693.1
RevenueE£M
373.6
389.1
398.4
425.0
451.7
469.6
488.5
513.9
549.8
585.8
756.2
5.34%
5.26%
91
21.66
Revenue growth%
31.53
31.95
33.37
33.57
36.07
37.77
38.37
36.40
36.17
34.40
5.10
36.40
35.23
57
26.82
Gross margin%
2.18
4.35
1.67
0.76
2.65
0.40
2.29
3.06
3.01
1.83
21.89
2.29
2.23
62
4.11
Operating margin%
29.67
29.23
28.38
31.22
30.10
29.86
30.86
31.05
28.61
26.26
15.18
29.86
29.76
86
29.04
Net margin%
14.17
12.13
11.48
12.87
14.71
13.82
11.19
9.96
8.01
7.77
22.94
9.96
11.81
88
12.35
P/E ratio (avg)x
29.82
32.87
36.19
36.86
42.49
46.18
54.48
62.57
66.05
74.57
21.66
62.57
44.33
30
34.85
EV/EBITx
44.74
44.54
53.05
62.26
69.71
68.43
72.89
88.27
105.4
116.3
37.06
88.27
69.07
59
15.93
FCF yield (avg)%
14.33
12.76
14.87
15.26
15.64
13.51
13.09
14.41
14.02
12.72
22.87
13.51
14.17
34
15.82
FCF margin%
24.16
23.07
23.05
22.57
24.65
21.98
23.19
25.42
25.92
28.87
4.54
25.42
23.68
95
0.672
FCF / Net incomex
1.356
1.453
1.348
1.440
1.536
1.524
1.514
1.436
1.318
1.197
1.238
1.436
1.438
53
26.34
ROIC%
11.78
13.13
13.69
15.18
17.56
20.25
21.18
21.53
22.05
19.34
28.06
21.18
18.45
51
23.47
Return on equity%
20.99
20.20
21.55
18.81
17.07
19.76
17.05
16.96
18.36
17.55
17.19
17.55
18.58
56
17.68
Return on assets%
23.93
23.35
24.90
23.78
25.51
23.40
24.81
22.56
24.69
25.69
6.65
24.69
24.31
35
2.83
EPSE£
2.74
2.64
3.07
2.99
3.19
3.37
3.39
3.50
4.08
4.70
3.08
8.11%
5.07%
—
22.06
EPS growth%
24.38
26.80
28.76
27.01
27.68
25.14
24.42
27.17
24.57
21.92
6.64
24.57
25.97
65
1.19
Bookvalue per shE£
1.04
1.14
1.09
1.13
1.13
1.16
1.12
1.11
1.11
0.98
0.50
(2.72%)
(0.10%)
—
0.85
FCF per shareE£
4.34
4.35
4.64
4.90
5.05
5.81
5.88
6.21
6.90
7.87
1.94
9.29%
7.54%
—
1.72
Dividend per shE£
1.85
2.02
2.09
2.18
2.44
2.79
2.74
2.90
3.10
2.88
2.81
3.36%
5.41%
—
27.61
Div yield (avg)%
19.14
17.08
19.10
17.21
20.00
22.06
20.11
22.79
23.03
21.79
4.84
22.06
20.05
30
10.62
Payout ratio%
27.73
30.22
27.34
27.04
26.11
24.17
22.74
21.97
20.59
19.25
8.28
21.97
25.14
10
91.88
Shares (diluted)M
101.1
90.10
89.64
90.27
89.90
99.13
92.88
91.87
80.09
79.38
87.38
(2.46%)
(2.95%)
43
19.17
Buyback yield%
14.37
15.56
17.40
19.05
21.96
23.46
20.49
19.06
17.08
16.12
22.81
19.06
18.22
94
0.503
D/E ratiox
0.935
0.925
0.960
1.012
1.137
1.139
1.196
1.251
1.282
1.452
0.331
1.251
1.138
94
122.8
Enterprise valueE£M
633.8
673.8
716.2
752.1
809.0
866.2
935.5
961.9
944.5
863.5
170.5
1.31%
3.27%
85
0.242
LT debtE£B
0.935
1.011
1.091
1.266
1.384
1.523
1.728
1.976
1.952
2.042
0.313
8.09%
8.96%
61
Revenue
E£585.8M
5.26%
1.00×
Cost of revenue
E£374.7M
4.93%
0.97×
Operating expenses
E£101.3M
6.18%
1.09×
Cash and investments
18.24%
Spread over hurdle
(14.48%)