0.889
RevenueE£B
1.097
1.171
1.280
1.364
1.468
1.604
1.712
1.872
2.043
2.180
0.988
8.23%
7.81%
52
12.83
Revenue growth%
12.08
14.06
12.67
10.73
11.67
13.86
14.79
13.94
12.66
11.10
13.46
13.86
12.67
41
25.56
Gross margin%
10.37
12.94
9.95
10.18
12.60
11.68
10.73
10.08
9.63
10.93
27.82
10.73
10.55
16
7.25
Operating margin%
17.77
16.60
18.41
20.13
19.48
20.03
18.23
16.92
16.69
16.64
20.93
16.92
18.00
29
21.75
Net margin%
18.99
16.51
15.36
12.54
13.90
15.03
13.72
16.47
15.09
12.89
23.93
15.03
15.06
29
17.31
P/E ratio (avg)x
14.91
15.36
14.95
13.63
13.18
13.14
13.93
14.87
13.81
13.86
28.40
13.86
13.89
60
36.28
EV/EBITx
26.27
26.60
28.55
27.13
25.02
22.49
24.64
22.48
21.33
20.81
15.63
22.48
24.83
6
19.10
FCF yield (avg)%
28.62
27.25
29.49
28.46
30.60
29.72
32.23
29.36
28.86
29.81
23.41
29.72
29.42
22
14.72
FCF margin%
6.16
6.20
8.11
5.32
4.27
2.39
2.01
0.47
0.40
1.56
17.72
1.56
3.33
36
0.652
FCF / Net incomex
0.225
0.203
0.206
0.195
0.176
0.163
0.166
0.181
0.192
0.188
0.384
0.181
0.190
20
24.40
ROIC%
29.80
31.90
28.97
25.99
27.03
28.82
28.10
27.94
25.65
26.95
9.03
27.94
28.02
38
10.01
Return on equity%
7.13
4.31
3.21
2.87
0.40
0.40
0.40
0.40
0.40
2.46
15.34
0.40
1.43
36
26.85
Return on assets%
12.32
11.66
11.25
12.30
12.39
13.58
15.27
12.35
12.29
14.56
11.56
13.58
12.34
15
12.40
EPSE£
8.22
8.73
8.67
8.03
7.20
6.39
6.07
6.03
5.88
6.27
13.33
(2.73%)
(2.46%)
—
6.26
EPS growth%
11.34
10.47
8.50
11.49
12.65
11.55
8.93
9.49
7.05
6.62
9.90
8.93
9.98
14
19.70
Bookvalue per shE£
26.09
26.42
25.41
27.07
25.70
23.17
24.24
21.76
20.51
22.82
20.31
(2.35%)
(1.63%)
—
13.93
FCF per shareE£
10.23
10.54
11.19
11.48
13.29
14.58
14.46
14.61
13.69
13.28
10.45
—
2.35%
—
20.70
Dividend per shE£
36.95
41.35
40.21
41.79
38.38
43.89
40.10
45.89
45.87
47.40
35.13
4.31%
2.47%
—
12.73
Div yield (avg)%
20.18
20.43
19.39
18.67
17.18
19.96
17.13
16.14
18.21
17.82
15.70
17.82
18.44
73
22.04
Payout ratio%
25.71
26.08
26.25
26.11
23.24
22.94
24.33
23.09
22.83
23.90
6.54
23.09
24.12
90
23.69
Shares (diluted)M
27.08
26.06
26.29
28.07
31.41
31.41
33.07
38.13
36.50
34.75
23.39
2.04%
2.73%
77
11.90
Buyback yield%
21.61
21.90
19.37
20.56
21.33
24.13
24.48
24.99
24.54
26.77
4.05
24.54
23.01
38
1.549
D/E ratiox
1.285
1.427
1.435
1.365
1.416
1.510
1.650
1.669
1.865
2.080
0.396
1.669
1.472
52
0.414
Enterprise valueE£B
1.726
1.692
1.610
1.557
1.770
1.888
1.803
1.716
1.892
1.987
1.655
2.35%
0.87%
71
2.225
LT debtE£B
3.112
3.401
3.945
4.370
4.306
4.424
4.961
5.309
6.186
6.659
1.763
9.11%
9.20%
35
Revenue
E£2.180B
7.81%
1.00×
Cost of revenue
E£1.526B
7.81%
1.00×
Operating expenses
E£328.2M
6.90%
0.92×
Spread over hurdle
(9.08%)