11,211
RevenueRp B
27,797
29,287
29,914
31,233
32,358
33,231
33,881
34,054
34,621
36,327
11,497
2.34%
3.10%
41
3.18
Revenue growth%
13.03
11.09
12.17
10.92
11.16
10.45
10.60
12.61
11.52
12.00
3.78
11.52
11.34
59
28.54
Gross margin%
34.26
35.07
33.26
32.67
34.59
37.29
40.05
39.99
39.56
38.42
28.61
39.56
36.18
76
5.35
Operating margin%
5.00
6.60
9.14
8.93
6.52
9.10
7.10
8.52
8.53
7.82
22.02
8.52
8.17
8
25.49
Net margin%
13.43
11.72
13.89
15.21
13.23
14.80
14.52
15.17
17.27
15.11
19.37
15.11
14.66
28
37.89
P/E ratio (avg)x
22.94
26.31
24.68
23.11
23.64
22.66
24.80
27.81
26.33
24.42
16.34
24.80
24.55
44
26.33
EV/EBITx
16.16
15.96
13.61
13.89
13.13
11.91
11.29
11.43
11.45
12.03
36.23
11.45
12.58
51
17.50
FCF yield (avg)%
18.34
20.61
18.25
20.92
22.65
24.63
26.07
23.41
20.73
23.41
4.06
23.41
21.79
84
10.99
FCF margin%
23.92
24.02
26.38
25.57
27.17
27.84
29.22
29.77
31.58
31.94
29.41
29.77
27.51
48
1.007
FCF / Net incomex
2.500
2.409
2.621
3.006
3.050
3.514
3.879
3.785
4.124
3.864
0.528
3.864
3.282
75
9.68
ROIC%
17.24
15.45
17.60
15.83
16.30
15.88
16.89
15.46
18.00
16.94
21.92
16.89
16.59
69
9.05
Return on equity%
9.90
7.18
9.51
6.91
8.35
9.86
11.29
9.10
11.14
10.83
16.07
10.83
9.69
74
13.31
Return on assets%
25.28
27.87
28.80
27.69
30.07
27.43
27.92
27.80
27.96
28.84
5.15
27.92
27.89
32
263.90
EPSRp
394.86
402.83
462.82
478.36
533.32
593.13
677.41
811.32
854.61
923.91
290.02
11.62%
10.56%
—
5.41
EPS growth%
24.47
23.15
25.10
25.11
27.59
29.22
30.21
27.27
30.17
29.09
5.24
29.22
27.43
9
251.93
Bookvalue per shRp
170.53
197.26
207.87
234.21
241.79
234.98
280.75
305.22
353.44
414.08
283.86
11.36%
10.84%
—
209.51
FCF per shareRp
52.30
60.00
62.44
74.75
81.55
95.71
112.17
133.07
137.12
146.47
109.12
12.43%
12.84%
—
161.41
Dividend per shRp
318.43
371.05
400.17
422.92
435.78
428.52
420.21
451.89
521.97
565.98
191.09
5.37%
6.36%
—
21.32
Div yield (avg)%
15.05
14.06
11.29
11.27
12.19
10.68
8.70
11.25
11.03
11.89
2.02
11.03
11.28
14
13.49
Payout ratio%
28.64
25.94
27.77
30.28
32.97
33.12
31.92
34.67
34.11
35.26
25.09
34.11
32.45
47
23.41
Shares (diluted)B
27.12
26.94
27.42
28.63
31.76
32.17
32.22
32.83
30.60
32.61
23.68
0.53%
1.15%
42
29.79
Buyback yield%
9.64
9.69
9.07
6.28
5.29
5.78
8.36
5.83
8.79
6.89
8.31
6.89
7.62
74
1.172
D/E ratiox
0.685
0.792
0.767
0.904
0.989
1.115
1.171
1.340
1.349
1.450
0.945
1.340
1.052
91
1,489
Enterprise valueRp B
47,193
45,911
52,448
61,784
72,948
80,939
95,523
98,640
116,265
129,830
10,391
12.22%
12.20%
60
1,369
LT debtRp B
14,569
14,435
16,428
16,984
20,063
20,277
24,536
28,592
31,806
36,585
20,722
12.77%
11.33%
83
Cost of revenue
3.10%
1.00×
Operating expenses
3.01%
0.99×
Property and equipment
17.90%
Spread over hurdle
14.55%