2.697
Revenue£M
2.655
2.767
2.956
3.115
3.253
3.466
3.760
4.020
4.196
4.495
2.781
6.68%
6.01%
28
20.76
Revenue growth%
22.24
22.61
21.63
19.39
22.06
23.78
24.12
25.79
23.55
24.98
6.14
24.12
23.08
22
21.20
Gross margin%
22.01
24.58
24.92
22.18
22.70
24.03
25.64
24.45
26.15
26.96
23.15
25.64
24.52
12
5.66
Operating margin%
6.10
7.89
9.69
10.99
11.87
11.14
13.16
13.09
14.91
15.72
4.90
13.16
11.50
58
24.84
Net margin%
7.66
4.99
7.29
9.13
8.99
7.51
8.56
10.73
7.74
8.57
15.17
8.56
8.15
43
14.40
P/E ratio (avg)x
46.00
45.12
47.71
49.67
50.45
51.81
57.02
67.99
69.11
69.78
21.97
67.99
51.13
19
34.62
EV/EBITx
24.55
25.39
26.22
26.72
23.63
22.55
20.83
19.42
19.85
20.92
17.61
20.83
23.09
61
23.23
FCF yield (avg)%
31.13
33.04
36.00
33.53
31.20
32.34
34.39
34.31
32.59
33.29
15.73
33.29
33.17
71
21.10
FCF margin%
23.84
25.47
27.66
30.40
29.41
31.60
32.80
32.73
34.24
36.53
19.24
32.80
31.00
76
0.698
FCF / Net incomex
0.925
0.907
0.968
0.973
0.881
0.912
0.803
0.784
0.837
0.919
1.035
0.837
0.910
24
14.14
ROIC%
24.78
25.16
27.67
29.30
31.70
33.76
30.93
30.52
32.10
29.23
19.66
30.93
29.91
94
20.32
Return on equity%
21.18
23.23
22.09
21.63
23.41
21.67
18.83
16.74
17.46
15.97
23.78
17.46
21.41
35
11.74
Return on assets%
28.13
26.64
26.31
24.63
22.66
19.68
17.53
16.11
16.80
17.12
9.23
17.12
21.17
24
0.08
EPS£
0.28
0.30
0.28
0.26
0.27
0.26
0.25
0.25
0.27
0.26
0.09
(1.10%)
0.32%
—
21.27
EPS growth%
19.21
21.80
21.08
18.26
17.88
14.93
15.03
13.86
11.16
10.77
22.02
13.86
16.46
28
0.23
Bookvalue per sh£
0.10
0.11
0.11
0.13
0.12
0.14
0.17
0.19
0.22
0.25
0.19
15.17%
11.76%
—
0.32
FCF per share£
0.31
0.35
0.39
0.44
0.47
0.47
0.46
0.51
0.49
0.51
0.19
1.68%
5.64%
—
0.18
Dividend per sh£
0.10
0.11
0.10
0.11
0.10
0.09
0.09
0.08
0.09
0.08
0.27
(3.99%)
(2.99%)
—
7.16
Div yield (avg)%
29.02
28.10
26.43
25.61
27.79
28.07
28.33
29.04
28.44
28.43
18.65
28.43
28.22
61
8.97
Payout ratio%
6.04
9.00
6.27
6.82
9.42
9.63
9.35
10.48
8.33
7.52
21.62
9.35
8.67
78
12.38
Shares (diluted)M
9.683
9.051
8.471
7.901
7.028
6.726
5.877
6.179
6.446
6.152
12.88
(2.63%)
(5.83%)
33
23.53
Buyback yield%
0.44
0.73
1.09
1.61
0.40
0.57
0.40
1.92
2.15
2.08
8.32
1.92
0.91
24
1.306
D/E ratiox
0.608
0.702
0.763
0.709
0.663
0.675
0.624
0.599
0.674
0.778
0.456
0.674
0.675
26
3.476
Enterprise value£M
2.498
2.666
2.619
2.656
2.874
3.266
3.769
4.133
4.628
4.718
2.317
10.42%
6.04%
67
2.691
LT debt£M
0.649
0.720
0.761
0.790
0.748
0.748
0.817
0.772
0.884
0.822
0.393
1.92%
2.38%
33
Revenue
£4.495M
6.01%
1.00×
Cost of revenue
£2.421M
6.08%
1.01×
Operating expenses
£0.911M
6.05%
1.00×
Cash and investments
15.57%
Spread over hurdle
12.93%