1.027
RevenueE£B
1.281
1.342
1.364
1.427
1.482
1.519
1.558
1.590
1.643
1.708
1.080
2.87%
3.33%
39
22.50
Revenue growth%
13.48
16.45
19.44
20.98
19.60
18.03
18.81
16.12
16.87
19.12
20.06
18.03
18.42
44
9.47
Gross margin%
6.03
5.17
5.04
6.87
9.65
8.44
8.80
9.32
10.95
10.01
3.33
9.32
8.62
64
15.94
Operating margin%
1.23
2.48
4.63
1.70
3.99
5.49
5.54
3.54
4.85
2.35
11.07
4.85
3.76
27
17.73
Net margin%
8.97
7.97
10.51
8.88
8.26
5.46
3.93
2.66
5.18
2.98
27.24
3.93
6.71
76
15.34
P/E ratio (avg)x
23.57
21.05
19.72
18.67
18.16
19.81
18.23
16.84
16.21
14.46
10.39
16.84
18.45
67
29.91
EV/EBITx
26.02
25.79
24.27
24.52
26.38
24.55
26.18
27.23
26.08
24.77
30.60
26.08
25.90
52
9.83
FCF yield (avg)%
3.55
1.50
2.97
4.94
4.07
6.19
5.24
6.61
7.71
6.54
17.40
6.54
5.09
44
23.59
FCF margin%
25.84
26.02
28.45
27.83
27.37
26.96
24.91
23.23
26.20
24.32
14.85
24.91
26.11
59
1.140
FCF / Net incomex
3.323
3.626
4.115
4.257
4.638
4.968
5.368
5.713
6.351
7.334
1.627
5.713
4.803
54
6.55
ROIC%
21.21
23.76
22.21
22.45
21.56
22.50
22.70
24.16
26.97
26.59
21.81
24.16
22.60
32
14.95
Return on equity%
7.40
9.11
8.18
6.74
5.02
6.86
5.32
7.32
8.26
8.10
19.82
7.32
7.36
44
13.51
Return on assets%
4.83
6.65
9.50
8.49
11.10
8.88
10.55
10.00
11.42
11.28
4.11
10.55
9.75
46
0.53
EPSE£
0.58
0.64
0.61
0.60
0.61
0.68
0.75
0.76
0.83
0.80
0.56
5.65%
4.25%
—
18.77
EPS growth%
1.27
0.40
0.40
0.40
0.40
0.40
0.40
0.40
1.75
0.40
13.68
0.40
0.40
71
0.29
Bookvalue per shE£
0.49
0.48
0.53
0.58
0.68
0.70
0.72
0.78
0.78
0.80
0.18
3.29%
5.84%
—
0.70
FCF per shareE£
0.99
1.08
1.20
1.27
1.48
1.45
1.61
1.70
1.95
2.26
0.75
8.83%
9.74%
—
0.75
Dividend per shE£
0.16
0.14
0.12
0.11
0.10
0.10
0.08
0.08
0.08
0.08
0.24
(3.92%)
(7.47%)
—
14.16
Div yield (avg)%
18.41
16.48
15.21
14.10
12.51
13.29
11.11
13.04
10.53
12.98
27.44
12.98
13.17
21
5.91
Payout ratio%
22.85
22.20
20.42
19.82
17.77
17.35
16.13
16.52
14.26
13.78
22.20
16.13
17.56
9
1.028
Shares (diluted)B
1.284
1.386
1.633
1.787
2.029
1.952
2.143
2.169
2.132
2.249
1.034
2.08%
7.29%
26
4.74
Buyback yield%
12.65
12.48
13.57
15.45
13.91
15.69
17.80
18.46
21.01
21.16
15.41
18.46
15.57
87
1.649
D/E ratiox
0.453
0.506
0.552
0.568
0.607
0.580
0.539
0.583
0.647
0.616
1.046
0.583
0.574
17
0.384
Enterprise valueE£B
1.656
1.778
1.728
2.005
2.385
2.632
3.011
2.989
3.097
3.274
2.195
6.54%
7.35%
28
1.075
LT debtE£B
0.583
0.561
0.570
0.625
0.588
0.605
0.634
0.573
0.611
0.568
1.196
(0.68%)
(0.54%)
18
Revenue
E£1.708B
3.33%
1.00×
Cost of revenue
E£1.014B
3.43%
1.01×
Operating expenses
E£369.5M
2.85%
0.95×
Spread over hurdle
(14.03%)