7,361
RevenueRp B
11,931
12,603
13,419
13,967
14,541
15,527
16,616
17,532
18,439
19,449
7,817
5.99%
5.75%
87
2.25
Revenue growth%
9.91
10.95
8.76
8.74
8.19
5.77
5.34
4.95
4.88
6.36
24.96
5.34
7.28
19
18.72
Gross margin%
6.53
6.41
6.78
6.24
7.62
6.31
8.28
8.95
9.36
10.48
7.27
8.95
7.20
15
18.17
Operating margin%
26.50
27.36
28.87
30.17
27.29
26.56
27.20
30.00
27.02
27.36
24.62
27.20
27.32
8
9.87
Net margin%
2.47
3.86
2.91
1.58
0.40
3.09
5.12
5.48
6.98
4.17
19.31
5.12
3.48
14
15.56
P/E ratio (avg)x
32.01
28.92
27.71
27.74
28.98
30.59
34.29
35.02
32.77
35.30
16.91
34.29
31.30
41
13.00
EV/EBITx
30.97
30.21
33.44
39.81
41.99
49.04
47.89
55.72
60.93
69.92
19.11
55.72
44.94
93
19.33
FCF yield (avg)%
0.40
0.67
3.06
2.12
3.52
2.15
0.40
0.40
0.40
0.40
4.21
0.40
0.54
92
17.31
FCF margin%
6.33
8.39
10.06
12.89
11.13
9.75
9.07
7.73
6.53
3.67
5.76
7.73
8.73
40
1.691
FCF / Net incomex
1.089
1.180
1.326
1.256
1.241
1.292
1.346
1.465
1.570
1.529
1.348
1.465
1.309
24
3.75
ROIC%
31.80
33.58
36.58
35.06
36.24
36.93
36.88
39.38
40.90
42.91
7.95
39.38
36.73
58
20.47
Return on equity%
21.00
18.12
15.48
17.60
15.22
13.57
13.04
12.48
9.57
11.00
6.62
12.48
14.40
32
4.11
Return on assets%
1.79
4.67
4.83
7.43
4.44
6.42
5.06
2.33
0.54
0.40
3.00
2.33
4.55
56
110.68
EPSRp
65.49
72.60
71.71
65.38
65.12
62.32
64.13
58.59
59.20
59.14
115.94
(1.91%)
(2.00%)
—
9.33
EPS growth%
12.12
12.30
15.08
13.90
10.99
9.34
11.84
13.32
12.15
13.35
19.59
12.15
12.23
70
22.92
Bookvalue per shRp
88.57
96.69
91.27
91.18
91.52
90.20
89.11
89.63
91.17
85.08
44.45
(1.45%)
(0.49%)
—
70.79
FCF per shareRp
117.45
122.50
117.28
133.55
128.34
150.99
145.20
164.22
156.89
156.81
24.52
4.09%
3.56%
—
92.05
Dividend per shRp
120.75
126.69
134.29
117.92
123.95
125.41
132.85
129.89
138.33
145.79
29.64
3.30%
0.75%
—
6.33
Div yield (avg)%
16.64
14.55
15.50
13.90
16.49
16.66
16.65
14.11
11.24
14.05
7.03
14.11
15.02
71
5.19
Payout ratio%
32.46
32.77
30.08
29.00
31.61
30.90
28.87
27.95
26.50
25.72
11.59
27.95
29.54
52
40.04
Shares (diluted)B
51.37
47.87
49.37
55.23
58.36
59.15
54.46
54.12
56.51
53.60
40.92
(1.69%)
1.40%
40
3.65
Buyback yield%
22.63
21.82
20.05
22.73
23.25
22.07
23.06
22.27
23.17
20.64
7.78
22.27
22.45
71
1.775
D/E ratiox
1.623
1.714
1.899
1.932
2.168
2.075
1.932
2.176
2.165
2.257
1.565
2.165
2.003
71
12,132
Enterprise valueRp B
8,170
7,860
7,939
7,914
8,034
7,710
8,388
8,570
8,565
7,635
5,920
(1.01%)
(0.87%)
36
11,162
LT debtRp B
8,643
8,187
8,447
9,549
9,972
11,415
13,350
14,524
15,776
16,564
11,950
10.68%
8.28%
64
Cost of revenue
5.78%
1.00×
Operating expenses
6.10%
1.03×
Goodwill & intangibles
15.36%
Spread over hurdle
51.51%