1.183
RevenueE£B
2.820
2.965
3.059
3.137
3.306
3.438
3.485
3.635
3.803
3.897
1.266
3.35%
3.87%
13
12.01
Revenue growth%
10.32
10.67
8.99
6.33
7.64
9.45
6.61
7.67
9.41
7.24
21.93
7.67
8.33
91
19.22
Gross margin%
0.47
1.45
0.54
1.53
0.95
2.99
1.55
0.57
3.06
4.06
11.41
2.99
1.49
35
15.49
Operating margin%
3.65
1.13
3.63
3.61
3.63
1.39
0.40
0.40
0.40
3.22
16.77
0.40
2.31
17
14.30
Net margin%
29.95
28.42
29.38
29.82
28.05
29.17
30.64
30.56
31.14
29.45
5.33
30.56
29.64
52
30.47
P/E ratio (avg)x
12.16
11.29
11.09
10.49
11.44
12.92
12.63
14.32
15.73
14.51
29.39
14.32
12.39
80
21.64
EV/EBITx
16.22
17.48
15.97
16.97
14.89
14.32
13.32
13.17
13.03
14.12
29.08
13.32
14.60
83
17.22
FCF yield (avg)%
6.34
4.73
2.80
1.58
4.16
7.06
7.97
9.32
7.87
9.51
20.29
7.97
6.70
73
26.33
FCF margin%
15.96
15.95
17.09
19.22
20.25
22.20
24.60
26.68
26.25
27.88
6.51
26.25
21.23
38
1.612
FCF / Net incomex
2.060
2.292
2.507
2.759
3.133
3.216
3.062
3.377
3.357
3.724
0.808
3.357
3.097
34
21.77
ROIC%
7.07
6.25
7.81
8.64
10.74
11.57
13.40
13.79
15.39
13.13
21.06
13.40
11.15
88
4.16
Return on equity%
13.42
12.09
14.03
13.74
12.90
13.62
13.07
14.67
16.12
18.35
20.14
14.67
13.68
26
26.33
Return on assets%
29.55
28.84
26.43
28.20
25.27
24.55
24.39
27.25
28.83
29.73
10.26
27.25
27.72
57
9.10
EPSE£
11.07
10.74
11.58
10.80
10.75
10.43
10.09
11.30
11.76
11.09
9.33
0.61%
(0.03%)
—
26.05
EPS growth%
27.54
29.36
30.75
29.88
30.48
28.78
27.45
24.79
26.86
25.16
26.88
26.86
28.16
37
12.83
Bookvalue per shE£
21.32
25.81
28.21
27.90
31.58
38.03
37.50
44.19
46.39
54.98
15.21
11.73%
11.40%
—
11.98
FCF per shareE£
25.22
26.86
25.77
25.41
27.91
28.50
32.15
36.02
39.03
36.28
5.60
5.39%
4.68%
—
12.53
Dividend per shE£
6.88
6.75
6.85
6.98
6.86
6.49
6.07
5.71
5.39
4.84
13.55
(6.74%)
(4.85%)
—
11.73
Div yield (avg)%
25.05
22.24
23.49
24.61
24.89
22.61
23.73
22.70
25.60
23.76
15.43
23.73
23.75
45
6.24
Payout ratio%
19.29
20.53
21.62
19.12
21.39
23.90
25.45
28.00
25.51
23.61
18.37
25.45
22.61
85
102.1
Shares (diluted)M
145.4
154.2
174.1
164.3
184.9
196.4
223.7
250.4
249.7
250.4
100.1
6.25%
4.96%
68
25.41
Buyback yield%
28.32
26.88
26.20
23.30
21.00
21.26
19.77
19.63
16.98
17.23
14.32
19.63
21.13
86
0.239
D/E ratiox
1.536
1.395
1.485
1.663
1.626
1.764
1.702
1.865
1.876
1.960
1.134
1.865
1.682
77
1.948
Enterprise valueE£B
3.309
3.543
4.014
4.224
4.250
4.797
5.020
4.624
4.855
5.167
1.748
3.98%
5.70%
66
3.091
LT debtE£B
0.174
0.155
0.159
0.164
0.167
0.163
0.174
0.186
0.169
0.173
3.835
0.66%
(1.41%)
61
Revenue
E£3.897B
3.87%
1.00×
Cost of revenue
E£2.654B
3.84%
1.00×
Operating expenses
E£473.8M
3.82%
1.00×
Cash and investments
13.66%
Spread over hurdle
63.35%