2,614
RevenueRp B
4,714
4,824
4,968
4,981
4,996
5,071
5,060
5,262
5,409
5,477
2,889
1.86%
1.48%
79
24.98
Revenue growth%
6.25
3.34
4.29
4.86
4.85
4.08
1.17
0.40
0.40
0.40
29.77
0.40
3.71
60
5.87
Gross margin%
12.87
12.31
12.16
11.97
13.61
16.45
17.36
17.76
19.16
21.54
10.62
17.76
15.03
18
7.56
Operating margin%
11.98
10.16
7.41
6.91
3.92
6.02
4.75
2.62
2.34
1.54
18.28
2.62
5.39
33
7.47
Net margin%
6.35
5.94
6.65
4.27
3.94
3.33
1.58
4.57
2.85
4.92
28.43
3.33
4.42
18
31.61
P/E ratio (avg)x
50.34
51.71
56.49
56.54
55.60
64.26
73.53
79.17
76.37
88.82
34.94
76.37
60.40
84
33.50
EV/EBITx
10.03
10.62
11.95
12.90
14.27
13.97
14.44
14.33
15.81
16.36
32.01
14.44
14.12
46
15.93
FCF yield (avg)%
15.79
13.19
13.71
15.93
14.52
12.00
13.16
12.73
11.66
13.51
4.92
12.73
13.35
54
21.97
FCF margin%
31.97
31.66
33.07
33.29
33.78
31.87
31.18
34.04
36.94
38.57
21.06
34.04
33.18
74
1.723
FCF / Net incomex
1.224
1.095
1.043
1.108
0.987
1.065
0.954
0.820
0.884
0.839
0.769
0.884
1.015
80
21.85
ROIC%
8.61
9.78
8.40
7.75
9.99
12.48
14.05
14.93
13.16
10.38
25.37
13.16
10.18
94
21.81
Return on equity%
31.13
33.64
34.55
33.54
35.87
36.62
35.03
37.62
34.88
32.84
21.67
35.03
34.71
79
7.04
Return on assets%
6.79
8.58
5.72
3.40
3.40
3.50
1.12
0.93
2.78
2.13
9.63
2.13
3.40
87
166.39
EPSRp
350.47
382.56
386.35
374.54
433.90
477.22
525.10
549.44
637.34
632.35
176.31
7.82%
6.74%
—
24.15
EPS growth%
14.39
14.40
11.60
9.67
10.28
9.07
8.81
10.06
10.26
11.89
7.91
10.06
10.27
90
227.22
Bookvalue per shRp
267.18
248.26
233.09
214.94
210.40
224.70
246.41
272.24
247.66
264.58
234.11
4.69%
1.10%
—
174.95
FCF per shareRp
130.53
144.84
153.38
163.48
172.89
159.49
150.85
145.15
148.09
134.25
68.14
(4.93%)
0.35%
—
53.25
Dividend per shRp
245.78
292.29
342.39
361.53
376.89
454.80
482.18
543.12
629.75
733.57
69.37
14.25%
13.54%
—
8.89
Div yield (avg)%
5.20
5.38
7.82
7.14
7.16
8.06
6.34
5.54
4.95
7.60
7.41
6.34
6.74
89
9.56
Payout ratio%
24.60
22.61
19.79
16.86
14.29
15.29
14.87
16.19
16.68
16.88
26.15
16.19
16.77
42
16.71
Shares (diluted)B
20.90
21.33
20.62
20.51
23.46
23.76
23.87
26.42
30.83
33.24
15.96
7.22%
5.10%
91
24.09
Buyback yield%
30.32
29.48
31.39
34.24
35.38
36.47
33.50
31.10
31.33
28.64
21.09
31.33
31.36
58
1.051
D/E ratiox
0.504
0.548
0.532
0.470
0.498
0.452
0.450
0.467
0.429
0.434
0.509
0.450
0.468
49
1,354
Enterprise valueRp B
1,337
1,406
1,411
1,465
1,516
1,628
1,473
1,456
1,531
1,686
5,093
2.15%
1.18%
17
1,763
LT debtRp B
3,280
3,849
4,088
4,757
4,727
5,549
6,572
7,114
8,215
9,443
6,237
14.85%
11.25%
47
Cost of revenue
1.42%
0.99×
Operating expenses
1.54%
1.01×
Goodwill & intangibles
18.34%
Property and equipment
16.70%
Spread over hurdle
46.47%