2.898
Revenue€M
5.063
5.511
5.776
6.127
6.530
6.879
7.290
7.959
8.516
9.182
3.091
7.06%
6.68%
76
26.55
Revenue growth%
24.78
23.13
20.56
18.91
18.40
16.38
14.88
14.30
14.54
12.70
20.46
14.54
17.39
64
12.51
Gross margin%
13.66
16.57
16.59
19.00
19.01
18.23
19.92
18.33
17.28
20.11
16.05
18.33
18.28
59
21.73
Operating margin%
27.65
25.95
25.64
25.08
22.25
22.19
19.22
20.67
20.90
21.22
6.86
20.90
22.22
67
8.06
Net margin%
20.22
19.52
16.79
14.98
13.46
14.21
12.63
10.70
8.20
7.84
4.48
10.70
13.83
6
18.09
P/E ratio (avg)x
29.21
31.12
32.21
29.83
32.66
33.90
38.16
38.89
37.42
40.62
22.67
38.16
33.28
50
22.80
EV/EBITx
18.14
18.84
18.90
20.21
22.99
24.41
26.59
31.73
37.03
44.05
25.12
31.73
23.70
41
24.42
FCF yield (avg)%
24.49
22.92
20.05
19.31
16.37
17.36
17.40
15.23
14.51
15.11
12.02
15.23
17.38
20
23.27
FCF margin%
0.40
0.40
0.40
3.00
2.68
4.12
6.94
4.41
7.07
7.07
14.74
6.94
3.56
59
0.122
FCF / Net incomex
1.686
1.661
1.759
2.036
2.019
1.932
2.280
2.213
2.208
2.437
0.445
2.213
2.028
11
23.35
ROIC%
7.62
7.65
9.49
10.45
10.98
10.24
7.31
6.20
6.17
3.51
15.62
6.20
7.64
10
17.87
Return on equity%
23.61
24.63
26.86
24.82
25.50
27.22
30.15
32.15
33.89
32.08
14.91
32.08
27.04
27
13.25
Return on assets%
16.80
17.77
15.84
15.50
14.30
11.50
9.17
7.20
9.84
11.14
5.43
9.84
12.90
21
0.35
EPS€
0.17
0.15
0.16
0.16
0.14
0.13
0.13
0.12
0.11
0.10
0.38
(6.87%)
(6.38%)
—
23.79
EPS growth%
12.80
13.45
16.30
14.72
14.21
13.55
15.98
18.42
17.75
18.21
23.97
17.75
15.35
9
0.38
Bookvalue per sh€
0.34
0.37
0.39
0.40
0.40
0.41
0.47
0.53
0.61
0.59
0.06
8.08%
5.29%
—
0.11
FCF per share€
0.34
0.31
0.34
0.37
0.37
0.34
0.31
0.34
0.30
0.32
0.26
(2.85%)
0.30%
—
0.22
Dividend per sh€
0.47
0.53
0.60
0.64
0.60
0.57
0.55
0.53
0.54
0.55
0.31
(1.58%)
2.35%
—
4.69
Div yield (avg)%
17.88
16.05
13.91
12.46
12.61
13.26
12.08
11.20
9.14
7.85
11.18
11.20
12.54
7
13.52
Payout ratio%
20.97
21.08
20.76
20.13
22.55
20.55
18.51
19.48
17.85
17.00
19.61
18.51
20.34
30
24.70
Shares (diluted)M
40.53
46.49
45.87
45.96
51.88
56.47
65.00
63.89
71.24
79.36
24.54
8.87%
8.78%
31
10.99
Buyback yield%
22.25
23.91
26.31
26.12
28.77
28.79
27.23
27.07
26.96
25.42
16.92
27.07
26.64
84
1.662
D/E ratiox
0.485
0.438
0.386
0.359
0.321
0.339
0.359
0.335
0.292
0.257
1.529
0.335
0.349
46
11.38
Enterprise value€M
4.804
5.409
5.134
5.051
5.165
5.083
4.930
4.832
5.545
5.821
11.36
2.42%
3.12%
92
2.699
LT debt€M
9.698
9.736
10.39
10.67
12.10
11.90
11.04
10.22
10.84
12.09
6.895
(0.01%)
3.02%
93
Revenue
€9.182M
6.68%
1.00×
Cost of revenue
€5.603M
6.51%
0.98×
Operating expenses
€1.981M
7.24%
1.05×
Spread over hurdle
(3.51%)