372.3
Revenue€M
328.4
343.3
358.6
359.3
360.5
369.5
386.6
386.3
404.8
409.7
387.1
2.59%
2.36%
21
13.13
Revenue growth%
5.19
7.31
7.62
9.04
10.41
10.06
8.66
7.97
7.41
5.79
7.10
7.97
7.79
23
7.18
Gross margin%
8.23
8.49
8.45
11.29
10.66
8.13
5.94
8.33
9.99
10.56
12.43
8.33
8.47
83
20.73
Operating margin%
21.58
22.41
20.44
21.30
21.45
24.23
25.21
23.05
21.58
20.44
14.99
23.05
21.58
90
10.44
Net margin%
19.97
20.10
20.77
23.56
24.08
21.78
24.12
21.16
21.38
19.59
15.63
21.38
21.27
52
6.174
P/E ratio (avg)x
16.64
16.75
14.82
13.39
13.70
14.01
11.82
11.14
11.05
9.423
7.562
11.14
13.55
70
36.16
EV/EBITx
12.90
14.36
13.57
12.53
13.53
15.49
15.47
16.07
14.84
17.05
26.27
15.49
14.60
20
11.07
FCF yield (avg)%
9.62
10.43
10.82
12.59
10.29
9.97
7.45
10.42
13.06
14.73
4.35
10.42
10.43
11
26.49
FCF margin%
12.20
13.08
13.22
14.78
15.91
18.01
19.55
17.62
17.57
17.45
9.00
17.62
16.68
56
1.441
FCF / Net incomex
0.241
0.225
0.236
0.206
0.212
0.209
0.202
0.196
0.201
0.187
1.723
0.201
0.207
43
5.29
ROIC%
6.52
5.48
2.90
2.13
4.63
5.43
4.90
3.80
3.89
2.34
2.80
3.89
4.26
84
17.92
Return on equity%
24.52
21.77
21.07
22.70
23.75
23.66
20.97
20.40
19.67
17.02
18.21
20.40
21.42
18
13.15
Return on assets%
19.28
17.99
17.14
18.07
17.66
17.31
20.21
19.62
21.65
23.13
18.22
20.21
18.67
84
3.74
EPS€
2.25
2.55
2.57
2.51
2.36
2.51
2.71
2.86
3.25
3.56
3.92
8.52%
4.49%
—
23.75
EPS growth%
7.08
9.61
10.05
10.51
10.88
8.46
6.15
6.68
8.04
10.87
9.43
8.04
9.04
73
1.69
Bookvalue per sh€
2.31
2.61
3.14
3.74
4.40
5.18
5.08
5.15
5.72
5.67
1.60
5.20%
9.31%
—
3.64
FCF per share€
2.59
2.91
3.09
3.22
3.56
4.07
4.61
4.84
5.43
5.19
1.67
7.82%
8.48%
—
2.65
Dividend per sh€
3.92
3.86
3.57
3.90
3.94
3.63
3.33
3.17
2.85
2.60
2.87
(7.98%)
(3.75%)
—
8.46
Div yield (avg)%
8.63
8.21
9.78
8.61
5.74
6.71
8.09
5.34
6.08
3.34
16.54
6.08
7.40
22
25.72
Payout ratio%
19.81
19.99
20.28
20.48
18.32
17.25
15.21
17.35
19.17
20.96
25.38
17.35
19.49
68
63.33
Shares (diluted)M
49.85
54.55
52.57
51.97
51.84
46.06
46.69
43.86
37.81
32.69
64.65
(8.81%)
(4.67%)
27
12.89
Buyback yield%
11.97
13.21
10.90
13.49
16.09
17.74
18.81
21.60
22.31
22.62
6.74
21.60
16.92
29
1.160
D/E ratiox
0.945
1.017
1.070
1.165
1.247
1.196
1.103
1.167
1.034
0.935
1.194
1.103
1.086
53
0.068
Enterprise value€B
0.651
0.738
0.845
0.971
1.047
1.229
1.234
1.324
1.416
1.440
0.063
6.57%
8.88%
87
475.6
LT debt€M
342.7
314.9
294.9
303.6
334.8
307.5
271.3
244.4
216.5
239.4
322.2
(6.49%)
(3.88%)
86
Revenue
€409.7M
2.36%
1.00×
Cost of revenue
€192.7M
2.31%
1.00×
Operating expenses
€89.43M
2.13%
0.98×
Spread over hurdle
56.57%