5.682
RevenueE£B
4.940
5.216
5.511
5.825
6.195
6.573
6.890
7.371
7.823
8.280
6.035
5.97%
5.90%
84
2.25
Revenue growth%
4.25
1.58
0.91
0.40
0.40
1.45
0.40
0.40
0.40
2.33
5.13
0.40
0.65
43
2.89
Gross margin%
22.57
23.40
23.98
26.35
27.35
29.63
27.98
29.29
31.28
32.60
2.03
29.63
27.66
12
28.94
Operating margin%
14.39
15.97
17.00
14.54
15.16
12.69
11.99
12.78
13.13
11.23
15.11
12.69
13.76
80
26.65
Net margin%
10.12
8.44
6.55
8.22
7.75
8.68
7.52
4.88
6.49
6.90
13.79
6.90
7.64
85
23.69
P/E ratio (avg)x
45.27
49.96
56.95
53.35
56.35
63.91
73.55
79.74
90.63
96.31
21.90
79.74
60.43
66
13.08
EV/EBITx
10.79
10.47
10.43
9.875
10.51
11.21
12.05
13.14
11.79
11.44
27.21
11.79
11.00
76
14.15
FCF yield (avg)%
12.72
13.61
14.08
13.29
14.07
12.02
14.11
12.66
12.17
14.52
7.33
12.66
13.45
37
18.20
FCF margin%
2.19
0.96
2.49
2.84
4.91
7.63
6.14
7.39
7.69
9.12
4.10
7.63
5.53
8
0.345
FCF / Net incomex
0.514
0.463
0.463
0.475
0.484
0.531
0.514
0.545
0.485
0.504
0.526
0.514
0.494
88
29.72
ROIC%
28.01
27.93
26.75
28.34
30.49
28.53
29.88
31.43
32.00
34.54
14.23
31.43
29.21
94
17.55
Return on equity%
26.53
28.70
30.69
29.79
30.29
29.87
31.46
29.81
29.55
31.20
10.88
29.87
29.84
14
29.14
Return on assets%
12.20
12.06
13.70
12.79
11.18
12.37
14.91
15.95
17.90
16.47
16.51
15.95
13.25
79
3.94
EPSE£
5.48
5.50
5.56
5.86
6.26
6.96
7.03
8.18
9.00
9.79
4.16
9.35%
5.87%
—
25.05
EPS growth%
3.20
4.95
4.17
6.90
8.81
11.46
13.00
10.16
10.58
13.53
2.54
11.46
9.48
19
4.81
Bookvalue per shE£
1.28
1.23
1.25
1.31
1.23
1.17
1.20
1.15
1.01
0.99
9.03
(4.13%)
(1.59%)
—
5.22
FCF per shareE£
3.03
3.22
3.68
3.88
3.67
3.61
3.83
3.68
3.53
3.25
2.87
(2.42%)
0.14%
—
9.16
Dividend per shE£
5.51
5.75
5.52
4.80
4.71
4.05
3.76
3.80
3.81
3.61
5.81
(5.18%)
(3.66%)
—
6.13
Div yield (avg)%
11.91
9.00
9.97
7.05
6.85
5.58
8.04
10.85
13.63
10.76
28.10
10.76
9.48
14
14.99
Payout ratio%
5.14
3.34
6.06
3.07
2.29
0.40
0.40
1.72
0.40
0.40
28.35
0.40
2.00
78
253.4
Shares (diluted)M
210.8
195.2
187.2
209.7
189.8
188.3
206.8
185.6
181.7
169.7
262.3
(2.22%)
(2.99%)
72
13.37
Buyback yield%
22.57
21.23
22.94
20.31
19.92
20.86
22.11
23.91
26.59
29.09
20.27
23.91
22.34
22
1.364
D/E ratiox
1.651
1.801
1.894
1.814
1.847
2.147
2.091
2.088
2.419
2.766
1.345
2.147
1.991
91
7.385
Enterprise valueE£B
2.400
2.601
2.531
2.675
2.909
2.645
2.817
2.675
2.374
2.432
1.845
(3.52%)
0.03%
36
6.279
LT debtE£B
1.112
1.265
1.401
1.456
1.454
1.494
1.527
1.777
1.961
2.203
4.984
8.66%
6.75%
90
Revenue
E£8.280B
5.90%
1.00×
Cost of revenue
E£4.883B
6.05%
1.01×
Operating expenses
E£1.317B
6.13%
1.02×
Goodwill & intangibles
17.97%
Cash and investments
16.81%
Spread over hurdle
10.70%