1.020
Revenue£B
0.921
0.975
1.053
1.131
1.196
1.285
1.357
1.442
1.576
1.653
1.064
6.68%
6.96%
63
5.18
Revenue growth%
6.47
5.09
4.96
6.87
9.62
6.63
7.14
4.20
4.19
4.39
14.97
4.39
5.78
56
5.14
Gross margin%
23.52
22.66
22.71
21.37
23.62
23.96
26.20
27.01
24.51
24.07
12.91
24.51
23.79
22
2.78
Operating margin%
14.16
15.49
13.46
11.56
12.57
13.48
11.36
9.57
11.42
13.62
14.69
11.42
13.02
49
20.63
Net margin%
3.15
2.32
0.40
1.27
1.61
2.79
1.67
3.77
5.12
4.43
8.22
3.77
2.56
82
21.07
P/E ratio (avg)x
41.31
39.11
39.71
37.07
36.17
40.43
46.32
43.54
43.74
44.98
31.91
43.74
40.87
64
22.99
EV/EBITx
18.93
21.79
20.52
20.94
21.40
19.70
19.77
18.59
20.63
20.39
9.523
19.77
20.46
78
24.44
FCF yield (avg)%
2.14
2.46
3.65
2.41
4.90
5.66
6.91
6.96
7.98
10.38
19.78
6.96
5.28
59
27.51
FCF margin%
18.54
17.48
15.92
17.05
18.11
17.78
17.37
17.71
15.84
17.06
4.31
17.37
17.43
92
0.635
FCF / Net incomex
0.543
0.531
0.572
0.639
0.676
0.767
0.741
0.855
0.917
1.077
0.292
0.855
0.708
29
23.43
ROIC%
13.46
12.82
11.12
9.24
9.49
9.62
11.80
9.59
11.33
12.83
9.22
11.33
11.22
91
23.95
Return on equity%
0.79
0.40
0.40
0.96
0.40
0.40
0.45
1.70
0.88
2.32
4.80
0.88
0.62
24
29.42
Return on assets%
20.77
22.29
24.83
23.16
21.30
19.69
19.37
20.40
18.91
20.84
28.89
19.69
20.80
57
2.94
EPS£
7.18
7.17
8.07
8.20
9.43
9.78
9.24
9.35
9.45
10.27
3.05
1.72%
3.74%
—
19.42
EPS growth%
25.43
27.50
26.40
28.27
28.94
31.43
30.60
31.63
29.00
28.79
8.50
30.60
28.87
65
2.11
Bookvalue per sh£
2.92
2.64
2.24
2.39
2.28
1.95
1.83
1.62
1.41
1.30
3.76
(10.55%)
(6.98%)
—
2.57
FCF per share£
8.07
8.68
9.42
10.82
10.45
11.56
11.82
13.79
16.00
17.34
3.66
10.67%
8.23%
—
4.96
Dividend per sh£
1.93
1.79
1.55
1.61
1.77
1.82
1.93
2.04
1.85
2.02
1.31
2.62%
0.37%
—
14.96
Div yield (avg)%
13.56
12.04
10.64
12.52
13.34
11.90
11.00
10.59
10.95
10.35
12.65
10.95
11.45
65
29.63
Payout ratio%
0.66
1.01
0.40
1.03
0.40
0.40
1.03
0.64
1.79
1.09
29.02
1.03
0.83
27
305.2
Shares (diluted)M
273.3
258.9
239.8
265.7
275.9
267.0
253.5
226.4
251.4
260.4
295.4
(1.15%)
(0.99%)
8
17.24
Buyback yield%
13.31
10.70
12.64
13.94
15.52
18.23
20.03
20.00
19.00
19.78
14.59
19.78
16.87
16
1.132
D/E ratiox
1.104
1.258
1.300
1.198
1.267
1.322
1.316
1.228
1.319
1.501
1.212
1.319
1.284
16
2.153
Enterprise value£B
4.338
4.416
5.146
5.031
5.674
6.621
7.001
7.260
7.553
8.883
1.511
9.38%
9.48%
24
0.391
LT debt£B
3.164
3.385
3.329
3.043
3.102
2.844
3.025
2.905
3.114
3.155
0.822
0.34%
(0.19%)
69
Revenue
£1.653B
6.96%
1.00×
Cost of revenue
£1.048B
6.96%
1.00×
Operating expenses
£381.0M
6.94%
1.00×
Cash and investments
18.79%
Spread over hurdle
(4.96%)