1,707
RevenueRp B
5,151
5,356
5,752
6,215
6,455
6,942
7,336
7,827
8,287
8,993
1,837
6.86%
6.57%
67
19.48
Revenue growth%
24.20
22.91
22.06
24.13
26.87
25.99
24.43
26.76
26.08
26.70
13.07
26.08
25.21
10
11.13
Gross margin%
27.38
29.05
26.61
26.44
28.12
26.00
24.33
26.73
28.27
30.91
20.84
26.73
27.06
74
24.00
Operating margin%
9.09
6.42
7.56
9.97
8.67
11.06
10.17
11.64
10.39
8.45
20.79
10.39
9.53
13
19.89
Net margin%
12.70
13.62
11.66
13.29
11.42
12.65
14.00
15.44
15.75
18.67
10.97
15.44
13.46
32
6.051
P/E ratio (avg)x
7.748
7.460
7.293
8.406
8.085
7.761
7.383
6.866
6.604
6.927
13.48
6.927
7.421
93
13.32
EV/EBITx
33.00
35.16
37.67
43.32
46.05
52.34
48.67
52.54
56.19
55.43
13.83
52.54
47.36
32
10.28
FCF yield (avg)%
17.99
19.86
18.51
20.22
20.71
23.11
21.14
19.60
20.79
23.26
6.87
21.14
20.46
94
11.94
FCF margin%
6.74
4.59
5.98
6.61
9.39
12.10
14.02
12.68
14.79
13.92
9.66
13.92
10.75
6
0.440
FCF / Net incomex
1.307
1.199
1.063
1.082
1.104
1.119
0.985
1.057
0.944
0.829
1.053
0.985
1.073
45
23.57
ROIC%
27.58
25.49
24.29
27.04
26.35
27.33
28.53
31.19
28.37
30.01
28.05
28.53
27.46
18
8.28
Return on equity%
11.68
14.45
11.66
12.01
11.00
8.30
10.28
9.51
7.45
7.90
14.28
8.30
10.64
71
14.39
Return on assets%
20.25
22.11
23.14
21.01
18.11
20.65
22.90
21.69
23.09
25.35
24.67
22.90
21.90
74
25.11
EPSRp
11.28
12.44
13.77
12.78
12.39
12.78
14.37
15.85
17.62
18.99
27.19
8.92%
5.14%
—
25.74
EPS growth%
12.69
14.16
13.30
16.13
13.79
10.88
8.84
6.96
9.92
7.00
27.42
8.84
11.79
16
3.70
Bookvalue per shRp
17.80
18.03
19.18
17.20
15.31
16.30
16.99
15.16
15.74
16.01
24.88
0.90%
(2.10%)
—
9.37
FCF per shareRp
12.88
11.59
11.07
10.26
10.39
9.61
8.72
8.39
8.26
8.19
25.05
(4.63%)
(3.90%)
—
10.23
Dividend per shRp
17.29
18.92
20.96
21.94
21.67
21.28
20.34
20.84
21.59
23.44
18.92
1.58%
2.99%
—
27.80
Div yield (avg)%
21.55
21.73
19.31
16.77
16.19
13.45
12.25
14.34
16.21
16.26
29.92
14.34
16.23
41
21.21
Payout ratio%
32.88
35.13
33.40
33.80
33.81
34.40
31.45
30.59
30.32
30.13
15.01
30.59
33.14
19
136.7
Shares (diluted)B
176.3
181.6
202.6
201.2
218.0
214.2
232.6
223.9
251.1
252.7
138.1
3.00%
5.02%
83
14.80
Buyback yield%
9.51
7.73
5.65
7.98
10.04
12.92
12.22
12.16
13.75
12.24
21.46
12.24
11.10
34
0.320
D/E ratiox
1.210
1.387
1.522
1.755
1.866
1.887
2.143
2.209
2.546
2.434
0.746
2.209
1.876
50
8,817
Enterprise valueRp B
5,489
6,330
6,557
7,578
8,676
8,432
8,878
8,278
8,980
8,454
9,448
(0.52%)
5.88%
42
5,817
LT debtRp B
2,561
2,358
2,631
2,695
2,681
2,630
2,713
2,524
2,466
2,545
3,575
(1.04%)
1.34%
93
Cost of revenue
6.47%
0.99×
Operating expenses
6.99%
1.04×
Goodwill & intangibles
21.02%
Cash and investments
16.24%