73.99
RevenueRp B
92.02
100.5
108.5
115.6
126.8
136.4
148.0
160.8
177.1
188.0
77.73
8.20%
8.16%
25
17.30
Revenue growth%
21.31
22.19
23.01
21.66
24.26
21.40
23.86
21.81
20.44
21.30
22.27
21.40
21.73
43
6.04
Gross margin%
18.31
20.77
21.86
18.90
18.58
16.39
15.19
14.02
12.85
12.94
28.61
14.02
17.35
86
14.50
Operating margin%
27.83
30.45
28.48
27.11
28.52
28.70
26.09
27.12
29.52
32.07
27.14
28.70
28.50
24
28.91
Net margin%
4.65
5.42
5.36
6.84
7.40
9.80
11.84
14.35
16.27
13.93
8.46
13.93
8.60
83
16.13
P/E ratio (avg)x
34.64
39.67
42.62
44.59
41.96
41.11
39.83
43.75
42.49
46.60
8.806
42.49
42.23
56
31.36
EV/EBITx
44.18
43.76
41.94
44.83
43.79
44.79
41.95
45.05
47.31
53.31
36.01
45.05
44.48
76
28.39
FCF yield (avg)%
5.96
7.73
5.73
5.76
7.11
9.18
6.24
3.78
5.57
4.55
7.75
5.57
5.86
57
21.16
FCF margin%
24.10
21.72
21.47
22.80
19.80
16.90
18.46
20.38
21.91
24.59
23.76
20.38
21.60
58
0.441
FCF / Net incomex
0.578
0.533
0.493
0.529
0.556
0.488
0.503
0.520
0.458
0.500
0.189
0.500
0.512
86
23.46
ROIC%
13.98
16.93
19.24
21.16
20.12
17.75
19.11
18.62
16.68
15.98
28.77
17.75
18.19
89
7.56
Return on equity%
18.58
19.11
20.15
17.98
15.45
13.95
13.82
16.21
18.70
19.77
26.67
16.21
18.28
72
25.08
Return on assets%
10.48
8.91
11.81
10.86
9.72
10.81
11.21
8.91
11.14
8.49
24.18
10.81
10.65
30
20.84
EPSRp
31.25
31.90
31.51
30.99
31.75
31.04
34.98
40.48
45.60
43.11
23.25
6.30%
4.67%
—
11.28
EPS growth%
2.92
0.95
3.39
2.07
0.40
0.40
0.57
0.40
0.40
1.21
24.04
0.40
0.76
50
31.68
Bookvalue per shRp
9.62
8.69
7.38
7.59
7.99
7.56
7.22
6.41
6.66
5.95
28.43
(5.73%)
(4.36%)
—
13.73
FCF per shareRp
15.91
17.14
17.28
18.54
19.17
20.85
20.37
21.24
24.15
22.52
31.09
3.28%
4.97%
—
31.15
Dividend per shRp
10.18
12.32
13.92
16.79
17.71
18.90
18.73
19.86
20.51
20.24
15.41
2.70%
8.49%
—
8.09
Div yield (avg)%
29.62
28.05
29.95
32.61
30.05
27.26
27.31
25.28
25.13
23.96
19.46
25.28
27.68
55
12.21
Payout ratio%
14.84
12.03
10.14
12.46
14.32
17.24
19.48
18.22
15.38
13.02
26.49
17.24
14.58
66
1.912
Shares (diluted)B
2.053
2.235
2.537
2.752
2.612
2.535
2.687
2.580
2.807
3.046
1.994
3.12%
4.87%
92
10.83
Buyback yield%
6.10
4.55
2.23
4.54
5.89
3.74
1.77
2.98
5.54
5.26
11.03
3.74
4.55
48
0.951
D/E ratiox
0.132
0.137
0.142
0.146
0.161
0.150
0.168
0.152
0.149
0.158
1.205
0.152
0.150
72
17.58
Enterprise valueRp B
114.1
112.7
118.6
139.8
151.9
170.3
187.6
209.5
244.9
230.8
137.5
8.72%
6.91%
79
70.47
LT debtRp B
79.15
73.48
74.37
82.81
75.99
79.21
71.85
72.33
79.92
89.81
28.51
3.40%
1.56%
29
Cost of revenue
8.46%
1.03×
Operating expenses
7.68%
0.96×
Goodwill & intangibles
18.98%
Spread over hurdle
12.72%