0.474
Revenue€B
0.758
0.822
0.871
0.906
0.962
0.995
1.035
1.095
1.183
1.249
0.496
5.35%
5.65%
81
10.54
Revenue growth%
33.88
34.53
34.99
35.94
36.19
38.01
37.31
37.30
39.43
40.47
25.72
38.01
36.75
31
21.31
Gross margin%
23.27
23.57
21.87
23.27
26.04
24.72
27.64
26.53
24.69
22.61
25.00
24.72
24.13
34
3.90
Operating margin%
13.14
11.95
10.67
10.08
12.50
10.31
11.42
11.34
14.11
16.16
2.12
11.42
11.68
11
25.78
Net margin%
26.91
26.63
23.81
24.23
24.81
25.73
26.24
24.77
25.12
23.01
23.50
25.12
24.96
87
36.78
P/E ratio (avg)x
28.02
31.10
29.71
30.07
29.10
27.11
30.10
31.48
33.96
37.40
6.025
31.48
30.08
8
22.22
EV/EBITx
30.93
32.33
33.90
36.77
38.02
40.32
41.73
43.71
49.80
48.94
19.78
43.71
39.17
59
15.17
FCF yield (avg)%
25.26
24.60
27.54
25.66
28.04
27.15
28.56
25.94
27.33
29.28
17.98
27.33
27.24
76
3.82
FCF margin%
27.21
24.91
27.61
28.22
30.73
29.21
28.11
26.05
29.01
26.51
6.91
28.11
27.86
8
0.868
FCF / Net incomex
1.126
1.218
1.314
1.399
1.535
1.392
1.261
1.283
1.344
1.394
0.193
1.344
1.329
82
27.72
ROIC%
6.90
8.79
8.16
6.70
8.01
9.20
7.86
10.48
12.23
11.38
24.34
10.48
8.48
55
13.64
Return on equity%
19.08
20.15
21.02
21.07
19.37
18.60
17.04
16.45
16.32
15.91
19.25
16.45
18.84
36
7.13
Return on assets%
17.49
18.87
21.82
21.10
20.06
17.86
15.71
15.79
16.84
17.43
23.58
16.84
17.68
61
4.40
EPS€
5.07
4.97
4.80
4.51
4.12
4.08
4.19
4.15
4.37
4.94
4.59
3.70%
(0.13%)
—
25.79
EPS growth%
13.01
13.02
13.77
11.61
13.15
15.23
14.70
13.30
15.18
12.29
19.12
14.70
13.23
26
1.79
Bookvalue per sh€
5.74
5.27
5.20
5.12
5.25
4.90
4.46
4.82
4.39
4.43
7.02
(3.32%)
(2.41%)
—
3.96
FCF per share€
2.79
3.10
3.12
2.93
2.99
2.98
3.29
3.34
3.58
3.55
3.49
3.47%
2.68%
—
1.99
Dividend per sh€
3.38
3.44
3.74
3.56
3.44
3.28
3.48
3.59
3.27
2.83
1.23
(3.82%)
(1.92%)
—
4.86
Div yield (avg)%
17.93
20.67
18.24
16.02
16.80
18.30
15.67
14.18
16.81
16.41
17.98
16.41
16.81
71
16.20
Payout ratio%
7.45
5.18
7.83
10.73
13.61
15.03
15.72
13.11
12.98
13.96
11.92
13.96
13.05
67
56.25
Shares (diluted)M
62.78
64.73
67.18
62.03
56.93
64.96
73.48
80.93
73.81
77.79
53.90
6.44%
1.29%
12
11.02
Buyback yield%
4.89
3.24
1.44
0.79
0.40
2.04
3.16
5.76
4.47
4.24
8.73
4.24
3.20
49
1.081
D/E ratiox
1.555
1.665
1.676
1.653
1.529
1.542
1.604
1.521
1.333
1.223
1.350
1.521
1.548
11
0.153
Enterprise value€B
1.061
1.072
1.251
1.476
1.746
1.990
1.926
2.171
2.212
2.572
0.253
8.05%
8.74%
83
0.192
LT debt€B
0.963
0.955
0.930
1.012
0.947
1.030
1.009
1.087
1.166
1.266
0.652
5.97%
2.47%
79
Revenue
€1.249B
5.65%
1.00×
Cost of revenue
€609.7M
5.50%
0.99×
Operating expenses
€273.7M
5.86%
1.02×
Cash and investments
15.26%
Spread over hurdle
15.35%