1.262
Revenue€B
1.591
1.708
1.804
1.956
2.058
2.195
2.348
2.470
2.611
2.726
1.374
5.78%
6.04%
40
4.38
Revenue growth%
28.16
28.30
29.38
27.50
27.40
27.18
24.59
21.75
23.39
20.46
15.77
23.39
27.29
68
4.80
Gross margin%
22.38
20.04
21.29
18.45
18.04
17.86
17.15
15.36
17.16
14.76
16.01
17.15
17.95
94
15.34
Operating margin%
24.45
24.72
25.46
23.54
21.87
20.00
20.74
19.69
18.68
21.38
6.50
20.00
21.63
91
29.88
Net margin%
14.66
13.18
12.60
11.49
13.28
14.44
11.76
10.26
9.92
7.80
20.03
10.26
12.18
47
25.52
P/E ratio (avg)x
37.66
39.45
40.35
47.87
52.31
61.94
60.80
70.71
69.14
82.66
26.72
69.14
56.56
63
34.55
EV/EBITx
12.59
11.73
10.81
10.97
11.35
9.942
8.994
9.037
8.897
8.881
20.66
8.994
10.38
42
19.85
FCF yield (avg)%
32.65
33.67
31.16
30.44
31.90
31.47
33.38
34.19
32.65
32.32
24.86
32.65
32.48
62
21.52
FCF margin%
21.17
19.11
18.67
18.21
18.40
20.23
23.22
20.37
18.03
15.04
10.63
20.23
18.89
66
1.731
FCF / Net incomex
1.227
1.208
1.185
1.309
1.388
1.284
1.194
1.344
1.494
1.688
0.964
1.344
1.297
59
19.26
ROIC%
11.11
11.88
10.69
8.93
6.29
6.51
5.82
8.58
8.18
8.42
2.73
8.18
8.50
84
13.62
Return on equity%
0.40
0.40
2.95
3.99
6.80
7.32
8.21
5.45
4.05
7.02
26.35
7.02
4.75
31
26.64
Return on assets%
22.55
24.24
24.13
22.23
20.36
19.22
18.22
17.36
19.11
21.44
27.10
19.11
20.90
77
1.19
EPS€
0.43
0.47
0.50
0.51
0.54
0.60
0.66
0.69
0.71
0.77
1.26
7.09%
5.97%
—
11.77
EPS growth%
16.57
18.43
17.08
15.79
17.81
18.27
18.78
19.11
18.49
15.98
20.69
18.49
18.04
13
1.94
Bookvalue per sh€
1.33
1.29
1.30
1.19
1.11
1.17
1.28
1.45
1.56
1.75
0.96
9.53%
2.06%
—
1.03
FCF per share€
1.56
1.54
1.52
1.66
1.80
1.71
1.93
1.80
1.93
2.15
2.15
3.56%
3.84%
—
1.58
Dividend per sh€
1.76
1.74
1.63
1.65
1.68
1.76
1.86
2.09
2.42
2.46
1.37
7.90%
2.70%
—
27.11
Div yield (avg)%
21.17
20.15
22.24
24.81
26.72
24.13
25.73
27.30
29.17
26.94
15.96
26.94
25.27
28
17.20
Payout ratio%
24.00
22.84
21.88
21.58
19.58
21.29
20.04
20.26
20.51
19.85
21.96
20.26
20.90
56
828.6
Shares (diluted)M
949.9
892.5
917.1
895.4
826.2
786.0
787.9
762.5
726.7
656.0
847.9
(4.51%)
(2.52%)
27
17.45
Buyback yield%
24.58
22.17
24.17
26.74
27.40
26.76
26.79
24.89
26.47
24.18
5.93
26.47
25.68
48
1.613
D/E ratiox
2.034
2.174
2.361
2.569
2.711
2.571
2.434
2.354
2.264
2.227
0.987
2.354
2.357
90
2.268
Enterprise value€B
0.777
0.768
0.818
0.929
0.969
1.024
1.091
1.220
1.168
1.112
1.614
2.80%
3.13%
46
2.088
LT debt€B
1.723
1.932
1.902
1.920
1.812
1.796
1.847
1.846
1.821
1.853
1.781
0.45%
0.27%
53
Revenue
€2.726B
6.04%
1.00×
Cost of revenue
€1.524B
6.00%
1.00×
Operating expenses
€361.7M
6.21%
1.02×
Property and equipment
15.86%
Cash and investments
15.26%
Spread over hurdle
10.87%