226.1
Revenue€M
190.1
202.7
217.8
233.6
251.0
267.8
285.7
304.2
327.2
359.9
251.4
7.47%
7.38%
54
17.40
Revenue growth%
12.00
13.09
11.47
14.18
11.23
13.97
13.31
15.55
16.93
17.34
3.51
15.55
13.64
64
5.15
Gross margin%
29.42
30.89
29.29
32.03
30.67
32.67
30.12
31.24
29.41
29.69
22.34
30.12
30.39
15
16.04
Operating margin%
2.76
4.02
3.94
4.54
2.01
1.69
4.10
4.71
2.73
0.84
5.82
2.73
3.35
79
16.18
Net margin%
3.25
4.82
4.28
6.11
6.69
7.49
9.14
11.21
12.90
15.06
12.49
11.21
7.09
60
22.94
P/E ratio (avg)x
28.00
30.55
33.41
40.28
45.11
52.13
57.19
56.87
61.86
69.83
6.155
57.19
48.62
19
33.17
EV/EBITx
6.336
6.437
7.286
7.133
6.824
6.784
6.922
6.486
6.398
6.814
9.276
6.784
6.799
38
29.49
FCF yield (avg)%
7.03
5.32
4.97
7.91
5.55
7.60
5.04
7.37
9.46
8.49
26.23
7.60
7.20
73
13.61
FCF margin%
14.82
16.43
15.14
12.41
9.86
11.28
14.25
13.10
11.84
9.10
27.61
11.84
12.76
91
0.486
FCF / Net incomex
0.846
0.823
0.732
0.692
0.763
0.742
0.648
0.620
0.587
0.638
0.101
0.638
0.712
20
10.98
ROIC%
2.91
0.40
1.92
3.19
3.54
3.53
5.47
5.32
7.19
8.45
23.00
5.47
3.54
47
3.77
Return on equity%
24.46
27.33
25.23
23.73
26.21
25.02
22.27
23.78
21.51
21.51
27.14
22.27
24.12
92
27.51
Return on assets%
1.25
0.40
0.40
0.40
2.11
0.40
0.40
2.56
4.12
3.64
23.47
2.56
0.82
90
0.45
EPS€
0.93
0.91
1.05
1.20
1.39
1.42
1.39
1.45
1.66
1.93
0.50
6.73%
9.43%
—
9.88
EPS growth%
19.78
20.36
21.54
23.23
22.45
22.17
21.09
20.57
19.33
17.96
16.04
20.57
20.83
19
1.64
Bookvalue per sh€
2.17
2.45
2.44
2.66
3.14
3.27
3.61
3.55
3.51
3.44
0.41
1.86%
5.37%
—
1.81
FCF per share€
1.49
1.64
1.84
1.84
1.86
2.17
2.12
2.30
2.52
2.95
1.85
9.64%
8.56%
—
0.62
Dividend per sh€
2.80
2.90
3.52
4.25
4.48
4.80
5.82
6.78
6.72
7.57
1.43
11.04%
10.65%
—
18.75
Div yield (avg)%
25.16
24.52
24.33
23.02
23.30
22.36
21.96
18.96
19.54
19.09
26.18
19.54
22.69
37
22.69
Payout ratio%
6.19
9.12
7.45
10.09
9.67
11.92
9.19
6.41
9.25
6.58
10.53
9.19
9.16
88
65.22
Shares (diluted)M
94.45
101.7
98.57
107.5
115.2
127.0
124.8
135.9
156.5
153.7
67.33
5.94%
5.69%
48
26.02
Buyback yield%
29.64
32.39
34.87
37.70
37.01
36.28
36.06
36.10
38.15
41.13
24.91
36.28
36.19
49
0.679
D/E ratiox
1.200
1.189
1.322
1.377
1.378
1.515
1.678
1.807
1.819
2.173
0.359
1.807
1.447
88
247.3
Enterprise value€M
75.83
81.67
72.00
73.46
76.58
65.76
69.71
69.38
65.16
67.27
281.5
(2.56%)
(2.31%)
68
119.0
LT debt€M
312.4
318.5
362.0
356.1
368.2
404.2
441.8
459.0
523.1
561.0
207.1
8.79%
6.97%
57
Revenue
€359.9M
7.38%
1.00×
Cost of revenue
€238.6M
7.12%
0.98×
Operating expenses
€41.76M
8.73%
1.13×
Goodwill & intangibles
16.88%
Spread over hurdle
62.63%