324.2
Revenue£M
267.5
288.8
310.2
335.9
367.6
394.6
438.8
477.1
514.5
568.8
332.5
9.12%
8.65%
74
19.54
Revenue growth%
26.00
26.30
24.43
26.23
26.71
25.92
23.84
23.25
25.74
27.68
21.54
25.74
25.96
84
16.00
Gross margin%
24.16
22.59
21.88
22.94
22.26
24.89
26.74
27.79
25.52
25.83
12.18
25.83
24.52
7
29.29
Operating margin%
4.87
3.38
2.08
0.87
2.82
3.35
1.94
0.40
3.24
0.40
10.91
1.94
2.45
87
5.70
Net margin%
16.97
16.08
17.90
16.50
16.50
18.91
16.65
18.00
15.40
14.37
21.66
16.65
16.57
81
22.26
P/E ratio (avg)x
45.03
51.20
58.03
68.35
74.01
85.34
82.28
91.90
109.6
115.9
35.84
91.90
78.15
79
29.22
EV/EBITx
62.45
69.65
83.71
91.59
89.32
106.8
113.4
120.7
134.1
146.8
33.04
120.7
99.20
66
4.20
FCF yield (avg)%
27.54
27.97
27.89
25.22
25.25
23.77
25.67
23.15
25.19
22.94
27.44
23.77
25.24
40
28.57
FCF margin%
27.38
29.93
30.52
30.06
31.77
32.37
30.06
30.27
32.38
30.17
16.43
30.27
30.22
75
0.925
FCF / Net incomex
0.516
0.499
0.504
0.483
0.543
0.529
0.476
0.450
0.436
0.496
1.019
0.476
0.498
81
25.03
ROIC%
15.52
12.83
11.77
10.39
10.61
13.27
14.19
15.10
14.29
13.81
18.52
14.19
13.54
37
20.44
Return on equity%
27.90
30.79
27.79
24.83
25.95
28.70
30.25
30.52
30.77
29.54
11.11
30.25
29.12
31
13.87
Return on assets%
26.48
24.10
21.80
21.24
23.06
21.65
22.35
23.94
23.66
23.05
24.81
23.05
23.06
7
0.19
EPS£
0.18
0.20
0.24
0.25
0.29
0.32
0.33
0.35
0.36
0.44
0.19
8.75%
9.80%
—
14.34
EPS growth%
13.56
15.66
18.66
16.93
15.95
17.63
15.17
14.51
17.27
14.91
21.45
15.17
15.81
85
0.23
Bookvalue per sh£
0.15
0.16
0.15
0.16
0.15
0.14
0.14
0.12
0.12
0.13
0.07
(3.44%)
(2.92%)
—
0.21
FCF per share£
0.11
0.12
0.11
0.11
0.10
0.10
0.09
0.09
0.09
0.08
0.14
(4.40%)
(4.85%)
—
0.36
Dividend per sh£
0.25
0.30
0.32
0.35
0.35
0.40
0.40
0.39
0.40
0.46
0.12
5.94%
6.99%
—
26.66
Div yield (avg)%
0.40
0.40
2.84
2.13
1.50
2.98
1.71
0.40
2.30
4.11
29.22
2.30
1.92
11
16.24
Payout ratio%
26.74
25.57
26.42
28.54
31.21
30.64
31.41
31.41
30.09
27.20
26.55
30.64
29.31
94
0.977
Shares (diluted)B
1.061
1.165
1.084
1.182
1.167
1.084
1.128
1.116
1.141
1.098
0.986
(1.21%)
1.30%
71
3.47
Buyback yield%
23.30
21.92
23.34
24.57
24.03
26.43
28.65
25.73
27.88
27.22
4.95
27.22
25.15
61
0.197
D/E ratiox
1.307
1.315
1.348
1.516
1.494
1.736
1.832
2.100
2.071
2.375
1.245
2.071
1.626
17
245.1
Enterprise value£M
460.0
456.6
425.9
461.8
455.8
463.0
479.3
501.9
482.7
504.2
266.7
2.04%
1.46%
92
125.9
LT debt£M
489.1
489.1
539.4
483.2
474.4
462.8
458.1
478.1
422.1
380.4
449.4
(4.32%)
(1.73%)
49
Revenue
£568.8M
8.65%
1.00×
Cost of revenue
£287.7M
8.93%
1.03×
Operating expenses
£96.80M
7.56%
0.90×
Goodwill & intangibles
18.81%
Spread over hurdle
72.80%