1.272
Revenue£B
0.599
0.658
0.716
0.784
0.843
0.897
0.973
1.052
1.123
1.230
1.354
7.85%
8.29%
61
27.13
Revenue growth%
23.95
21.56
23.18
24.71
23.18
24.51
26.24
24.24
24.85
26.56
12.01
24.85
24.38
74
22.84
Gross margin%
12.58
14.86
17.50
19.56
20.32
17.56
18.73
16.77
16.33
14.65
5.18
16.77
17.13
36
6.01
Operating margin%
7.04
4.42
7.29
7.28
5.77
6.45
3.72
5.23
7.14
6.04
24.63
6.04
6.24
31
18.06
Net margin%
27.09
24.97
21.98
20.11
17.17
17.92
19.58
19.40
18.13
20.02
13.91
19.40
19.80
12
12.31
P/E ratio (avg)x
11.64
11.27
10.15
9.265
9.977
10.41
10.89
10.84
10.21
10.02
23.38
10.41
10.31
13
16.62
EV/EBITx
30.64
31.66
35.46
40.51
43.74
51.28
56.30
67.21
66.79
71.50
22.34
66.79
47.51
74
10.59
FCF yield (avg)%
18.44
15.85
14.30
15.53
15.60
17.97
18.33
19.95
17.15
18.29
6.90
18.29
17.56
46
27.72
FCF margin%
4.37
1.93
3.55
5.30
5.46
6.31
6.23
6.19
3.94
3.15
22.97
6.19
4.84
71
1.394
FCF / Net incomex
0.521
0.558
0.485
0.523
0.530
0.487
0.488
0.521
0.507
0.497
0.867
0.497
0.514
83
29.31
ROIC%
5.12
4.52
2.57
3.78
4.24
3.51
1.39
2.47
3.60
2.76
9.32
2.76
3.55
65
5.02
Return on equity%
1.61
3.43
5.86
8.21
8.33
8.92
10.66
9.88
11.72
10.01
2.15
10.01
8.63
16
12.51
Return on assets%
17.42
15.80
18.31
18.94
19.62
21.03
18.05
18.86
16.19
13.83
20.58
18.05
18.18
82
0.05
EPS£
0.18
0.19
0.19
0.20
0.21
0.22
0.21
0.21
0.22
0.23
0.06
1.94%
1.86%
—
25.34
EPS growth%
12.29
14.04
13.02
12.59
12.70
15.57
13.25
11.97
13.50
11.58
2.52
13.25
12.86
87
0.17
Bookvalue per sh£
0.08
0.08
0.08
0.08
0.09
0.08
0.07
0.06
0.06
0.05
0.03
(10.28%)
(6.10%)
—
0.13
FCF per share£
0.09
0.11
0.11
0.12
0.13
0.13
0.14
0.15
0.18
0.20
0.08
8.05%
8.08%
—
0.12
Dividend per sh£
0.15
0.13
0.14
0.15
0.15
0.16
0.17
0.19
0.20
0.18
0.15
3.82%
1.24%
—
8.13
Div yield (avg)%
26.97
26.31
25.93
24.32
27.09
24.86
22.75
24.67
26.37
25.35
22.78
24.86
25.64
41
15.20
Payout ratio%
30.88
33.30
32.52
30.87
31.12
28.12
30.91
33.24
36.19
35.42
26.11
33.24
31.82
33
2.361
Shares (diluted)B
3.004
3.086
3.154
2.998
2.776
2.754
2.957
3.023
2.887
3.250
2.328
3.20%
1.62%
71
27.99
Buyback yield%
5.37
6.59
6.57
5.74
5.47
4.92
2.01
0.40
0.40
2.52
29.07
2.01
5.15
76
1.261
D/E ratiox
0.955
0.896
0.902
0.997
1.105
1.189
1.216
1.399
1.479
1.442
1.640
1.399
1.147
75
1.109
Enterprise value£B
1.118
1.195
1.292
1.310
1.444
1.437
1.438
1.636
1.641
1.830
1.259
4.85%
5.41%
93
1,176
LT debt£M
139.0
151.3
169.4
180.8
165.7
169.5
157.0
149.6
171.1
163.6
610.4
(0.25%)
0.72%
71
Revenue
£1.230B
8.29%
1.00×
Cost of revenue
£806.4M
8.11%
0.98×
Operating expenses
£230.4M
8.37%
1.01×
Goodwill & intangibles
18.13%
Spread over hurdle
(6.57%)