336.1
Revenue£M
225.9
239.8
252.6
265.1
285.6
305.9
333.5
361.5
386.4
406.7
373.5
7.33%
6.92%
66
6.76
Revenue growth%
23.55
24.98
26.67
24.53
24.48
23.21
21.76
20.39
22.19
24.98
28.75
22.19
24.02
50
2.35
Gross margin%
8.42
9.27
9.07
10.34
11.15
8.43
10.22
7.91
5.38
4.96
28.01
7.91
8.75
29
10.46
Operating margin%
33.32
31.43
32.74
31.01
29.08
30.02
27.81
25.75
25.77
27.72
22.11
27.72
29.55
78
9.27
Net margin%
25.12
22.56
23.86
22.22
21.23
21.94
19.84
17.76
18.14
20.05
24.90
19.84
21.58
52
24.98
P/E ratio (avg)x
41.14
44.71
40.21
40.06
39.36
36.95
33.02
35.38
36.07
32.76
14.38
35.38
38.16
20
9.212
EV/EBITx
12.61
13.85
15.77
19.02
20.69
24.22
28.22
32.96
35.57
40.18
33.21
32.96
22.45
19
4.35
FCF yield (avg)%
9.05
8.65
9.84
7.03
6.34
7.97
7.57
10.54
11.16
13.19
7.88
10.54
8.85
85
22.70
FCF margin%
29.47
31.07
33.47
34.39
33.27
33.77
32.95
33.61
35.38
36.98
5.76
33.77
33.54
37
0.439
FCF / Net incomex
1.154
1.288
1.429
1.592
1.452
1.483
1.439
1.368
1.252
1.146
1.306
1.368
1.399
73
16.52
ROIC%
24.67
22.12
22.18
22.11
24.25
23.51
20.71
18.74
17.59
16.63
8.83
18.74
22.11
19
5.44
Return on equity%
18.24
16.64
15.16
18.15
17.08
15.15
14.74
12.83
11.08
11.78
18.13
12.83
15.16
86
8.65
Return on assets%
26.81
28.70
30.24
31.26
29.46
27.28
30.08
30.71
32.95
31.59
21.07
30.71
30.16
18
0.12
EPS£
0.24
0.25
0.28
0.30
0.35
0.35
0.39
0.46
0.50
0.58
0.13
10.77%
10.66%
—
19.61
EPS growth%
26.03
28.84
29.21
31.30
33.65
34.65
36.25
37.97
36.86
38.13
5.06
36.86
34.15
63
0.06
Bookvalue per sh£
0.19
0.19
0.21
0.18
0.18
0.16
0.15
0.16
0.16
0.14
0.18
(5.68%)
(3.65%)
—
0.27
FCF per share£
0.20
0.18
0.16
0.17
0.15
0.16
0.15
0.14
0.13
0.13
0.20
(2.29%)
(5.34%)
—
0.11
Dividend per sh£
0.32
0.35
0.35
0.33
0.38
0.37
0.41
0.45
0.49
0.50
0.21
6.11%
5.09%
—
14.81
Div yield (avg)%
3.40
1.36
0.40
3.36
0.57
0.74
1.20
3.66
4.00
6.59
18.72
3.66
2.36
45
2.08
Payout ratio%
15.38
16.21
15.56
14.11
16.24
15.33
15.93
13.78
13.13
12.41
23.61
13.78
15.36
86
1.841
Shares (diluted)B
1.840
1.750
1.739
1.688
1.837
1.851
1.834
1.864
2.008
2.223
1.840
3.89%
2.78%
5
13.46
Buyback yield%
14.76
16.39
19.23
16.36
13.49
14.15
14.97
13.82
12.73
12.21
24.52
13.82
14.45
54
1.036
D/E ratiox
0.358
0.379
0.415
0.449
0.498
0.464
0.476
0.516
0.473
0.526
1.374
0.476
0.468
29
361.2
Enterprise value£M
481.9
499.7
525.5
538.5
626.8
657.2
659.2
670.3
752.3
737.0
71.81
3.29%
5.69%
24
194.0
LT debt£M
100.8
117.4
135.1
157.9
189.1
220.7
257.8
297.0
306.9
325.1
207.2
11.45%
13.27%
93
Revenue
£406.7M
6.92%
1.00×
Cost of revenue
£207.9M
6.58%
0.97×
Operating expenses
£84.25M
7.25%
1.03×
Cash and investments
16.74%
Spread over hurdle
10.52%