0.327
Revenue€M
1.203
1.276
1.377
1.507
1.592
1.706
1.870
2.006
2.150
2.330
0.349
7.92%
7.49%
87
11.52
Revenue growth%
15.84
14.87
14.24
14.48
16.20
18.24
20.69
22.44
21.85
19.68
11.28
20.69
17.22
37
27.40
Gross margin%
18.61
18.62
18.21
20.16
22.51
24.21
24.93
22.12
20.63
22.25
27.91
22.25
21.37
25
16.64
Operating margin%
26.10
25.11
22.86
20.01
17.47
16.87
19.00
18.12
19.79
20.56
19.03
19.00
19.90
40
12.42
Net margin%
14.08
15.92
17.75
19.89
22.62
23.12
25.65
23.91
23.86
24.95
5.82
23.91
22.87
81
30.53
P/E ratio (avg)x
24.47
23.82
23.07
20.74
20.32
22.27
23.36
23.63
26.16
29.07
25.02
23.63
23.50
21
20.63
EV/EBITx
60.72
73.19
85.02
87.12
102.8
104.3
119.6
122.1
125.5
131.3
34.57
122.1
103.6
93
27.58
FCF yield (avg)%
25.58
23.22
25.70
24.09
26.20
26.66
28.33
30.99
32.08
31.02
6.47
30.99
26.43
51
17.92
FCF margin%
26.80
26.32
25.82
26.77
24.53
21.67
19.09
19.52
20.39
19.23
27.86
19.52
23.10
79
1.363
FCF / Net incomex
1.387
1.226
1.144
1.158
1.045
0.886
0.809
0.847
0.883
0.745
1.047
0.847
0.966
16
24.15
ROIC%
21.67
22.29
22.85
23.21
24.71
24.67
22.60
24.95
23.27
23.58
19.32
23.58
23.24
8
7.13
Return on equity%
28.40
26.24
26.74
23.95
26.61
27.08
28.00
29.37
30.43
29.57
13.99
29.37
27.54
29
10.40
Return on assets%
18.61
21.17
20.81
20.83
18.83
19.28
16.33
14.44
13.29
12.49
16.44
14.44
18.72
50
0.20
EPS€
0.98
0.87
0.75
0.80
0.79
0.74
0.77
0.83
0.87
0.81
0.22
0.43%
(1.15%)
—
20.79
EPS growth%
2.91
0.40
2.45
1.04
1.30
2.65
4.81
6.37
9.25
9.18
24.13
6.37
2.78
53
0.99
Bookvalue per sh€
1.56
1.52
1.78
1.88
1.93
2.22
2.53
2.85
3.15
3.65
1.01
13.60%
10.06%
—
0.37
FCF per share€
0.91
0.89
0.93
0.98
1.02
0.90
0.85
0.83
0.77
0.82
0.51
(4.28%)
(0.50%)
—
0.67
Dividend per sh€
0.24
0.24
0.27
0.28
0.27
0.32
0.33
0.36
0.40
0.47
0.39
11.33%
6.52%
—
25.79
Div yield (avg)%
9.97
10.03
10.29
11.96
14.33
15.71
13.09
15.77
13.92
15.65
15.75
15.65
13.50
52
25.35
Payout ratio%
29.25
30.21
28.53
26.04
28.69
26.52
24.45
22.03
22.94
20.88
29.39
22.94
26.28
79
1.121
Shares (diluted)M
1.316
1.520
1.737
1.733
1.750
2.061
2.113
2.085
2.326
2.787
1.066
9.76%
8.46%
40
22.16
Buyback yield%
12.94
10.71
10.82
8.34
6.46
7.55
7.19
9.76
8.65
9.98
6.17
8.65
9.20
60
1.755
D/E ratiox
0.460
0.467
0.478
0.481
0.465
0.485
0.543
0.510
0.491
0.513
1.399
0.510
0.483
70
1.062
Enterprise value€M
1.718
1.937
1.978
2.188
2.341
2.611
2.765
3.015
3.405
3.750
1.460
9.89%
7.13%
19
1.013
LT debt€M
2.137
2.132
2.246
2.558
2.803
3.009
3.255
3.192
3.494
4.207
1.502
8.46%
8.73%
16
Revenue
€2.330M
7.49%
1.00×
Cost of revenue
€1.257M
7.46%
1.00×
Operating expenses
€0.284M
7.06%
0.96×
Cash and investments
16.29%
Property and equipment
15.31%
Spread over hurdle
64.11%