5.910
RevenueE£B
6.400
6.781
7.307
7.689
8.371
8.875
9.712
10.58
11.50
12.65
6.220
8.61%
7.89%
88
28.98
Revenue growth%
30.36
28.96
27.32
26.89
24.94
24.50
26.94
29.34
28.01
29.76
15.72
28.01
27.67
64
14.60
Gross margin%
2.20
3.18
3.31
1.45
0.40
0.40
0.83
2.63
2.62
3.22
16.80
2.62
2.41
82
16.56
Operating margin%
24.61
25.80
27.19
28.10
30.60
32.48
34.72
34.02
36.88
36.44
18.69
34.72
31.54
69
29.66
Net margin%
24.73
27.63
27.16
28.42
28.58
29.13
29.34
28.64
31.30
33.18
22.33
29.34
28.61
15
31.22
P/E ratio (avg)x
16.18
15.75
14.81
14.84
15.35
13.81
13.66
13.89
12.89
12.05
11.38
13.66
14.35
95
36.09
EV/EBITx
19.98
20.76
20.57
20.33
23.81
26.86
28.38
28.65
28.75
27.56
22.23
28.38
25.34
8
4.66
FCF yield (avg)%
3.25
1.99
0.40
1.04
1.80
0.40
2.40
0.40
0.52
0.96
7.92
0.52
1.00
13
18.07
FCF margin%
6.08
8.60
7.61
10.57
12.41
13.54
13.88
11.06
8.16
9.34
20.12
11.06
9.95
8
0.693
FCF / Net incomex
2.195
2.186
2.457
2.470
2.798
2.749
3.148
3.121
3.618
3.619
0.158
3.148
2.773
17
22.93
ROIC%
6.41
8.97
6.49
5.55
6.93
9.53
7.90
9.64
9.71
7.22
16.40
9.53
7.56
6
27.17
Return on equity%
13.35
12.74
11.62
9.02
10.58
11.17
12.04
13.99
15.08
12.53
9.24
12.53
12.29
75
14.33
Return on assets%
20.48
19.87
19.27
16.31
14.98
13.65
12.99
11.78
11.19
8.55
17.59
11.78
14.31
56
1.63
EPSE£
1.51
1.68
1.69
1.84
1.89
2.04
1.99
2.15
2.13
2.25
1.77
3.55%
3.30%
—
28.46
EPS growth%
10.92
10.02
11.27
9.44
7.60
8.39
10.91
13.24
11.71
12.04
10.87
11.71
10.91
62
1.96
Bookvalue per shE£
0.63
0.70
0.81
0.93
0.89
0.85
0.82
0.80
0.77
0.90
2.07
0.14%
4.45%
—
2.08
FCF per shareE£
0.88
0.78
0.80
0.72
0.67
0.71
0.77
0.76
0.72
0.66
0.97
(0.26%)
(2.07%)
—
0.67
Dividend per shE£
0.71
0.79
0.84
0.93
1.06
1.09
1.09
1.25
1.48
1.69
2.28
9.86%
8.89%
—
6.89
Div yield (avg)%
19.14
18.08
15.36
13.48
16.46
15.83
15.75
14.96
17.00
16.31
12.79
15.83
16.07
84
2.43
Payout ratio%
20.69
23.48
23.69
21.82
19.82
17.23
15.97
15.53
14.79
13.49
19.40
15.53
18.52
61
3.377
Shares (diluted)B
3.544
3.266
3.578
3.806
4.095
4.664
4.460
4.668
4.463
4.580
3.413
2.26%
1.96%
89
8.32
Buyback yield%
13.77
11.98
14.55
16.80
17.37
16.23
17.27
19.28
17.06
15.25
28.50
17.06
16.51
9
0.143
D/E ratiox
1.314
1.315
1.327
1.471
1.626
1.858
1.873
2.149
2.287
2.663
0.363
2.149
1.742
61
11.88
Enterprise valueE£B
17.21
17.33
20.81
25.15
28.66
32.36
33.25
39.75
43.48
46.59
13.71
10.21%
10.28%
41
14.15
LT debtE£B
3.884
3.803
3.854
4.379
4.907
5.102
5.425
5.910
7.016
7.185
5.435
7.93%
6.48%
68
Revenue
E£12.65B
7.89%
1.00×
Cost of revenue
E£7.396B
7.62%
0.97×
Operating expenses
E£1.836B
8.86%
1.09×
Cash and investments
17.36%
Spread over hurdle
(6.71%)