1,879
RevenueRp B
1,663
1,763
1,915
2,012
2,181
2,362
2,479
2,690
2,853
3,095
2,100
7.25%
6.85%
60
3.71
Revenue growth%
10.26
11.88
11.15
9.72
8.33
6.61
4.65
2.58
2.61
1.23
15.00
2.61
7.47
38
12.39
Gross margin%
25.32
25.59
28.34
28.29
28.45
30.75
28.50
27.13
27.23
28.18
8.30
28.18
28.24
51
28.54
Operating margin%
5.78
5.04
2.42
0.40
1.11
3.70
3.58
5.02
2.08
0.40
25.69
3.58
3.00
74
3.70
Net margin%
3.08
3.05
3.80
5.38
6.24
9.03
11.51
8.81
11.23
11.98
6.38
11.23
7.52
74
33.67
P/E ratio (avg)x
28.74
29.01
29.38
31.52
33.92
36.76
36.09
33.62
34.19
33.62
30.92
34.19
33.62
69
17.38
EV/EBITx
43.46
51.97
51.75
52.86
63.85
63.06
62.55
62.79
70.84
77.95
29.66
63.06
62.67
63
23.89
FCF yield (avg)%
21.07
21.94
23.85
24.56
22.89
24.31
24.67
25.23
27.92
27.04
19.62
25.23
24.44
28
21.80
FCF margin%
7.24
7.13
4.70
2.79
5.43
6.62
9.35
9.70
6.90
4.43
29.70
6.90
6.76
78
1.160
FCF / Net incomex
1.446
1.707
1.986
2.055
2.449
2.363
2.523
2.863
2.861
3.160
1.701
2.861
2.406
39
6.90
ROIC%
13.50
12.56
14.65
15.92
15.56
13.18
12.25
9.63
11.62
8.79
9.04
11.62
12.87
92
6.61
Return on equity%
26.37
28.34
30.32
28.32
28.88
31.23
29.26
29.35
28.87
30.06
26.09
29.35
29.07
22
16.05
Return on assets%
22.35
19.59
22.30
19.58
21.85
20.79
19.34
21.83
19.65
16.94
4.30
19.65
20.22
9
434.49
EPSRp
337.86
340.93
308.29
274.35
301.80
326.75
310.56
290.60
280.54
311.10
477.91
0.61%
(1.11%)
—
15.66
EPS growth%
5.40
3.87
2.68
2.87
5.44
3.75
2.56
5.50
4.64
5.09
15.24
4.64
4.26
49
715.18
Bookvalue per shRp
509.48
582.32
588.62
613.61
659.99
633.45
714.46
780.45
848.15
877.20
475.40
5.86%
5.39%
—
354.35
FCF per shareRp
100.69
92.61
103.91
107.98
99.42
110.01
102.76
99.83
89.70
98.37
835.67
(0.21%)
(1.16%)
—
320.09
Dividend per shRp
788.50
890.11
936.72
940.42
951.46
1,003
1,078
1,056
1,024
1,192
246.04
4.61%
5.92%
—
20.05
Div yield (avg)%
33.72
35.98
36.15
33.67
35.83
34.23
34.41
32.02
34.45
32.93
14.80
34.23
34.32
66
21.15
Payout ratio%
17.86
18.66
21.61
24.09
22.55
23.47
25.83
24.29
25.44
24.90
18.97
24.90
23.78
49
1.971
Shares (diluted)B
1.850
1.811
1.793
1.794
1.971
1.787
1.721
1.843
1.674
1.821
2.042
(1.57%)
0.14%
17
2.62
Buyback yield%
29.99
31.50
32.08
32.34
35.31
33.29
34.70
35.47
38.02
37.83
19.41
35.47
34.00
80
0.988
D/E ratiox
1.698
1.597
1.710
1.642
1.575
1.544
1.584
1.511
1.650
1.728
1.549
1.584
1.619
69
140.0
Enterprise valueRp B
1,250
1,338
1,238
1,176
1,034
995.2
932.8
841.5
770.0
810.2
2,307
(4.76%)
(5.21%)
19
388.8
LT debtRp B
883.3
1,039
1,094
1,280
1,414
1,647
1,836
1,924
1,842
1,846
179.4
5.47%
9.35%
75
Cost of revenue
6.76%
0.99×
Operating expenses
6.22%
0.94×
Property and equipment
18.99%
Spread over hurdle
11.42%