BS – Balance Sheet
DY – Dividend Yield
EBITDA – Earnings before interest, tax, depreciation and amortization
EV – Enterprise Value
FCF – Free Cash Flow (see post of 5th June 2019 for Chelverton’s exact definition)
Market – Factset Europe Ex UK universe
ND – Net Debt
PE – Price to Earnings Ratio
SOTP – Sum of the parts
TR – Total Return