102.4
Revenue£M
97.94
107.6
117.1
129.9
138.6
149.8
166.1
182.4
201.8
224.0
106.9
10.07%
9.27%
14
14.88
Revenue growth%
24.42
24.27
21.98
19.42
18.53
19.66
19.69
18.12
16.48
18.16
10.62
18.16
19.54
9
13.99
Gross margin%
24.88
23.85
26.71
25.78
25.33
25.34
22.36
20.95
22.97
20.18
8.52
22.36
24.37
19
22.39
Operating margin%
24.98
25.64
24.12
26.83
25.03
27.81
29.96
30.69
29.04
30.31
20.68
29.96
27.32
80
7.85
Net margin%
20.61
20.06
22.91
21.99
24.06
25.72
24.33
22.81
21.39
18.84
7.54
22.81
22.40
18
26.30
P/E ratio (avg)x
24.01
24.44
21.88
23.27
23.91
22.93
22.04
22.88
23.20
25.24
25.24
22.93
23.24
33
33.25
EV/EBITx
22.74
25.44
25.18
27.17
26.96
31.27
31.91
31.71
31.64
37.07
7.876
31.71
29.22
65
7.97
FCF yield (avg)%
28.13
30.27
31.61
34.40
35.84
37.36
37.33
35.70
38.18
40.36
24.15
37.36
35.77
52
26.44
FCF margin%
26.76
28.58
29.18
29.82
27.89
30.10
29.45
27.32
26.35
24.26
16.67
27.32
28.24
35
1.466
FCF / Net incomex
2.574
2.770
3.322
3.471
4.083
4.567
5.181
5.552
5.865
6.713
1.074
5.552
4.325
24
18.65
ROIC%
22.09
21.96
23.04
24.74
23.37
26.14
23.32
24.52
25.15
24.20
18.35
24.52
23.79
88
23.37
Return on equity%
23.66
20.92
22.85
25.53
28.50
30.53
29.93
27.66
24.67
27.28
29.27
27.66
26.41
37
4.10
Return on assets%
3.87
4.88
6.44
4.71
7.67
6.59
9.47
6.65
3.76
4.35
13.62
6.59
5.66
79
0.11
EPS£
0.18
0.16
0.17
0.17
0.18
0.19
0.19
0.20
0.22
0.19
0.11
1.12%
(0.43%)
—
19.24
EPS growth%
16.50
17.52
16.54
13.99
13.80
12.80
15.57
18.34
18.71
19.76
5.39
18.34
16.52
20
0.12
Bookvalue per sh£
0.42
0.41
0.43
0.45
0.50
0.48
0.46
0.42
0.38
0.39
0.21
(5.00%)
(0.08%)
—
0.06
FCF per share£
0.47
0.44
0.43
0.41
0.41
0.39
0.40
0.45
0.44
0.44
0.08
1.71%
0.28%
—
0.39
Dividend per sh£
0.33
0.38
0.38
0.42
0.46
0.48
0.43
0.48
0.52
0.58
0.11
4.96%
5.29%
—
3.52
Div yield (avg)%
18.72
20.64
18.54
17.20
18.33
19.13
20.47
18.95
20.76
19.15
12.26
19.15
19.04
75
24.01
Payout ratio%
23.94
24.94
22.28
24.56
22.73
23.24
20.38
22.76
23.62
21.02
22.57
22.76
23.00
52
226.0
Shares (diluted)M
261.0
268.5
276.6
283.7
283.1
302.9
283.1
287.1
309.6
317.5
233.7
2.32%
1.76%
62
18.71
Buyback yield%
14.68
14.01
11.57
9.62
7.72
9.84
9.69
10.84
9.30
8.65
17.51
9.69
9.77
32
1.499
D/E ratiox
0.140
0.153
0.185
0.212
0.254
0.297
0.314
0.313
0.321
0.341
1.575
0.314
0.275
20
190.6
Enterprise value£M
244.5
270.3
313.0
325.0
340.7
363.6
387.9
402.2
436.1
447.8
148.1
5.62%
7.27%
93
113.1
LT debt£M
55.14
51.84
52.68
45.62
44.91
40.64
42.38
40.06
41.13
44.06
39.02
(0.38%)
(3.17%)
16
Revenue
£224.0M
9.27%
1.00×
Cost of revenue
£140.3M
8.95%
0.97×
Operating expenses
£46.14M
10.19%
1.09×
Return on capital
104.96%
Spread over hurdle
97.37%