2.563
Revenue£M
2.034
2.149
2.213
2.294
2.326
2.392
2.503
2.594
2.683
2.749
2.626
3.40%
3.48%
91
5.38
Revenue growth%
8.29
8.46
6.75
7.83
5.26
7.59
6.72
4.29
3.45
0.73
16.46
4.29
6.73
94
7.41
Gross margin%
18.50
18.62
20.55
22.87
22.82
21.64
23.31
21.84
23.47
21.02
17.75
21.84
21.74
45
5.01
Operating margin%
15.83
13.54
10.70
9.84
8.77
5.95
7.43
4.65
5.59
4.13
23.15
5.59
8.10
41
14.00
Net margin%
0.40
0.40
2.54
1.54
3.92
4.69
2.55
3.30
2.96
2.92
28.66
2.96
2.73
57
14.84
P/E ratio (avg)x
30.76
33.05
29.78
31.53
31.36
30.79
31.15
28.29
28.93
31.32
11.93
30.79
30.97
64
36.98
EV/EBITx
21.53
21.15
19.18
17.53
15.53
13.69
12.76
13.20
13.10
11.65
18.52
13.10
14.61
32
12.50
FCF yield (avg)%
1.39
2.39
3.01
5.42
5.20
5.32
2.56
5.37
3.80
6.33
12.55
5.32
4.50
67
18.49
FCF margin%
19.89
18.77
17.87
20.61
19.14
21.16
23.04
24.43
22.40
25.27
24.23
23.04
20.88
27
0.991
FCF / Net incomex
0.453
0.457
0.540
0.543
0.536
0.615
0.637
0.724
0.728
0.738
1.303
0.724
0.579
94
24.20
ROIC%
22.93
25.68
26.89
27.91
27.10
24.85
23.04
23.35
21.95
20.17
7.68
23.04
24.10
81
20.81
Return on equity%
12.30
11.58
8.81
7.45
6.09
3.62
1.70
4.65
3.95
1.80
13.85
3.62
5.37
51
28.16
Return on assets%
15.16
17.28
19.28
19.01
16.73
17.65
19.41
16.67
16.33
14.91
6.25
16.67
17.00
39
—
EPS£
—
—
—
—
—
—
—
—
—
—
—
11.04%
10.10%
—
7.56
EPS growth%
33.04
35.22
33.60
31.27
31.25
29.76
31.25
29.21
30.87
28.89
4.90
29.76
31.25
45
—
Bookvalue per sh£
—
—
—
—
—
—
—
—
—
—
—
(4.81%)
(1.91%)
—
—
FCF per share£
—
—
—
—
—
—
—
—
—
—
—
9.07%
6.28%
—
—
Dividend per sh£
—
—
—
—
—
—
—
—
—
—
—
(3.84%)
(4.01%)
—
18.51
Div yield (avg)%
20.68
21.75
19.49
17.56
16.26
19.13
16.50
15.25
15.56
17.65
12.63
16.50
17.60
93
12.18
Payout ratio%
9.80
9.34
11.05
11.83
10.22
12.08
9.31
7.45
9.65
7.43
6.48
9.31
9.72
58
436.7
Shares (diluted)M
445.3
429.1
380.6
363.6
395.0
381.5
380.0
347.4
364.5
327.1
442.4
(3.70%)
(3.51%)
74
25.17
Buyback yield%
8.85
7.17
10.03
12.48
12.10
10.90
9.35
9.61
11.10
12.94
17.54
10.90
10.47
43
0.625
D/E ratiox
1.049
1.034
1.084
1.043
1.016
1.025
1.056
0.927
0.989
1.004
0.388
1.004
1.030
49
1.386
Enterprise value£M
3.235
3.383
3.578
3.958
3.946
4.144
4.620
4.802
4.611
4.561
1.988
2.94%
4.36%
76
0.804
LT debt£M
1.231
1.243
1.173
1.315
1.388
1.507
1.621
1.853
1.936
2.079
1.135
8.41%
5.93%
76
Revenue
£2.749M
3.48%
1.00×
Cost of revenue
£1.255M
3.38%
0.99×
Operating expenses
£0.625M
2.79%
0.94×
Cash and investments
15.38%
Spread over hurdle
24.22%