73.15
RevenueE£M
375.6
382.0
397.7
413.2
429.0
449.0
468.9
479.1
496.8
77.85
88.57
3.75%
3.73%
90
20.69
Revenue growth%
14.82
16.44
13.60
12.53
14.63
13.67
11.63
10.39
9.89
6.70
17.28
11.63
13.64
38
7.08
Gross margin%
23.83
20.92
22.69
24.27
22.92
24.00
22.11
21.10
24.06
9.12
12.94
22.92
23.38
22
23.48
Operating margin%
14.84
14.78
13.33
14.59
11.68
10.76
8.55
6.89
5.40
11.37
5.90
8.55
12.51
92
27.06
Net margin%
23.78
22.82
23.05
21.79
21.74
20.83
22.85
20.71
22.24
28.14
9.93
21.74
22.02
13
6.774
P/E ratio (avg)x
26.54
23.51
26.34
27.59
29.19
26.43
24.18
23.23
25.62
9.158
22.87
25.62
26.24
73
29.07
EV/EBITx
22.77
22.38
24.87
29.22
31.94
30.71
33.87
37.05
38.79
28.14
18.57
33.87
29.97
60
17.76
FCF yield (avg)%
23.38
23.28
26.08
25.84
23.57
22.77
24.90
26.92
27.79
9.06
11.31
24.90
24.48
22
25.39
FCF margin%
28.42
31.03
33.48
34.76
35.55
33.95
35.72
37.22
39.52
13.53
9.25
35.72
34.35
39
1.749
FCF / Net incomex
1.041
0.950
0.978
1.076
1.172
1.124
1.179
1.049
1.104
1.576
1.459
1.124
1.070
37
4.99
ROIC%
20.20
18.82
19.12
21.51
21.23
22.09
19.23
17.59
16.65
7.73
17.68
19.23
19.71
67
25.32
Return on equity%
27.68
30.60
31.11
29.68
32.35
35.27
32.79
30.27
29.59
14.13
20.94
32.35
30.43
90
27.29
Return on assets%
16.43
14.57
14.87
14.01
13.44
15.08
15.45
17.02
15.78
2.65
3.83
15.45
15.26
92
13.36
EPSE£
27.03
31.64
30.85
33.98
36.83
39.18
45.00
45.14
46.98
13.93
15.93
6.70%
8.08%
—
9.42
EPS growth%
2.99
5.38
8.22
9.95
7.13
8.03
10.53
7.98
10.96
27.79
3.53
8.03
8.01
32
10.82
Bookvalue per shE£
8.44
9.66
9.48
10.46
11.43
11.88
11.77
11.49
12.90
15.26
3.30
4.29%
6.17%
—
9.02
FCF per shareE£
6.08
6.54
6.69
6.60
6.82
7.08
7.23
7.45
7.84
7.86
19.62
3.53%
0.30%
—
11.65
Dividend per shE£
6.99
7.73
9.35
9.31
9.84
10.68
11.12
11.78
13.03
17.21
5.14
6.96%
7.03%
—
15.80
Div yield (avg)%
13.56
12.76
15.56
18.37
20.84
23.57
20.83
23.24
24.95
26.59
2.43
23.24
19.60
57
6.91
Payout ratio%
1.67
0.40
2.23
2.70
0.77
3.06
1.37
4.16
6.47
10.47
4.47
3.06
2.46
45
8.546
Shares (diluted)M
9.851
10.92
11.71
11.67
11.19
11.16
12.59
12.09
13.06
8.573
8.620
2.26%
4.20%
70
29.20
Buyback yield%
19.77
20.87
19.93
19.48
19.23
17.51
16.24
18.78
19.27
5.05
7.67
18.78
19.38
12
1.436
D/E ratiox
1.428
1.371
1.426
1.382
1.449
1.464
1.583
1.713
1.774
0.929
0.278
1.583
1.457
44
338.7
Enterprise valueE£M
401.0
478.7
501.6
505.2
506.5
523.3
545.1
552.3
654.1
284.0
59.71
5.30%
6.34%
83
69.65
LT debtE£M
493.3
514.9
521.1
577.4
576.9
656.0
733.9
723.3
775.6
174.5
237.9
6.08%
5.44%
68
Revenue
E£496.8M
3.73%
1.00×
Cost of revenue
E£313.6M
3.60%
0.99×
Operating expenses
E£123.6M
3.74%
1.00×
Cash and investments
17.63%
Property and equipment
17.07%
Spread over hurdle
(15.73%)