4.925
Revenue£M
4.029
4.354
4.726
5.114
5.442
6.027
6.598
7.102
7.776
8.392
5.066
9.05%
8.45%
34
15.84
Revenue growth%
25.21
24.07
25.96
28.26
25.38
22.95
25.08
23.24
22.02
20.22
13.78
22.95
24.57
93
5.12
Gross margin%
22.29
23.83
21.92
24.68
25.61
28.28
30.00
28.08
28.30
30.46
11.56
28.30
26.84
44
3.86
Operating margin%
5.30
6.09
6.09
7.74
6.81
5.81
7.98
5.70
4.03
2.64
9.54
5.70
5.95
44
15.03
Net margin%
15.97
13.68
12.59
10.88
9.44
6.77
8.67
10.06
9.55
12.33
14.97
9.55
10.47
76
20.57
P/E ratio (avg)x
14.04
15.07
14.12
14.08
13.24
13.31
13.10
15.25
15.90
17.17
18.02
15.25
14.10
86
10.83
EV/EBITx
15.55
14.33
14.30
15.43
15.93
16.78
17.97
19.49
18.96
18.01
34.73
18.01
16.35
64
9.49
FCF yield (avg)%
20.69
20.44
19.25
17.94
15.54
16.95
16.68
13.91
16.31
17.30
23.65
16.68
17.12
51
27.87
FCF margin%
15.34
18.20
20.25
18.88
19.69
18.61
16.21
14.86
13.25
13.40
9.80
14.86
17.20
80
0.439
FCF / Net incomex
0.694
0.621
0.528
0.494
0.485
0.494
0.523
0.549
0.466
0.490
1.017
0.494
0.509
80
26.00
ROIC%
10.50
7.93
9.59
8.80
6.29
7.53
4.76
4.72
5.32
5.09
17.52
5.09
6.91
91
20.61
Return on equity%
7.64
10.17
9.41
11.87
14.69
15.45
15.96
13.65
11.06
8.24
27.56
13.65
11.46
64
10.68
Return on assets%
30.37
29.00
29.27
31.62
33.81
31.91
33.79
33.93
32.40
31.42
5.52
32.40
31.77
14
—
EPS£
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
—
3.75%
2.44%
—
20.41
EPS growth%
3.75
3.58
1.03
0.40
0.68
1.52
0.40
0.40
0.40
1.82
11.46
0.40
0.86
33
—
Bookvalue per sh£
—
—
—
—
—
—
—
—
—
—
—
4.48%
4.65%
—
—
FCF per share£
—
—
—
—
—
—
—
—
0.01
0.01
0.01
7.11%
5.15%
—
—
Dividend per sh£
—
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
—
0.30%
4.97%
—
14.76
Div yield (avg)%
6.39
6.95
4.73
2.42
4.40
4.05
2.56
4.35
1.41
1.72
14.76
2.56
4.20
55
6.07
Payout ratio%
3.58
3.31
5.14
7.25
10.03
12.81
13.62
15.69
16.77
15.68
16.81
15.68
11.42
82
443.4
Shares (diluted)M
484.3
519.5
565.9
567.9
519.4
558.8
628.3
617.2
571.8
593.7
444.1
2.71%
1.21%
26
23.82
Buyback yield%
27.74
30.02
29.99
29.84
32.54
29.80
30.21
32.19
34.22
31.74
28.23
31.74
30.12
7
0.804
D/E ratiox
3.601
4.175
4.372
5.049
5.494
5.360
6.484
7.286
8.798
9.798
0.222
7.286
5.427
65
4.828
Enterprise value£M
1.336
1.259
1.215
1.384
1.565
1.757
1.740
1.741
1.617
1.512
7.802
(0.69%)
0.35%
16
6.824
LT debt£M
5.781
5.810
6.566
6.074
6.719
6.398
6.190
6.773
6.373
7.107
6.693
1.13%
1.71%
82
Revenue
£8.392M
8.45%
1.00×
Cost of revenue
£5.454M
8.21%
0.98×
Operating expenses
£2.013M
8.74%
1.03×
Goodwill & intangibles
15.72%
Spread over hurdle
(10.90%)