2.071
RevenueE£B
3.001
3.150
3.227
3.437
3.553
3.757
3.893
4.022
4.133
4.388
2.123
4.31%
4.20%
24
8.53
Revenue growth%
6.15
4.50
5.62
7.93
6.53
8.32
6.98
8.43
9.49
10.61
4.74
8.43
7.45
8
16.18
Gross margin%
4.81
7.36
7.78
9.79
11.97
12.33
11.38
10.65
11.88
10.81
6.42
11.38
10.73
37
21.99
Operating margin%
11.02
12.03
10.90
9.18
6.94
5.88
4.84
4.57
4.51
1.85
18.07
4.57
6.41
42
20.21
Net margin%
6.62
6.04
5.46
6.33
4.42
3.66
1.14
2.70
0.97
1.18
18.54
1.18
4.04
31
35.55
P/E ratio (avg)x
30.78
31.06
35.46
38.44
37.74
43.00
51.12
56.24
66.34
77.75
31.29
56.24
40.72
13
17.73
EV/EBITx
25.46
24.89
27.63
28.04
30.03
32.58
35.08
41.85
43.84
52.19
25.48
41.85
31.31
46
10.00
FCF yield (avg)%
15.10
17.02
15.03
15.48
13.58
14.66
13.92
15.60
15.16
12.16
17.31
14.66
15.07
19
20.02
FCF margin%
14.63
15.98
15.53
18.45
18.10
20.01
18.84
16.87
15.72
18.31
13.35
18.31
17.48
63
1.386
FCF / Net incomex
0.442
0.475
0.459
0.460
0.455
0.501
0.459
0.499
0.566
0.542
0.450
0.501
0.468
92
2.20
ROIC%
10.18
12.79
14.95
15.51
13.20
12.65
12.42
10.80
8.93
9.12
23.65
10.80
12.54
66
8.68
Return on equity%
22.60
24.41
27.01
24.62
23.95
22.40
20.89
18.59
20.40
22.08
10.90
20.89
22.50
73
22.34
Return on assets%
3.10
4.53
4.21
3.00
0.61
0.40
2.15
2.72
5.07
6.64
6.55
2.72
3.05
71
1.00
EPSE£
1.09
1.25
1.40
1.45
1.69
1.96
2.00
2.33
2.30
2.58
1.12
8.84%
9.52%
—
19.97
EPS growth%
27.13
26.93
27.04
26.27
23.35
23.39
25.08
23.64
21.33
19.66
21.71
23.39
24.36
50
0.47
Bookvalue per shE£
0.77
0.81
0.84
0.82
0.88
0.98
1.04
0.93
1.00
1.00
0.71
2.56%
2.72%
—
0.35
FCF per shareE£
1.02
1.15
1.31
1.40
1.30
1.31
1.22
1.31
1.29
1.32
1.02
0.39%
2.65%
—
1.06
Dividend per shE£
0.52
0.59
0.60
0.63
0.62
0.62
0.69
0.74
0.78
0.75
0.25
3.98%
4.75%
—
21.08
Div yield (avg)%
14.07
11.43
13.91
13.14
13.77
15.24
15.13
12.48
11.47
8.89
27.47
12.48
13.45
58
9.87
Payout ratio%
24.08
26.70
27.99
26.32
28.04
25.57
27.73
25.91
24.15
21.57
24.07
25.57
26.12
82
2.018
Shares (diluted)B
1.851
1.805
1.977
1.919
2.026
1.891
1.739
1.506
1.478
1.604
2.026
(4.56%)
(0.52%)
59
27.84
Buyback yield%
23.64
25.92
28.79
28.34
27.37
24.62
23.24
24.81
24.49
24.95
14.21
24.62
24.88
57
0.441
D/E ratiox
0.532
0.513
0.542
0.565
0.518
0.466
0.478
0.454
0.410
0.420
0.334
0.454
0.495
42
1.438
Enterprise valueE£B
1.736
1.652
1.777
1.647
1.584
1.689
1.607
1.437
1.260
1.110
2.164
(6.87%)
(4.58%)
77
1.729
LT debtE£B
0.558
0.471
0.489
0.513
0.444
0.434
0.461
0.389
0.402
0.404
2.605
(1.85%)
(4.42%)
68
Revenue
E£4.388B
4.20%
1.00×
Cost of revenue
E£2.468B
4.13%
0.99×
Operating expenses
E£787.7M
4.06%
0.99×
Property and equipment
16.43%
Spread over hurdle
11.37%