8.794
Revenue£M
21.40
23.61
26.20
28.36
30.75
32.99
36.42
39.65
42.10
46.45
9.807
8.60%
9.02%
55
10.90
Revenue growth%
0.53
0.69
3.44
0.75
2.53
0.40
3.10
3.56
3.31
1.84
23.15
3.10
2.19
90
29.87
Gross margin%
15.91
14.88
12.24
11.75
13.04
13.85
11.48
9.46
6.70
7.62
12.26
9.46
11.99
78
15.84
Operating margin%
1.80
0.40
0.74
1.09
3.78
1.05
0.40
0.40
0.40
3.37
2.50
0.40
0.89
39
17.89
Net margin%
26.66
26.94
27.03
24.74
24.58
23.40
24.36
24.42
25.19
24.22
12.22
24.36
24.66
77
26.59
P/E ratio (avg)x
52.26
55.61
59.61
67.03
65.09
71.36
78.05
82.66
83.63
88.35
28.31
82.66
69.20
79
19.71
EV/EBITx
17.29
17.14
17.03
17.22
15.97
17.59
17.12
16.24
14.93
14.50
30.06
16.24
17.07
53
8.96
FCF yield (avg)%
9.68
8.31
7.57
6.28
4.10
4.41
1.82
0.69
0.40
0.54
19.64
0.69
4.26
66
28.78
FCF margin%
22.06
22.81
21.80
18.86
21.47
19.61
20.55
19.90
19.88
17.52
5.60
19.88
20.22
67
1.261
FCF / Net incomex
0.515
0.583
0.625
0.687
0.647
0.689
0.652
0.698
0.709
0.672
0.406
0.689
0.662
12
15.12
ROIC%
24.33
26.16
26.93
24.58
25.20
26.99
25.26
25.10
22.84
23.60
11.34
25.10
25.15
12
3.52
Return on equity%
8.75
7.00
8.37
6.73
4.12
6.75
4.53
4.50
7.32
6.75
15.51
6.75
6.75
18
23.89
Return on assets%
23.87
25.61
24.55
21.71
24.29
25.60
22.75
24.23
24.21
23.21
22.13
24.21
24.22
91
0.17
EPS£
0.25
0.24
0.25
0.27
0.26
0.27
0.30
0.32
0.34
0.36
0.18
6.65%
4.01%
—
11.20
EPS growth%
19.96
21.97
22.14
21.31
19.61
22.26
22.67
20.33
19.01
19.51
20.48
20.33
20.82
90
0.19
Bookvalue per sh£
0.40
0.40
0.41
0.46
0.47
0.54
0.61
0.58
0.66
0.72
0.17
8.88%
6.55%
—
0.16
FCF per share£
0.16
0.17
0.19
0.20
0.22
0.24
0.27
0.29
0.28
0.31
0.12
7.39%
8.29%
—
0.10
Dividend per sh£
0.11
0.11
0.11
0.10
0.09
0.09
0.09
0.08
0.08
0.08
0.13
(2.39%)
(4.19%)
—
2.84
Div yield (avg)%
25.77
25.60
26.72
26.40
28.57
29.62
28.35
31.28
30.56
32.82
7.65
30.56
28.46
61
18.43
Payout ratio%
7.61
8.29
10.35
12.41
12.61
15.04
14.19
11.31
8.64
8.61
25.95
11.31
10.83
71
109.9
Shares (diluted)M
170.0
186.4
220.3
222.9
265.3
259.5
298.4
339.1
339.8
370.8
109.3
6.93%
9.17%
39
13.18
Buyback yield%
29.63
32.04
33.75
35.18
37.91
35.40
36.67
36.16
37.70
38.68
28.03
36.67
35.78
83
1.435
D/E ratiox
0.228
0.249
0.239
0.234
0.228
0.232
0.248
0.236
0.252
0.280
1.513
0.248
0.237
35
14.96
Enterprise value£M
73.91
78.99
84.91
92.77
105.7
111.2
128.9
144.5
163.0
180.2
45.66
11.26%
9.25%
16
53.88
LT debt£M
11.57
11.77
12.61
12.92
11.54
11.65
11.19
10.65
11.44
10.77
53.30
(1.38%)
(1.44%)
38
Revenue
£46.45M
9.02%
1.00×
Cost of revenue
£32.35M
9.14%
1.01×
Operating expenses
£5.126M
8.42%
0.95×
Property and equipment
15.90%
Spread over hurdle
(2.05%)