@Memo0606 That's right, as always, the valuation is ambitious at currently 65x EV/EBIT LTM (10-year median at 34x) - quality has its price. Crazy margins (can there be any more?), rising recurring revenues and 16% growth per year for the next 2 years. In addition, absurd buybacks (almost 60% of sales in the last 12 months?).
