1.190
Revenue£M
1.435
1.554
1.666
1.765
1.868
1.967
2.079
2.191
2.312
2.475
1.244
5.79%
6.16%
91
25.09
Revenue growth%
10.30
12.87
14.13
14.58
12.05
13.91
13.95
14.55
13.33
12.31
18.99
13.91
13.62
62
3.64
Gross margin%
23.64
25.46
22.72
24.38
25.71
26.75
23.87
26.16
28.29
28.23
29.24
26.75
25.59
11
28.71
Operating margin%
14.13
15.48
17.43
19.31
19.08
18.90
16.57
17.45
15.98
14.76
19.78
16.57
17.00
47
27.66
Net margin%
15.63
14.83
12.81
12.34
10.08
9.03
8.33
10.28
12.11
11.72
4.85
10.28
11.92
24
32.55
P/E ratio (avg)x
7.029
7.401
6.338
6.652
7.182
7.294
6.931
6.985
6.090
5.653
37.04
6.931
6.958
55
28.10
EV/EBITx
26.36
28.03
31.03
35.17
32.72
31.33
31.14
32.48
36.75
35.19
26.88
32.48
31.91
46
18.59
FCF yield (avg)%
24.40
26.18
24.81
22.66
22.05
22.74
19.98
22.23
24.55
23.67
9.71
22.74
23.20
94
18.76
FCF margin%
28.35
26.06
26.37
27.23
30.14
30.24
30.67
32.12
30.08
29.85
10.75
30.24
29.96
46
0.123
FCF / Net incomex
0.655
0.645
0.710
0.686
0.674
0.742
0.830
0.894
0.989
0.924
0.624
0.894
0.726
30
10.09
ROIC%
4.13
5.39
5.30
4.42
4.62
4.10
5.60
4.61
4.08
2.92
26.20
4.10
4.52
31
26.73
Return on equity%
12.39
11.12
9.16
7.89
10.47
10.76
10.86
12.13
9.31
9.63
9.51
10.76
10.62
64
19.12
Return on assets%
0.40
0.40
0.40
1.90
1.54
2.45
3.50
5.33
6.19
7.19
24.58
5.33
2.18
5
—
EPS£
—
—
—
—
—
—
—
—
—
—
—
0.65%
0.91%
—
27.20
EPS growth%
32.46
32.56
35.22
36.06
33.61
35.00
36.38
35.40
34.42
32.39
7.03
35.00
34.71
30
—
Bookvalue per sh£
—
—
—
—
—
—
—
—
—
—
—
11.59%
12.89%
—
—
FCF per share£
—
—
—
—
—
—
—
—
—
—
—
3.83%
3.33%
—
—
Dividend per sh£
—
—
—
—
—
—
—
—
—
—
—
(0.79%)
0.38%
—
23.23
Div yield (avg)%
26.03
23.32
21.79
18.88
16.45
13.57
13.10
10.29
9.82
9.14
5.88
10.29
15.01
88
9.91
Payout ratio%
17.09
15.06
16.07
17.75
18.04
15.33
17.58
15.68
13.18
11.99
24.89
15.33
15.87
27
365.1
Shares (diluted)M
331.3
292.2
309.1
290.7
290.8
297.7
257.0
227.6
230.8
201.2
347.7
(7.10%)
(4.35%)
74
29.33
Buyback yield%
3.36
5.37
5.59
7.54
5.66
6.08
3.41
2.87
0.41
2.05
3.90
2.87
4.39
51
0.341
D/E ratiox
0.385
0.376
0.394
0.403
0.399
0.414
0.442
0.411
0.378
0.387
0.370
0.411
0.396
79
2.086
Enterprise value£M
1.761
1.998
2.157
2.377
2.326
2.493
2.821
2.536
2.722
3.018
0.206
5.34%
6.39%
57
1.870
LT debt£M
0.191
0.206
0.234
0.236
0.214
0.229
0.237
0.245
0.231
0.262
1.804
4.10%
2.46%
84
Revenue
£2.475M
6.16%
1.00×
Cost of revenue
£1.507M
6.43%
1.03×
Operating expenses
£0.299M
4.73%
0.87×
Property and equipment
15.39%
Spread over hurdle
33.31%