3.754
RevenueE£B
2.722
2.819
3.049
3.274
3.465
3.590
3.857
4.156
4.468
4.776
3.894
6.62%
6.27%
83
17.53
Revenue growth%
9.18
11.78
12.63
14.23
14.33
14.12
14.48
16.90
18.40
19.39
4.80
16.90
14.28
11
17.23
Gross margin%
7.56
7.69
9.00
8.06
6.26
3.28
2.16
3.99
1.94
1.82
8.96
2.16
5.12
44
15.94
Operating margin%
23.33
23.18
25.62
27.92
30.49
30.83
30.38
32.06
33.04
34.04
6.56
32.06
30.44
59
14.55
Net margin%
23.37
25.66
24.97
25.44
23.68
22.41
24.50
22.31
19.96
19.35
6.63
22.31
23.52
75
29.52
P/E ratio (avg)x
17.98
19.09
17.51
19.19
21.31
19.41
18.71
19.52
17.34
15.59
10.97
18.71
18.90
32
7.320
EV/EBITx
50.88
50.33
59.07
67.46
67.12
70.63
68.02
75.81
80.62
87.98
10.02
75.81
67.74
40
16.71
FCF yield (avg)%
16.97
19.25
21.61
19.34
21.56
23.62
22.40
20.55
19.45
20.58
5.20
20.58
20.56
84
5.00
FCF margin%
26.79
26.00
27.52
25.18
26.65
27.33
29.13
31.80
34.71
34.21
2.73
31.80
27.42
45
1.461
FCF / Net incomex
1.169
1.126
1.201
1.248
1.241
1.336
1.333
1.598
1.912
1.884
0.309
1.598
1.290
59
9.60
ROIC%
24.25
26.30
24.55
23.82
21.22
21.32
20.93
22.89
25.68
23.82
28.60
22.89
23.82
28
2.00
Return on equity%
3.02
2.44
1.54
0.87
3.70
5.49
4.42
7.20
8.61
8.20
7.48
7.20
4.06
72
20.05
Return on assets%
26.54
24.27
25.05
26.73
26.12
24.33
25.47
24.64
22.96
23.65
23.54
24.33
24.84
74
0.48
EPSE£
1.12
1.13
1.13
1.23
1.27
1.46
1.45
1.75
1.93
2.21
0.53
11.66%
7.40%
—
23.31
EPS growth%
23.04
23.12
21.71
19.22
17.78
17.15
18.84
19.44
19.40
20.18
17.95
19.40
19.42
51
0.62
Bookvalue per shE£
0.24
0.22
0.21
0.20
0.20
0.17
0.17
0.18
0.18
0.17
0.67
(3.33%)
(4.11%)
—
0.90
FCF per shareE£
0.20
0.22
0.22
0.23
0.27
0.28
0.27
0.30
0.30
0.35
0.56
5.33%
5.90%
—
0.50
Dividend per shE£
0.21
0.25
0.28
0.27
0.31
0.35
0.37
0.43
0.44
0.48
0.34
8.89%
9.15%
—
19.75
Div yield (avg)%
16.89
14.09
11.92
14.33
17.18
19.99
19.25
20.86
23.36
23.36
25.13
20.86
18.21
25
8.94
Payout ratio%
13.85
14.59
15.20
17.26
19.40
21.20
18.34
17.82
14.98
15.97
19.32
17.82
16.61
69
2.194
Shares (diluted)B
1.866
1.838
2.018
2.051
1.863
2.062
2.143
2.114
2.288
2.405
2.196
5.24%
3.54%
18
28.43
Buyback yield%
1.07
0.40
0.40
0.40
0.40
0.40
0.58
0.85
0.40
1.67
12.62
0.58
0.40
91
0.649
D/E ratiox
1.064
1.205
1.341
1.497
1.401
1.393
1.524
1.738
1.734
1.914
1.209
1.734
1.449
60
0.915
Enterprise valueE£B
2.730
2.772
3.011
3.170
3.376
3.661
3.499
3.609
3.160
3.181
2.726
(1.18%)
1.07%
41
2.687
LT debtE£B
3.029
2.998
2.799
2.786
2.658
2.464
2.432
2.527
2.259
2.233
0.352
(3.42%)
(3.51%)
93
Revenue
E£4.776B
6.27%
1.00×
Cost of revenue
E£3.042B
6.46%
1.02×
Operating expenses
E£701.3M
6.31%
1.00×
Spread over hurdle
44.73%