195.0
Revenue£M
103.1
110.2
115.3
120.8
132.0
138.2
148.0
156.9
167.3
182.7
213.7
6.72%
6.53%
26
8.04
Revenue growth%
13.11
15.41
15.34
17.49
17.96
20.11
22.88
20.79
22.61
22.30
13.88
22.30
19.03
50
12.81
Gross margin%
3.67
5.56
7.10
5.95
6.20
4.29
2.66
0.40
0.40
0.40
3.47
0.40
3.98
79
28.01
Operating margin%
8.33
8.23
9.86
11.05
11.47
12.86
14.63
15.97
15.71
17.48
13.78
15.71
12.16
68
6.61
Net margin%
3.81
3.97
6.49
6.88
5.90
5.83
2.84
2.15
2.90
5.38
24.43
2.90
4.68
62
30.45
P/E ratio (avg)x
25.85
26.95
29.97
29.35
28.48
27.36
29.98
33.54
30.83
29.14
24.75
29.98
29.25
59
26.03
EV/EBITx
21.54
24.58
28.24
26.75
27.02
30.41
33.86
36.73
38.72
41.54
30.22
36.73
29.33
66
23.18
FCF yield (avg)%
6.01
5.94
4.71
4.21
3.65
0.92
0.40
0.40
2.35
0.45
8.99
0.45
3.00
80
27.00
FCF margin%
21.03
21.46
21.26
20.59
19.47
17.39
15.12
15.86
17.39
17.13
11.59
17.13
18.43
33
1.038
FCF / Net incomex
0.746
0.706
0.751
0.687
0.630
0.548
0.562
0.551
0.535
0.477
1.301
0.548
0.596
11
27.83
ROIC%
4.16
7.07
5.57
7.73
10.28
12.65
11.43
12.43
9.82
10.63
25.14
11.43
10.05
78
2.47
Return on equity%
24.68
27.28
24.71
25.93
25.46
27.37
29.59
31.33
32.10
30.56
13.99
30.56
27.33
18
11.90
Return on assets%
16.76
17.44
19.66
18.33
20.98
19.93
19.71
17.50
17.36
16.96
25.18
17.50
17.91
8
1.07
EPS£
0.76
0.74
0.83
0.93
1.05
0.95
1.06
1.14
1.10
1.17
1.09
2.24%
5.00%
—
14.84
EPS growth%
3.64
2.96
5.08
4.75
6.24
6.80
5.73
4.01
2.98
5.36
7.01
5.36
4.91
15
1.22
Bookvalue per sh£
1.71
1.92
1.88
2.17
2.28
2.18
2.31
2.71
3.23
3.35
1.08
7.99%
8.47%
—
0.87
FCF per share£
0.27
0.26
0.24
0.23
0.22
0.19
0.17
0.18
0.18
0.16
0.50
(5.97%)
(6.08%)
—
1.10
Dividend per sh£
0.66
0.65
0.59
0.56
0.61
0.63
0.57
0.60
0.57
0.55
1.01
(1.95%)
(1.70%)
—
10.65
Div yield (avg)%
31.57
33.56
31.09
31.35
30.74
29.45
29.24
30.52
32.60
35.18
11.02
30.52
31.22
52
20.35
Payout ratio%
4.62
3.83
3.26
3.02
1.53
4.05
2.70
4.27
4.67
7.04
20.27
4.27
3.94
27
46.51
Shares (diluted)M
70.14
67.94
74.10
85.43
84.06
84.14
83.01
92.26
92.57
96.44
47.00
2.79%
4.50%
14
27.65
Buyback yield%
10.39
10.07
8.62
6.79
4.51
2.49
1.16
0.40
1.60
0.40
13.12
1.16
3.50
20
1.369
D/E ratiox
0.562
0.569
0.547
0.585
0.602
0.539
0.467
0.505
0.447
0.403
1.387
0.467
0.543
32
172.7
Enterprise value£M
85.77
97.15
101.2
100.7
96.74
105.8
121.9
132.6
133.3
152.9
20.25
9.58%
5.39%
94
71.87
LT debt£M
96.70
101.6
116.6
117.4
134.2
141.6
140.3
145.3
165.5
182.4
200.5
6.33%
6.74%
48
Revenue
£182.7M
6.53%
1.00×
Cost of revenue
£95.28M
6.45%
0.99×
Operating expenses
£36.31M
6.84%
1.03×
Goodwill & intangibles
17.30%
Spread over hurdle
(3.90%)