148.0
Revenue£M
198.7
201.4
207.3
218.6
225.4
228.8
233.3
245.2
251.5
259.1
164.6
2.83%
2.96%
9
23.64
Revenue growth%
3.14
1.27
2.19
0.40
0.40
1.25
0.40
0.40
0.40
2.24
17.41
0.40
0.82
72
6.78
Gross margin%
25.23
26.35
27.39
25.16
27.38
26.87
24.09
26.73
29.24
28.17
29.92
26.87
26.80
80
7.23
Operating margin%
23.04
25.28
26.15
25.53
28.18
27.62
26.72
27.05
29.81
31.93
27.96
27.62
26.88
9
12.33
Net margin%
24.81
25.84
25.49
23.86
23.45
23.89
26.11
23.23
25.67
25.20
29.52
25.20
25.01
27
10.07
P/E ratio (avg)x
18.63
17.16
17.55
16.31
16.57
15.51
15.48
15.09
15.89
15.36
9.946
15.48
16.10
20
27.54
EV/EBITx
24.42
26.23
28.41
31.15
28.00
31.41
31.39
33.37
30.51
29.26
16.39
31.39
29.88
82
16.19
FCF yield (avg)%
15.46
14.79
12.27
14.10
16.25
16.61
15.15
15.34
16.72
15.12
18.13
15.34
15.25
29
25.80
FCF margin%
0.40
0.40
3.20
4.51
5.60
5.27
2.49
0.40
0.40
0.40
24.69
0.40
1.44
24
1.714
FCF / Net incomex
0.521
0.459
0.393
0.355
0.323
0.311
0.333
0.304
0.283
0.247
1.312
0.304
0.328
43
8.68
ROIC%
8.89
6.09
4.12
3.49
4.01
6.31
3.51
4.64
2.71
2.31
14.38
3.51
4.06
57
26.12
Return on equity%
21.98
22.08
19.83
21.08
22.50
23.96
21.14
20.94
22.40
20.00
17.29
21.14
21.56
95
16.11
Return on assets%
0.40
1.67
0.40
3.25
6.01
8.11
9.47
10.94
13.49
12.26
25.01
10.94
7.06
24
1.16
EPS£
1.27
1.09
1.10
0.95
0.83
0.80
0.82
0.84
0.77
0.72
1.24
(2.84%)
(4.92%)
—
4.31
EPS growth%
30.24
31.22
30.12
31.60
34.55
37.52
39.16
41.23
42.34
41.06
6.16
41.06
36.03
37
0.66
Bookvalue per sh£
0.83
0.82
0.81
0.96
1.01
1.01
1.10
1.06
1.06
1.16
1.10
2.90%
3.86%
—
1.08
FCF per share£
1.81
2.06
2.27
2.68
2.68
2.63
2.95
3.50
3.67
3.59
1.47
6.02%
8.36%
—
0.48
Dividend per sh£
1.61
1.89
1.86
2.04
2.13
2.38
2.30
2.33
2.52
2.76
0.65
5.30%
6.86%
—
2.59
Div yield (avg)%
4.11
2.74
0.91
3.08
5.45
6.18
6.98
4.92
6.22
6.91
13.23
6.22
5.19
70
9.49
Payout ratio%
30.70
29.91
27.54
24.91
21.92
23.51
23.89
22.61
25.48
25.70
24.58
23.89
25.20
39
65.60
Shares (diluted)M
88.82
83.26
84.57
82.24
85.44
94.46
104.0
105.3
118.6
119.0
66.43
6.84%
3.60%
45
9.99
Buyback yield%
19.41
20.30
22.57
23.47
23.09
25.46
26.35
26.36
27.16
25.33
8.47
26.35
24.40
83
1.763
D/E ratiox
1.965
1.946
1.752
1.789
1.700
1.565
1.441
1.360
1.230
1.228
1.577
1.360
1.633
51
110.5
Enterprise value£M
79.74
77.39
72.37
76.13
77.91
68.35
63.92
60.29
53.27
55.50
32.18
(6.56%)
(4.19%)
76
203.1
LT debt£M
89.89
95.75
107.8
105.0
105.7
102.0
107.4
127.7
143.3
156.2
62.61
8.12%
6.60%
86
Revenue
£259.1M
2.96%
1.00×
Cost of revenue
£163.2M
3.08%
1.01×
Operating expenses
£64.40M
2.88%
0.99×
Spread over hurdle
(1.74%)