338.3
RevenueE£M
498.0
506.4
525.0
530.8
556.7
574.5
595.5
622.5
636.8
662.7
374.0
3.55%
2.96%
36
2.01
Revenue growth%
8.47
10.61
9.33
8.26
5.99
8.27
8.35
11.02
11.72
8.78
29.72
8.78
8.62
32
25.28
Gross margin%
26.42
28.52
29.41
30.51
29.08
28.06
26.89
27.98
27.54
29.23
22.28
27.98
28.29
74
25.08
Operating margin%
0.62
0.40
0.68
0.40
1.28
0.71
0.40
3.23
5.92
7.57
18.48
3.23
0.70
40
8.37
Net margin%
22.10
22.52
22.29
20.67
17.83
17.24
18.89
17.38
20.00
19.64
28.12
18.89
19.82
55
13.13
P/E ratio (avg)x
20.76
21.18
22.26
20.86
22.56
24.60
26.46
24.12
21.14
19.98
27.20
24.12
21.72
49
9.777
EV/EBITx
23.27
25.96
25.90
29.11
27.58
30.20
32.49
33.23
30.65
27.96
17.75
30.65
28.54
28
9.51
FCF yield (avg)%
13.53
14.69
16.30
14.26
17.16
15.19
13.31
13.53
12.13
14.63
25.57
13.53
14.44
12
27.26
FCF margin%
10.92
10.06
12.58
9.98
11.14
11.67
11.60
9.12
9.17
8.78
15.12
9.17
10.49
38
0.567
FCF / Net incomex
1.194
1.314
1.245
1.219
1.358
1.376
1.503
1.404
1.454
1.402
1.425
1.404
1.367
47
8.15
ROIC%
15.73
15.95
18.36
16.83
15.64
16.75
14.17
12.57
14.84
14.34
8.09
14.34
15.68
87
28.32
Return on equity%
18.47
20.44
19.59
19.45
17.03
19.20
20.97
21.90
20.96
18.24
18.04
20.96
19.52
40
10.49
Return on assets%
20.54
22.32
19.54
22.45
21.38
22.15
19.99
20.64
23.42
23.23
3.74
22.15
21.77
54
42.21
EPSE£
34.12
37.24
39.16
41.60
45.66
48.87
48.91
49.49
54.60
61.14
43.94
6.01%
5.28%
—
12.19
EPS growth%
0.40
0.40
0.40
3.20
0.41
0.40
2.84
1.52
1.24
0.40
18.66
1.24
0.41
59
36.29
Bookvalue per shE£
28.90
31.19
29.55
25.03
26.83
28.71
24.83
23.46
22.80
21.90
9.11
(3.98%)
(3.88%)
—
22.99
FCF per shareE£
21.00
23.59
24.79
25.20
28.18
30.58
35.86
36.08
41.28
48.80
23.51
11.61%
9.35%
—
28.95
Dividend per shE£
41.02
42.69
40.99
41.31
43.07
37.43
32.42
31.61
31.83
31.36
23.21
(6.15%)
(2.32%)
—
20.90
Div yield (avg)%
27.38
29.34
28.00
27.12
27.85
26.18
26.66
28.13
28.82
28.58
15.63
28.13
27.92
42
16.31
Payout ratio%
12.99
10.64
11.51
8.53
8.07
6.20
4.67
2.71
4.42
4.26
16.26
4.42
7.13
24
11.88
Shares (diluted)M
11.21
10.45
10.37
10.43
9.758
8.759
8.561
8.775
9.471
9.398
11.88
(0.75%)
(1.20%)
66
7.71
Buyback yield%
27.66
28.10
28.08
29.80
31.19
31.21
28.51
25.85
23.05
21.45
4.26
25.85
28.09
11
1.565
D/E ratiox
0.590
0.548
0.581
0.541
0.606
0.637
0.617
0.645
0.632
0.616
0.552
0.632
0.611
9
0.156
Enterprise valueE£B
0.503
0.557
0.603
0.693
0.784
0.869
0.881
0.925
0.936
1.002
0.344
5.02%
8.42%
41
529.8
LT debtE£M
175.9
169.8
159.9
155.3
163.4
148.2
160.9
169.9
165.9
180.7
152.7
2.04%
1.12%
74
Revenue
E£662.7M
2.96%
1.00×
Cost of revenue
E£396.8M
2.81%
0.99×
Operating expenses
E£97.19M
2.69%
0.97×
Property and equipment
15.49%
Goodwill & intangibles
15.13%
Spread over hurdle
(7.11%)