0.174
Revenue€B
2.032
2.145
2.287
2.436
2.577
2.750
2.891
3.090
3.264
3.513
0.183
6.39%
6.31%
55
28.16
Revenue growth%
11.38
9.93
9.56
9.81
9.75
11.64
11.79
11.15
11.06
13.64
19.17
11.64
11.11
50
2.22
Gross margin%
31.07
32.91
34.59
33.78
33.14
32.85
35.58
37.27
39.99
40.29
16.56
37.27
34.19
31
10.93
Operating margin%
9.25
10.49
11.81
10.20
8.66
10.49
10.40
9.85
7.78
5.30
27.46
9.85
10.03
37
2.46
Net margin%
4.45
6.69
6.81
4.81
3.92
4.52
3.83
3.13
6.02
8.32
19.61
4.52
4.66
74
21.70
P/E ratio (avg)x
45.10
51.67
50.01
47.73
51.18
57.97
57.90
66.61
70.28
78.87
10.04
66.61
54.79
61
18.58
EV/EBITx
9.895
9.540
9.827
9.438
9.772
11.43
11.37
11.49
12.05
11.87
34.32
11.49
10.63
68
28.87
FCF yield (avg)%
31.67
30.69
27.87
29.06
27.26
27.94
28.57
30.39
30.89
32.46
26.17
30.39
29.73
40
29.64
FCF margin%
6.57
5.91
8.89
6.97
5.19
3.81
4.76
6.05
5.32
5.26
13.77
5.26
5.62
36
0.925
FCF / Net incomex
1.326
1.285
1.336
1.402
1.398
1.348
1.338
1.332
1.585
1.861
0.174
1.348
1.343
7
20.17
ROIC%
13.70
11.39
12.53
12.93
15.17
16.70
18.21
17.42
16.27
16.57
7.28
16.70
15.72
78
12.48
Return on equity%
23.20
21.51
20.50
18.20
18.51
21.35
21.56
23.36
21.66
20.33
16.68
21.56
21.43
66
27.62
Return on assets%
4.15
3.50
3.66
3.83
3.50
2.24
1.93
3.82
3.78
5.26
20.52
3.78
3.72
58
5.60
EPS€
2.95
3.18
3.50
3.49
3.88
4.25
4.31
4.80
4.34
4.36
5.80
2.37%
4.13%
—
7.65
EPS growth%
2.77
3.69
1.17
2.56
5.42
3.93
4.92
4.05
1.35
2.06
23.56
3.93
3.23
56
4.25
Bookvalue per sh€
7.35
7.33
8.50
8.80
9.15
9.70
10.01
11.71
11.72
13.62
4.04
8.29%
6.31%
—
1.75
FCF per share€
2.82
3.38
3.47
3.55
3.94
4.26
4.42
4.88
4.70
4.64
2.10
3.31%
4.91%
—
1.75
Dividend per sh€
1.76
1.72
1.70
1.71
1.85
1.93
1.80
1.70
1.56
1.53
3.34
(3.70%)
(1.93%)
—
14.89
Div yield (avg)%
21.07
20.20
22.82
20.29
17.87
20.71
19.12
17.94
19.84
16.85
14.49
19.12
20.02
68
5.89
Payout ratio%
7.22
9.08
9.36
6.59
5.19
3.42
6.22
5.58
4.77
5.77
6.00
5.58
6.00
41
411.1
Shares (diluted)M
399.9
379.3
399.6
438.5
389.1
395.9
353.9
373.0
353.4
320.0
417.7
(3.83%)
(2.59%)
50
6.99
Buyback yield%
14.92
15.67
17.77
19.43
17.49
15.21
15.82
12.88
11.62
14.28
20.05
14.28
15.44
92
1.188
D/E ratiox
0.251
0.265
0.245
0.264
0.281
0.287
0.289
0.308
0.309
0.319
0.866
0.308
0.284
79
1.460
Enterprise value€B
2.803
2.921
3.247
3.411
3.661
3.605
3.837
4.139
4.419
4.459
2.240
4.03%
6.11%
18
1,735
LT debt€M
476.0
493.9
452.5
403.3
441.5
416.4
380.6
387.7
406.0
399.9
877.4
(1.96%)
(1.20%)
62
Revenue
€3.513B
6.31%
1.00×
Cost of revenue
€2.020B
6.05%
0.98×
Operating expenses
€668.1M
6.53%
1.02×
Cash and investments
16.33%
Spread over hurdle
13.69%