373.1
Revenue€M
320.3
333.7
342.3
360.9
381.2
394.3
404.4
422.2
439.5
456.8
391.1
3.68%
4.23%
75
13.62
Revenue growth%
10.94
8.59
9.50
8.36
6.67
5.39
7.58
7.39
10.26
8.53
11.36
7.58
8.44
83
6.99
Gross margin%
23.99
25.88
24.00
25.51
24.70
21.87
20.31
17.53
18.58
17.77
8.76
18.58
22.93
63
4.89
Operating margin%
7.11
8.74
8.79
6.36
8.90
10.93
9.91
7.86
8.08
9.64
18.58
9.64
8.77
28
2.51
Net margin%
18.70
17.51
18.54
19.74
21.56
19.96
18.92
18.23
15.41
15.44
2.42
18.23
18.62
55
35.31
P/E ratio (avg)x
33.75
33.80
35.00
36.16
32.80
35.58
33.78
31.05
34.06
38.18
23.44
34.06
33.93
31
10.28
EV/EBITx
44.49
44.43
49.94
58.54
63.06
72.21
78.43
82.95
96.71
112.5
11.07
82.95
67.64
40
22.65
FCF yield (avg)%
6.85
5.62
5.48
6.75
7.41
6.93
7.24
8.37
11.25
8.47
5.19
8.37
7.09
34
19.63
FCF margin%
19.82
17.68
16.07
13.24
11.55
9.40
10.78
8.89
10.14
7.25
26.92
9.40
11.16
62
0.453
FCF / Net incomex
0.686
0.681
0.643
0.706
0.642
0.627
0.635
0.663
0.658
0.677
1.282
0.658
0.660
73
6.90
ROIC%
5.76
5.50
4.20
3.83
2.84
2.88
1.01
2.49
4.24
6.82
9.43
2.88
4.02
95
12.98
Return on equity%
8.98
8.30
9.67
10.06
10.64
9.49
12.20
10.91
7.97
10.71
9.66
10.71
9.86
49
6.54
Return on assets%
11.47
11.89
9.31
9.78
8.44
5.80
7.21
9.29
10.45
10.97
5.71
9.29
9.55
57
10.65
EPS€
13.01
14.07
15.33
15.91
16.81
17.92
20.56
20.30
19.25
22.53
11.82
6.02%
6.53%
—
7.91
EPS growth%
28.78
29.83
30.58
32.07
32.76
30.73
31.68
30.23
31.90
34.05
28.64
31.68
31.20
46
4.41
Bookvalue per sh€
2.11
2.15
2.29
2.11
2.20
2.48
2.73
3.01
2.90
3.04
4.22
6.67%
2.58%
—
7.08
FCF per share€
2.62
2.82
3.15
3.74
4.25
4.48
4.53
5.39
5.42
6.33
4.78
8.31%
9.71%
—
7.00
Dividend per sh€
6.59
7.41
7.06
7.23
8.04
9.15
10.52
10.16
10.51
11.54
4.50
7.49%
5.73%
—
13.60
Div yield (avg)%
7.07
4.27
5.17
4.30
5.17
7.63
8.54
10.21
11.54
13.45
5.35
10.21
7.35
21
15.58
Payout ratio%
13.06
13.02
10.62
8.81
9.13
6.68
6.00
8.63
9.85
11.90
4.93
8.63
9.49
27
34.97
Shares (diluted)M
40.77
44.72
49.17
54.04
51.73
48.09
46.28
48.33
49.87
54.02
35.08
0.87%
4.07%
90
29.66
Buyback yield%
35.68
37.93
36.27
38.40
39.00
41.80
43.81
44.37
44.72
44.68
18.40
44.37
40.40
88
1.396
D/E ratiox
0.683
0.624
0.661
0.701
0.741
0.734
0.790
0.715
0.700
0.624
0.987
0.715
0.700
21
312.5
Enterprise value€M
390.1
444.4
444.4
443.3
467.0
470.9
520.5
517.4
492.1
553.5
246.6
3.45%
4.92%
11
132.6
LT debt€M
418.0
455.3
441.2
429.4
467.0
501.2
548.7
560.3
638.5
652.7
586.3
6.93%
5.12%
41
Revenue
€456.8M
4.23%
1.00×
Cost of revenue
€280.5M
4.10%
0.99×
Operating expenses
€93.93M
4.66%
1.04×
Spread over hurdle
(2.56%)