1.920
RevenueE£B
1.309
1.338
1.417
1.470
1.522
1.604
1.686
1.741
1.846
2.122
2.186
4.66%
4.71%
40
28.07
Revenue growth%
6.64
8.45
9.24
10.56
8.61
7.11
4.30
3.41
4.77
4.04
22.83
4.77
6.87
30
29.42
Gross margin%
14.87
13.29
11.73
10.97
12.53
15.24
15.47
18.43
20.52
3.92
26.98
15.47
15.06
29
18.95
Operating margin%
26.00
26.00
26.98
28.16
29.89
31.66
29.81
31.31
33.81
28.64
22.28
31.31
28.98
70
28.31
Net margin%
10.89
11.33
9.28
11.02
9.77
8.97
7.03
7.47
8.73
4.22
17.59
8.73
9.52
64
32.74
P/E ratio (avg)x
31.12
30.46
30.35
29.59
32.48
30.89
36.41
36.58
39.75
32.83
6.869
36.41
31.17
87
20.76
EV/EBITx
23.91
25.24
26.88
28.23
28.75
28.51
30.36
35.62
40.45
24.07
25.03
30.36
28.37
55
28.53
FCF yield (avg)%
27.52
28.95
29.68
29.74
28.31
27.90
30.74
33.47
33.34
28.29
10.38
30.74
29.71
54
21.28
FCF margin%
16.22
17.67
17.80
15.28
16.13
17.90
15.93
17.17
18.51
22.05
25.27
17.17
16.69
30
0.551
FCF / Net incomex
1.914
1.878
1.951
1.918
1.977
2.306
2.647
2.882
2.816
1.708
1.284
2.647
1.964
54
17.37
ROIC%
13.51
13.08
12.00
14.89
15.64
13.94
12.68
10.49
10.06
9.06
29.81
12.68
12.88
47
13.48
Return on equity%
13.73
16.29
15.97
18.75
17.03
14.21
17.05
15.48
12.90
10.12
4.83
15.48
16.13
64
7.93
Return on assets%
14.07
16.70
18.85
16.96
17.69
16.00
17.24
17.15
16.87
29.57
26.65
17.15
16.91
47
1.57
EPSE£
1.92
1.88
2.04
2.15
2.32
2.33
2.59
2.42
2.23
1.67
1.82
0.75%
3.26%
—
23.10
EPS growth%
19.96
18.89
19.38
17.84
20.79
18.17
19.37
18.80
16.82
8.88
3.67
18.80
19.13
88
0.85
Bookvalue per shE£
1.95
2.10
1.86
1.78
1.60
1.55
1.36
1.49
1.31
2.66
4.23
(5.92%)
(4.61%)
—
1.85
FCF per shareE£
4.79
4.75
5.35
6.03
5.85
5.75
6.52
6.18
5.97
0.75
1.09
(0.22%)
3.14%
—
2.75
Dividend per shE£
1.02
1.01
1.16
1.24
1.34
1.30
1.38
1.41
1.30
1.65
3.25
0.87%
2.86%
—
7.02
Div yield (avg)%
1.08
2.47
4.41
7.37
9.82
9.24
11.31
9.49
9.65
17.93
29.16
9.65
8.30
79
5.39
Payout ratio%
10.70
12.38
12.87
10.43
10.04
7.41
8.78
6.81
9.57
2.51
7.39
8.78
10.23
51
483.6
Shares (diluted)M
349.0
314.0
314.0
288.0
292.2
316.1
269.5
270.5
292.4
507.4
511.9
0.31%
(3.98%)
24
4.87
Buyback yield%
11.12
10.77
10.69
8.40
9.42
8.38
10.75
13.21
11.14
19.34
16.77
10.75
10.76
13
0.316
D/E ratiox
1.995
1.835
1.698
1.764
1.607
1.388
1.368
1.477
1.520
0.154
1.101
1.477
1.652
36
0.625
Enterprise valueE£B
1.816
1.976
2.048
1.979
1.765
1.873
1.893
2.036
2.215
0.909
1.202
2.28%
2.14%
90
0.245
LT debtE£B
0.538
0.508
0.509
0.447
0.392
0.340
0.333
0.315
0.324
0.968
1.307
(6.24%)
(6.35%)
8
Revenue
E£1.846B
4.71%
1.00×
Cost of revenue
E£1.104B
4.88%
1.02×
Operating expenses
E£418.3M
4.37%
0.97×
Spread over hurdle
(11.36%)