126.2
RevenueE£M
126.8
124.0
126.0
125.5
126.7
128.6
131.3
131.9
132.4
130.2
140.0
0.53%
0.42%
43
8.37
Revenue growth%
10.62
9.50
8.93
9.15
9.48
9.40
8.74
5.76
6.33
4.46
11.27
6.33
9.04
47
18.25
Gross margin%
11.50
11.09
13.76
15.80
13.67
12.34
12.00
14.76
15.12
12.93
5.98
12.93
13.30
82
12.97
Operating margin%
10.97
10.52
9.01
6.17
6.21
6.64
9.01
11.07
9.45
8.54
9.55
9.01
9.01
26
17.26
Net margin%
7.19
4.68
3.83
1.91
2.45
4.44
1.48
0.40
0.40
1.33
11.90
1.33
2.18
26
15.99
P/E ratio (avg)x
12.88
13.58
14.39
15.09
16.90
16.90
16.51
18.78
21.17
23.28
15.87
18.78
16.70
85
18.35
EV/EBITx
15.61
14.54
15.78
16.02
15.43
14.54
14.03
13.10
12.84
12.12
13.96
13.10
14.54
28
29.18
FCF yield (avg)%
26.47
27.08
26.84
25.96
27.12
29.55
32.33
30.48
32.17
30.63
6.45
30.63
28.33
51
4.33
FCF margin%
13.01
14.18
16.20
16.23
17.29
15.84
12.93
14.43
13.91
14.35
10.14
14.35
14.39
63
0.531
FCF / Net incomex
0.556
0.612
0.646
0.591
0.616
0.648
0.594
0.646
0.655
0.677
1.184
0.648
0.631
28
26.42
ROIC%
20.40
18.87
16.04
17.42
19.73
18.24
17.04
19.43
21.13
23.87
13.83
19.43
19.15
50
17.18
Return on equity%
32.40
33.17
32.66
30.89
32.94
32.96
35.29
35.67
37.22
39.63
10.91
35.67
33.07
82
28.69
Return on assets%
31.25
32.28
31.74
33.38
30.62
28.97
30.70
28.31
25.97
23.96
22.12
28.31
30.66
67
0.67
EPSE£
0.12
0.12
0.14
0.16
0.15
0.17
0.17
0.17
0.18
0.18
0.69
3.29%
5.61%
—
2.26
EPS growth%
27.20
28.72
29.82
31.44
34.29
32.00
33.38
32.90
35.85
33.38
10.74
33.38
32.45
32
0.65
Bookvalue per shE£
0.76
0.81
0.86
0.86
1.00
0.98
1.06
1.22
1.27
1.22
0.61
4.12%
6.33%
—
0.50
FCF per shareE£
0.46
0.47
0.44
0.47
0.42
0.40
0.39
0.34
0.37
0.35
0.10
(3.72%)
(2.94%)
—
0.28
Dividend per shE£
0.43
0.47
0.41
0.40
0.41
0.36
0.38
0.40
0.34
0.36
0.16
(2.52%)
(2.22%)
—
29.82
Div yield (avg)%
10.94
11.65
9.81
7.41
4.42
5.78
4.29
5.99
6.46
4.10
19.12
5.78
6.22
19
4.36
Payout ratio%
11.94
14.58
16.40
15.87
18.57
16.62
15.14
15.05
12.69
12.82
7.46
15.05
15.09
54
244.9
Shares (diluted)M
279.5
266.9
277.3
259.1
249.0
264.7
254.1
241.2
266.6
250.9
251.3
0.15%
(0.99%)
31
8.25
Buyback yield%
8.66
10.56
7.88
7.67
8.86
6.73
5.18
5.69
2.95
4.06
13.89
5.18
7.20
10
1.425
D/E ratiox
0.886
1.034
1.060
1.209
1.349
1.326
1.382
1.508
1.486
1.450
1.501
1.450
1.338
65
101.2
Enterprise valueE£M
56.64
53.28
58.84
55.78
53.69
53.47
51.48
53.84
56.41
52.58
149.9
(0.42%)
(1.28%)
41
116.3
LT debtE£M
16.26
17.86
20.93
20.78
20.75
19.87
22.24
22.21
22.84
23.98
142.5
2.93%
4.98%
50
Revenue
E£130.2M
0.42%
1.00×
Cost of revenue
E£68.94M
0.06%
0.96×
Operating expenses
E£31.25M
0.79%
1.04×
Cash and investments
18.41%
Property and equipment
15.37%
Spread over hurdle
(6.72%)