571.2
RevenueRp B
820.6
830.2
828.6
839.4
861.4
896.0
924.0
932.2
970.5
988.5
639.8
2.79%
1.98%
48
7.49
Revenue growth%
11.02
10.13
10.07
8.87
9.29
6.31
5.46
5.40
4.81
5.95
20.23
5.46
7.59
63
2.40
Gross margin%
31.50
32.25
33.24
34.85
37.27
37.20
39.05
39.23
40.26
43.06
24.48
39.23
37.23
53
15.16
Operating margin%
9.84
12.05
11.44
11.44
9.49
7.40
8.62
8.70
8.64
9.49
4.45
8.64
9.49
69
24.56
Net margin%
2.41
3.95
2.67
0.71
0.40
0.40
1.50
0.40
0.74
0.40
15.06
0.40
0.72
72
15.12
P/E ratio (avg)x
41.19
37.93
41.26
40.95
42.91
42.24
38.07
39.94
40.82
39.43
12.37
39.94
40.88
10
19.19
EV/EBITx
20.10
20.06
19.32
20.93
22.50
20.69
19.58
17.91
17.26
15.44
13.91
17.91
19.82
49
27.62
FCF yield (avg)%
28.27
28.41
30.56
29.12
31.29
31.29
33.38
31.40
28.45
28.64
2.16
31.29
29.84
14
24.28
FCF margin%
11.71
10.53
7.85
9.24
10.40
11.81
12.79
15.73
15.11
17.97
25.25
15.11
11.76
15
0.105
FCF / Net incomex
1.038
1.073
1.050
1.187
1.293
1.256
1.294
1.447
1.444
1.590
0.588
1.444
1.274
41
13.09
ROIC%
7.60
4.68
2.47
0.48
0.40
0.40
0.40
0.73
0.40
0.40
13.24
0.40
0.44
86
18.16
Return on equity%
8.69
9.77
11.33
10.57
10.75
8.03
10.41
13.18
12.43
13.63
24.12
12.43
10.66
28
28.90
Return on assets%
10.65
13.58
15.82
16.92
16.61
14.91
12.44
12.13
12.90
13.53
19.74
12.90
13.56
72
146.61
EPSRp
177.97
162.40
162.80
151.78
156.24
147.15
160.48
178.38
172.45
177.20
149.59
2.55%
(0.97%)
—
15.76
EPS growth%
25.32
26.33
26.08
26.44
29.19
29.02
31.51
32.90
32.58
32.31
21.82
32.31
29.11
31
72.69
Bookvalue per shRp
367.11
321.41
301.21
321.34
325.02
301.41
260.69
278.94
269.02
293.75
153.23
(2.00%)
(1.63%)
—
218.79
FCF per shareRp
240.89
246.82
253.68
262.68
221.81
238.09
222.35
222.46
194.12
204.74
344.43
(1.59%)
(2.36%)
—
115.07
Dividend per shRp
55.13
52.59
52.31
58.51
55.64
62.86
72.02
75.14
81.32
79.26
86.19
7.33%
4.06%
—
22.55
Div yield (avg)%
10.18
7.26
8.89
9.42
10.50
12.86
11.82
12.74
14.23
15.37
28.02
12.86
11.16
51
7.04
Payout ratio%
17.57
18.25
17.84
19.93
22.43
21.89
23.98
21.73
18.81
19.00
29.18
21.73
19.46
92
2.033
Shares (diluted)B
2.288
2.576
2.920
3.332
3.653
3.500
3.504
3.361
3.560
3.891
2.122
1.27%
6.00%
71
29.25
Buyback yield%
16.43
18.61
18.96
16.27
18.14
17.76
17.77
18.68
21.02
24.02
23.72
18.68
18.38
50
0.607
D/E ratiox
2.039
2.061
2.212
2.556
2.505
2.914
3.175
3.454
3.352
3.447
1.260
3.352
2.735
66
827.0
Enterprise valueRp B
833.3
796.4
833.0
834.9
964.8
1,094
1,254
1,456
1,493
1,574
360.4
10.29%
7.80%
57
381.4
LT debtRp B
770.3
757.2
798.7
897.4
989.8
1,088
1,126
1,149
1,133
1,130
492.8
2.68%
3.41%
54
Cost of revenue
1.92%
0.99×
Operating expenses
2.77%
1.08×
Cash and investments
15.74%
Spread over hurdle
(1.65%)