166.2
Revenue£M
392.4
402.2
410.2
422.6
433.3
448.9
454.4
468.5
467.3
469.0
182.6
1.60%
1.72%
6
9.21
Revenue growth%
11.33
10.58
10.72
10.45
9.27
12.03
11.05
10.68
9.91
7.72
22.42
10.68
10.63
43
6.06
Gross margin%
12.61
13.69
14.97
16.46
14.45
16.79
14.01
15.82
18.45
19.90
7.37
16.79
15.39
24
13.08
Operating margin%
26.82
29.78
31.51
31.23
30.79
29.94
27.71
28.50
28.81
28.85
27.32
28.81
29.32
43
28.20
Net margin%
36.57
34.88
37.68
38.10
36.57
38.12
37.19
38.56
37.96
39.85
6.79
38.12
37.82
17
12.25
P/E ratio (avg)x
28.43
28.81
29.99
30.67
31.23
36.63
42.76
43.48
47.09
53.24
35.40
43.48
33.93
20
18.69
EV/EBITx
35.66
35.02
38.82
35.66
31.19
27.93
29.61
28.66
30.89
32.01
35.45
29.61
31.60
31
15.61
FCF yield (avg)%
13.25
14.15
12.60
10.74
12.90
14.58
12.88
15.82
13.35
12.51
16.38
13.35
13.07
83
23.37
FCF margin%
26.22
26.07
25.51
26.57
26.05
28.71
31.71
31.16
32.32
33.42
17.57
31.71
27.64
89
1.403
FCF / Net incomex
2.056
2.124
2.014
1.938
1.864
2.184
2.373
2.305
2.157
2.048
0.466
2.184
2.090
76
3.69
ROIC%
25.96
25.23
26.81
28.01
26.97
27.50
26.74
26.72
29.55
31.12
9.97
27.50
26.89
34
17.54
Return on equity%
15.49
13.52
13.43
12.68
14.85
14.26
16.69
14.39
16.38
18.95
27.81
16.38
14.62
87
16.54
Return on assets%
17.31
18.45
20.88
18.13
17.19
15.13
12.16
14.11
14.69
15.15
2.03
14.69
16.17
44
4.58
EPS£
3.96
3.77
3.60
4.17
4.68
4.65
5.49
5.91
6.04
6.63
4.84
7.20%
6.98%
—
11.46
EPS growth%
27.34
27.82
29.29
29.85
27.43
25.97
26.68
29.17
28.29
30.48
12.56
28.29
28.06
58
0.75
Bookvalue per sh£
4.79
5.26
4.81
5.41
5.74
5.30
5.58
5.92
6.32
7.05
2.37
4.20%
4.02%
—
1.74
FCF per share£
3.94
4.55
4.67
5.03
5.96
6.69
6.63
7.63
7.43
7.76
2.31
5.43%
8.22%
—
1.94
Dividend per sh£
1.16
1.18
1.43
1.39
1.56
1.80
1.90
2.20
2.63
2.96
1.48
13.73%
10.45%
—
25.10
Div yield (avg)%
26.85
27.24
29.04
27.75
27.63
25.38
26.55
27.13
27.76
26.18
17.33
26.55
27.19
83
23.38
Payout ratio%
13.95
12.92
13.53
15.43
15.65
18.59
16.03
18.37
18.37
19.79
26.46
18.37
15.84
71
30.81
Shares (diluted)M
40.06
43.80
48.12
53.43
52.87
59.21
67.51
70.21
74.87
70.64
30.36
5.96%
6.36%
18
21.85
Buyback yield%
30.68
27.77
29.29
30.76
30.11
31.25
31.18
32.71
35.39
33.45
4.33
32.71
30.97
71
0.486
D/E ratiox
0.901
0.950
0.928
0.877
0.982
1.043
1.158
1.048
0.964
0.874
0.369
1.043
0.957
47
129.8
Enterprise value£M
219.5
214.5
233.0
215.9
194.4
180.4
189.0
177.6
185.1
182.3
159.2
(1.28%)
(0.97%)
52
449.9
LT debt£M
366.2
315.9
332.5
300.4
282.4
245.4
258.2
239.5
215.2
214.3
351.7
(5.37%)
(6.52%)
54
Revenue
£469.0M
1.72%
1.00×
Cost of revenue
£328.3M
1.72%
1.00×
Operating expenses
£104.5M
1.86%
1.01×
Cash and investments
15.10%
Spread over hurdle
(0.48%)