308.3
Revenue£M
257.0
272.3
279.4
294.8
302.9
307.6
322.0
327.8
332.7
346.4
344.9
2.72%
3.58%
7
7.95
Revenue growth%
22.56
21.53
23.35
21.81
19.24
18.37
15.91
18.48
15.57
15.38
29.59
15.91
18.86
10
19.05
Gross margin%
25.03
23.54
23.44
23.79
25.37
23.52
26.51
28.22
30.60
28.89
23.40
28.22
25.20
59
4.97
Operating margin%
8.33
5.88
4.89
4.08
2.29
5.05
2.52
0.40
0.40
0.40
28.98
0.40
3.30
65
15.01
Net margin%
18.68
21.13
20.49
20.28
20.14
20.29
20.90
21.80
24.16
23.68
12.15
21.80
20.70
41
6.231
P/E ratio (avg)x
6.293
5.535
5.110
5.524
5.064
4.788
4.211
3.821
3.323
3.498
19.37
3.821
4.926
25
20.08
EV/EBITx
10.85
11.26
12.75
11.98
12.62
13.92
15.07
16.89
19.13
19.72
7.396
16.89
13.33
50
16.80
FCF yield (avg)%
28.60
31.02
32.95
31.28
32.07
29.79
30.83
33.76
36.39
36.92
13.46
33.76
31.67
84
3.17
FCF margin%
18.75
20.62
22.16
23.35
20.76
21.89
23.08
20.85
18.09
16.72
23.17
20.85
20.80
15
0.130
FCF / Net incomex
0.197
0.172
0.184
0.169
0.154
0.165
0.150
0.151
0.140
0.140
1.101
0.150
0.159
86
3.27
ROIC%
18.82
20.20
18.05
19.57
17.31
15.98
14.55
12.95
10.31
9.10
13.01
12.95
16.64
59
7.04
Return on equity%
13.00
10.01
11.40
9.30
9.81
10.84
10.27
11.86
12.48
9.89
26.79
10.84
10.55
47
3.07
Return on assets%
12.76
13.90
13.73
13.03
11.50
13.70
12.44
11.50
14.09
12.84
26.23
12.84
12.93
89
0.14
EPS£
0.25
0.25
0.30
0.31
0.33
0.40
0.40
0.40
0.40
0.41
0.16
4.44%
5.85%
—
12.28
EPS growth%
21.54
24.11
26.28
25.55
26.70
25.94
24.47
25.93
25.81
24.06
6.41
25.81
25.68
22
0.08
Bookvalue per sh£
0.15
0.13
0.14
0.15
0.16
0.17
0.16
0.18
0.18
0.17
0.22
1.26%
2.35%
—
0.13
FCF per share£
0.05
0.05
0.04
0.05
0.05
0.05
0.05
0.05
0.06
0.06
0.15
3.92%
1.65%
—
0.09
Dividend per sh£
0.11
0.12
0.10
0.11
0.10
0.10
0.09
0.08
0.07
0.07
0.07
(7.02%)
(5.07%)
—
17.91
Div yield (avg)%
25.58
26.26
29.24
28.48
27.51
26.39
26.18
28.57
31.08
32.26
18.60
28.57
27.99
26
2.93
Payout ratio%
31.12
28.60
27.22
28.90
31.86
34.60
37.43
37.05
35.09
37.15
4.14
37.05
33.23
30
1.043
Shares (diluted)B
1.501
1.760
1.698
1.701
1.915
1.911
2.163
2.514
2.952
3.426
0.993
12.34%
10.23%
46
23.59
Buyback yield%
22.42
19.75
18.92
20.44
20.19
20.55
21.46
23.94
26.74
27.78
5.83
23.94
21.00
12
0.215
D/E ratiox
2.771
3.085
3.670
4.119
4.229
5.007
5.819
6.932
8.155
9.507
1.248
6.932
4.618
59
237.8
Enterprise value£M
61.81
61.94
65.28
62.25
62.78
72.20
69.29
69.52
77.79
75.32
70.77
3.71%
1.88%
60
221.2
LT debt£M
78.13
81.99
88.03
84.81
88.32
83.97
90.13
85.12
86.00
82.82
144.2
(1.28%)
0.48%
75
Revenue
£346.4M
3.58%
1.00×
Cost of revenue
£205.5M
3.39%
0.98×
Operating expenses
£76.01M
4.04%
1.05×
Property and equipment
19.86%
Cash and investments
17.43%
Spread over hurdle
(1.11%)