586.2
Revenue£M
477.0
499.6
519.2
526.7
530.0
534.6
562.1
590.1
618.5
631.5
629.1
3.57%
3.05%
27
5.21
Revenue growth%
12.10
12.96
15.38
17.91
20.12
19.76
19.64
22.27
22.09
22.98
11.14
22.09
19.70
89
23.48
Gross margin%
21.42
18.56
18.97
18.41
16.19
14.18
16.72
14.12
15.27
13.22
11.76
14.18
16.46
90
9.34
Operating margin%
2.28
2.80
4.73
6.77
9.23
9.01
10.99
13.68
16.10
19.01
9.85
13.68
9.12
89
22.36
Net margin%
9.91
9.95
11.09
11.27
11.27
13.27
15.81
16.98
19.89
19.43
7.00
16.98
12.27
37
29.19
P/E ratio (avg)x
8.280
8.732
9.530
10.27
11.84
12.80
12.03
11.56
13.35
14.05
8.099
12.80
11.70
25
28.29
EV/EBITx
30.10
31.14
27.98
26.09
28.38
25.64
25.99
24.33
23.09
21.61
20.39
24.33
26.04
93
21.78
FCF yield (avg)%
20.46
17.92
15.08
15.70
15.00
17.15
15.89
16.53
14.27
17.02
24.89
16.53
16.21
9
2.38
FCF margin%
3.72
3.71
2.83
1.80
1.89
0.40
1.68
2.71
0.40
1.22
10.90
1.22
1.85
83
1.607
FCF / Net incomex
1.448
1.564
1.779
1.946
1.922
1.847
2.109
2.393
2.636
2.690
0.529
2.393
1.934
27
5.64
ROIC%
23.76
21.54
18.58
18.95
21.58
18.64
18.57
20.66
21.61
20.79
29.03
20.66
20.72
46
20.22
Return on equity%
23.61
21.96
19.33
18.63
21.17
20.57
20.00
20.44
18.00
19.36
10.29
20.00
20.22
43
10.95
Return on assets%
2.91
3.10
1.87
4.31
1.79
3.83
6.22
3.27
1.59
2.91
20.66
3.27
3.01
31
1.81
EPS£
0.31
0.29
0.30
0.29
0.28
0.25
0.24
0.23
0.23
0.25
1.93
(2.71%)
(3.28%)
—
24.39
EPS growth%
22.20
22.14
23.67
25.21
26.83
25.58
27.78
25.73
23.34
23.43
8.25
25.58
24.44
73
1.65
Bookvalue per sh£
1.21
1.24
1.46
1.57
1.86
2.11
2.50
2.40
2.79
2.82
2.98
8.77%
10.77%
—
1.62
FCF per share£
2.83
3.05
3.34
3.57
3.19
3.48
3.73
4.12
4.42
4.22
0.79
5.79%
4.38%
—
2.69
Dividend per sh£
1.97
2.21
2.40
2.55
2.57
3.04
3.41
3.47
3.54
3.85
2.07
8.42%
7.24%
—
2.99
Div yield (avg)%
7.07
8.08
7.59
6.22
6.58
6.90
7.23
8.39
6.69
6.69
18.89
6.90
6.98
81
26.72
Payout ratio%
1.34
0.40
0.40
0.40
2.39
3.39
1.45
1.49
4.42
3.53
12.07
3.39
1.47
8
102.0
Shares (diluted)M
85.14
75.84
82.00
74.44
80.37
87.75
78.71
82.81
88.83
92.26
98.93
2.80%
1.52%
32
27.31
Buyback yield%
29.11
31.65
30.52
28.45
29.95
31.12
30.52
32.11
31.13
29.67
9.63
31.12
30.52
15
0.305
D/E ratiox
0.966
1.065
1.152
1.307
1.326
1.405
1.269
1.406
1.289
1.396
1.250
1.396
1.298
72
197.5
Enterprise value£M
324.4
275.6
284.6
293.7
260.7
242.7
235.8
217.2
225.9
210.7
127.4
(4.17%)
(5.41%)
45
385.3
LT debt£M
103.4
102.4
112.5
115.8
137.9
140.3
149.0
157.6
153.6
156.2
30.34
2.52%
6.10%
56
Revenue
£631.5M
3.05%
1.00×
Cost of revenue
£430.2M
2.94%
0.99×
Operating expenses
£112.6M
2.73%
0.97×
Spread over hurdle
(5.50%)