280.0
Revenue£M
350.4
353.4
353.2
359.9
359.2
358.9
370.1
383.5
391.1
403.6
295.7
2.36%
1.46%
50
22.93
Revenue growth%
20.16
20.61
19.54
21.09
22.42
20.41
18.24
20.69
23.57
24.75
22.11
20.69
20.65
50
12.06
Gross margin%
28.37
28.42
29.31
27.75
25.28
24.89
24.09
23.63
22.08
20.21
25.71
23.63
25.08
45
14.31
Operating margin%
23.39
23.56
21.10
19.27
18.23
19.86
18.87
16.27
18.29
15.35
6.00
18.29
19.07
43
19.64
Net margin%
29.12
30.48
31.88
32.62
34.90
34.56
37.45
34.63
35.15
33.83
2.24
34.63
34.19
52
10.34
P/E ratio (avg)x
15.26
16.90
18.15
18.21
20.70
21.17
19.97
18.43
19.84
21.77
24.32
19.97
19.13
27
24.22
EV/EBITx
5.800
5.878
5.666
6.181
6.410
7.132
7.384
7.360
7.764
8.384
33.92
7.384
6.771
62
10.86
FCF yield (avg)%
23.10
22.72
23.20
25.15
23.24
25.51
25.18
22.36
20.97
23.57
23.56
23.57
23.22
38
5.05
FCF margin%
11.72
10.76
10.63
12.83
13.97
11.58
12.67
14.34
13.16
11.74
13.74
12.67
12.20
75
0.709
FCF / Net incomex
1.403
1.299
1.297
1.394
1.434
1.377
1.283
1.265
1.311
1.434
1.658
1.311
1.344
88
5.59
ROIC%
32.32
30.01
31.23
30.12
29.95
30.24
30.32
30.13
32.40
29.83
22.01
30.24
30.19
58
9.69
Return on equity%
17.95
16.56
19.36
21.68
23.04
20.71
22.19
21.41
23.60
24.98
22.46
22.19
21.54
55
20.25
Return on assets%
15.76
13.53
13.29
10.81
11.25
13.37
12.84
10.18
9.46
10.21
5.09
10.21
12.05
43
0.54
EPS£
2.41
2.64
2.51
2.73
2.98
2.98
3.23
3.45
3.96
4.58
0.55
9.01%
6.70%
—
27.58
EPS growth%
33.10
33.72
34.58
37.42
38.69
39.31
38.51
41.36
42.42
40.21
8.23
40.21
38.60
49
0.98
Bookvalue per sh£
0.93
1.05
1.16
1.22
1.22
1.34
1.48
1.45
1.44
1.48
0.83
3.81%
6.70%
—
1.47
FCF per share£
0.36
0.40
0.41
0.43
0.45
0.47
0.51
0.48
0.54
0.49
0.68
1.90%
3.33%
—
1.57
Dividend per sh£
1.34
1.33
1.57
1.77
1.91
2.19
2.20
2.16
2.44
2.58
1.26
6.18%
7.02%
—
29.66
Div yield (avg)%
12.04
10.20
10.38
13.20
10.46
10.27
8.05
9.80
9.76
9.74
23.53
9.76
10.24
58
14.66
Payout ratio%
10.64
12.84
11.70
11.16
9.88
7.98
5.18
2.20
2.60
1.35
10.02
2.60
8.93
46
146.8
Shares (diluted)M
121.9
106.8
115.5
118.2
120.3
122.4
130.7
141.6
152.4
156.0
141.6
5.33%
1.10%
43
12.54
Buyback yield%
24.86
25.05
26.19
28.41
26.16
26.63
25.69
25.66
24.48
23.76
24.90
25.66
25.68
48
1.412
D/E ratiox
1.780
1.608
1.438
1.528
1.420
1.273
1.236
1.136
1.240
1.145
0.161
1.236
1.346
33
96.18
Enterprise value£M
63.32
62.90
57.13
49.36
52.06
52.45
46.21
47.82
47.23
41.26
332.4
(4.54%)
(3.90%)
19
302.6
LT debt£M
234.5
239.4
224.4
213.5
233.9
255.0
243.1
221.5
210.3
197.7
143.2
(3.30%)
(2.51%)
63
Revenue
£403.6M
1.46%
1.00×
Cost of revenue
£241.7M
1.52%
1.01×
Operating expenses
£92.97M
1.36%
0.99×
Cash and investments
14.59%
Spread over hurdle
38.26%