624.1
RevenueE£M
547.6
569.7
580.7
614.0
626.1
652.0
684.2
717.0
734.0
755.1
638.3
3.82%
3.68%
39
21.43
Revenue growth%
11.21
9.86
12.62
9.85
12.06
13.03
12.01
14.89
12.34
15.12
19.26
13.03
12.20
86
6.26
Gross margin%
24.24
21.80
24.71
25.03
26.21
27.27
25.95
28.95
28.29
25.49
18.23
27.27
25.72
91
5.04
Operating margin%
11.12
13.19
10.46
8.46
7.82
6.45
6.16
8.30
10.31
10.78
3.00
8.30
9.38
14
26.51
Net margin%
27.41
30.21
28.42
30.14
29.06
28.95
29.42
31.10
30.75
30.80
27.43
30.75
29.78
39
35.70
P/E ratio (avg)x
7.764
7.924
6.873
7.214
6.491
6.270
6.269
5.910
5.289
5.369
7.898
5.910
6.380
37
37.72
EV/EBITx
14.19
14.19
15.30
16.80
16.21
18.12
18.10
19.44
19.74
19.74
24.46
19.44
17.45
75
21.20
FCF yield (avg)%
16.01
18.80
18.85
20.53
19.54
19.84
19.67
21.07
19.04
17.65
3.28
19.67
19.29
82
27.41
FCF margin%
13.14
11.18
12.96
10.03
7.54
9.98
7.01
5.43
3.96
2.07
12.80
5.43
8.76
75
0.725
FCF / Net incomex
1.479
1.790
1.831
2.188
2.513
2.758
2.828
3.326
3.525
4.037
0.174
3.326
2.636
62
13.31
ROIC%
12.33
15.24
14.63
16.93
16.84
19.38
16.42
17.98
16.69
14.07
13.04
16.69
16.55
85
27.29
Return on equity%
7.44
4.81
6.62
9.33
7.08
4.70
2.72
0.74
1.60
1.96
23.32
1.96
4.76
73
3.07
Return on assets%
0.40
0.40
2.74
3.09
3.51
2.15
2.60
4.84
7.79
7.82
21.46
4.84
2.92
20
0.19
EPSE£
0.04
0.03
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.21
(0.91%)
(0.60%)
—
14.30
EPS growth%
18.06
19.07
20.47
18.46
19.31
21.21
18.32
21.19
19.71
17.24
19.31
19.71
19.19
87
0.07
Bookvalue per shE£
0.05
0.05
0.06
0.06
0.06
0.06
0.06
0.06
0.07
0.08
0.07
5.95%
5.88%
—
0.05
FCF per shareE£
0.19
0.20
0.20
0.21
0.23
0.22
0.25
0.25
0.26
0.27
0.14
3.52%
3.49%
—
0.21
Dividend per shE£
0.10
0.12
0.12
0.13
0.15
0.17
0.17
0.19
0.20
0.20
0.16
6.34%
5.96%
—
28.86
Div yield (avg)%
29.90
30.79
32.46
32.58
32.41
35.25
35.72
35.93
33.15
30.32
15.44
35.25
32.52
61
26.24
Payout ratio%
15.08
14.71
17.24
15.35
17.85
18.41
17.16
17.87
18.81
17.12
10.87
17.87
17.20
29
1.660
Shares (diluted)B
1.335
1.242
1.279
1.090
1.006
0.897
0.874
0.833
0.705
0.693
1.645
(7.19%)
(7.32%)
59
20.67
Buyback yield%
15.68
16.63
19.01
16.78
14.59
16.42
15.90
14.64
13.60
11.52
25.83
14.64
15.79
78
1.000
D/E ratiox
0.469
0.442
0.419
0.449
0.474
0.419
0.436
0.415
0.404
0.370
0.762
0.415
0.427
13
0.229
Enterprise valueE£B
0.651
0.636
0.732
0.804
0.972
1.124
1.215
1.302
1.296
1.363
0.080
7.01%
8.09%
85
626.8
LT debtE£M
478.8
481.2
501.5
549.6
542.1
596.7
643.3
619.0
638.8
590.0
613.6
1.71%
1.48%
46
Revenue
E£755.1M
3.68%
1.00×
Cost of revenue
E£439.4M
3.70%
1.00×
Operating expenses
E£130.2M
3.97%
1.03×
Cash and investments
18.70%
Spread over hurdle
(16.25%)