82.91
RevenueE£M
189.2
203.1
218.6
239.0
262.1
282.6
301.4
331.0
360.4
397.2
90.64
8.68%
8.83%
22
15.71
Revenue growth%
9.20
12.18
13.81
12.17
13.02
13.22
14.11
14.71
16.47
15.16
24.17
14.71
13.52
93
26.93
Gross margin%
20.20
22.96
24.87
24.75
23.95
24.19
23.52
23.11
24.90
25.18
5.38
24.19
24.07
51
8.02
Operating margin%
5.30
7.29
6.68
6.04
5.34
5.51
6.57
8.50
6.89
9.08
15.57
6.89
6.63
30
6.25
Net margin%
31.63
32.13
32.17
32.39
33.21
33.56
35.80
33.86
36.19
33.35
27.93
33.86
33.28
76
19.47
P/E ratio (avg)x
31.08
30.24
30.74
28.92
33.02
36.97
42.28
40.33
39.98
46.04
21.19
40.33
34.99
42
6.867
EV/EBITx
28.46
27.13
24.77
22.19
23.05
20.80
19.94
17.82
15.74
13.57
25.48
17.82
21.50
59
19.61
FCF yield (avg)%
21.54
21.11
21.13
19.59
20.42
20.27
22.04
19.77
21.85
19.53
24.28
20.27
20.77
93
25.96
FCF margin%
0.40
1.25
3.83
5.87
3.06
3.11
2.91
0.67
1.69
0.40
17.39
1.69
2.30
57
1.106
FCF / Net incomex
0.224
0.198
0.216
0.197
0.182
0.185
0.168
0.178
0.164
0.149
1.366
0.168
0.183
92
19.20
ROIC%
0.40
1.22
0.40
1.54
0.40
0.40
0.40
1.68
3.43
5.70
10.63
1.68
0.81
65
23.86
Return on equity%
12.04
12.29
9.93
11.53
12.24
14.66
12.86
15.23
13.29
15.34
12.39
14.66
12.58
94
29.44
Return on assets%
22.88
23.03
25.08
26.67
25.13
22.15
24.13
21.55
24.41
22.96
10.61
22.96
23.58
21
0.35
EPSE£
1.04
1.05
1.10
1.11
1.28
1.29
1.52
1.56
1.76
1.77
0.38
6.78%
7.18%
—
16.18
EPS growth%
0.40
2.71
2.14
3.88
2.24
4.99
2.02
0.40
0.40
1.08
12.80
1.08
2.08
41
0.22
Bookvalue per shE£
0.16
0.17
0.18
0.16
0.15
0.16
0.15
0.13
0.13
0.13
0.21
(2.71%)
(1.62%)
—
0.35
FCF per shareE£
1.23
1.25
1.30
1.36
1.63
1.66
1.80
1.81
1.85
1.93
0.17
3.45%
6.00%
—
0.22
Dividend per shE£
0.59
0.58
0.57
0.56
0.60
0.63
0.66
0.65
0.61
0.55
0.14
(1.64%)
(0.57%)
—
15.11
Div yield (avg)%
6.60
4.36
3.44
6.18
7.79
7.00
7.07
4.34
6.39
5.25
9.78
6.39
6.29
83
24.92
Payout ratio%
12.04
10.61
13.59
12.53
13.15
15.78
14.60
16.71
15.62
13.72
21.34
15.62
13.66
91
399.5
Shares (diluted)M
401.9
358.7
322.6
360.3
399.3
425.1
395.1
408.3
394.4
369.1
397.6
(1.56%)
(0.71%)
73
12.75
Buyback yield%
22.04
20.01
17.09
17.39
18.71
15.97
13.17
15.48
16.04
16.51
16.51
15.97
16.80
9
1.536
D/E ratiox
1.759
1.727
1.788
1.785
1.998
2.138
2.347
2.379
2.317
2.633
0.520
2.347
2.068
26
158.4
Enterprise valueE£M
49.21
50.99
51.76
51.87
55.25
63.22
59.14
63.97
59.77
59.10
157.3
1.36%
2.56%
40
327.2
LT debtE£M
286.8
292.0
306.7
359.6
390.6
377.9
440.1
510.4
555.9
596.0
69.76
8.82%
8.09%
77
Revenue
E£397.2M
8.83%
1.00×
Cost of revenue
E£214.6M
8.57%
0.98×
Operating expenses
E£89.59M
9.45%
1.06×
Cash and investments
15.75%
Spread over hurdle
(10.61%)