522.0
Revenue€M
448.2
473.8
490.2
526.6
559.2
583.2
598.2
632.3
650.5
696.6
568.0
4.49%
5.26%
14
6.38
Revenue growth%
27.88
30.29
29.26
30.85
29.00
31.10
33.85
33.24
31.23
33.87
9.24
33.24
30.97
5
21.86
Gross margin%
12.19
11.28
13.27
14.81
17.02
18.19
18.84
21.66
24.66
22.81
27.23
21.66
17.60
13
28.18
Operating margin%
3.32
2.71
4.08
3.04
5.71
6.88
3.89
5.71
8.60
11.40
12.57
6.88
4.89
33
22.19
Net margin%
11.44
12.40
10.95
13.29
13.99
13.57
14.73
17.08
14.37
16.68
27.15
14.73
13.78
6
29.14
P/E ratio (avg)x
20.51
18.14
16.09
16.62
14.80
15.13
15.44
16.15
14.59
13.46
21.75
15.13
15.76
40
31.74
EV/EBITx
7.147
8.210
8.331
8.833
10.36
10.99
12.27
13.23
15.09
17.31
32.59
13.23
10.67
13
24.69
FCF yield (avg)%
16.92
18.91
18.48
21.07
20.97
23.27
25.25
26.07
28.22
27.23
10.70
26.07
22.17
74
14.85
FCF margin%
21.81
23.10
24.62
24.78
24.63
24.14
22.33
22.74
25.71
25.56
13.28
24.14
24.38
15
1.257
FCF / Net incomex
1.584
1.825
1.865
1.828
2.052
2.059
2.204
2.143
2.220
2.182
0.637
2.182
2.055
32
11.09
ROIC%
11.86
13.67
13.63
16.12
19.08
18.61
16.75
14.34
12.27
10.04
26.19
14.34
14.01
16
29.60
Return on equity%
18.51
19.30
17.40
16.28
18.95
19.47
20.79
22.95
24.43
27.32
23.95
22.95
19.38
38
28.47
Return on assets%
11.20
8.56
6.92
4.14
6.57
9.51
8.67
5.77
5.93
6.23
22.73
6.23
6.75
58
1.13
EPS€
5.91
5.63
6.11
6.30
6.22
6.76
6.98
8.07
7.73
7.77
1.22
4.55%
2.76%
—
22.48
EPS growth%
22.98
23.54
20.63
22.69
24.52
26.02
24.05
23.25
24.20
23.09
21.00
24.05
23.39
25
2.64
Bookvalue per sh€
4.00
4.56
5.00
5.37
5.12
5.52
6.20
6.87
7.67
7.43
5.74
7.72%
5.66%
—
1.14
FCF per share€
4.66
4.34
4.10
4.16
3.88
4.22
4.02
3.97
4.31
4.43
5.32
2.72%
(1.02%)
—
4.60
Dividend per sh€
1.65
1.54
1.61
1.46
1.43
1.34
1.39
1.39
1.34
1.23
1.52
(2.94%)
(2.81%)
—
23.59
Div yield (avg)%
12.12
14.57
15.26
12.47
15.10
17.78
15.10
12.27
10.84
9.31
7.69
12.27
13.52
59
13.42
Payout ratio%
23.59
22.53
22.31
19.35
20.19
17.48
20.34
22.06
22.90
19.91
3.04
20.34
21.20
81
146.6
Shares (diluted)M
233.3
250.7
278.7
299.6
316.8
341.0
338.7
359.6
387.3
446.3
154.8
7.09%
6.98%
65
9.48
Buyback yield%
8.14
10.94
8.61
7.79
10.73
11.45
9.45
11.93
10.44
8.49
2.33
10.44
9.94
43
1.707
D/E ratiox
1.081
1.076
1.052
1.210
1.215
1.418
1.558
1.662
1.717
1.953
0.107
1.662
1.317
36
193.8
Enterprise value€M
594.6
533.9
571.7
611.9
648.4
619.5
539.1
518.5
522.3
475.9
396.9
(6.00%)
(2.37%)
94
820.8
LT debt€M
146.2
149.5
167.1
166.3
170.8
182.0
169.0
156.6
142.6
145.4
335.1
(3.17%)
0.78%
89
Revenue
€696.6M
5.26%
1.00×
Cost of revenue
€487.6M
5.26%
1.00×
Operating expenses
€113.9M
4.73%
0.95×
Goodwill & intangibles
15.89%
Property and equipment
15.55%
Spread over hurdle
(2.79%)