692.9
RevenueRp B
885.6
905.6
912.7
931.6
954.4
959.9
995.2
1,024
1,039
1,056
729.4
2.05%
2.09%
36
10.64
Revenue growth%
32.60
32.90
33.17
31.14
29.41
27.04
24.88
24.03
25.23
27.16
24.65
25.23
28.28
73
4.68
Gross margin%
19.02
16.30
18.25
20.37
21.95
21.55
23.83
25.05
23.76
26.64
14.31
23.83
21.75
33
9.82
Operating margin%
12.79
12.01
10.67
10.28
8.64
10.14
11.51
12.21
9.63
7.01
13.76
10.14
10.48
45
20.34
Net margin%
13.05
13.09
14.45
14.92
16.76
14.38
14.43
15.90
16.15
13.48
10.95
14.43
14.44
6
13.61
P/E ratio (avg)x
36.54
39.21
37.05
36.17
37.22
35.70
34.28
30.60
33.54
32.12
23.14
33.54
35.93
59
36.62
EV/EBITx
20.49
17.79
17.16
17.34
15.32
16.27
15.36
15.20
16.02
15.91
24.51
15.91
16.14
80
17.76
FCF yield (avg)%
11.00
9.54
10.41
11.13
11.61
12.85
12.06
12.70
12.73
14.23
2.51
12.73
11.83
21
21.20
FCF margin%
10.42
8.55
8.14
9.86
8.90
10.63
8.97
8.77
10.27
9.26
5.98
9.26
9.12
36
0.711
FCF / Net incomex
1.240
1.212
1.102
1.214
1.179
1.287
1.296
1.188
1.302
1.213
1.007
1.287
1.214
9
8.34
ROIC%
9.40
8.64
7.09
8.14
8.09
6.71
4.68
3.94
1.54
4.14
15.35
4.14
6.90
50
11.83
Return on equity%
21.75
22.70
22.92
24.12
21.29
23.00
20.50
18.07
18.89
20.88
9.65
20.50
21.52
48
20.22
Return on assets%
14.38
12.95
13.22
12.71
11.11
10.31
12.57
12.04
9.49
11.91
15.49
11.91
12.31
67
49.06
EPSRp
40.14
39.78
41.23
42.24
43.56
49.16
54.47
60.98
62.55
68.14
51.59
9.36%
6.76%
—
18.53
EPS growth%
6.86
4.95
3.07
1.06
1.30
2.20
4.80
4.77
3.20
0.89
11.91
3.20
3.13
90
35.51
Bookvalue per shRp
14.77
15.48
16.87
17.50
16.13
17.79
19.57
17.46
17.25
18.36
38.36
2.63%
2.31%
—
12.67
FCF per shareRp
22.09
23.79
22.61
20.70
20.83
22.47
19.93
21.18
19.27
17.35
63.95
(3.59%)
(3.46%)
—
62.44
Dividend per shRp
33.44
39.36
46.27
49.93
58.48
57.97
62.43
73.47
73.15
85.75
12.88
7.95%
11.33%
—
26.49
Div yield (avg)%
3.82
6.75
5.98
3.63
4.29
6.52
7.40
6.30
9.00
6.97
9.78
6.97
6.41
73
20.82
Payout ratio%
31.64
32.77
29.78
28.88
29.62
30.51
27.60
24.65
23.93
26.16
24.32
26.16
29.25
88
9.332
Shares (diluted)B
11.14
10.79
10.83
10.34
10.94
11.87
13.23
13.48
13.26
14.39
9.336
5.64%
1.74%
20
26.28
Buyback yield%
6.57
8.39
8.76
6.43
4.22
1.28
1.40
1.93
0.40
1.81
16.06
1.40
3.07
13
1.522
D/E ratiox
0.721
0.699
0.644
0.713
0.735
0.687
0.704
0.660
0.664
0.694
1.045
0.687
0.696
49
204.4
Enterprise valueRp B
1,296
1,488
1,705
1,924
2,061
2,231
2,622
2,716
2,977
3,202
801.4
9.21%
10.17%
54
817.1
LT debtRp B
822.4
715.7
757.5
767.7
718.8
731.7
799.5
743.2
794.6
825.1
424.2
2.80%
(0.17%)
37
Cost of revenue
2.01%
0.99×
Operating expenses
2.27%
1.02×
Cash and investments
17.71%
Spread over hurdle
(0.92%)