2.390
RevenueE£B
2.582
2.681
2.681
2.690
2.719
2.830
2.854
2.886
2.983
2.457
2.926
2.09%
1.99%
21
4.94
Revenue growth%
27.46
29.02
30.39
27.98
26.14
27.00
24.08
21.19
20.17
26.44
14.39
24.08
26.57
42
8.13
Gross margin%
23.83
25.63
23.31
20.67
19.13
17.77
15.14
13.53
15.47
26.32
26.01
15.47
19.90
69
25.12
Operating margin%
19.87
18.98
17.43
19.03
21.05
21.65
20.73
19.38
20.97
3.06
21.84
20.97
20.14
20
21.79
Net margin%
17.05
17.34
15.88
14.18
17.03
16.53
14.15
14.65
13.39
17.75
8.94
14.65
16.21
17
9.915
P/E ratio (avg)x
8.288
7.846
8.024
8.519
9.748
9.274
9.705
10.09
11.49
24.11
25.31
9.748
8.956
66
6.330
EV/EBITx
5.583
6.010
5.771
5.089
5.149
4.654
4.807
5.277
5.363
10.55
32.60
5.149
5.320
86
11.64
FCF yield (avg)%
4.53
6.88
5.17
2.90
2.66
1.49
2.58
2.94
2.25
9.81
10.69
2.58
2.92
43
11.53
FCF margin%
27.28
28.28
27.29
27.14
28.10
28.26
28.21
28.19
26.02
2.30
6.90
28.19
27.70
56
0.467
FCF / Net incomex
1.249
1.092
0.937
0.940
0.995
1.021
1.063
1.032
1.030
0.250
0.169
1.030
1.031
14
4.93
ROIC%
0.40
1.21
4.17
1.93
0.40
0.40
1.79
0.40
1.27
12.21
21.70
0.40
0.80
46
14.35
Return on equity%
22.38
21.73
20.04
18.72
17.15
20.11
18.91
19.17
19.65
9.33
14.89
19.17
19.85
44
27.73
Return on assets%
21.22
20.65
23.34
24.45
21.98
19.75
21.31
21.30
22.28
2.80
15.35
21.31
21.31
15
74.04
EPSE£
23.28
25.55
25.44
27.77
30.64
32.03
33.49
36.66
41.75
79.43
80.35
8.50%
6.13%
—
23.09
EPS growth%
19.22
18.91
19.17
21.21
19.21
19.68
16.76
17.55
15.07
9.04
5.63
17.55
19.19
76
73.61
Bookvalue per shE£
82.24
73.52
62.71
57.84
57.70
53.73
50.58
53.22
55.14
41.22
26.68
(0.95%)
(3.43%)
—
18.59
FCF per shareE£
45.82
44.10
48.15
50.88
51.76
53.22
57.05
54.52
56.14
54.15
80.03
1.99%
2.09%
—
76.15
Dividend per shE£
53.40
54.48
63.75
66.32
66.38
71.93
79.85
78.51
85.85
22.19
22.08
5.30%
6.67%
—
27.93
Div yield (avg)%
18.06
15.38
17.96
15.35
12.42
12.42
15.25
17.65
18.84
8.93
10.43
15.25
16.31
83
4.96
Payout ratio%
25.55
24.68
22.55
19.78
22.19
24.52
23.70
24.23
25.83
6.28
29.33
24.23
24.38
49
15.34
Shares (diluted)M
22.61
23.83
22.44
23.30
22.01
20.94
20.43
19.19
19.69
14.86
14.57
(3.31%)
(0.27%)
51
8.11
Buyback yield%
28.42
26.13
27.23
26.40
26.79
29.02
31.13
31.33
32.26
16.95
20.18
31.13
27.83
15
0.184
D/E ratiox
2.338
2.585
3.052
3.184
3.754
4.206
4.739
4.756
4.919
1.738
0.325
4.739
3.469
86
0.310
Enterprise valueE£B
1.501
1.490
1.311
1.158
1.068
0.968
1.046
0.980
0.944
0.153
2.455
(3.99%)
(4.71%)
6
0.717
LT debtE£B
0.309
0.369
0.392
0.445
0.429
0.464
0.456
0.442
0.529
0.122
1.871
3.54%
6.69%
91
Revenue
E£2.983B
1.99%
1.00×
Cost of revenue
E£1.815B
1.88%
0.99×
Operating expenses
E£353.2M
3.18%
1.12×
Spread over hurdle
(4.81%)