0.674
Revenue€B
0.800
0.857
0.888
0.931
0.994
1.025
1.104
1.138
1.210
1.249
0.728
4.66%
5.21%
69
24.72
Revenue growth%
8.12
5.51
3.64
3.54
2.90
2.27
2.99
3.31
2.51
2.44
20.92
2.51
3.15
78
13.08
Gross margin%
15.96
13.77
11.40
8.99
10.57
9.69
11.65
14.39
15.52
14.60
7.33
14.39
12.71
77
22.38
Operating margin%
19.61
21.23
19.05
16.45
13.88
13.60
11.36
11.34
12.02
9.83
20.58
11.36
13.74
69
11.20
Net margin%
21.91
21.92
22.16
19.89
19.47
18.47
18.72
20.03
22.28
22.86
20.19
20.03
20.97
95
10.81
P/E ratio (avg)x
26.53
27.75
25.62
24.13
22.51
24.05
22.69
24.25
25.16
25.21
9.782
24.25
24.70
59
30.26
EV/EBITx
25.07
27.57
26.96
27.46
27.33
29.56
29.39
30.84
30.56
31.34
10.71
30.56
28.48
27
6.97
FCF yield (avg)%
26.59
26.05
24.59
23.81
21.61
19.75
16.76
18.82
18.16
21.13
22.31
18.82
21.37
16
7.94
FCF margin%
9.60
10.27
9.31
7.19
5.88
4.42
3.94
6.21
4.33
6.87
21.65
4.42
6.54
21
0.761
FCF / Net incomex
1.170
1.199
1.330
1.500
1.432
1.391
1.502
1.728
1.874
1.792
1.405
1.728
1.466
45
21.83
ROIC%
5.53
3.75
3.88
3.19
1.79
1.49
1.70
0.40
2.72
4.39
6.55
1.70
2.95
77
4.79
Return on equity%
15.91
14.57
13.53
12.81
10.70
8.85
6.69
4.91
7.00
9.46
13.57
7.00
10.08
93
10.99
Return on assets%
4.22
4.95
7.60
9.84
10.26
10.31
8.08
8.27
9.38
10.13
9.12
9.38
8.82
58
3.23
EPS€
1.35
1.29
1.22
1.36
1.35
1.31
1.22
1.37
1.45
1.33
3.60
(0.33%)
(0.11%)
—
29.24
EPS growth%
16.98
15.63
17.06
15.59
12.70
15.63
13.49
11.86
8.86
10.81
5.16
11.86
14.54
59
1.40
Bookvalue per sh€
1.89
1.86
2.02
2.35
2.54
2.50
2.49
2.74
2.86
2.90
0.75
2.64%
4.54%
—
1.31
FCF per share€
4.24
3.97
3.50
3.35
3.07
3.32
3.43
3.27
3.31
3.48
4.36
2.54%
(2.07%)
—
3.19
Dividend per sh€
1.85
1.94
1.84
2.01
1.99
2.13
2.28
2.02
2.13
2.29
2.95
2.86%
2.89%
—
9.54
Div yield (avg)%
28.94
30.58
32.13
34.22
35.61
38.57
36.99
35.32
37.46
39.94
7.46
37.46
35.47
50
2.28
Payout ratio%
27.57
25.97
28.10
29.00
26.22
28.04
25.41
27.99
27.10
25.91
11.53
27.10
27.33
8
237.3
Shares (diluted)M
358.0
397.7
461.5
515.1
494.6
512.5
496.6
495.5
520.4
600.4
240.0
3.96%
5.85%
22
17.08
Buyback yield%
31.53
31.66
32.54
32.55
32.63
31.27
30.37
29.23
27.01
28.63
13.35
29.23
31.40
48
0.423
D/E ratiox
2.317
2.299
2.187
2.395
2.695
2.927
3.409
3.944
4.124
4.099
1.057
3.944
2.811
11
0.801
Enterprise value€B
0.522
0.511
0.534
0.587
0.660
0.746
0.799
0.953
1.106
1.156
0.307
11.86%
8.46%
47
1.027
LT debt€B
1.160
1.351
1.563
1.552
1.696
1.652
1.663
1.953
2.080
2.107
0.554
4.44%
6.66%
39
Revenue
€1.249B
5.21%
1.00×
Cost of revenue
€738.5M
5.27%
1.01×
Operating expenses
€278.1M
4.66%
0.95×
Cash and investments
16.41%
Return on capital
122.69%
Spread over hurdle
115.23%