154.8
RevenueRp B
108.1
116.1
120.5
125.9
130.4
136.9
144.1
155.5
165.8
177.2
161.4
6.32%
5.80%
27
16.52
Revenue growth%
30.94
30.09
32.67
29.89
30.45
28.90
30.25
29.68
31.99
29.77
14.13
29.77
30.17
92
14.78
Gross margin%
7.36
6.44
6.44
5.37
7.72
9.36
7.62
7.63
5.60
6.23
15.69
7.62
6.90
48
13.65
Operating margin%
12.07
12.35
12.78
11.97
11.90
13.67
15.69
15.24
14.47
16.64
14.23
15.24
13.22
61
23.73
Net margin%
19.86
18.06
20.11
22.99
22.02
20.70
19.60
16.85
18.04
19.83
5.89
19.60
19.85
62
36.18
P/E ratio (avg)x
54.04
61.18
59.36
57.64
63.80
68.17
68.34
74.18
82.65
90.79
31.50
74.18
65.99
44
28.56
EV/EBITx
31.23
37.12
35.91
38.61
40.04
42.12
49.96
59.58
69.04
80.22
31.53
59.58
41.08
14
28.30
FCF yield (avg)%
17.95
20.02
20.01
18.92
18.68
20.40
19.34
19.05
16.72
18.56
26.19
19.05
18.99
29
17.51
FCF margin%
0.40
1.14
1.82
4.41
7.13
4.13
2.21
2.44
4.03
2.51
28.58
2.51
2.48
82
1.550
FCF / Net incomex
0.637
0.706
0.806
0.869
0.917
1.065
1.036
1.013
1.084
1.227
1.074
1.065
0.965
87
26.98
ROIC%
6.44
5.44
7.73
5.39
2.98
2.79
4.21
7.04
6.90
8.67
12.44
6.90
5.94
60
19.81
Return on equity%
15.56
17.65
16.83
17.13
17.69
15.30
14.99
13.58
15.24
17.71
24.20
15.24
16.20
22
6.32
Return on assets%
19.60
21.93
19.40
19.01
18.92
17.14
19.07
16.20
17.13
14.59
27.68
17.13
18.97
30
22.39
EPSRp
36.30
39.22
36.49
34.71
33.32
30.29
34.39
33.26
31.71
29.48
24.06
(2.42%)
(2.23%)
—
23.37
EPS growth%
4.61
6.55
7.96
10.20
11.12
12.12
11.31
8.45
8.30
8.09
2.83
8.45
8.38
14
20.84
Bookvalue per shRp
19.56
22.56
22.10
23.57
22.98
24.32
24.34
26.51
30.26
29.41
27.68
5.06%
4.16%
—
11.07
FCF per shareRp
9.38
9.87
10.65
11.22
11.20
9.89
10.04
9.95
9.61
8.53
29.78
(5.29%)
(1.73%)
—
34.02
Dividend per shRp
27.46
28.46
30.54
29.05
30.81
30.89
32.31
34.21
33.29
34.12
14.92
2.07%
2.94%
—
3.05
Div yield (avg)%
11.28
9.99
11.72
9.40
10.88
12.60
13.34
14.59
15.04
13.06
19.17
13.34
12.16
56
23.52
Payout ratio%
24.54
26.81
27.45
28.11
29.38
28.80
31.79
30.93
29.39
31.02
17.43
30.93
29.09
80
5.808
Shares (diluted)B
6.322
7.014
6.501
6.135
5.832
6.218
7.088
7.199
8.051
8.814
5.604
8.61%
4.40%
74
18.67
Buyback yield%
5.23
7.90
8.55
6.82
5.39
6.18
9.02
11.37
11.86
11.07
11.46
11.07
8.23
46
0.693
D/E ratiox
1.756
1.722
1.979
1.910
1.798
1.880
2.093
2.133
2.451
2.576
0.291
2.133
1.944
20
189.8
Enterprise valueRp B
71.11
66.16
56.54
61.01
60.23
57.06
60.16
55.24
51.01
43.38
221.4
(6.35%)
(4.50%)
90
74.05
LT debtRp B
29.89
25.85
22.18
21.61
18.60
18.06
18.59
18.77
18.72
17.47
27.92
(1.24%)
(6.39%)
83
Cost of revenue
5.46%
0.97×
Operating expenses
6.85%
1.10×
Spread over hurdle
15.34%