3,523
RevenueRp B
4,427
4,506
4,609
4,666
4,778
4,975
5,064
5,227
5,366
5,580
3,920
3.15%
2.63%
16
8.92
Revenue growth%
4.05
4.64
3.15
2.72
5.36
2.66
0.40
0.57
0.40
2.47
5.99
0.57
2.69
10
3.01
Gross margin%
22.79
24.96
23.75
24.78
22.29
24.25
23.88
25.90
26.27
24.60
22.02
24.60
24.42
40
6.81
Operating margin%
22.25
24.26
23.85
23.03
22.01
24.51
24.77
25.04
25.23
24.11
11.13
24.77
24.18
94
19.17
Net margin%
10.12
7.43
4.85
3.92
6.48
7.44
6.36
5.84
5.52
6.33
17.57
6.33
6.35
29
36.10
P/E ratio (avg)x
20.03
23.54
23.05
23.42
22.48
21.62
23.85
25.85
24.87
25.32
28.67
24.87
23.48
7
17.74
EV/EBITx
18.39
20.34
21.90
22.39
21.67
22.51
26.18
24.68
23.87
25.79
26.33
24.68
22.45
5
25.49
FCF yield (avg)%
8.11
7.45
7.59
6.02
8.09
5.85
8.02
5.37
2.58
0.40
29.04
5.37
6.74
73
29.53
FCF margin%
0.40
0.40
0.70
0.40
0.40
3.14
3.71
2.96
4.67
5.31
2.46
3.71
1.83
22
0.835
FCF / Net incomex
1.671
1.819
1.968
1.927
2.022
2.218
2.217
2.343
2.652
3.031
1.470
2.343
2.119
14
24.11
ROIC%
18.25
20.95
23.89
22.48
24.44
25.47
24.66
22.03
20.13
23.05
20.01
23.05
22.77
59
25.91
Return on equity%
7.24
8.96
6.52
5.49
8.11
8.74
9.09
10.46
9.95
10.42
15.02
9.95
8.85
60
6.88
Return on assets%
22.49
20.95
20.54
23.38
26.18
27.16
24.35
22.49
21.65
18.86
24.29
22.49
22.49
84
32.52
EPSRp
37.10
35.47
34.48
38.01
36.67
40.20
42.31
39.87
44.43
44.32
35.50
3.86%
2.58%
—
20.96
EPS growth%
29.00
28.92
29.30
28.53
30.46
28.97
30.81
33.51
32.22
30.44
17.44
30.81
29.87
83
11.12
Bookvalue per shRp
5.82
5.50
5.34
5.64
6.19
6.28
5.52
5.64
6.26
6.92
26.99
2.27%
0.64%
—
22.87
FCF per shareRp
10.68
11.92
13.34
12.82
14.84
14.51
13.95
16.56
19.00
18.26
11.67
4.23%
5.02%
—
12.05
Dividend per shRp
16.66
18.87
19.10
22.24
24.15
25.63
24.91
26.63
27.21
31.22
14.99
5.27%
6.22%
—
19.46
Div yield (avg)%
8.64
7.87
7.65
8.73
8.49
10.95
10.47
13.13
13.27
15.21
4.47
13.13
9.60
32
10.83
Payout ratio%
17.81
17.36
16.10
18.36
17.14
20.02
21.84
20.07
22.83
21.55
20.48
21.55
19.19
84
33.98
Shares (diluted)B
24.29
22.67
24.16
22.12
20.08
19.12
16.66
16.03
15.24
14.88
33.09
(5.82%)
(6.20%)
52
17.07
Buyback yield%
12.72
15.28
15.62
17.14
16.73
16.24
18.02
18.00
20.85
18.13
5.00
18.02
16.93
63
1.765
D/E ratiox
1.119
1.108
1.118
1.097
1.169
1.078
1.071
1.044
0.961
1.046
0.920
1.046
1.087
38
1,444
Enterprise valueRp B
372.1
403.3
456.9
548.5
548.4
537.9
585.1
587.6
656.7
748.6
2,958
6.42%
7.72%
70
1,659
LT debtRp B
680.5
798.2
950.5
935.7
1,058
1,225
1,360
1,433
1,719
2,051
335.6
14.16%
12.84%
62
Cost of revenue
2.61%
1.00×
Operating expenses
1.96%
0.94×
Cash and investments
14.57%