273.7
RevenueE£M
344.8
362.3
381.2
388.1
407.8
421.8
442.8
469.6
479.6
497.9
301.5
4.07%
4.10%
10
29.10
Revenue growth%
26.04
26.41
24.99
24.66
27.32
26.53
27.79
29.49
26.77
24.69
7.46
26.77
26.47
58
21.74
Gross margin%
19.97
20.40
20.73
23.14
22.65
23.03
22.86
21.94
21.68
23.00
9.57
22.86
22.30
69
17.18
Operating margin%
14.82
13.95
14.79
17.63
16.44
14.76
15.89
16.04
13.92
16.49
15.61
15.89
15.36
74
20.64
Net margin%
5.06
7.97
7.82
6.83
6.81
4.05
6.31
7.52
7.98
8.99
17.05
7.52
7.18
51
15.46
P/E ratio (avg)x
30.15
33.69
33.96
36.10
41.47
45.02
49.35
48.76
52.72
57.92
28.19
49.35
43.24
65
31.48
EV/EBITx
18.78
20.30
21.28
22.49
23.65
23.56
25.74
29.05
32.61
32.72
31.67
29.05
23.60
37
18.08
FCF yield (avg)%
0.40
0.40
2.58
1.88
2.36
0.40
3.22
4.51
5.96
8.14
3.94
4.51
2.47
78
29.55
FCF margin%
15.39
17.68
20.32
17.56
18.25
16.36
15.67
18.36
17.40
19.12
24.61
17.40
17.62
5
0.672
FCF / Net incomex
1.207
1.071
0.934
0.993
1.059
0.978
1.030
1.134
1.125
1.107
0.150
1.107
1.065
60
4.67
ROIC%
22.92
25.10
22.51
24.60
25.95
27.72
25.03
24.72
25.03
23.62
10.30
25.03
24.88
83
6.22
Return on equity%
12.59
13.12
15.48
17.76
14.76
12.03
11.58
11.82
8.95
7.23
27.15
11.58
12.31
51
10.74
Return on assets%
23.54
21.43
20.97
18.97
18.42
17.30
19.58
21.45
21.24
20.56
21.72
20.56
20.77
27
2.35
EPSE£
5.06
4.64
4.62
4.46
4.45
4.80
4.85
4.83
4.57
4.74
2.63
1.29%
(0.50%)
—
14.45
EPS growth%
21.27
20.25
20.63
20.70
22.11
23.35
24.66
26.09
28.76
26.25
10.43
26.09
22.73
80
4.45
Bookvalue per shE£
13.20
15.32
14.89
15.86
17.18
18.24
21.04
24.15
25.94
23.98
9.79
6.90%
6.24%
—
2.77
FCF per shareE£
12.81
12.38
14.31
14.66
14.71
16.19
17.94
17.37
19.60
21.34
6.46
7.73%
5.53%
—
11.26
Dividend per shE£
14.02
13.80
14.17
13.76
12.89
12.83
12.51
13.40
13.90
13.75
3.38
1.30%
1.18%
—
7.16
Div yield (avg)%
18.36
15.42
16.14
15.64
12.88
12.52
12.64
13.50
15.51
14.71
11.99
13.50
15.07
41
20.26
Payout ratio%
20.35
19.49
16.69
15.96
13.13
11.22
10.17
11.74
14.44
17.34
17.07
11.74
15.20
24
24.22
Shares (diluted)M
35.34
40.47
39.93
44.13
50.01
49.17
57.51
57.57
63.80
70.98
23.27
7.25%
8.61%
62
19.82
Buyback yield%
9.10
9.14
7.65
7.69
8.36
5.83
4.70
6.29
7.10
8.96
2.65
6.29
7.67
57
0.439
D/E ratiox
1.773
1.628
1.784
1.795
1.947
1.830
1.753
1.994
1.851
1.888
0.247
1.851
1.812
89
0.499
Enterprise valueE£B
0.484
0.563
0.582
0.610
0.692
0.774
0.826
0.826
0.966
1.104
0.119
9.78%
8.44%
93
643.3
LT debtE£M
481.3
454.0
396.3
388.4
384.7
339.6
318.2
285.4
266.3
271.1
501.7
(6.76%)
(5.00%)
59
Revenue
E£497.9M
4.10%
1.00×
Cost of revenue
E£264.2M
4.40%
1.03×
Operating expenses
E£124.0M
4.02%
0.99×
Cash and investments
19.67%
Goodwill & intangibles
16.65%
Property and equipment
16.33%
Spread over hurdle
(5.99%)