1.731
RevenueE£B
3.558
3.616
3.831
3.970
4.202
4.419
4.520
4.584
4.686
4.790
1.834
2.65%
3.61%
68
23.35
Revenue growth%
21.42
22.38
20.16
20.36
18.30
20.22
18.09
19.87
22.50
22.99
22.72
20.22
20.29
70
3.02
Gross margin%
27.75
30.67
30.09
31.38
33.06
33.54
34.62
33.53
31.71
29.50
9.56
33.53
31.55
52
21.52
Operating margin%
35.97
37.48
36.59
38.87
38.36
39.48
37.09
34.96
35.74
37.55
3.91
37.09
37.29
87
15.40
Net margin%
21.81
24.71
24.35
26.69
26.16
29.15
28.27
27.71
28.19
28.31
13.85
28.27
27.20
20
17.55
P/E ratio (avg)x
42.91
50.30
53.41
57.98
62.68
63.89
69.19
81.75
93.25
110.2
32.91
81.75
63.28
36
19.64
EV/EBITx
32.27
35.85
41.48
46.16
46.64
53.07
61.96
66.76
75.90
86.49
26.45
66.76
49.85
27
3.16
FCF yield (avg)%
28.14
29.49
26.74
29.73
29.58
26.76
28.09
29.30
31.47
28.93
5.60
28.93
29.11
17
25.24
FCF margin%
18.42
18.91
18.13
17.99
18.75
19.66
16.96
19.22
18.15
18.36
22.54
18.36
18.39
57
1.749
FCF / Net incomex
0.598
0.599
0.662
0.586
0.645
0.642
0.630
0.698
0.719
0.685
1.259
0.685
0.643
91
17.76
ROIC%
9.03
6.96
7.35
7.97
10.17
12.71
11.09
13.04
10.67
8.70
29.57
11.09
9.60
56
18.36
Return on equity%
12.52
13.94
16.25
17.17
16.24
14.43
15.74
15.69
17.63
18.79
16.04
15.74
15.99
38
19.02
Return on assets%
16.45
17.55
19.24
18.29
16.83
16.71
14.45
12.18
10.01
10.86
18.31
12.18
16.58
44
22.28
EPSE£
46.71
45.68
52.03
62.75
66.91
73.83
83.14
84.96
96.60
109.24
24.79
10.30%
9.04%
—
27.41
EPS growth%
10.68
8.89
9.20
7.30
9.78
12.15
9.89
8.88
11.39
11.22
20.16
11.22
9.84
10
18.08
Bookvalue per shE£
52.54
58.46
61.97
71.84
74.14
72.37
85.56
87.75
101.14
103.58
5.73
6.92%
8.80%
—
40.10
FCF per shareE£
20.66
18.95
18.99
19.34
20.31
20.94
23.01
24.78
23.30
25.29
33.60
4.48%
2.75%
—
17.51
Dividend per shE£
43.26
43.20
47.82
53.80
61.43
66.43
69.73
64.99
60.21
59.94
31.35
(0.49%)
3.97%
—
8.49
Div yield (avg)%
16.78
19.21
16.82
17.09
16.76
15.25
16.13
17.92
16.91
19.60
7.00
16.91
16.86
51
12.51
Payout ratio%
30.87
33.31
32.34
31.78
32.14
33.02
32.92
33.63
35.57
34.32
27.81
33.63
32.97
85
52.75
Shares (diluted)M
65.01
62.45
60.65
60.00
59.57
69.04
74.55
72.94
71.35
70.55
52.07
3.44%
0.81%
15
2.37
Buyback yield%
3.58
5.63
4.13
5.12
7.60
8.32
7.33
9.75
12.05
12.40
23.71
9.75
7.47
79
0.264
D/E ratiox
1.348
1.304
1.298
1.363
1.370
1.309
1.197
1.366
1.563
1.517
1.166
1.366
1.355
27
3.149
Enterprise valueE£B
0.414
0.420
0.390
0.339
0.320
0.335
0.296
0.263
0.252
0.262
1.201
(3.90%)
(4.14%)
7
1.415
LT debtE£B
1.578
1.733
1.775
1.964
2.243
2.247
2.416
2.453
2.720
3.147
2.309
7.01%
6.66%
25
Revenue
E£4.790B
3.61%
1.00×
Cost of revenue
E£2.280B
3.11%
0.95×
Operating expenses
E£1.078B
4.07%
1.04×
Spread over hurdle
(12.93%)