Model N Ratios and Metrics

Market cap in millions GBP. Fiscal year is February - January.

Millions GBP. Fiscal year is Feb - Jan.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2021
Period Ending	Aug '25 Aug 6, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021	2020 - 2021
Market Capitalization	51,337	48,203	50,670	40,843	62,965	56,234	Upgrade
Market Cap Growth	-3.55%	-4.87%	24.06%	-35.13%	11.97%	-	Upgrade
Enterprise Value	49,711	46,233	47,367	37,093	59,315	52,919	Upgrade
Last Close Price	151.82	147.30	156.92	126.59	200.11	-	Upgrade
PS Ratio	17.83	16.52	22.96	24.36	69.31	130.28	Upgrade
PB Ratio	28.34	19.93	12.41	9.20	16.74	15.63	Upgrade
P/TBV Ratio	69.74	38.90	16.91	10.96	16.92	15.73	Upgrade
P/FCF Ratio	-	65.59	79.24	96.66	899.43	-	Upgrade
P/OCF Ratio	-	62.43	75.96	92.21	767.01	-	Upgrade
EV/Sales Ratio	17.37	15.85	21.46	22.12	65.29	122.60	Upgrade
EV/FCF Ratio	87.45	62.91	74.07	87.78	847.29	-	Upgrade
Debt / Equity Ratio	1.11	0.89	0.06	0.05	0.04	0.04	Upgrade
Debt / FCF Ratio	3.55	2.94	0.35	0.48	2.20	-	Upgrade
Asset Turnover	0.50	0.42	0.35	0.29	0.19	0.17	Upgrade
Quick Ratio	1.47	1.69	1.76	2.38	3.16	5.34	Upgrade
Current Ratio	1.58	1.78	1.85	2.50	3.29	5.45	Upgrade
Return on Equity (ROE)	-40.14%	-31.45%	-15.72%	-15.17%	-13.62%	-20.24%	Upgrade
Return on Assets (ROA)	-11.56%	-10.41%	-8.53%	-7.28%	-7.11%	-9.80%	Upgrade
Return on Capital (ROIC)	-17.96%	-16.08%	-12.14%	-9.53%	-8.60%	-11.84%	Upgrade
Earnings Yield	-2.04%	-2.15%	-1.30%	-1.58%	-0.80%	-0.70%	Upgrade
FCF Yield	1.11%	1.52%	1.26%	1.03%	0.11%	-0.10%	Upgrade
Buyback Yield / Dilution	-0.64%	-1.44%	-2.91%	-6.15%	-112.04%	-215.77%	Upgrade

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.