4,533
RevenueRp B
5,188
5,323
5,685
5,915
6,146
6,410
6,530
6,834
6,998
7,136
4,838
3.03%
3.52%
41
9.28
Revenue growth%
8.14
5.78
8.04
6.27
7.83
10.71
10.34
10.84
8.25
8.12
4.92
10.34
8.13
71
6.46
Gross margin%
15.81
17.76
16.87
19.72
17.47
15.74
14.06
14.80
17.66
16.34
16.43
15.74
16.60
31
12.12
Operating margin%
2.35
0.40
1.00
0.40
0.40
2.03
1.62
0.50
0.40
0.40
9.83
0.50
0.45
39
15.58
Net margin%
17.27
18.53
19.16
18.23
19.27
19.85
22.75
25.67
23.12
22.17
13.64
22.75
19.56
16
18.97
P/E ratio (avg)x
17.87
17.20
16.99
17.93
16.86
17.24
17.06
16.18
17.53
19.00
33.91
17.24
17.22
87
26.62
EV/EBITx
13.70
12.40
12.83
11.14
11.89
13.05
12.86
12.49
13.24
11.63
28.92
12.86
12.66
42
6.58
FCF yield (avg)%
14.79
16.45
13.92
15.97
13.48
12.34
10.87
11.98
9.89
6.93
23.84
10.87
12.91
31
11.03
FCF margin%
25.65
26.15
28.85
30.25
32.23
30.94
28.76
30.07
28.88
30.14
5.94
30.07
29.48
22
1.156
FCF / Net incomex
1.356
1.169
1.049
0.978
0.955
0.840
0.885
0.907
0.843
0.858
1.104
0.858
0.931
33
6.58
ROIC%
27.25
30.11
27.96
26.25
23.78
21.38
23.48
23.97
25.00
23.26
27.79
23.48
24.49
86
20.59
Return on equity%
4.53
2.48
0.78
3.33
4.20
6.39
9.11
9.61
8.59
7.04
10.01
8.59
5.46
36
12.66
Return on assets%
9.02
6.76
3.83
5.21
6.23
7.05
10.02
11.22
10.93
11.23
17.71
10.93
8.03
37
1,429
EPSRp
5,612
5,541
5,402
5,561
6,557
7,255
7,142
7,519
8,158
9,086
1,561
6.74%
6.23%
—
8.06
EPS growth%
25.20
23.87
23.85
24.40
23.05
22.96
23.56
24.87
27.32
27.01
24.17
24.87
24.13
94
1,698
Bookvalue per shRp
3,328
3,710
3,683
4,206
4,936
5,553
6,377
6,439
6,464
6,609
2,413
6.01%
7.88%
—
4,334
FCF per shareRp
1,014
967.39
1,013
1,048
1,162
1,290
1,419
1,287
1,316
1,399
3,213
3.79%
3.30%
—
1,111
Dividend per shRp
1,274
1,239
1,323
1,564
1,774
1,723
1,815
2,048
2,139
2,110
4,339
3.53%
6.71%
—
18.90
Div yield (avg)%
26.75
24.10
22.38
21.86
22.12
21.83
22.92
21.62
21.21
22.64
22.57
21.83
22.25
28
14.01
Payout ratio%
17.84
19.64
21.16
20.32
21.19
21.31
22.96
23.22
24.26
23.96
26.82
23.22
21.25
91
602.0
Shares (diluted)M
515.4
548.6
532.0
500.1
489.3
517.0
484.5
491.2
507.0
444.4
577.2
(1.91%)
(1.64%)
22
6.44
Buyback yield%
13.37
12.25
13.44
10.96
10.99
9.33
6.98
7.74
10.39
10.44
27.30
9.33
10.70
24
1.510
D/E ratiox
1.273
1.166
1.012
0.917
0.817
0.840
0.743
0.784
0.814
0.752
1.616
0.784
0.828
38
7,432
Enterprise valueRp B
7,605
6,643
6,917
7,071
7,212
7,104
7,401
7,828
7,152
6,256
1,778
(2.80%)
(2.80%)
37
5,014
LT debtRp B
1,504
1,409
1,641
1,805
1,772
1,868
2,170
2,450
2,826
3,246
2,139
12.87%
7.69%
58
Cost of revenue
3.49%
1.00×
Operating expenses
3.41%
0.99×
Spread over hurdle
59.76%