0.706
Revenue£B
1.021
1.059
1.083
1.135
1.144
1.191
1.232
1.240
1.280
1.329
0.765
3.05%
2.78%
65
18.99
Revenue growth%
7.87
7.77
7.26
8.27
6.34
5.38
7.95
7.18
6.59
5.09
20.55
6.59
7.22
16
5.17
Gross margin%
11.18
11.66
13.86
14.05
14.55
17.50
19.18
16.32
15.32
16.29
28.43
16.32
14.94
33
24.96
Operating margin%
3.57
2.05
0.40
2.02
0.40
1.05
3.41
0.78
1.65
4.64
28.65
1.65
1.84
9
11.29
Net margin%
22.07
24.57
22.41
23.33
24.33
25.31
26.22
23.93
22.61
21.09
3.60
23.93
23.63
26
16.06
P/E ratio (avg)x
26.67
28.99
29.37
30.06
31.34
29.47
30.34
30.02
33.66
34.98
30.30
30.34
30.04
21
18.04
EV/EBITx
7.857
8.033
8.711
10.19
10.20
10.30
10.83
10.93
13.17
13.72
7.208
10.93
10.25
53
18.23
FCF yield (avg)%
34.91
37.08
35.29
36.43
34.57
33.66
32.23
32.09
34.53
35.41
3.68
33.66
34.74
25
23.91
FCF margin%
22.78
20.93
18.95
20.97
21.82
21.29
18.47
20.05
22.52
21.97
14.89
21.29
21.13
80
1.728
FCF / Net incomex
1.449
1.406
1.245
1.166
1.078
0.925
0.786
0.698
0.750
0.713
0.408
0.750
1.001
55
3.72
ROIC%
9.83
9.34
10.91
11.89
14.78
16.86
16.31
18.17
19.31
19.26
9.41
18.17
15.55
42
9.88
Return on equity%
22.02
21.86
23.47
22.32
20.26
17.56
18.91
21.68
19.59
21.75
20.92
19.59
21.71
8
28.58
Return on assets%
21.91
22.05
19.29
17.95
20.77
23.35
23.51
24.33
25.36
23.17
25.77
23.51
22.61
90
0.70
EPS£
0.96
0.96
1.02
1.16
1.26
1.24
1.47
1.68
2.03
2.14
0.77
11.18%
8.77%
—
26.32
EPS growth%
29.30
28.26
29.29
26.37
25.04
27.19
25.01
25.64
26.65
25.09
16.80
25.64
26.51
47
0.32
Bookvalue per sh£
0.54
0.52
0.49
0.49
0.44
0.44
0.42
0.36
0.32
0.28
0.62
(8.47%)
(5.77%)
—
0.53
FCF per share£
1.03
1.08
1.07
1.19
1.20
1.32
1.50
1.49
1.57
1.45
0.12
3.85%
4.46%
—
0.18
Dividend per sh£
0.53
0.52
0.51
0.54
0.56
0.55
0.56
0.53
0.53
0.49
0.39
(2.79%)
(0.70%)
—
3.16
Div yield (avg)%
14.40
12.36
12.82
15.47
15.91
14.25
13.11
10.14
10.47
11.53
6.80
11.53
12.97
82
8.22
Payout ratio%
16.80
17.64
16.68
18.94
20.78
18.90
21.49
24.03
25.25
27.71
2.95
24.03
19.86
84
2.072
Shares (diluted)B
1.972
1.934
1.927
2.113
2.135
2.000
1.984
1.846
1.997
2.213
2.056
0.72%
0.68%
33
24.80
Buyback yield%
13.36
10.83
13.82
13.42
15.76
13.15
11.00
11.53
11.23
8.41
13.98
11.23
12.34
78
0.435
D/E ratiox
1.269
1.337
1.328
1.422
1.378
1.304
1.147
1.175
1.223
1.050
0.338
1.175
1.286
6
0.141
Enterprise value£B
1.995
2.381
2.737
2.867
3.059
3.644
4.022
3.981
4.178
4.839
1.054
9.60%
9.72%
71
0.936
LT debt£B
1.467
1.465
1.538
1.604
1.608
1.683
1.642
1.661
1.945
2.175
0.451
6.23%
5.58%
25
Revenue
£1.329B
2.78%
1.00×
Cost of revenue
£930.6M
2.78%
1.00×
Operating expenses
£259.3M
2.90%
1.01×
Goodwill & intangibles
16.66%
Property and equipment
16.40%
Cash and investments
15.83%
Spread over hurdle
(5.24%)