110.8
RevenueRp B
174.5
184.6
194.1
203.6
215.3
229.8
242.5
259.4
266.5
279.0
118.1
5.32%
5.49%
63
16.14
Revenue growth%
23.79
25.89
25.68
22.97
25.29
23.64
22.21
24.57
27.56
26.42
28.56
24.57
24.93
17
3.92
Gross margin%
13.18
13.61
15.06
12.81
12.60
11.18
8.20
6.45
7.86
8.49
22.04
8.20
11.89
29
20.01
Operating margin%
14.15
13.53
13.45
15.53
13.95
15.25
14.83
12.51
14.89
17.34
17.14
14.89
14.49
45
17.97
Net margin%
14.18
16.04
14.37
11.56
12.43
10.71
7.73
9.46
9.00
11.56
17.17
9.46
11.56
44
25.45
P/E ratio (avg)x
34.47
36.75
36.30
36.20
41.29
45.31
44.78
44.43
47.39
52.63
37.31
45.31
42.86
30
18.67
EV/EBITx
18.10
19.29
17.47
17.15
17.25
16.18
14.59
13.07
12.52
13.45
18.73
13.45
16.66
64
19.15
FCF yield (avg)%
9.51
12.11
12.66
9.66
11.15
10.94
9.24
11.89
10.46
9.00
10.03
10.46
10.70
74
17.72
FCF margin%
10.93
13.45
14.99
16.22
15.68
16.89
14.04
11.58
10.34
10.67
28.68
11.58
13.75
86
0.668
FCF / Net incomex
1.691
1.589
1.815
1.929
1.897
1.775
1.911
1.864
1.872
2.047
1.172
1.872
1.868
89
20.91
ROIC%
17.50
17.94
18.18
20.73
18.79
17.48
19.77
16.83
17.61
16.31
27.72
17.48
17.78
68
29.86
Return on equity%
13.12
10.38
13.29
11.63
11.65
9.34
10.86
12.07
11.77
12.24
24.62
11.77
11.71
85
12.38
Return on assets%
21.94
22.46
22.31
24.93
23.99
26.30
25.51
24.05
22.19
24.21
25.46
24.21
24.02
67
30.02
EPSRp
46.76
42.79
39.08
42.40
43.12
46.04
46.21
50.45
45.60
48.86
31.62
2.53%
0.65%
—
6.03
EPS growth%
22.70
24.00
21.34
19.70
19.40
21.56
19.58
21.52
21.76
20.34
24.46
21.52
21.43
50
68.02
Bookvalue per shRp
28.68
24.80
23.65
25.63
23.75
23.93
21.24
19.03
20.13
18.80
18.96
(4.57%)
(5.44%)
—
24.17
FCF per shareRp
26.18
28.50
28.87
28.05
26.65
29.63
33.94
34.40
33.84
33.14
23.13
4.46%
3.00%
—
17.46
Dividend per shRp
39.63
39.83
35.81
34.93
31.16
27.44
26.76
27.03
25.66
23.45
67.63
(5.52%)
(6.28%)
—
15.61
Div yield (avg)%
25.58
23.20
25.42
24.60
23.00
20.86
19.43
17.02
14.18
13.37
16.19
17.02
21.93
40
22.59
Payout ratio%
28.53
29.57
30.47
27.87
27.37
24.88
27.88
26.87
27.22
29.31
21.79
27.22
27.87
48
2.911
Shares (diluted)B
3.817
4.143
4.268
4.509
5.226
4.977
4.736
5.433
5.993
6.892
2.884
5.69%
7.68%
86
12.58
Buyback yield%
4.22
4.79
3.28
1.32
0.82
1.29
3.45
1.94
3.89
5.35
3.70
3.45
3.36
43
0.506
D/E ratiox
2.339
2.766
2.716
2.710
2.965
2.910
3.099
3.448
3.852
4.389
0.119
3.448
2.937
39
191.7
Enterprise valueRp B
65.50
74.91
81.37
85.16
91.47
91.98
105.5
114.4
116.9
119.3
218.2
5.46%
7.21%
94
233.3
LT debtRp B
92.59
98.59
84.51
76.30
71.18
69.43
59.23
57.89
55.43
50.13
48.33
(6.77%)
(5.32%)
73
Cost of revenue
5.32%
0.98×
Operating expenses
5.86%
1.04×
Cash and investments
15.79%
Spread over hurdle
18.75%