51.03
RevenueE£M
139.9
140.8
145.1
148.4
147.1
150.8
155.7
159.6
160.3
165.2
54.10
2.35%
1.63%
45
7.59
Revenue growth%
18.84
17.17
14.23
14.26
15.92
14.40
14.96
12.17
14.12
15.20
20.44
14.40
14.68
27
5.41
Gross margin%
17.53
17.23
16.91
19.39
20.39
18.58
20.39
21.31
20.52
19.75
19.51
20.39
19.57
39
23.77
Operating margin%
20.66
19.09
17.68
19.22
20.66
18.17
20.44
19.76
18.64
19.75
6.50
19.75
19.49
49
11.17
Net margin%
24.56
22.78
23.87
25.15
25.42
25.49
23.21
25.45
26.36
28.27
27.85
25.49
25.29
54
30.65
P/E ratio (avg)x
23.58
20.49
21.10
22.26
20.64
22.34
22.36
20.32
20.53
17.78
17.99
20.53
20.87
79
13.99
EV/EBITx
11.13
11.99
11.27
10.20
10.12
9.724
9.238
10.08
9.229
8.305
17.18
9.238
10.10
67
7.63
FCF yield (avg)%
22.65
19.80
22.51
24.68
27.09
26.87
24.52
25.74
27.64
29.84
2.01
26.87
25.21
74
10.58
FCF margin%
11.72
13.20
14.51
15.33
12.53
13.17
14.89
13.92
13.68
15.42
6.30
13.92
13.80
67
0.199
FCF / Net incomex
0.139
0.142
0.126
0.125
0.114
0.100
0.094
0.098
0.104
0.093
1.317
0.098
0.109
62
21.41
ROIC%
13.89
12.75
11.06
8.95
11.52
12.61
10.21
10.39
11.22
9.48
8.20
10.39
11.14
10
17.13
Return on equity%
10.22
12.53
11.15
11.43
11.44
14.32
11.48
14.25
12.59
14.21
28.31
14.21
12.01
51
12.43
Return on assets%
24.87
24.46
26.56
23.94
23.26
23.75
25.28
25.57
22.93
22.38
16.02
23.75
24.20
80
0.04
EPSE£
0.22
0.24
0.25
0.25
0.23
0.23
0.26
0.27
0.25
0.28
0.04
3.40%
3.25%
—
7.80
EPS growth%
19.25
22.01
23.88
22.08
23.06
21.50
21.10
21.48
20.94
22.46
7.38
21.48
21.76
9
0.20
Bookvalue per shE£
0.11
0.11
0.12
0.14
0.15
0.18
0.20
0.20
0.19
0.20
0.07
5.24%
6.52%
—
0.17
FCF per shareE£
0.14
0.14
0.12
0.11
0.11
0.11
0.11
0.10
0.10
0.11
0.14
(1.48%)
(2.92%)
—
0.22
Dividend per shE£
0.22
0.24
0.24
0.26
0.27
0.25
0.28
0.29
0.27
0.27
0.21
(0.04%)
1.70%
—
9.40
Div yield (avg)%
20.82
20.15
20.45
19.30
17.02
17.96
16.99
19.41
21.83
19.02
18.38
19.02
19.35
27
12.18
Payout ratio%
17.38
20.13
18.85
16.20
17.18
15.61
17.40
16.00
13.43
15.41
15.51
15.61
16.69
35
210.0
Shares (diluted)M
255.5
298.3
288.6
308.7
292.0
307.4
333.7
312.9
330.1
325.3
209.3
2.18%
3.83%
16
24.96
Buyback yield%
30.33
29.76
30.01
29.26
30.61
29.22
26.65
27.40
25.82
28.01
10.42
27.40
29.24
24
0.388
D/E ratiox
2.010
2.160
2.358
2.465
2.233
2.160
2.181
1.947
2.082
1.938
0.413
2.082
2.160
71
37.69
Enterprise valueE£M
74.22
71.96
66.18
70.08
71.89
81.99
78.68
83.69
83.21
92.99
133.3
5.28%
3.55%
45
145.2
LT debtE£M
205.1
237.3
259.1
289.4
304.7
298.2
281.6
290.4
325.6
309.4
101.7
0.31%
4.51%
11
Revenue
E£165.2M
1.63%
1.00×
Cost of revenue
E£79.70M
1.12%
0.95×
Operating expenses
E£28.72M
2.56%
1.10×
Cash and investments
16.21%
Spread over hurdle
(6.94%)