625.8
RevenueRp B
801.5
823.0
843.3
880.8
921.1
957.0
1,016
1,043
1,115
1,189
676.6
5.24%
4.62%
70
20.97
Revenue growth%
8.46
5.94
6.59
8.76
8.57
9.12
11.32
11.40
12.67
12.38
28.84
11.40
8.94
51
14.77
Gross margin%
11.63
10.73
11.76
12.39
10.47
9.84
7.51
6.61
6.96
8.18
21.50
7.51
10.16
88
4.04
Operating margin%
30.00
32.18
30.19
32.67
30.19
29.17
30.87
30.68
32.21
31.67
13.01
30.87
30.77
46
11.71
Net margin%
7.90
10.71
8.29
8.20
10.45
10.75
10.50
9.97
11.67
9.38
7.34
10.50
10.21
6
14.23
P/E ratio (avg)x
13.76
13.70
13.07
12.19
11.66
12.11
12.97
12.65
12.37
12.05
19.42
12.37
12.51
71
37.29
EV/EBITx
32.25
33.00
33.94
37.90
39.50
43.24
48.35
52.53
63.48
64.14
36.80
52.53
41.37
62
10.10
FCF yield (avg)%
22.11
21.09
19.52
19.65
19.01
21.56
21.90
24.27
23.36
23.96
8.91
23.36
21.73
12
4.49
FCF margin%
5.81
4.16
6.71
5.45
5.32
6.53
7.43
6.93
7.42
5.03
12.94
6.93
6.17
78
1.740
FCF / Net incomex
0.850
0.893
0.875
0.916
0.914
1.001
0.943
1.013
1.089
1.018
0.386
1.013
0.929
11
29.72
ROIC%
11.64
10.89
13.69
15.09
17.94
20.92
21.46
19.40
20.63
23.53
22.46
20.92
18.67
27
21.51
Return on equity%
12.87
12.82
11.32
10.72
13.06
13.69
13.12
12.82
14.23
14.93
19.95
13.69
12.97
40
18.24
Return on assets%
14.91
14.60
15.71
12.85
11.45
11.39
12.79
11.22
9.33
11.38
14.64
11.38
12.12
39
46.28
EPSRp
50.91
53.16
49.65
51.16
49.33
46.16
45.95
51.52
56.25
56.73
50.68
2.83%
1.30%
—
23.25
EPS growth%
13.49
14.49
12.24
13.71
15.30
14.60
13.26
15.94
17.39
16.12
26.48
15.94
14.55
65
23.74
Bookvalue per shRp
27.42
25.86
24.79
27.19
31.86
35.99
36.06
38.75
42.48
41.61
16.76
5.49%
5.59%
—
48.28
FCF per shareRp
55.14
59.11
57.02
65.21
64.48
65.76
71.14
69.31
69.56
68.03
36.74
1.08%
3.60%
—
33.22
Dividend per shRp
10.02
10.95
11.44
11.13
11.58
12.60
12.36
13.31
14.08
12.13
28.00
0.94%
2.31%
—
16.29
Div yield (avg)%
12.82
15.15
12.83
10.35
7.52
10.46
10.01
10.68
11.53
12.62
17.22
10.68
11.11
25
28.96
Payout ratio%
4.06
6.22
3.75
6.67
9.44
12.08
13.04
12.33
12.92
14.07
18.83
12.92
10.76
73
24.04
Shares (diluted)B
25.89
25.41
26.66
27.82
31.52
31.90
31.41
35.02
32.07
32.84
24.94
0.82%
1.40%
89
6.87
Buyback yield%
9.00
6.65
6.30
7.15
5.00
6.47
7.42
9.94
7.89
8.72
2.13
7.89
7.29
52
1.632
D/E ratiox
1.548
1.868
2.205
2.627
3.106
3.151
3.246
3.881
3.920
4.138
1.394
3.881
3.129
13
425.9
Enterprise valueRp B
349.6
347.1
315.1
303.3
285.3
255.5
223.5
245.0
237.3
221.3
1,102
(4.95%)
(3.90%)
35
1,032
LT debtRp B
645.8
612.0
700.6
722.4
673.8
618.6
639.0
660.9
664.8
716.0
969.6
1.22%
2.24%
87
Cost of revenue
4.62%
1.00×
Operating expenses
4.66%
1.00×
Cash and investments
19.03%
Property and equipment
15.35%
Spread over hurdle
(4.33%)