{
  "ticker": {
    "uuid": "e674ed40-9e8e-4dbb-a0c0-f409f54aec54",
    "symbol": "AVS",
    "name": "ASM International NV",
    "exchange": "GER",
    "exchange_name": "XETRA",
    "country": "DE",
    "currency": "EUR",
    "sector": "Technology",
    "industry": "Semiconductor Equipment & Materials",
    "page_url": "https://sharemaestro.com/factors/ticker/e674ed40-9e8e-4dbb-a0c0-f409f54aec54/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/e674ed40-9e8e-4dbb-a0c0-f409f54aec54/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "e674ed40-9e8e-4dbb-a0c0-f409f54aec54",
      "symbol": "AVS",
      "name": "ASM International NV",
      "exchange": "GER",
      "exchange_name": "XETRA",
      "country": "DE",
      "currency": "EUR",
      "sector": "Technology",
      "industry": "Semiconductor Equipment & Materials",
      "page_url": "https://sharemaestro.com/factors/ticker/e674ed40-9e8e-4dbb-a0c0-f409f54aec54/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/e674ed40-9e8e-4dbb-a0c0-f409f54aec54/"
    },
    "week_end_date": "2026-08-09",
    "universe": "EUR_DE",
    "score": {
      "os": 0.44,
      "value": 0.02,
      "quality": 0.89,
      "momentum": 0.94,
      "coverage": 0.909,
      "confidence": 0.851,
      "delta": 0.01
    },
    "headline_factors": {
      "price": 854.4,
      "market_cap": 41849835786.76,
      "pe_ratio": 72.4046,
      "earnings_yield": 0.0238,
      "ebitda_to_ev": 0.0299,
      "shareholder_yield": 0.0074,
      "roe": 0.1348,
      "piotroski_f_score": 8,
      "momentum_12_1": 1.1826,
      "volatility_252d": 0.452
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": false
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": 72.4046,
        "ev_ebitda": 33.4606,
        "earnings_yield": 0.0238,
        "fcf_yield": 0.0081,
        "shareholder_yield": 0.0074
      },
      "quality": {
        "roe": 0.1348,
        "roic": 0.2198,
        "gross_margin": 0.5219,
        "fcf_margin": 0.1029,
        "piotroski_f_score": 8
      },
      "growth": {
        "revenue_growth_1y": 0.082,
        "eps_growth_1y": 0.0601,
        "fcf_growth_1y": 0.1118
      },
      "momentum": {
        "price_return_12m": 1.0475,
        "momentum_12_1": 1.1826,
        "relative_strength": 0.9582
      },
      "scores": {
        "value_percentile": 0.02,
        "quality_percentile": 0.89,
        "momentum_percentile": 0.94,
        "growth_composite": 31,
        "yield_composite": 94,
        "overall_composite": 56,
        "os_score": 0.44,
        "factor_coverage": 0.909,
        "signal_confidence": 0.851
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 866.6,
      "os": 0.37,
      "value": 0.01,
      "quality": 0.89,
      "momentum": 0.86,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 73.2953,
      "earnings_yield": 0.0235,
      "shareholder_yield": 0.0073,
      "roe": 0.1348,
      "momentum_12_1": 0.7373
    },
    {
      "week_end_date": "2026-06-14",
      "price": 1010.5,
      "os": 0.39,
      "value": 0.01,
      "quality": 0.89,
      "momentum": 0.89,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 85.466,
      "earnings_yield": 0.0201,
      "shareholder_yield": 0.0063,
      "roe": 0.1348,
      "momentum_12_1": 0.6991
    },
    {
      "week_end_date": "2026-06-21",
      "price": 1062,
      "os": 0.38,
      "value": 0.01,
      "quality": 0.88,
      "momentum": 0.9,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 89.8218,
      "earnings_yield": 0.0191,
      "shareholder_yield": 0.006,
      "roe": 0.1348,
      "momentum_12_1": 0.7803
    },
    {
      "week_end_date": "2026-06-28",
      "price": 961,
      "os": 0.39,
      "value": 0.02,
      "quality": 0.89,
      "momentum": 0.89,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 81.2794,
      "earnings_yield": 0.0212,
      "shareholder_yield": 0.0066,
      "roe": 0.1348,
      "momentum_12_1": 0.6277
    },
    {
      "week_end_date": "2026-07-05",
      "price": 968,
      "os": 0.4,
      "value": 0.02,
      "quality": 0.89,
      "momentum": 0.89,
      "confidence": 0.931,
      "coverage": 0.939,
      "pe_ratio": 81.8715,
      "earnings_yield": 0.021,
      "shareholder_yield": 0.0066,
      "roe": 0.1348,
      "momentum_12_1": 0.7018
    },
    {
      "week_end_date": "2026-07-12",
      "price": 910.8,
      "os": 0.4,
      "value": 0.02,
      "quality": 0.89,
      "momentum": 0.9,
      "confidence": 0.92,
      "coverage": 0.939,
      "pe_ratio": 77.0336,
      "earnings_yield": 0.0223,
      "shareholder_yield": 0.007,
      "roe": 0.1348,
      "momentum_12_1": 0.9351
    },
    {
      "week_end_date": "2026-07-19",
      "price": 852.4,
      "os": 0.39,
      "value": 0.01,
      "quality": 0.89,
      "momentum": 0.89,
      "confidence": 0.91,
      "coverage": 0.939,
      "pe_ratio": 72.0943,
      "earnings_yield": 0.0239,
      "shareholder_yield": 0.0075,
      "roe": 0.1348,
      "momentum_12_1": 1.047
    },
    {
      "week_end_date": "2026-07-26",
      "price": 862.6,
      "os": 0.44,
      "value": 0.01,
      "quality": 0.9,
      "momentum": 0.94,
      "confidence": 0.9,
      "coverage": 0.939,
      "pe_ratio": 72.957,
      "earnings_yield": 0.0236,
      "shareholder_yield": 0.0074,
      "roe": 0.1348,
      "momentum_12_1": 1.2519
    },
    {
      "week_end_date": "2026-08-02",
      "price": 764.2,
      "os": 0.43,
      "value": 0.02,
      "quality": 0.89,
      "momentum": 0.92,
      "confidence": 0.861,
      "coverage": 0.909,
      "pe_ratio": 64.7607,
      "earnings_yield": 0.0267,
      "shareholder_yield": 0.0083,
      "roe": 0.1348,
      "momentum_12_1": 1.3297
    },
    {
      "week_end_date": "2026-08-09",
      "price": 854.4,
      "os": 0.44,
      "value": 0.02,
      "quality": 0.89,
      "momentum": 0.94,
      "confidence": 0.851,
      "coverage": 0.909,
      "pe_ratio": 72.4046,
      "earnings_yield": 0.0238,
      "shareholder_yield": 0.0074,
      "roe": 0.1348,
      "momentum_12_1": 1.1826
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 3173200000,
          "cost_of_revenue": 1529600000,
          "gross_profit": 1643600000,
          "ebit": 938100000,
          "ebitda": 1176800000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 723700000,
          "net_income_to_common": 723700000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1026800000,
          "total_current_assets": 2345800000,
          "total_assets": 5337000000,
          "short_term_debt": 13900000,
          "long_term_debt": null,
          "total_debt": 13900000,
          "total_liabilities": null,
          "total_equity": 4005800000,
          "shares_outstanding": 48881549,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 1060900000,
          "capital_expenditure": -468300000,
          "free_cash_flow": 592600000,
          "dividends_paid": -147300000,
          "share_repurchases": -152100000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 3173200000,
          "cost_of_revenue": 1529600000,
          "gross_profit": 1643600000,
          "ebit": 938100000,
          "ebitda": 1176800000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 723700000,
          "net_income_to_common": 723700000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1026800000,
          "total_current_assets": 2345800000,
          "total_assets": 5337000000,
          "short_term_debt": 13900000,
          "long_term_debt": null,
          "total_debt": 13900000,
          "total_liabilities": null,
          "total_equity": 4005800000,
          "shares_outstanding": 48881549,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 1060900000,
          "capital_expenditure": -468300000,
          "free_cash_flow": 592600000,
          "dividends_paid": -147300000,
          "share_repurchases": -152100000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 3173200000,
          "cost_of_revenue": 1529600000,
          "gross_profit": 1643600000,
          "ebit": 938100000,
          "ebitda": 1176800000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 723700000,
          "net_income_to_common": 723700000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1026800000,
          "total_current_assets": 2345800000,
          "total_assets": 5337000000,
          "short_term_debt": 13900000,
          "long_term_debt": null,
          "total_debt": 13900000,
          "total_liabilities": null,
          "total_equity": 4005800000,
          "shares_outstanding": 48881549,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 1060900000,
          "capital_expenditure": -468300000,
          "free_cash_flow": 592600000,
          "dividends_paid": -147300000,
          "share_repurchases": -152100000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 3173200000,
          "cost_of_revenue": 1529600000,
          "gross_profit": 1643600000,
          "ebit": 938100000,
          "ebitda": 1176800000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 723700000,
          "net_income_to_common": 723700000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1026800000,
          "total_current_assets": 2345800000,
          "total_assets": 5337000000,
          "short_term_debt": 13900000,
          "long_term_debt": null,
          "total_debt": 13900000,
          "total_liabilities": null,
          "total_equity": 4005800000,
          "shares_outstanding": 48881549,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 1060900000,
          "capital_expenditure": -468300000,
          "free_cash_flow": 592600000,
          "dividends_paid": -147300000,
          "share_repurchases": -152100000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 3173200000,
          "cost_of_revenue": 1529600000,
          "gross_profit": 1643600000,
          "ebit": 938100000,
          "ebitda": 1176800000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 723700000,
          "net_income_to_common": 723700000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1026800000,
          "total_current_assets": 2345800000,
          "total_assets": 5337000000,
          "short_term_debt": 13900000,
          "long_term_debt": null,
          "total_debt": 13900000,
          "total_liabilities": null,
          "total_equity": 4005800000,
          "shares_outstanding": 48881549,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 1060900000,
          "capital_expenditure": -468300000,
          "free_cash_flow": 592600000,
          "dividends_paid": -147300000,
          "share_repurchases": -152100000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 3173200000,
          "cost_of_revenue": 1529600000,
          "gross_profit": 1643600000,
          "ebit": 938100000,
          "ebitda": 1176800000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 723700000,
          "net_income_to_common": 723700000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1026800000,
          "total_current_assets": 2345800000,
          "total_assets": 5337000000,
          "short_term_debt": 13900000,
          "long_term_debt": null,
          "total_debt": 13900000,
          "total_liabilities": null,
          "total_equity": 4005800000,
          "shares_outstanding": 48881549,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 1060900000,
          "capital_expenditure": -468300000,
          "free_cash_flow": 592600000,
          "dividends_paid": -147300000,
          "share_repurchases": -152100000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 3173200000,
          "cost_of_revenue": 1529600000,
          "gross_profit": 1643600000,
          "ebit": 938100000,
          "ebitda": 1176800000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 723700000,
          "net_income_to_common": 723700000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1026800000,
          "total_current_assets": 2345800000,
          "total_assets": 5337000000,
          "short_term_debt": 13900000,
          "long_term_debt": null,
          "total_debt": 13900000,
          "total_liabilities": null,
          "total_equity": 4005800000,
          "shares_outstanding": 48881549,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 1060900000,
          "capital_expenditure": -468300000,
          "free_cash_flow": 592600000,
          "dividends_paid": -147300000,
          "share_repurchases": -152100000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 3173200000,
          "cost_of_revenue": 1529600000,
          "gross_profit": 1643600000,
          "ebit": 938100000,
          "ebitda": 1176800000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 723700000,
          "net_income_to_common": 723700000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1026800000,
          "total_current_assets": 2345800000,
          "total_assets": 5337000000,
          "short_term_debt": 13900000,
          "long_term_debt": null,
          "total_debt": 13900000,
          "total_liabilities": null,
          "total_equity": 4005800000,
          "shares_outstanding": 48881549,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 1060900000,
          "capital_expenditure": -468300000,
          "free_cash_flow": 592600000,
          "dividends_paid": -147300000,
          "share_repurchases": -152100000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-06-30",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 2,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 1003100000,
          "cost_of_revenue": 482000000,
          "gross_profit": 521100000,
          "ebit": 322800000,
          "ebitda": 384700000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 285400000,
          "net_income_to_common": 285400000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1180100000,
          "total_current_assets": 2996400000,
          "total_assets": 6134500000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4447600000,
          "shares_outstanding": 48981548,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 466300000,
          "capital_expenditure": -119400000,
          "free_cash_flow": 346900000,
          "dividends_paid": -159200000,
          "share_repurchases": 0,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-06-30",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 2,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 1003100000,
          "cost_of_revenue": 482000000,
          "gross_profit": 521100000,
          "ebit": 322800000,
          "ebitda": 384700000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 285400000,
          "net_income_to_common": 285400000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1180100000,
          "total_current_assets": 2996400000,
          "total_assets": 6134500000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4447600000,
          "shares_outstanding": 48981548,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 466300000,
          "capital_expenditure": -119400000,
          "free_cash_flow": 346900000,
          "dividends_paid": -159200000,
          "share_repurchases": 0,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 862500000,
          "cost_of_revenue": 402700000,
          "gross_profit": 459900000,
          "ebit": 278200000,
          "ebitda": 339500000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 238500000,
          "net_income_to_common": 238500000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 981600000,
          "total_current_assets": 2777200000,
          "total_assets": 5829200000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4288600000,
          "shares_outstanding": 48886070,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 43800000,
          "capital_expenditure": -90400000,
          "free_cash_flow": -46600000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 862500000,
          "cost_of_revenue": 402700000,
          "gross_profit": 459900000,
          "ebit": 278200000,
          "ebitda": 339500000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 238500000,
          "net_income_to_common": 238500000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 981600000,
          "total_current_assets": 2777200000,
          "total_assets": 5829200000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4288600000,
          "shares_outstanding": 48886070,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 43800000,
          "capital_expenditure": -90400000,
          "free_cash_flow": -46600000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 862500000,
          "cost_of_revenue": 402700000,
          "gross_profit": 459900000,
          "ebit": 278200000,
          "ebitda": 339500000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 238500000,
          "net_income_to_common": 238500000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 981600000,
          "total_current_assets": 2777200000,
          "total_assets": 5829200000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4288600000,
          "shares_outstanding": 48886070,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 43800000,
          "capital_expenditure": -90400000,
          "free_cash_flow": -46600000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 862500000,
          "cost_of_revenue": 402700000,
          "gross_profit": 459900000,
          "ebit": 278200000,
          "ebitda": 339500000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 238500000,
          "net_income_to_common": 238500000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 981600000,
          "total_current_assets": 2777200000,
          "total_assets": 5829200000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4288600000,
          "shares_outstanding": 48886070,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 43800000,
          "capital_expenditure": -90400000,
          "free_cash_flow": -46600000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 862500000,
          "cost_of_revenue": 402700000,
          "gross_profit": 459900000,
          "ebit": 278200000,
          "ebitda": 339500000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 238500000,
          "net_income_to_common": 238500000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 981600000,
          "total_current_assets": 2777200000,
          "total_assets": 5829200000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4288600000,
          "shares_outstanding": 48886070,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 43800000,
          "capital_expenditure": -90400000,
          "free_cash_flow": -46600000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 862500000,
          "cost_of_revenue": 402700000,
          "gross_profit": 459900000,
          "ebit": 278200000,
          "ebitda": 339500000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 238500000,
          "net_income_to_common": 238500000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 981600000,
          "total_current_assets": 2777200000,
          "total_assets": 5829200000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4288600000,
          "shares_outstanding": 48886070,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 43800000,
          "capital_expenditure": -90400000,
          "free_cash_flow": -46600000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 862500000,
          "cost_of_revenue": 402700000,
          "gross_profit": 459900000,
          "ebit": 278200000,
          "ebitda": 339500000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 238500000,
          "net_income_to_common": 238500000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 981600000,
          "total_current_assets": 2777200000,
          "total_assets": 5829200000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4288600000,
          "shares_outstanding": 48886070,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 43800000,
          "capital_expenditure": -90400000,
          "free_cash_flow": -46600000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 862500000,
          "cost_of_revenue": 402700000,
          "gross_profit": 459900000,
          "ebit": 278200000,
          "ebitda": 339500000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 238500000,
          "net_income_to_common": 238500000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 981600000,
          "total_current_assets": 2777200000,
          "total_assets": 5829200000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4288600000,
          "shares_outstanding": 48886070,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 43800000,
          "capital_expenditure": -90400000,
          "free_cash_flow": -46600000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 862500000,
          "cost_of_revenue": 402700000,
          "gross_profit": 459900000,
          "ebit": 278200000,
          "ebitda": 339500000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 238500000,
          "net_income_to_common": 238500000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 981600000,
          "total_current_assets": 2777200000,
          "total_assets": 5829200000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": null,
          "total_equity": 4288600000,
          "shares_outstanding": 48886070,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 43800000,
          "capital_expenditure": -90400000,
          "free_cash_flow": -46600000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 698300000,
          "cost_of_revenue": 350600000,
          "gross_profit": 347700000,
          "ebit": 170500000,
          "ebitda": 239900000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 166000000,
          "net_income_to_common": 166000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1026800000,
          "total_current_assets": 2345800000,
          "total_assets": 5337000000,
          "short_term_debt": 13900000,
          "long_term_debt": null,
          "total_debt": 13900000,
          "total_liabilities": null,
          "total_equity": 4005800000,
          "shares_outstanding": 48881549,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 163700000,
          "capital_expenditure": -175500000,
          "free_cash_flow": -11800000,
          "dividends_paid": 0,
          "share_repurchases": 0,
          "shares_issued": null,
          "net_debt_issued": null
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "ebitda_ev",
      "name": "EBITDA/EV Value",
      "slug": "ebitda-ev",
      "group": "value",
      "page_url": "/factors/ebitda-ev/"
    },
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "capital_allocators",
      "name": "Capital Allocators",
      "slug": "capital-allocators",
      "group": "quality",
      "page_url": "/factors/capital-allocators/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Price Strength Relative to Volatility",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "momentum_leaders",
      "name": "Price Leaders",
      "slug": "momentum-leaders",
      "group": "momentum",
      "page_url": "/factors/momentum-leaders/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 10,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-08-09",
    "latest_financials_period_end": "2026-03-31"
  },
  "schema": {
    "public_fields_only": true
  }
}