| Market Cap | €767.5M | |
| Enterprise Value | — | |
| Revenue | €254.7M | +32.0% |
| Gross Profit | — | — |
| EBITDA | €205.2M | +43.1% |
| Net Income | €140.2M | +36.1% |
| Diluted EPS | €1.90 | −1.6% |
| Free Cash Flow | €528.8M | +136.6% |
| DPS (FY2024) | €0.44 |
| Trailing yield | 4.23% |
| Payout ratio | 23.1% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20242024-12-31 | €0.44 | — | reported |
| Ratio | 2022 | 2023 | 2024 | Trend · 3y | vs own | vs sector |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Operating Margin | 56.56% | 70.49% | 77.28% | 83% | 99% | |
| EBITDA Margin | 62.75% | 74.28% | 80.55% | 83% | 90% | |
| NOPAT Margin | 49.89% | 57.66% | 61.35% | 83% | 87% | |
| Net Margin | 44.08% | 53.39% | 55.05% | 83% | 95% | |
| FCF Margin | 88.73% | 115.80% | 207.58% | 83% | 98% | |
| FCFF Margin | 92.64% | 128.90% | 227.46% | 83% | 97% | |
| OCF Margin | 90.50% | 116.57% | 208.28% | 83% | 98% | |
| Capex Intensity | 1.77% | 0.77% | 0.69% | 17% | 25% | |
| ▸Returns on Capital · 2 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||
| ▸Earnings quality · 6 ratios | ||||||
| ▸Liquidity & coverage · 3 ratios | ||||||
| ▸Leverage · 2 ratios | ||||||
| ▸Capital allocation · 5 ratios | ||||||
The five drivers multiply to 26.6% vs reported ROE 24.8%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | €96.3M | €193.0M | €254.7M |
| YoY % | +100.5% | +32.0% | |
| Total Operating Expenses | €41.8M | €56.9M | €57.9M |
| YoY % | +36.2% | +1.7% | |
| Operating Income | €54.4M | €136.0M | €196.8M |
| YoY % | +149.8% | +44.7% | |
| Interest Expense | €4.3M | €30.9M | €63.8M |
| YoY % | +624.3% | +106.5% | |
| Interest & Investment Income | €65.1M | €173.1M | €253.6M |
| YoY % | +166.1% | +46.5% | |
| Equity Method Income | €0 | -€190,000 | €349,000 |
| Pretax Income | €48.1M | €125.9M | €176.6M |
| YoY % | +161.8% | +40.3% | |
| Income Tax | €5.7M | €22.9M | €36.4M |
| YoY % | +303.7% | +58.9% | |
| Net Income (incl. NCI) | €42.4M | €103.0M | €140.2M |
| YoY % | +142.8% | +36.1% | |
| Minority Interest (P&L) | €2,000 | €2,000 | €2,000 |
| YoY % | 0.0% | 0.0% | |
| Net Income | €42.4M | €103.0M | €140.2M |
| YoY % | +142.8% | +36.1% | |
| EPS (Basic) | €1.13 | €1.93 | €1.90 |
| YoY % | +70.8% | -1.6% | |
| EPS (Diluted) | €1.07 | €1.93 | €1.90 |
| YoY % | +80.4% | -1.6% | |
| Dividends Declared per Share | — | — | €0 |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
