3,691
RevenueRp B
4,130
4,214
4,299
4,217
4,182
4,200
4,202
4,214
4,297
4,293
3,802
0.53%
0.19%
47
26.93
Revenue growth%
7.01
4.78
2.45
0.60
0.40
0.40
0.40
1.26
1.16
0.40
24.87
0.40
0.88
26
29.62
Gross margin%
11.24
8.98
6.42
4.89
4.06
3.40
5.27
4.34
3.66
5.83
3.96
4.34
5.08
53
26.57
Operating margin%
27.01
26.08
25.26
27.72
25.85
26.51
27.36
30.33
27.34
28.36
6.70
27.36
27.17
94
20.63
Net margin%
33.56
31.08
33.05
33.79
35.28
33.14
35.55
36.78
35.14
34.87
24.98
35.14
34.33
21
35.13
P/E ratio (avg)x
17.53
17.74
17.02
17.88
17.93
16.95
16.56
16.08
16.23
16.96
10.70
16.56
16.99
68
18.38
EV/EBITx
33.00
33.15
32.08
37.28
42.20
47.13
54.34
51.61
54.34
53.51
32.77
53.51
44.66
56
25.51
FCF yield (avg)%
9.06
9.14
8.29
6.82
7.61
9.09
6.68
7.54
6.43
4.83
23.28
6.68
7.57
12
6.73
FCF margin%
18.59
18.59
18.59
19.05
19.17
19.53
21.48
21.42
23.01
25.70
6.52
21.48
19.35
20
1.322
FCF / Net incomex
1.879
1.899
2.097
2.251
2.209
2.328
2.781
2.763
2.784
3.235
0.487
2.781
2.290
8
9.28
ROIC%
29.78
30.27
30.05
28.13
25.70
27.54
26.30
23.91
25.47
26.10
22.15
26.10
26.92
65
29.49
Return on equity%
25.77
22.89
21.50
22.22
19.41
17.44
19.36
18.37
17.68
17.35
22.44
17.68
19.38
43
28.44
Return on assets%
17.55
14.90
12.77
14.95
16.16
16.22
18.45
20.11
18.60
16.49
4.89
18.45
16.35
94
240.24
EPSRp
97.83
94.91
92.93
87.51
95.49
89.71
88.53
94.67
101.22
97.47
257.49
0.41%
(0.01%)
—
2.74
EPS growth%
21.55
22.68
24.45
27.40
26.85
24.14
24.28
26.57
25.10
24.61
4.21
24.61
24.53
65
325.14
Bookvalue per shRp
107.65
126.37
140.94
154.68
166.54
175.94
183.77
214.56
214.65
211.09
318.86
4.85%
8.43%
—
44.19
FCF per shareRp
228.57
203.33
207.88
228.17
202.02
175.40
173.17
165.68
157.99
144.08
274.27
(6.54%)
(4.54%)
—
54.77
Dividend per shRp
133.62
140.94
170.00
187.14
207.54
241.66
236.29
282.99
284.16
307.97
78.58
8.21%
9.64%
—
13.36
Div yield (avg)%
17.40
16.42
14.68
17.33
19.38
20.98
22.99
22.00
22.31
25.24
29.75
22.31
20.18
85
7.11
Payout ratio%
6.32
7.03
6.01
3.23
4.97
7.01
6.11
7.70
7.28
9.22
23.36
7.28
6.67
31
10.85
Shares (diluted)B
11.21
10.39
9.074
8.803
7.678
6.748
5.819
5.048
5.332
5.411
10.60
(6.76%)
(6.64%)
24
15.32
Buyback yield%
16.19
16.13
15.95
16.07
14.93
14.62
15.34
17.36
16.10
14.80
15.82
15.34
16.01
22
0.156
D/E ratiox
0.183
0.186
0.206
0.230
0.244
0.253
0.252
0.295
0.333
0.360
1.111
0.295
0.248
38
3,673
Enterprise valueRp B
3,038
2,978
2,825
2,865
3,241
3,143
3,504
3,692
4,328
4,268
2,613
5.66%
3.57%
14
5,446
LT debtRp B
8,406
8,349
9,170
9,993
11,282
13,464
14,295
15,430
17,901
18,683
3,473
10.61%
8.29%
82
Cost of revenue
0.63%
1.05×
Operating expenses
(0.51%)
0.93×
Goodwill & intangibles
17.06%
Cash and investments
15.37%
Spread over hurdle
(0.38%)