407.3
Revenue£M
336.4
337.3
345.1
349.3
352.6
361.4
368.0
370.9
374.8
421.5
504.1
1.42%
0.96%
6
26.40
Revenue growth%
10.56
12.39
12.18
12.87
11.09
9.05
7.14
4.47
5.40
20.73
2.29
7.14
10.03
83
16.78
Gross margin%
14.26
11.57
12.97
10.46
8.57
6.90
6.33
8.72
6.37
18.66
19.35
6.90
9.59
58
29.03
Operating margin%
6.63
7.26
6.52
7.45
10.30
11.04
8.27
9.93
12.73
8.56
11.01
10.30
8.53
9
6.93
Net margin%
0.40
0.40
0.40
0.40
0.40
0.40
0.40
2.64
1.07
18.74
28.86
0.40
0.40
57
12.22
P/E ratio (avg)x
19.94
19.33
22.67
23.76
25.85
27.48
30.25
31.57
36.29
19.59
25.86
30.25
24.81
63
7.017
EV/EBITx
27.70
29.72
32.99
35.47
41.33
41.93
50.04
54.63
65.72
20.51
28.74
50.04
38.40
67
17.19
FCF yield (avg)%
26.34
25.57
28.52
27.99
30.58
27.91
30.25
30.03
31.89
13.64
28.86
30.25
28.25
90
21.05
FCF margin%
5.60
7.98
8.72
9.73
7.96
7.88
10.61
11.08
12.43
3.04
29.42
10.61
8.35
89
1.418
FCF / Net incomex
0.912
1.077
1.087
1.029
0.981
1.035
1.187
1.211
1.422
0.610
1.045
1.187
1.056
53
22.10
ROIC%
18.38
16.58
17.73
16.59
17.32
17.67
18.91
17.11
14.15
24.18
28.84
17.32
17.23
73
18.79
Return on equity%
31.14
28.61
26.70
28.96
27.20
27.06
28.49
30.50
28.36
24.84
28.53
28.36
28.43
42
12.66
Return on assets%
17.36
15.50
13.76
11.56
13.34
16.26
15.73
15.13
17.15
29.98
5.60
15.73
15.61
85
0.13
EPS£
1.05
1.07
1.13
1.19
1.34
1.36
1.35
1.55
1.47
0.14
0.15
4.44%
4.59%
—
27.66
EPS growth%
25.85
23.62
25.48
25.93
25.84
25.36
26.24
27.15
25.10
8.83
23.56
25.84
25.84
59
0.31
Bookvalue per sh£
0.82
0.74
0.84
0.76
0.73
0.78
0.80
0.91
1.03
0.13
0.11
6.25%
4.05%
—
0.22
FCF per share£
0.40
0.38
0.36
0.41
0.43
0.41
0.45
0.47
0.52
0.48
0.27
4.92%
2.94%
—
0.53
Dividend per sh£
0.11
0.13
0.12
0.14
0.15
0.14
0.14
0.13
0.12
0.39
0.19
(2.39%)
(0.09%)
—
8.64
Div yield (avg)%
0.69
0.40
0.40
0.40
2.06
3.90
4.54
5.07
3.98
15.32
15.47
3.98
2.49
30
24.53
Payout ratio%
11.46
12.85
10.94
12.23
13.03
10.36
11.95
11.22
12.18
18.21
6.55
11.95
12.07
19
278.1
Shares (diluted)M
285.4
256.9
241.0
250.6
249.3
249.6
224.2
202.6
209.5
271.4
279.1
(3.51%)
(2.86%)
75
14.08
Buyback yield%
11.19
11.56
11.95
14.36
16.78
19.75
22.67
22.03
20.10
17.60
12.98
20.10
15.57
32
1.014
D/E ratiox
0.484
0.545
0.633
0.687
0.690
0.700
0.733
0.856
0.883
1.044
0.408
0.733
0.688
27
131.5
Enterprise value£M
419.3
430.6
455.8
460.7
467.6
436.9
488.6
511.6
587.0
257.4
131.3
4.96%
3.38%
10
0.253
LT debt£B
0.702
0.796
0.809
0.960
1.074
1.105
1.214
1.452
1.484
0.302
0.121
9.11%
10.07%
62
Revenue
£374.8M
0.96%
1.00×
Cost of revenue
£262.4M
1.05%
1.01×
Operating expenses
£51.16M
1.61%
1.07×
Spread over hurdle
(4.64%)