97.95
Revenue£M
90.48
94.47
101.4
105.1
110.4
119.4
127.0
137.1
147.2
159.0
104.7
7.57%
6.40%
30
28.32
Revenue growth%
16.27
15.34
18.06
17.08
15.05
12.40
10.89
8.44
10.69
10.69
19.23
10.69
13.72
10
20.76
Gross margin%
3.21
0.82
0.40
0.40
0.75
3.49
0.86
2.74
3.60
1.57
6.96
2.74
1.22
50
25.64
Operating margin%
2.84
4.27
5.15
3.57
5.45
3.81
5.01
4.85
5.92
5.29
28.08
5.01
4.93
88
10.01
Net margin%
5.25
7.44
9.80
8.62
5.99
8.15
10.89
12.45
14.67
14.90
7.29
12.45
9.21
39
27.30
P/E ratio (avg)x
9.897
9.004
8.476
8.198
7.495
7.322
6.803
6.457
6.770
7.481
6.043
6.803
7.488
8
15.90
EV/EBITx
25.24
27.71
29.76
28.49
28.70
28.16
29.60
30.85
35.58
39.91
26.46
30.85
29.15
70
22.34
FCF yield (avg)%
8.04
9.26
7.10
9.66
10.00
11.55
11.17
10.08
12.89
13.40
21.22
11.55
10.04
17
23.25
FCF margin%
10.13
7.44
5.88
3.06
5.58
8.29
9.01
10.88
8.25
7.52
20.93
8.29
7.88
43
1.345
FCF / Net incomex
0.355
0.329
0.322
0.343
0.318
0.311
0.308
0.280
0.266
0.249
0.552
0.280
0.314
80
11.04
ROIC%
21.48
21.02
23.04
22.05
23.53
22.45
22.16
23.61
23.59
21.31
10.27
22.45
22.30
25
7.34
Return on equity%
27.94
29.24
27.95
30.59
28.06
25.12
27.18
24.94
21.99
21.20
2.61
24.94
27.56
48
15.07
Return on assets%
5.98
8.02
9.18
10.12
8.00
5.75
5.97
8.04
7.11
7.27
2.21
7.11
7.63
52
0.32
EPS£
0.17
0.17
0.16
0.16
0.15
0.18
0.20
0.20
0.21
0.20
0.34
5.22%
1.19%
—
18.04
EPS growth%
4.50
2.05
4.18
4.78
5.09
2.92
3.34
2.83
1.03
3.55
6.85
2.92
3.44
8
0.18
Bookvalue per sh£
0.40
0.40
0.43
0.51
0.55
0.60
0.65
0.77
0.91
1.07
0.08
14.46%
12.27%
—
0.07
FCF per share£
0.31
0.31
0.34
0.36
0.40
0.43
0.41
0.41
0.45
0.45
0.49
2.32%
3.37%
—
0.35
Dividend per sh£
0.17
0.16
0.16
0.17
0.16
0.16
0.15
0.16
0.17
0.19
0.44
3.71%
0.47%
—
2.74
Div yield (avg)%
12.05
14.14
13.20
13.68
16.21
15.77
18.61
18.31
17.69
17.84
13.65
17.84
15.99
55
25.83
Payout ratio%
8.01
5.43
6.89
7.38
6.27
5.40
2.54
3.17
5.44
7.23
14.04
5.40
5.86
79
143.0
Shares (diluted)M
147.4
139.2
125.8
124.4
107.0
110.5
121.3
115.4
119.2
118.8
145.0
2.11%
(2.44%)
20
9.98
Buyback yield%
13.24
11.38
10.99
12.14
15.07
15.06
17.39
15.31
14.11
15.30
4.20
15.30
14.58
53
1.496
D/E ratiox
1.037
1.002
0.907
0.890
0.907
0.816
0.854
0.897
0.801
0.765
1.164
0.816
0.894
63
130.3
Enterprise value£M
89.72
77.66
79.44
82.23
89.18
89.48
91.34
86.04
89.73
83.19
36.80
(1.38%)
0.12%
45
73.41
LT debt£M
178.6
199.0
199.4
191.9
222.8
256.3
283.5
329.0
349.2
331.1
90.21
8.25%
6.40%
25
Revenue
£159.0M
6.40%
1.00×
Cost of revenue
£106.1M
6.28%
0.99×
Operating expenses
£29.42M
6.56%
1.02×
Cash and investments
18.32%
Property and equipment
16.84%
Spread over hurdle
(4.29%)