153.3
RevenueE£M
204.0
218.7
234.9
250.6
265.2
289.1
312.4
337.4
368.2
403.6
166.5
8.76%
7.97%
79
10.23
Revenue growth%
6.93
4.62
6.21
3.46
2.70
1.28
0.40
0.40
0.82
0.51
9.86
0.51
1.99
35
13.52
Gross margin%
19.44
21.32
21.94
20.90
18.51
18.03
16.91
19.14
17.30
15.90
3.83
17.30
18.83
91
24.57
Operating margin%
10.89
11.98
9.92
7.04
8.59
9.77
11.91
10.03
12.08
12.54
13.12
11.91
10.46
9
18.59
Net margin%
21.38
21.86
22.23
24.49
25.98
26.89
29.40
28.74
27.19
26.18
2.65
27.19
26.08
90
10.80
P/E ratio (avg)x
30.95
31.87
35.05
39.06
39.76
42.06
47.64
46.84
49.28
47.00
18.35
47.00
40.91
62
23.99
EV/EBITx
34.71
33.15
33.82
33.61
38.84
44.65
45.04
43.55
43.19
41.69
11.66
43.55
40.27
27
9.58
FCF yield (avg)%
3.64
4.47
2.32
0.40
0.40
1.57
1.38
0.40
1.01
0.40
11.82
1.01
1.19
24
7.09
FCF margin%
3.54
4.17
2.77
3.11
0.40
1.66
2.43
1.94
1.47
0.40
16.70
1.66
2.18
10
1.573
FCF / Net incomex
2.830
2.782
3.202
3.459
3.234
3.462
3.896
3.975
4.301
4.739
0.822
3.975
3.461
29
19.35
ROIC%
13.20
10.28
9.33
7.67
8.22
10.89
8.51
10.58
12.37
10.84
19.86
10.84
10.43
33
9.39
Return on equity%
25.37
24.76
26.01
24.20
21.59
24.30
25.16
26.50
26.53
27.72
10.55
26.50
25.26
48
26.52
Return on assets%
15.53
17.29
14.90
16.16
13.31
11.78
12.09
12.17
12.57
14.79
10.00
12.17
14.05
42
0.11
EPSE£
0.19
0.18
0.19
0.18
0.19
0.21
0.23
0.23
0.22
0.22
0.12
2.87%
1.79%
—
2.79
EPS growth%
3.28
6.09
5.80
6.93
9.84
12.65
14.61
13.77
15.24
15.45
12.26
14.61
11.24
64
0.15
Bookvalue per shE£
0.15
0.15
0.17
0.19
0.21
0.22
0.24
0.26
0.28
0.32
0.19
8.79%
8.40%
—
0.15
FCF per shareE£
0.05
0.05
0.04
0.04
0.03
0.04
0.04
0.04
0.04
0.04
0.13
2.12%
(1.99%)
—
0.08
Dividend per shE£
0.22
0.24
0.26
0.26
0.25
0.26
0.24
0.27
0.27
0.29
0.07
2.89%
3.84%
—
6.32
Div yield (avg)%
27.36
29.00
28.13
27.63
28.68
25.72
23.74
25.17
26.67
27.08
2.91
25.72
27.22
75
26.51
Payout ratio%
25.13
22.32
23.65
22.51
22.12
24.86
25.31
25.40
26.97
25.40
3.71
25.40
24.99
62
724.7
Shares (diluted)M
661.1
620.2
685.0
755.6
719.5
699.4
694.9
671.2
620.5
683.0
713.0
(1.03%)
0.32%
10
22.64
Buyback yield%
2.20
0.40
1.36
2.81
3.73
2.75
2.62
3.10
2.41
1.28
2.32
2.62
2.52
18
1.005
D/E ratiox
0.936
0.850
0.901
0.869
0.823
0.835
0.859
0.849
0.770
0.707
1.216
0.835
0.849
29
269.2
Enterprise valueE£M
88.86
106.1
112.6
119.8
124.3
144.4
171.6
186.4
183.5
207.8
114.7
10.83%
10.57%
91
289.2
LT debtE£M
503.0
562.9
589.1
654.5
693.8
796.7
796.0
884.9
920.1
954.8
313.2
6.60%
6.29%
93
Revenue
E£403.6M
7.97%
1.00×
Cost of revenue
E£210.8M
8.07%
1.01×
Operating expenses
E£87.32M
8.00%
1.00×
Goodwill & intangibles
20.14%
Property and equipment
18.28%
Spread over hurdle
(6.33%)