178.4
Revenue£M
367.7
375.7
382.7
387.1
389.3
399.6
410.7
422.9
417.0
416.4
196.8
1.36%
1.16%
35
28.01
Revenue growth%
11.39
9.06
7.22
6.26
5.24
8.15
9.20
8.46
8.47
6.56
10.82
8.46
8.31
20
15.35
Gross margin%
27.53
26.70
26.39
26.33
27.74
26.37
26.42
27.66
26.59
26.79
24.92
26.59
26.64
76
29.07
Operating margin%
26.85
24.77
21.96
19.68
22.38
21.98
23.24
22.80
25.40
24.98
8.74
23.24
23.02
40
13.04
Net margin%
2.53
2.13
0.40
0.60
3.37
2.99
3.56
2.12
0.40
0.40
21.03
2.12
2.13
50
36.29
P/E ratio (avg)x
26.20
26.41
28.79
31.31
31.60
30.80
31.10
29.21
29.95
34.01
22.52
30.80
30.38
48
22.47
EV/EBITx
13.74
14.89
17.82
17.64
17.77
20.68
24.19
25.26
25.77
29.72
20.95
25.26
19.25
39
4.65
FCF yield (avg)%
17.21
16.18
15.24
12.61
11.15
14.09
15.17
14.12
14.92
16.47
24.47
14.92
15.05
82
24.05
FCF margin%
25.18
24.83
26.68
29.56
31.66
31.93
29.35
30.21
30.55
33.05
29.11
30.55
29.88
25
1.382
FCF / Net incomex
1.984
2.263
2.411
2.250
2.472
2.701
2.738
2.577
2.813
2.749
0.288
2.738
2.524
67
18.74
ROIC%
8.24
10.29
9.19
10.34
9.53
9.17
11.43
12.08
13.77
13.27
26.34
12.08
10.31
50
16.53
Return on equity%
19.67
20.25
19.10
20.43
22.00
21.25
18.61
21.00
21.47
19.17
26.62
21.00
20.34
52
16.03
Return on assets%
20.69
19.15
18.11
20.12
17.26
17.14
14.46
16.87
16.82
14.76
28.44
16.82
17.20
79
0.73
EPS£
0.78
0.84
0.76
0.67
0.63
0.68
0.73
0.65
0.70
0.74
0.81
3.15%
0.38%
—
3.23
EPS growth%
26.86
26.96
25.71
27.97
29.76
30.57
31.68
30.88
29.61
31.25
16.18
30.88
29.69
68
0.79
Bookvalue per sh£
1.10
1.28
1.43
1.40
1.62
1.77
1.83
2.06
2.04
2.00
0.74
4.33%
6.57%
—
0.19
FCF per share£
0.34
0.36
0.35
0.34
0.35
0.31
0.29
0.30
0.30
0.30
1.03
(2.82%)
(0.55%)
—
0.96
Dividend per sh£
1.01
1.20
1.37
1.50
1.78
2.10
2.28
2.51
3.00
3.33
0.78
13.35%
13.68%
—
18.37
Div yield (avg)%
21.30
21.73
24.34
24.68
23.37
24.65
25.07
23.10
24.14
24.91
11.33
24.65
24.24
37
5.42
Payout ratio%
4.54
3.68
5.47
4.68
5.24
2.46
2.58
5.56
5.55
6.91
5.07
5.55
4.96
48
183.0
Shares (diluted)M
187.2
177.8
176.4
172.7
190.7
188.1
174.0
192.3
182.7
189.9
182.1
(0.08%)
0.52%
27
3.79
Buyback yield%
29.05
30.31
30.67
31.69
33.47
35.76
38.43
38.57
38.40
40.21
13.17
38.43
34.61
88
0.499
D/E ratiox
0.428
0.403
0.402
0.374
0.412
0.412
0.403
0.426
0.463
0.498
1.261
0.426
0.412
38
273.8
Enterprise value£M
56.53
66.93
79.70
89.10
103.8
119.0
121.7
118.0
118.9
139.2
364.3
6.05%
10.61%
15
105.2
LT debt£M
108.6
113.4
121.9
131.4
128.4
146.9
165.6
196.8
212.6
233.1
354.8
12.66%
8.50%
9
Revenue
£416.4M
1.16%
1.00×
Cost of revenue
£283.3M
1.20%
1.00×
Operating expenses
£85.24M
0.95%
0.98×
Cash and investments
17.81%
Property and equipment
16.78%
Spread over hurdle
17.25%