261.6
Revenue€M
149.8
161.7
169.1
180.7
189.5
203.4
216.8
234.1
247.8
263.8
284.5
6.84%
6.58%
79
28.02
Revenue growth%
2.15
2.35
3.83
2.76
1.80
1.41
1.43
0.40
0.40
0.40
6.77
0.40
1.62
80
9.15
Gross margin%
25.60
23.41
21.94
21.39
23.22
25.35
23.54
25.00
26.57
29.12
26.19
25.35
24.27
13
5.40
Operating margin%
30.19
29.58
27.54
27.18
24.54
26.68
24.85
25.83
27.10
26.20
13.80
26.20
26.89
83
18.36
Net margin%
6.05
3.10
4.28
6.86
5.02
2.80
5.46
3.42
1.54
3.40
13.22
3.40
3.85
49
15.11
P/E ratio (avg)x
7.553
7.993
8.464
8.699
9.797
10.80
11.60
11.77
12.56
14.09
15.37
11.77
10.30
21
16.04
EV/EBITx
20.96
23.75
27.11
26.80
26.52
26.77
27.83
27.53
29.13
30.32
8.078
27.83
26.95
40
12.61
FCF yield (avg)%
9.63
11.78
13.17
13.48
11.25
11.67
13.57
16.49
16.55
13.66
24.91
13.66
13.32
95
5.55
FCF margin%
22.98
24.57
25.39
25.61
27.75
28.23
29.42
27.46
30.14
29.12
11.58
29.12
27.61
91
0.263
FCF / Net incomex
0.420
0.483
0.503
0.543
0.601
0.565
0.621
0.588
0.643
0.678
1.654
0.621
0.577
51
26.29
ROIC%
10.86
11.12
9.46
11.66
8.89
7.01
4.64
5.28
7.75
10.64
23.46
7.01
9.18
16
10.27
Return on equity%
13.73
15.24
16.60
17.51
15.76
18.29
20.13
18.54
17.70
20.61
28.07
18.54
17.61
75
9.81
Return on assets%
20.53
21.62
20.32
21.77
23.56
21.22
20.62
18.71
20.04
18.69
11.60
20.04
20.57
23
8.23
EPS€
6.45
6.69
6.77
6.60
7.24
6.88
7.55
8.77
10.27
10.06
9.17
6.80%
5.48%
—
17.60
EPS growth%
5.50
2.97
3.99
3.68
3.80
4.41
5.07
4.45
2.92
5.24
10.69
4.45
4.20
66
7.97
Bookvalue per sh€
8.70
9.51
10.00
10.86
11.43
12.93
13.11
13.53
12.97
13.94
4.84
4.05%
5.78%
—
2.03
FCF per share€
3.35
3.28
3.43
3.29
3.79
3.62
4.08
4.73
5.07
5.79
5.09
8.84%
6.97%
—
3.69
Dividend per sh€
4.75
4.44
4.10
3.58
3.87
3.88
4.04
3.56
3.55
3.10
9.52
(4.34%)
(4.19%)
—
25.68
Div yield (avg)%
3.22
2.57
3.77
4.02
5.37
7.58
7.00
6.92
6.97
4.68
9.26
6.97
5.03
56
11.56
Payout ratio%
23.92
25.58
24.63
23.21
21.14
21.65
19.27
18.95
20.65
21.44
23.12
20.65
21.54
5
7.246
Shares (diluted)M
7.370
7.043
7.229
7.165
7.779
7.611
7.539
7.505
6.735
5.965
7.422
(5.17%)
(2.59%)
71
23.78
Buyback yield%
20.85
22.81
25.34
23.94
21.24
18.86
16.33
18.48
16.60
16.26
15.46
16.60
19.85
95
0.760
D/E ratiox
2.309
2.677
3.049
3.411
3.453
4.027
4.788
4.644
5.047
5.434
0.746
4.788
3.740
64
169.2
Enterprise value€M
59.38
68.33
76.97
87.54
97.56
92.30
92.95
88.28
93.46
90.22
33.84
(1.55%)
4.23%
28
185.6
LT debt€M
202.8
234.6
279.9
285.2
294.1
291.9
307.3
362.8
367.1
356.9
151.4
3.95%
7.61%
25
Revenue
€263.8M
6.58%
1.00×
Cost of revenue
€184.6M
6.58%
1.00×
Operating expenses
€51.03M
6.47%
0.99×
Goodwill & intangibles
22.04%
Cash and investments
13.84%
Spread over hurdle
(3.03%)