1.533
RevenueE£B
0.835
0.900
0.986
1.078
1.165
1.241
1.314
1.406
1.515
1.639
1.691
7.08%
7.87%
80
5.02
Revenue growth%
16.31
16.84
18.06
16.69
13.99
15.79
13.18
11.65
13.15
14.91
26.53
13.18
15.35
66
23.03
Gross margin%
3.15
2.77
2.52
4.89
4.66
6.75
9.37
12.08
14.17
12.87
27.53
12.08
5.82
61
14.68
Operating margin%
27.48
29.28
30.68
29.31
31.11
32.48
33.19
33.18
33.15
31.06
22.51
33.15
31.08
95
22.57
Net margin%
4.16
2.03
0.40
0.40
0.40
0.40
0.40
0.40
0.40
0.40
5.86
0.40
0.40
88
7.904
P/E ratio (avg)x
11.98
12.60
12.85
14.43
14.47
15.26
17.12
17.96
19.12
22.07
10.82
17.96
14.86
77
19.50
EV/EBITx
6.358
6.940
7.088
6.154
6.090
5.938
6.015
6.298
6.631
6.901
26.79
6.298
6.328
25
15.25
FCF yield (avg)%
9.84
12.19
10.09
12.71
15.66
17.42
18.48
18.98
20.47
20.33
23.61
18.98
16.54
34
29.61
FCF margin%
17.64
14.68
16.68
13.88
11.39
9.41
11.09
11.96
14.04
16.04
5.00
11.96
13.96
87
0.138
FCF / Net incomex
0.508
0.571
0.541
0.594
0.600
0.545
0.512
0.512
0.550
0.570
0.885
0.545
0.548
70
5.36
ROIC%
11.24
13.27
13.57
10.60
12.63
14.36
15.31
14.61
16.97
19.30
16.88
15.31
13.96
87
19.18
Return on equity%
23.12
24.92
26.01
26.82
26.71
23.92
23.50
26.25
27.55
28.17
22.01
26.25
26.13
15
2.77
Return on assets%
22.37
21.26
19.70
19.81
18.12
17.81
20.24
19.01
21.71
20.52
19.83
20.24
20.02
44
1.48
EPSE£
3.05
2.82
2.61
2.36
2.50
2.38
2.44
2.44
2.44
2.72
1.63
1.68%
0.05%
—
9.20
EPS growth%
11.65
13.17
10.31
12.08
11.76
9.88
12.56
13.32
11.16
8.98
22.85
11.16
11.70
67
7.58
Bookvalue per shE£
2.40
2.58
2.64
2.54
2.76
2.55
2.64
2.44
2.26
2.60
5.61
(1.13%)
0.59%
—
3.22
FCF per shareE£
2.00
2.02
2.11
2.13
2.17
2.21
2.07
2.30
2.56
2.66
6.82
4.16%
2.17%
—
1.76
Dividend per shE£
3.73
3.62
3.92
3.59
3.65
3.91
4.23
4.60
4.71
5.21
1.57
7.40%
2.53%
—
18.14
Div yield (avg)%
5.56
7.14
8.94
10.65
10.08
9.23
8.58
5.96
6.82
9.27
11.50
8.58
8.76
25
19.20
Payout ratio%
9.48
8.99
8.90
10.88
8.63
6.03
8.12
9.51
10.68
9.04
25.45
9.04
9.01
91
220.0
Shares (diluted)M
313.7
339.8
356.2
402.1
393.5
421.6
413.7
433.5
441.3
436.3
228.8
2.08%
3.15%
26
25.00
Buyback yield%
24.98
24.23
23.41
24.30
25.08
24.52
24.43
22.37
20.41
23.24
22.33
23.24
24.26
6
0.931
D/E ratiox
1.698
1.622
1.859
1.932
2.245
2.302
2.645
2.844
3.018
3.033
1.774
2.844
2.274
17
1.169
Enterprise valueE£B
0.931
0.994
1.058
1.151
1.082
1.082
1.169
1.195
1.339
1.547
0.476
7.42%
6.07%
65
0.747
LT debtE£B
1.703
1.628
1.733
1.591
1.723
1.778
1.633
1.554
1.581
1.488
1.544
(2.89%)
(1.40%)
75
Revenue
E£1.639B
7.87%
1.00×
Cost of revenue
E£1.060B
7.48%
0.96×
Operating expenses
E£399.1M
8.23%
1.03×
Goodwill & intangibles
16.35%
Property and equipment
15.82%
Spread over hurdle
(17.52%)