.79
6.31
6.15
5.78
6.25
2.01
(2.51%)
(0.27%)
—
3.27
Dividend per sh€
1.98
2.08
2.14
2.40
2.70
3.15
3.54
4.13
4.93
5.45
9.81
15.12%
10.43%
—
7.94
Div yield (avg)%
18.17
19.74
17.75
19.98
19.69
18.55
15.85
13.82
16.08
18.56
10.11
16.08
18.36
38
15.29
Payout ratio%
17.03
16.82
18.31
19.16
16.63
15.62
14.47
16.35
14.42
12.68
2.59
14.47
16.49
52
15.45
Shares (diluted)M
20.89
24.94
26.39
31.43
37.30
38.41
40.86
40.35
44.33
43.54
15.17
3.14%
8.09%
26
8.90
Buyback yield%
13.08
13.95
14.00
16.77
16.15
16.32
16.02
17.27
16.09
16.25
3.05
16.25
16.12
46
1.355
D/E ratiox
1.116
1.018
0.980
0.898
0.846
0.739
0.786
0.700
0.703
0.639
0.677
0.703
0.816
18
252.9
Enterprise value€M
83.49
79.04
84.61
91.90
98.07
98.48
101.5
99.28
108.0
103.1
190.9
1.00%
3.38%
48
94.33
LT debt€M
197.4
182.7
181.0
184.5
183.3
177.2
183.3
206.6
197.8
220.9
245.6
3.81%
1.39%
41
Revenue
€351.2M
7.53%
1.00×
Cost of revenue
€245.8M
7.71%
1.02×
Operating expenses
€68.30M
7.29%
0.98×
Property and equipment
15.31%
Spread over hurdle
(2.59%)