264.2
Revenue£M
199.0
206.0
215.9
231.9
249.4
264.4
279.8
296.6
317.3
338.6
287.7
6.30%
6.09%
42
2.35
Revenue growth%
22.68
23.75
21.09
19.49
17.12
16.79
16.21
14.81
15.91
16.43
21.20
16.21
16.96
42
26.24
Combined R.%
88.93
86.98
87.82
88.47
89.70
88.99
88.18
89.63
88.77
89.94
9.72
88.99
88.85
91
15.80
Operating margin%
24.82
26.88
27.08
24.60
24.07
24.58
26.49
24.79
22.28
23.64
5.56
24.58
24.70
36
2.89
Net margin%
4.64
5.40
7.95
10.26
12.01
13.08
15.38
17.11
16.41
17.80
13.69
16.41
12.55
65
7.169
P/E ratio (avg)x
17.55
19.16
23.17
23.14
24.73
29.44
33.10
34.97
36.03
42.75
6.529
34.97
27.08
5
28.72
P/TBVx
25.74
26.97
27.99
27.12
26.65
25.20
26.46
26.09
27.03
23.98
19.22
26.09
26.56
48
17.70
P/Bx
6.024
5.318
4.742
4.180
4.464
3.830
3.905
3.368
3.046
2.662
14.26
3.368
4.043
32
21.97
Prem. grth%
22.20
24.51
24.18
27.15
29.18
32.01
31.08
32.40
30.58
32.53
20.61
32.01
29.88
40
2.54
Invest. yld%
17.78
19.46
18.01
18.12
15.72
16.05
15.25
13.07
13.50
14.75
11.91
14.75
15.88
33
8.14
BVPS grth%
0.40
3.06
3.21
3.87
2.22
0.40
0.40
1.09
3.59
4.07
20.39
1.09
2.64
74
5.13
Return on equity%
5.11
5.52
7.28
8.37
7.44
4.59
3.72
1.37
0.40
0.40
7.64
1.37
4.85
72
12.21
Return on assets%
7.19
10.09
9.75
8.37
7.23
7.88
10.37
13.14
12.29
13.01
14.42
12.29
9.92
86
0.61
EPS£
0.54
0.51
0.55
0.49
0.44
0.43
0.42
0.39
0.38
0.37
0.65
(3.36%)
(4.23%)
—
2.47
EPS growth%
23.97
24.41
24.84
24.78
27.62
25.26
23.87
25.20
26.49
28.78
13.07
25.26
25.02
59
0.60
Bookvalue per sh£
0.45
0.45
0.49
0.52
0.53
0.57
0.57
0.51
0.52
0.57
0.64
1.63%
1.54%
—
0.54
TBV/sh£
0.30
0.26
0.23
0.23
0.22
0.22
0.21
0.21
0.21
0.21
0.40
(0.81%)
(5.14%)
—
0.66
Dividend per sh£
1.00
1.12
1.12
1.29
1.40
1.63
1.79
1.94
1.84
2.06
0.58
7.91%
9.01%
—
20.68
Div yield (avg)%
15.68
17.28
14.56
15.96
17.29
19.36
16.69
16.12
13.17
14.85
9.57
16.12
16.04
42
27.40
Payout ratio%
23.96
24.10
23.16
24.85
25.32
24.11
25.91
27.89
25.68
27.92
20.54
25.91
25.08
30
237.0
Shares (diluted)M
191.0
182.3
185.7
199.8
187.0
184.6
194.8
196.6
205.2
175.2
233.7
(1.29%)
(2.07%)
58
5.43
Buyback yield%
23.66
23.53
21.56
23.64
24.00
24.36
22.19
23.97
24.65
24.97
28.90
24.36
23.82
37
0.442
D/E ratiox
1.152
1.020
0.890
0.926
0.851
0.767
0.831
0.794
0.735
0.639
0.137
0.767
0.841
95
0.250
Assets£B
0.978
1.053
1.126
1.254
1.404
1.541
1.639
1.740
1.815
1.984
0.065
7.16%
7.99%
83
135.6
LT debt£M
214.7
227.1
203.3
207.3
217.5
207.2
196.3
174.5
148.7
159.9
120.0
(5.97%)
(3.28%)
38
Revenue
£338.6M
6.09%
1.00×
Claims and benefits
£209.6M
5.99%
0.99×
Total costs
£276.7M
6.32%
1.02×
Spread over hurdle
(0.15%)