38.33
Revenue£M
30.11
31.41
32.86
34.06
36.73
38.62
40.66
43.24
45.66
47.21
42.44
5.15%
5.18%
85
6.75
Revenue growth%
22.71
25.39
27.27
26.71
29.63
29.75
30.49
30.53
31.26
33.34
5.86
30.53
29.69
58
12.99
Gross margin%
14.73
13.57
16.53
13.65
12.86
12.23
15.19
14.92
13.26
15.31
20.63
14.92
14.19
89
12.66
Operating margin%
1.10
0.40
0.40
2.85
4.77
7.58
10.47
9.53
12.50
12.72
28.85
10.47
6.17
11
5.74
Net margin%
14.46
11.80
9.14
7.17
7.78
6.72
7.33
6.35
6.73
5.96
19.95
6.72
7.25
13
16.57
P/E ratio (avg)x
30.28
31.49
32.00
32.15
27.78
28.58
29.81
27.59
29.39
31.15
34.05
29.39
30.04
13
32.03
EV/EBITx
6.074
6.189
6.667
7.005
7.186
6.233
5.889
5.123
5.160
4.702
29.10
5.160
6.132
47
4.71
FCF yield (avg)%
6.20
9.05
11.46
9.35
11.87
9.02
6.38
3.88
4.33
2.13
11.15
4.33
7.70
5
27.95
FCF margin%
13.90
15.60
17.13
17.73
17.23
15.25
17.68
16.22
18.13
16.89
17.85
16.89
17.01
51
0.768
FCF / Net incomex
0.147
0.151
0.162
0.162
0.152
0.160
0.182
0.179
0.185
0.200
1.249
0.182
0.162
91
2.82
ROIC%
12.94
11.05
13.18
10.55
10.87
8.85
7.32
9.45
11.26
12.77
18.91
9.45
10.96
27
16.55
Return on equity%
28.14
29.20
32.02
32.30
32.40
31.62
30.83
32.68
30.44
33.43
24.85
31.62
31.82
45
12.11
Return on assets%
8.62
9.40
9.54
9.85
11.65
11.32
13.66
12.76
11.31
11.72
18.12
11.72
11.32
58
0.13
EPS£
0.16
0.18
0.20
0.20
0.21
0.19
0.18
0.18
0.17
0.18
0.15
(3.05%)
2.24%
—
4.82
EPS growth%
12.78
9.99
12.49
11.08
10.88
11.07
10.70
12.90
12.43
12.85
26.78
12.43
11.76
72
0.13
Bookvalue per sh£
0.11
0.11
0.12
0.11
0.11
0.11
0.11
0.12
0.13
0.15
0.08
6.41%
3.29%
—
0.03
FCF per share£
0.08
0.09
0.08
0.10
0.11
0.12
0.12
0.12
0.13
0.14
0.09
4.55%
6.10%
—
0.08
Dividend per sh£
0.18
0.19
0.20
0.21
0.19
0.18
0.16
0.18
0.20
0.20
0.09
0.86%
0.33%
—
5.33
Div yield (avg)%
3.77
2.85
3.72
6.68
8.99
11.88
13.56
15.38
16.67
18.90
28.52
15.38
10.44
72
22.48
Payout ratio%
10.60
13.17
14.01
15.28
13.39
13.97
12.33
11.99
10.87
10.02
15.99
11.99
12.75
30
232.9
Shares (diluted)M
329.6
341.5
322.2
304.5
309.2
311.8
336.8
350.8
366.6
400.4
240.0
5.31%
2.67%
70
25.77
Buyback yield%
6.21
3.42
1.83
1.97
0.40
0.40
0.40
1.58
3.41
4.41
27.98
1.58
1.90
47
0.961
D/E ratiox
0.301
0.303
0.283
0.268
0.294
0.274
0.283
0.268
0.274
0.308
1.414
0.274
0.283
41
33.98
Enterprise value£M
49.96
51.53
56.75
50.31
53.07
55.92
53.23
46.99
46.45
45.99
57.56
(2.83%)
(0.30%)
79
53.06
LT debt£M
20.67
18.71
20.55
18.48
17.28
16.94
15.76
13.90
12.45
11.94
27.75
(7.12%)
(5.82%)
19
Revenue
£47.21M
5.18%
1.00×
Cost of revenue
£33.05M
5.18%
1.00×
Operating expenses
£10.45M
5.40%
1.02×
Goodwill & intangibles
14.22%
Spread over hurdle
(7.44%)