0.920
Revenue€B
1.049
1.093
1.118
1.136
1.184
1.199
1.203
1.209
1.247
1.281
0.969
1.58%
1.99%
18
29.04
Revenue growth%
27.93
30.27
30.51
27.81
25.27
24.41
24.14
24.48
23.20
23.10
9.73
24.14
24.88
42
25.09
Gross margin%
8.56
5.76
8.08
8.85
6.27
4.38
4.35
5.95
5.72
3.73
9.93
4.38
5.85
25
28.87
Operating margin%
7.61
6.20
5.39
6.04
4.65
2.26
3.71
4.86
2.51
2.63
15.33
2.63
4.75
58
16.90
Net margin%
13.90
13.92
16.11
15.16
12.71
13.15
15.52
14.62
12.98
13.86
19.50
13.86
13.91
32
23.72
P/E ratio (avg)x
12.52
13.08
13.24
13.29
13.12
14.01
15.41
16.95
17.57
15.89
32.71
15.89
13.65
64
23.90
EV/EBITx
38.56
44.56
47.33
47.20
46.91
53.51
54.32
58.90
61.92
72.55
34.63
58.90
50.42
85
23.94
FCF yield (avg)%
22.89
24.39
22.01
20.08
20.94
22.36
21.57
21.91
24.13
23.84
3.06
22.36
22.19
51
10.84
FCF margin%
26.43
29.22
32.20
29.36
26.71
29.30
30.74
30.36
30.01
29.26
21.37
30.01
29.33
49
0.354
FCF / Net incomex
0.479
0.541
0.524
0.586
0.546
0.581
0.524
0.518
0.473
0.485
0.751
0.518
0.524
93
21.70
ROIC%
0.98
1.57
1.77
3.05
0.40
0.40
0.40
0.40
0.40
0.40
20.71
0.40
0.40
89
27.74
Return on equity%
10.52
11.36
11.25
10.55
8.39
6.64
3.69
2.58
0.40
0.40
18.50
2.58
7.51
11
8.79
Return on assets%
15.29
14.61
12.36
14.16
13.31
15.11
14.23
11.77
10.89
11.52
5.55
11.77
13.73
6
3.19
EPS€
0.57
0.63
0.64
0.59
0.56
0.53
0.47
0.47
0.45
0.47
3.26
(3.51%)
(2.91%)
—
3.98
EPS growth%
2.02
2.60
3.98
1.36
1.70
0.40
0.40
1.23
3.62
2.08
18.93
1.23
1.86
71
3.90
Bookvalue per sh€
1.57
1.65
1.64
1.75
1.68
1.62
1.58
1.59
1.84
2.03
1.19
3.84%
3.01%
—
4.12
FCF per share€
1.87
1.86
1.79
1.77
1.80
1.79
1.71
1.85
1.71
1.57
3.05
(2.66%)
(1.33%)
—
0.81
Dividend per sh€
3.50
3.55
3.49
3.67
3.64
4.35
4.83
5.29
5.92
6.60
1.27
12.60%
8.40%
—
10.55
Div yield (avg)%
13.33
14.13
12.41
10.00
11.62
13.41
14.27
15.59
17.81
20.23
7.85
15.59
13.77
31
13.94
Payout ratio%
9.10
8.30
8.82
9.61
9.46
6.80
9.21
10.14
11.72
10.07
11.34
10.07
9.34
80
169.2
Shares (diluted)M
179.2
194.8
175.3
177.1
157.5
144.6
137.2
124.5
132.1
141.7
174.1
(2.09%)
(2.76%)
43
7.27
Buyback yield%
11.99
10.02
12.80
14.67
15.96
18.37
19.46
20.68
21.00
19.95
3.40
19.95
17.16
70
0.213
D/E ratiox
2.300
2.354
2.377
2.463
2.977
3.015
3.403
3.967
4.001
4.600
1.268
3.967
2.996
74
0.694
Enterprise value€B
1.066
1.207
1.225
1.308
1.304
1.481
1.682
1.848
2.004
2.113
0.165
10.14%
8.14%
51
443.4
LT debt€M
433.8
433.1
422.7
443.7
407.5
441.6
412.6
474.5
475.0
485.7
770.1
3.57%
0.53%
21
Revenue
€1.281B
1.99%
1.00×
Cost of revenue
€754.7M
1.92%
0.99×
Operating expenses
€290.6M
2.52%
1.05×
Cash and investments
17.31%
Spread over hurdle
24.52%