2.965
RevenueE£B
4.242
4.412
4.514
4.653
4.870
5.167
5.403
5.697
5.822
5.966
3.132
4.14%
4.07%
91
19.04
Revenue growth%
9.09
10.12
10.39
12.32
15.01
16.33
16.35
17.41
16.03
17.74
29.49
16.35
15.52
19
26.98
Gross margin%
12.57
14.22
14.30
15.20
16.94
18.12
18.72
21.71
20.50
18.93
13.32
18.93
17.53
90
17.11
Operating margin%
8.43
10.45
7.82
10.18
12.62
14.25
14.63
13.99
12.42
10.15
9.10
13.99
11.43
21
19.05
Net margin%
32.74
32.69
31.71
30.88
30.53
28.56
26.41
28.93
31.53
31.34
10.27
28.93
31.11
15
35.16
P/E ratio (avg)x
21.18
20.53
19.20
18.50
18.19
16.53
17.81
16.04
14.26
12.99
20.27
16.04
18.00
73
8.617
EV/EBITx
17.62
16.63
17.15
16.50
18.51
17.65
15.98
17.47
19.22
18.12
31.92
17.65
17.54
61
2.99
FCF yield (avg)%
28.17
28.96
31.93
34.33
32.23
33.90
34.57
33.13
30.92
29.40
8.69
33.13
32.08
31
8.65
FCF margin%
3.10
4.58
7.28
8.69
7.00
7.99
7.75
7.31
6.11
3.97
23.09
7.31
7.14
47
0.144
FCF / Net incomex
0.978
1.043
0.981
1.040
1.033
1.167
1.139
1.292
1.507
1.499
0.369
1.292
1.091
71
7.21
ROIC%
0.40
3.32
3.44
0.75
0.40
2.77
0.47
0.40
0.40
0.40
21.70
0.40
0.44
39
25.99
Return on equity%
11.69
14.39
14.68
17.13
14.65
14.71
15.79
16.43
17.56
16.48
19.03
16.43
15.25
72
8.37
Return on assets%
23.52
25.96
26.69
24.66
23.09
21.65
24.65
25.81
23.91
23.95
26.61
23.95
24.30
80
5.30
EPSE£
5.71
6.26
6.89
7.09
6.89
6.59
7.70
8.59
8.55
9.19
5.54
5.92%
5.53%
—
9.86
EPS growth%
16.63
16.27
18.92
19.66
21.24
20.65
22.95
24.67
22.00
23.41
3.09
22.95
20.95
18
10.74
Bookvalue per shE£
9.81
10.36
11.67
13.30
13.83
14.11
15.98
17.73
17.70
17.85
3.78
5.24%
7.24%
—
10.90
FCF per shareE£
7.30
7.21
7.73
7.41
7.63
7.82
7.00
7.58
7.70
7.57
1.74
(0.14%)
0.46%
—
2.98
Dividend per shE£
14.69
15.76
18.09
20.15
21.34
22.38
24.23
25.39
29.92
28.54
7.24
5.98%
8.55%
—
13.44
Div yield (avg)%
3.51
5.76
5.34
7.76
4.89
3.14
2.05
3.66
3.65
5.49
26.57
3.65
4.28
79
22.95
Payout ratio%
22.08
21.56
21.83
19.95
22.55
20.65
23.26
20.90
20.86
17.99
12.40
20.86
21.23
44
389.1
Shares (diluted)M
355.9
354.7
324.3
289.2
300.8
276.7
261.0
270.4
257.5
289.0
409.0
(0.80%)
(2.47%)
32
6.86
Buyback yield%
14.52
15.95
13.74
16.21
13.41
11.11
11.94
12.84
15.25
13.32
10.09
12.84
13.57
46
1.412
D/E ratiox
0.957
1.006
1.015
0.929
0.879
0.950
1.016
0.930
0.916
0.864
1.095
0.930
0.940
21
4.034
Enterprise valueE£B
5.470
5.777
6.189
6.024
6.727
7.600
8.510
9.751
11.10
11.84
0.831
11.97%
9.20%
85
3.262
LT debtE£B
1.095
1.201
1.285
1.325
1.260
1.244
1.170
1.172
1.300
1.242
3.131
(0.29%)
2.10%
27
Revenue
E£5.966B
4.07%
1.00×
Cost of revenue
E£3.993B
3.88%
0.98×
Operating expenses
E£1.047B
4.71%
1.06×
Goodwill & intangibles
18.28%
Spread over hurdle
(15.25%)