4.178
Revenue€M
3.150
3.336
3.524
3.709
3.969
4.153
4.497
4.798
5.125
5.313
4.405
6.01%
5.78%
31
10.42
Revenue growth%
2.66
1.69
2.75
0.40
0.40
0.40
1.91
4.35
6.66
6.35
28.57
4.35
2.29
52
11.32
Gross margin%
13.52
14.52
15.15
13.45
14.12
13.01
13.24
15.96
16.35
16.19
8.48
15.96
14.32
76
22.84
Operating margin%
7.15
8.02
9.85
8.09
9.64
9.51
12.39
10.56
7.96
9.92
16.24
9.92
9.58
43
15.59
Net margin%
11.07
9.24
9.04
10.78
10.16
11.13
14.03
11.05
10.21
8.91
19.67
11.05
10.50
85
30.78
P/E ratio (avg)x
20.29
21.97
19.62
18.64
16.75
17.02
17.12
15.45
14.05
14.80
11.92
15.45
17.07
27
9.778
EV/EBITx
39.63
40.25
41.29
43.34
43.33
43.81
42.55
47.26
55.14
60.66
28.57
47.26
43.33
47
6.32
FCF yield (avg)%
21.52
21.91
23.95
26.11
27.20
27.70
27.41
24.82
24.57
26.52
27.09
26.52
25.46
58
6.45
FCF margin%
4.10
2.89
4.23
7.03
9.17
8.74
6.50
3.51
0.90
0.40
17.30
3.51
4.17
6
0.215
FCF / Net incomex
0.270
0.286
0.289
0.306
0.284
0.294
0.316
0.344
0.336
0.310
0.691
0.316
0.300
23
25.65
ROIC%
17.60
15.27
16.37
18.63
20.03
20.02
21.96
22.52
21.61
23.44
28.51
21.96
20.03
51
24.34
Return on equity%
0.40
1.50
0.40
1.68
0.40
0.40
2.43
1.44
3.49
5.48
25.60
2.43
1.47
65
3.43
Return on assets%
28.18
27.29
25.11
26.59
25.08
26.36
27.15
25.58
26.75
29.53
25.73
26.75
26.67
77
0.47
EPS€
0.59
0.63
0.70
0.81
0.84
0.88
0.90
0.94
1.08
1.12
0.50
5.86%
6.24%
—
15.91
EPS growth%
13.24
12.40
13.97
14.02
11.87
12.47
11.18
11.69
13.28
12.00
7.73
12.00
12.44
66
0.52
Bookvalue per sh€
0.32
0.36
0.36
0.39
0.37
0.37
0.42
0.44
0.48
0.52
0.55
7.13%
4.99%
—
0.27
FCF per share€
0.54
0.60
0.53
0.50
0.45
0.41
0.37
0.36
0.36
0.32
0.17
(6.46%)
(4.64%)
—
0.47
Dividend per sh€
0.43
0.44
0.40
0.41
0.44
0.46
0.50
0.46
0.48
0.51
0.11
2.71%
2.90%
—
28.73
Div yield (avg)%
16.27
17.03
15.38
18.22
18.38
18.29
18.26
17.89
20.50
23.42
26.46
18.29
18.24
92
8.38
Payout ratio%
6.82
7.52
4.71
6.95
4.66
4.27
3.46
3.89
4.03
6.96
20.63
4.03
4.68
38
3.672
Shares (diluted)M
4.879
5.115
5.734
5.416
6.176
6.736
6.298
6.101
6.406
7.276
3.693
3.33%
4.89%
87
16.72
Buyback yield%
14.84
17.12
19.03
17.48
14.57
17.54
17.46
18.98
17.70
16.14
3.16
17.54
17.47
39
0.467
D/E ratiox
0.723
0.768
0.751
0.902
0.966
1.076
1.279
1.306
1.503
1.497
0.336
1.306
1.021
78
1.667
Enterprise value€M
3.005
2.645
2.571
2.337
2.393
2.567
2.235
2.030
1.810
1.961
3.041
(3.90%)
(4.62%)
81
0.830
LT debt€M
4.949
5.366
5.529
5.432
5.697
6.453
6.872
7.189
8.478
9.434
0.489
10.61%
6.33%
43
Revenue
€5.313M
5.78%
1.00×
Cost of revenue
€3.632M
5.78%
1.00×
Operating expenses
€0.855M
5.44%
0.97×
Cash and investments
19.33%
Goodwill & intangibles
12.29%
Spread over hurdle
(3.26%)