Cohort Ratios and Metrics

Market cap in millions GBP. Fiscal year is May - April.

Millions GBP. Fiscal year is May - Apr.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 14, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Market Capitalization	596	620	302	177	221	262
Market Cap Growth	10.29%	105.11%	70.41%	-19.54%	-15.93%	11.84%
Enterprise Value	640	591	299	192	228	281
Last Close Price	13.02	13.50	7.25	4.11	5.02	5.80
PE Ratio	33.00	32.23	19.75	15.63	23.97	48.03
Forward PE	20.75	25.30	18.83	12.29	16.41	17.45
PS Ratio	2.12	2.30	1.49	0.97	1.60	1.83
PB Ratio	3.57	3.88	2.75	1.78	2.47	3.09
P/TBV Ratio	15.69	18.84	5.43	4.34	9.12	12.76
P/FCF Ratio	-	16.32	18.49	16.05	12.59	17.53
P/OCF Ratio	-	12.12	13.14	10.90	11.30	16.18
EV/Sales Ratio	2.28	2.19	1.48	1.05	1.65	1.96
EV/EBITDA Ratio	17.91	18.38	11.16	9.10	11.74	13.30
EV/EBIT Ratio	26.26	22.80	14.22	12.74	22.08	30.94
EV/FCF Ratio	-22.30	15.56	18.27	17.41	12.99	18.80
Debt / Equity Ratio	0.57	0.49	0.37	0.45	0.44	0.44
Debt / EBITDA Ratio	2.66	2.29	1.41	1.94	1.88	1.65
Debt / FCF Ratio	-	2.08	2.48	4.02	2.26	2.50
Net Debt / Equity Ratio	0.25	0.03	-0.13	-0.06	-0.01	0.06
Net Debt / EBITDA Ratio	1.26	0.13	-0.55	-0.31	-0.04	0.24
Net Debt / FCF Ratio	-1.46	0.11	-0.89	-0.59	-0.05	0.34
Asset Turnover	0.81	0.83	0.85	0.86	0.70	0.83
Inventory Turnover	3.89	4.21	3.86	4.30	4.55	7.38
Quick Ratio	1.02	0.91	1.16	1.26	0.93	1.54
Current Ratio	1.36	1.26	1.55	1.74	1.25	1.92
Return on Equity (ROE)	13.54%	14.54%	14.59%	11.91%	9.97%	6.60%
Return on Assets (ROA)	4.40%	5.00%	5.54%	4.44%	3.27%	3.29%
Return on Invested Capital (ROIC)	9.07%	15.30%	17.21%	13.44%	9.81%	7.70%
Return on Capital Employed (ROCE)	9.80%	11.80%	14.70%	10.70%	9.60%	6.90%
Earnings Yield	3.06%	3.10%	5.06%	6.40%	4.17%	2.08%
FCF Yield	-4.81%	6.13%	5.41%	6.23%	7.94%	5.71%
Dividend Yield	1.29%	1.21%	2.04%	3.26%	2.43%	1.92%
Payout Ratio	40.64%	33.64%	36.55%	45.12%	50.90%	77.74%
Buyback Yield / Dilution	-13.40%	-7.13%	0.39%	0.69%	0.51%	-0.29%
Total Shareholder Return	-12.07%	-5.92%	2.43%	3.95%	2.94%	1.63%

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.