99.05
RevenueE£M
310.4
320.6
326.5
339.8
353.4
371.1
389.0
405.0
425.1
447.9
106.9
4.85%
3.89%
25
29.50
Revenue growth%
16.90
16.54
15.28
17.68
18.50
17.46
19.31
19.48
19.52
20.05
11.31
19.48
18.09
32
18.09
Gross margin%
6.54
8.29
9.09
10.35
7.63
6.58
9.13
9.71
7.33
9.59
24.58
9.13
8.69
9
21.69
Operating margin%
25.91
23.21
23.22
21.72
21.65
23.56
21.94
19.60
19.43
20.56
20.49
20.56
21.83
10
29.91
Net margin%
15.42
12.48
13.70
11.86
10.22
8.74
6.36
7.89
10.55
11.36
24.33
8.74
10.96
28
15.82
P/E ratio (avg)x
9.155
8.502
8.406
7.937
7.427
6.691
6.894
6.936
7.095
6.665
25.10
6.894
7.261
52
25.61
EV/EBITx
24.46
25.75
25.55
26.92
26.81
30.21
34.55
33.39
32.94
34.93
36.51
33.39
28.56
21
23.50
FCF yield (avg)%
7.97
6.88
8.21
6.68
3.87
2.26
3.63
2.77
3.69
4.73
7.32
3.63
4.30
85
16.71
FCF margin%
22.29
21.11
21.29
22.77
24.93
25.44
24.30
23.73
24.07
21.77
19.57
24.07
23.25
62
1.135
FCF / Net incomex
0.466
0.424
0.396
0.403
0.395
0.370
0.327
0.299
0.286
0.272
0.799
0.299
0.382
62
17.17
ROIC%
22.96
24.99
26.50
26.61
24.15
27.14
25.96
25.93
24.98
25.48
22.38
25.93
25.71
89
19.00
Return on equity%
16.68
19.45
20.13
19.01
18.01
18.83
16.73
16.38
17.66
16.11
12.96
16.73
17.84
70
11.21
Return on assets%
13.70
13.36
16.32
18.72
17.32
19.95
20.79
20.56
22.19
20.46
25.31
20.56
19.33
63
0.32
EPSE£
0.95
0.98
1.07
1.20
1.35
1.38
1.57
1.82
1.84
1.75
0.34
5.30%
7.74%
—
5.19
EPS growth%
9.58
11.47
13.41
10.79
11.47
13.47
15.64
13.95
13.68
15.44
8.29
13.95
13.44
21
0.12
Bookvalue per shE£
0.32
0.32
0.31
0.29
0.27
0.25
0.24
0.22
0.23
0.21
0.20
(4.98%)
(3.26%)
—
0.12
FCF per shareE£
0.32
0.32
0.32
0.31
0.29
0.29
0.30
0.28
0.30
0.30
0.46
0.35%
(0.09%)
—
0.23
Dividend per shE£
0.77
0.82
0.93
1.09
1.19
1.38
1.44
1.69
1.76
1.96
0.39
10.51%
9.59%
—
2.28
Div yield (avg)%
24.23
23.71
24.68
26.47
24.74
23.94
22.18
24.65
24.73
25.41
22.07
24.65
24.67
52
28.63
Payout ratio%
27.16
28.03
27.75
29.42
31.77
29.40
27.85
27.60
28.00
28.14
12.35
28.00
28.02
56
237.3
Shares (diluted)M
272.2
296.8
300.0
336.1
307.6
321.4
300.8
336.0
354.6
336.0
246.2
1.79%
2.99%
89
26.77
Buyback yield%
32.09
32.00
32.33
30.58
27.83
27.32
24.40
22.32
23.89
24.04
12.49
24.04
27.57
90
1.725
D/E ratiox
1.549
1.463
1.433
1.646
1.771
1.881
1.848
1.950
2.107
1.975
1.014
1.950
1.809
8
150.9
Enterprise valueE£M
335.5
394.8
422.7
434.5
443.6
446.6
446.1
487.6
510.0
493.0
120.0
2.13%
4.54%
54
354.5
LT debtE£M
297.3
294.7
294.7
330.9
367.6
374.2
384.7
373.2
376.4
363.3
191.1
(0.23%)
1.62%
52
Revenue
E£447.9M
3.89%
1.00×
Cost of revenue
E£205.8M
4.27%
1.04×
Operating expenses
E£99.87M
3.31%
0.95×
Cash and investments
18.28%
Spread over hurdle
19.03%