257.2
RevenueE£M
205.0
220.8
239.0
259.0
276.0
295.1
322.2
351.8
391.1
424.8
287.1
9.01%
8.38%
53
26.87
Revenue growth%
2.59
3.15
4.62
5.61
7.13
6.84
5.33
3.25
4.17
1.32
18.49
4.17
4.40
22
23.07
Gross margin%
6.97
9.57
10.36
13.06
13.11
11.74
10.06
12.22
9.81
11.13
2.20
11.13
10.75
21
15.42
Operating margin%
10.36
10.85
10.87
12.46
15.09
15.29
17.13
15.66
16.30
16.37
8.52
16.30
15.19
24
28.08
Net margin%
33.69
35.75
35.08
33.34
31.84
32.75
34.18
34.46
34.06
36.94
10.25
34.18
34.12
92
30.45
P/E ratio (avg)x
15.66
14.46
15.69
17.32
17.03
16.99
15.26
13.98
14.83
13.45
17.87
14.83
15.46
29
18.07
EV/EBITx
18.69
16.07
13.80
14.38
14.55
12.63
12.49
13.21
11.22
11.72
10.35
12.49
13.50
91
6.53
FCF yield (avg)%
11.66
13.57
13.42
12.51
10.02
9.92
10.87
10.61
11.01
8.19
16.85
10.61
10.94
63
21.81
FCF margin%
3.11
3.35
3.24
3.06
0.75
3.33
4.25
5.49
3.75
4.94
21.18
4.25
3.34
53
1.589
FCF / Net incomex
1.658
1.877
2.121
1.914
1.831
1.836
1.970
2.070
1.992
2.150
0.527
1.992
1.942
23
19.19
ROIC%
15.15
15.70
16.43
13.56
14.29
12.61
14.85
15.42
14.39
13.09
18.00
14.39
14.62
87
20.23
Return on equity%
4.91
4.03
1.87
0.71
0.40
3.36
3.78
2.32
3.40
2.30
3.88
3.36
2.84
39
17.84
Return on assets%
25.31
23.71
25.98
27.93
27.10
27.72
26.07
27.05
28.60
30.17
26.75
27.72
27.07
59
1.05
EPSE£
1.79
1.91
2.21
2.43
2.82
2.87
3.14
3.49
3.61
3.85
1.11
6.39%
9.10%
—
7.08
EPS growth%
17.73
17.07
15.08
17.23
16.33
17.00
15.52
17.63
15.36
12.88
7.23
15.52
16.66
90
0.80
Bookvalue per shE£
0.42
0.46
0.48
0.52
0.55
0.62
0.63
0.67
0.61
0.55
0.87
(0.03%)
2.12%
—
0.65
FCF per shareE£
1.07
1.05
1.10
1.10
1.12
1.07
0.98
0.98
0.87
0.84
0.82
(5.66%)
(1.48%)
—
0.50
Dividend per shE£
0.42
0.51
0.53
0.55
0.57
0.67
0.78
0.78
0.89
0.91
0.25
9.80%
9.60%
—
9.56
Div yield (avg)%
25.65
24.49
26.83
27.47
29.96
27.13
25.57
27.14
28.10
25.66
24.06
27.13
26.98
36
8.17
Payout ratio%
6.96
6.50
7.19
5.46
5.87
6.00
5.91
8.12
9.45
10.73
15.92
8.12
6.73
30
201.5
Shares (diluted)M
282.2
336.6
342.2
385.8
454.4
454.1
449.5
524.0
520.1
584.4
201.6
5.16%
8.99%
12
10.02
Buyback yield%
14.16
14.86
12.22
13.23
11.10
8.73
9.21
10.08
11.73
13.29
18.14
10.08
11.97
81
1.332
D/E ratiox
1.494
1.411
1.461
1.501
1.416
1.532
1.736
1.887
2.151
2.073
0.403
1.887
1.516
57
354.5
Enterprise valueE£M
44.11
50.15
56.63
54.37
63.40
68.71
75.59
82.06
82.28
89.92
18.79
7.24%
9.07%
68
323.7
LT debtE£M
364.0
339.0
312.5
326.9
315.9
309.3
308.1
339.6
328.5
344.6
219.3
1.76%
(0.59%)
44
Revenue
E£424.8M
8.38%
1.00×
Cost of revenue
E£231.8M
8.33%
0.99×
Operating expenses
E£59.60M
7.41%
0.91×
Goodwill & intangibles
15.54%
Spread over hurdle
14.81%