45.01
Revenue€M
97.87
102.8
110.4
116.9
122.5
129.7
135.0
142.7
149.8
160.7
49.56
5.58%
5.71%
64
7.89
Revenue growth%
19.23
20.02
21.65
20.91
17.94
17.59
15.18
13.71
16.55
14.33
21.74
15.18
17.77
60
11.00
Gross margin%
18.00
15.65
16.25
16.51
19.07
16.44
16.84
16.12
16.40
16.56
15.79
16.44
16.47
55
6.65
Operating margin%
10.73
13.72
14.54
14.72
17.28
15.72
15.05
12.71
13.47
15.97
14.97
15.05
14.63
25
18.68
Net margin%
18.00
20.43
21.93
20.35
21.91
19.67
21.15
21.27
21.89
18.91
24.28
21.15
20.79
28
8.646
P/E ratio (avg)x
15.48
14.71
16.59
16.14
15.91
14.89
15.08
14.53
14.23
15.31
36.85
14.89
15.19
18
29.19
EV/EBITx
29.96
31.18
29.81
31.68
35.42
33.68
32.31
30.74
29.48
33.48
11.91
32.31
31.43
60
6.73
FCF yield (avg)%
25.73
23.34
21.34
20.50
19.33
19.63
19.74
18.73
17.51
16.56
11.37
18.73
19.68
71
15.22
FCF margin%
24.65
25.83
24.50
25.28
26.60
24.33
22.55
22.12
24.89
26.57
11.00
24.33
24.77
32
0.251
FCF / Net incomex
0.624
0.747
0.819
0.931
1.035
1.260
1.416
1.539
1.577
1.641
0.410
1.539
1.147
50
16.34
ROIC%
28.35
30.77
30.30
28.14
27.58
25.62
25.23
24.69
23.35
23.91
14.86
24.69
26.60
74
19.40
Return on equity%
12.14
13.92
11.52
9.54
7.27
6.88
4.70
2.56
4.06
3.68
9.60
4.06
7.07
27
8.44
Return on assets%
26.57
24.46
22.55
21.81
23.56
21.15
23.48
26.28
27.86
29.30
3.91
26.28
24.01
8
1.62
EPS€
0.97
1.06
1.14
1.17
1.37
1.54
1.61
1.87
2.20
2.45
1.67
12.33%
9.53%
—
6.98
EPS growth%
4.01
5.11
6.15
6.07
5.76
3.07
0.40
0.40
0.40
0.51
12.75
0.40
3.54
55
2.36
Bookvalue per sh€
2.63
3.05
3.69
4.08
4.16
4.24
4.19
5.05
5.53
6.20
1.61
8.31%
9.44%
—
0.53
FCF per share€
1.62
1.40
1.40
1.28
1.21
1.32
1.18
1.15
0.99
1.05
1.00
(2.81%)
(5.30%)
—
1.41
Dividend per sh€
2.03
2.03
1.89
2.08
2.05
2.09
1.91
1.84
2.11
2.18
0.63
1.26%
0.63%
—
27.55
Div yield (avg)%
24.76
24.64
25.59
24.93
24.94
26.07
27.98
28.16
27.41
26.30
29.86
27.41
25.83
17
23.13
Payout ratio%
18.93
19.82
18.96
16.51
16.06
14.47
13.71
13.55
11.29
11.61
22.26
13.55
15.27
31
26.97
Shares (diluted)M
34.46
31.94
31.01
28.68
29.16
30.00
27.49
28.05
24.79
25.85
26.83
(2.38%)
(2.19%)
33
3.67
Buyback yield%
4.07
5.78
5.69
5.53
7.62
6.88
9.27
8.19
5.72
4.50
16.72
6.88
5.75
68
1.761
D/E ratiox
0.626
0.707
0.746
0.831
0.844
0.925
0.936
0.937
1.137
1.115
1.383
0.937
0.885
84
71.00
Enterprise value€M
81.53
85.48
89.82
86.36
88.34
87.42
100.3
110.2
106.4
121.7
108.3
6.61%
4.13%
45
106.2
LT debt€M
92.01
86.30
88.12
95.45
86.54
93.84
98.12
88.06
85.44
85.26
87.58
(0.30%)
(0.65%)
20
Revenue
€160.7M
5.71%
1.00×
Cost of revenue
€84.90M
5.78%
1.01×
Operating expenses
€26.39M
6.66%
1.09×
Goodwill & intangibles
17.54%
Spread over hurdle
11.50%