2.351
Revenue£M
3.084
3.200
3.345
3.578
3.772
3.927
4.114
4.203
4.318
4.505
2.440
3.61%
4.54%
58
27.38
Revenue growth%
21.78
23.76
21.10
23.42
23.96
24.17
21.36
19.53
16.63
19.44
21.79
19.53
21.57
10
18.75
Gross margin%
1.43
0.40
0.40
0.40
0.72
0.40
1.30
0.40
0.40
0.41
29.38
0.40
0.40
7
29.76
Operating margin%
23.65
23.46
22.39
23.12
24.76
21.98
24.12
21.12
20.54
17.70
23.18
21.12
22.75
29
15.85
Net margin%
7.07
4.46
7.09
7.12
5.95
3.69
4.74
5.57
3.64
6.55
11.59
4.74
5.76
24
34.70
P/E ratio (avg)x
31.97
36.98
37.58
35.44
37.36
37.81
42.88
47.80
46.65
54.47
18.28
46.65
37.70
49
22.12
EV/EBITx
15.66
16.73
16.46
16.57
17.06
14.56
14.70
15.27
13.08
13.15
23.29
14.56
15.47
45
9.65
FCF yield (avg)%
5.88
3.63
5.33
6.65
7.76
8.52
7.82
8.70
8.79
10.11
4.13
8.70
7.79
47
11.98
FCF margin%
14.02
11.10
9.60
9.01
8.31
9.81
8.92
6.44
4.42
4.99
15.79
6.44
8.96
71
1.614
FCF / Net incomex
0.501
0.501
0.481
0.507
0.459
0.464
0.407
0.397
0.416
0.430
0.842
0.416
0.461
56
12.93
ROIC%
1.25
3.71
3.74
6.54
9.43
10.56
10.29
7.76
8.03
7.20
12.95
8.03
7.48
64
27.97
Return on equity%
27.29
25.05
25.01
22.97
23.00
23.33
25.92
24.87
23.72
21.59
11.78
23.72
24.29
40
18.53
Return on assets%
15.32
15.19
15.89
13.36
13.43
16.00
16.64
16.61
14.51
12.91
15.29
16.00
15.25
34
0.02
EPS£
0.06
0.07
0.07
0.08
0.09
0.10
0.10
0.10
0.10
0.12
0.02
6.19%
8.15%
—
6.37
EPS growth%
6.88
7.01
8.97
8.11
7.71
9.08
10.99
11.76
10.93
12.18
20.57
10.99
9.02
17
0.05
Bookvalue per sh£
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.05
0.88%
(1.29%)
—
0.07
FCF per share£
0.05
0.05
0.04
0.05
0.05
0.05
0.05
0.05
0.04
0.04
0.04
(4.46%)
(1.71%)
—
0.04
Dividend per sh£
0.01
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
(9.07%)
(7.04%)
—
24.10
Div yield (avg)%
4.42
1.50
1.75
0.40
0.40
1.45
0.80
1.19
3.96
5.52
15.54
1.45
1.48
37
19.10
Payout ratio%
16.21
15.77
14.60
15.58
13.57
15.75
15.99
15.54
13.21
10.85
7.22
15.54
15.56
72
14.91
Shares (diluted)M
18.17
19.28
22.84
24.60
28.43
27.10
30.36
33.03
33.58
32.45
15.49
2.67%
5.96%
47
23.91
Buyback yield%
10.09
7.11
7.20
5.10
7.47
8.35
9.47
10.12
10.25
10.71
29.23
10.12
8.91
77
0.228
D/E ratiox
2.366
2.613
2.992
3.556
3.520
3.582
3.987
3.852
4.570
4.785
1.371
3.987
3.569
13
1.347
Enterprise value£M
1.114
1.021
1.002
0.954
1.030
1.050
1.116
1.081
1.157
1.056
1.019
0.51%
(0.45%)
33
2.702
LT debt£M
1.225
1.161
1.255
1.365
1.370
1.470
1.444
1.265
1.198
1.062
2.927
(4.97%)
(2.34%)
81
Revenue
£4.505M
4.54%
1.00×
Cost of revenue
£2.244M
4.90%
1.03×
Operating expenses
£0.767M
3.80%
0.93×
Spread over hurdle
11.34%