What the company actually pays, and whether its own cash supports it.
Dividends view
Yield
7.54%Above 5Y avg (6.70%)
Annual Rate
GBP 0.15Paid semi-annual
Payout Ratio
74.9%Moderate
Payback Period
14.9 yr
Last Ex-Dividend
Jul 16, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
1.87BGBP
2.51B · vs all stocks (USD)
Updated Oct 25, 2026
Trailing P/E
11.54x
vs Asset Management peers
Updated Oct 25, 2026
Revenue (TTM)
650.20MGBP
869.71M · vs all stocks (USD)
Updated Oct 25, 2026
Profit Margin
23.61%
vs Asset Management peers
Updated Oct 25, 2026
Beta
0.7600x
vs all stocks
Updated Oct 25, 2026
52-Week Change
-16.34%
vs all stocks
Updated Oct 25, 2026
Forward Annual Dividend Yield
7.54%
vs all stocks
Updated Oct 25, 2026
Market Capitalization
1.87BGBP
2.51B · vs all stocks (USD)
Updated Oct 25, 2026
Enterprise Value
1.57BGBP
2.10B · vs all stocks (USD)
Updated Oct 25, 2026
Trailing P/E
11.54x
vs Asset Management peers
Updated Oct 25, 2026
Forward P/E
10.24x
vs Asset Management peers
Updated Oct 25, 2026
Price to Sales (TTM)
2.88x
vs Asset Management peers
Updated Oct 25, 2026
Price to Book (MRQ)
2.70x
vs Asset Management peers
Updated Oct 25, 2026
Enterprise to Revenue
2.41x
vs Asset Management peers
Updated Oct 25, 2026
Enterprise to EBITDA
7.60x
vs Asset Management peers
Provider-reported. Enterprise Value ÷ EBITDA (TTM) on this page gives 7.09×.Updated Oct 25, 2026
Profit Margin
23.61%
vs Asset Management peers
Updated Oct 25, 2026
Operating Margin
29.52%
vs Asset Management peers
Updated Oct 25, 2026
Return on Assets (TTM)
0.91%
vs Asset Management peers
Updated Oct 25, 2026
Return on Equity (TTM)
28.53%
vs Asset Management peers
Updated Oct 25, 2026
Revenue (TTM)
650.20MGBP
869.71M · vs all stocks (USD)
Updated Oct 25, 2026
Revenue per Share (TTM)
0.7400GBPUpdated Oct 25, 2026
Quarterly Revenue Growth
13.50%
vs Asset Management peers
Updated Oct 25, 2026
Gross Profit (TTM)
347.30MGBP
464.55M · vs all stocks (USD)
Updated Oct 25, 2026
EBITDA (TTM)
221.40MGBP
296.15M · vs all stocks (USD)
Updated Oct 25, 2026
Net Income (TTM)
153.50MGBP
205.32M · vs all stocks (USD)
Updated Oct 25, 2026
Quarterly Earnings Growth (YoY)
-5.50%
vs Asset Management peers
Updated Oct 25, 2026
Operating Cash Flow (TTM)
172.40MGBP
230.60M · vs all stocks (USD)
Updated Oct 25, 2026
Levered Free Cash Flow (TTM)
157.32MGBP
210.44M · vs all stocks (USD)
Updated Oct 25, 2026
Forward Annual Dividend Rate
0.1480GBPUpdated Oct 25, 2026
Forward Annual Dividend Yield
7.54%
vs all stocks
Updated Oct 25, 2026
Trailing Annual Dividend Rate
0.1340GBPUpdated Oct 25, 2026
Trailing Annual Dividend Yield
6.83%
vs all stocks
Updated Oct 25, 2026
5-Year Average Dividend Yield
6.70%
vs all stocks
Updated Oct 25, 2026
Payout Ratio
74.85%
vs Asset Management peers
Provider-reported. Trailing Annual Dividend Rate ÷ Diluted EPS (TTM) on this page gives 78.82%.Updated Oct 25, 2026
Minority Interest (Equity)
200.00KGBPFY2026 · Mar 31, 2026
Revenue
763.30MGBPFY2026 · Mar 31, 2026
Cost of Goods Sold
113.10MGBPFY2026 · Mar 31, 2026
Gross Profit
650.20MGBPFY2026 · Mar 31, 2026
Operating Income
181.70MGBP
243.04M · vs all stocks (USD)
FY2026 · Mar 31, 2026
Pre-tax Income
207.50MGBPFY2026 · Mar 31, 2026
Income Tax Expense
54.00MGBPFY2026 · Mar 31, 2026
Net Income
153.50MGBPFY2026 · Mar 31, 2026
EBIT
211.00MGBPFY2026 · Mar 31, 2026
EBITDA (Income Statement)
221.40MGBPFY2026 · Mar 31, 2026
Selling, General & Administrative
146.80MGBPFY2026 · Mar 31, 2026
Non-operating Interest Income
15.50MGBPFY2026 · Mar 31, 2026
Non-operating Interest Expense
3.50MGBPFY2026 · Mar 31, 2026
EPS (Basic)
0.1750GBPFY2026 · Mar 31, 2026
EPS (Diluted)
0.1710GBPFY2026 · Mar 31, 2026
Basic Shares Outstanding
878.20MSharesFY2026 · Mar 31, 2026
Diluted Shares Outstanding
878.20MSharesFY2026 · Mar 31, 2026
Preferred Stock Dividends
0.00GBPFY2026 · Mar 31, 2026
Operating Cash Flow
203.70MGBPFY2026 · Mar 31, 2026
Free Cash Flow
196.60MGBPFY2026 · Mar 31, 2026
Cash & Cash Equivalents (End of Period)
634.00MGBPFY2026 · Mar 31, 2026
Starting Profit (CF Statement)
207.50MGBPFY2026 · Mar 31, 2026
Stock-based Compensation
21.70MGBPFY2026 · Mar 31, 2026
Other Non-cash Items
-12.00MGBPFY2026 · Mar 31, 2026
Change in Accounts Receivable (CF)
-33.10MGBPFY2026 · Mar 31, 2026
Change in Other Assets/Liabilities
19.60MGBPFY2026 · Mar 31, 2026
Capital Expenditures
-7.10MGBPFY2026 · Mar 31, 2026
Net Acquisitions
11.20MGBPFY2026 · Mar 31, 2026
Purchase of Investments
-30.90MGBPFY2026 · Mar 31, 2026
Sale of Investments
30.80MGBPFY2026 · Mar 31, 2026
Net Investing Cash Flow
4.00MGBPFY2026 · Mar 31, 2026
Common Stock Repurchase
-40.10MGBPFY2026 · Mar 31, 2026
Common Dividends Paid
-114.80MGBPFY2026 · Mar 31, 2026
Net Financing Cash Flow
-154.90MGBPFY2026 · Mar 31, 2026
Shares Outstanding
969.03MSharesUpdated Oct 25, 2026
Float Shares
607.51MSharesUpdated Oct 25, 2026
% Held by Insiders
56.65%
vs all stocks
Updated Oct 25, 2026
% Held by Institutions
33.41%
vs all stocks
Updated Oct 25, 2026
Total Cash (MRQ)
436.00MGBP
583.20M · vs all stocks (USD)
Updated Oct 25, 2026
Total Cash per Share (MRQ)
0.4500GBPUpdated Oct 25, 2026
Total Debt (MRQ)
104.30MGBP
139.51M · vs all stocks (USD)
Updated Oct 25, 2026
Total Debt to Equity (MRQ)
0.1484x
vs Asset Management peers
Updated Oct 25, 2026
Current Ratio (MRQ)
1.03x
vs Asset Management peers
Updated Oct 25, 2026
Book Value per Share (MRQ)
0.7250GBPUpdated Oct 25, 2026
Total Assets
14.88BGBP
19.90B · vs all stocks (USD)
FY2026 · Mar 31, 2026
Total Current Assets
14.37BGBPFY2026 · Mar 31, 2026
Total Liabilities
14.17BGBPFY2026 · Mar 31, 2026
Total Non-current Assets
503.30MGBPFY2026 · Mar 31, 2026
Total Non-current Liabilities
200.50MGBPFY2026 · Mar 31, 2026
Total Current Liabilities
13.97BGBPFY2026 · Mar 31, 2026
Cash
121.50MGBPFY2026 · Mar 31, 2026
Cash Equivalents
312.90MGBPFY2026 · Mar 31, 2026
Cash & Cash Equivalents
434.40MGBPFY2026 · Mar 31, 2026
Other Short-term Investments
13.66BGBPFY2026 · Mar 31, 2026
Accounts Receivable
178.60MGBPFY2026 · Mar 31, 2026
Accounts Payable
128.90MGBPFY2026 · Mar 31, 2026
Short-term Debt
9.80MGBPFY2026 · Mar 31, 2026
Other Current Liabilities
28.60MGBPFY2026 · Mar 31, 2026
Long-term Debt
94.50MGBPFY2026 · Mar 31, 2026
Other Non-current Liabilities
42.10MGBPFY2026 · Mar 31, 2026
Common Stock (Book)
558.40MGBPFY2026 · Mar 31, 2026
Retained Earnings
391.30MGBPFY2026 · Mar 31, 2026
Total Shareholders' Equity
702.60MGBP
939.80M · vs all stocks (USD)
FY2026 · Mar 31, 2026
Treasury Stock
66.10MGBPFY2026 · Mar 31, 2026
52-Week Low
191.40GBXUpdated Oct 25, 2026
52-Week High
262.20GBXUpdated Oct 25, 2026
52-Week Change
-16.34%
vs all stocks
Updated Oct 25, 2026
Beta
0.7600x
vs all stocks
Updated Oct 25, 2026
50-Day MA
209.19GBXUpdated Oct 25, 2026
200-Day MA
221.48GBXUpdated Oct 25, 2026
Avg 10-Day Volume
664.86KSharesUpdated Oct 25, 2026
Avg 30-Day Volume
809.66KSharesUpdated Oct 25, 2026
Diluted EPS (TTM)
0.1700GBPUpdated Oct 25, 2026
1 interpretation currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Price Below Mean With Profitability And Book Value
Price sits well below its yearly mean, on three profitable years and rising book value.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.