539.0
RevenueRp B
285.7
309.2
335.8
359.0
391.7
420.3
438.6
463.8
498.7
529.8
553.0
6.23%
6.89%
38
22.31
Revenue growth%
28.36
30.24
30.21
30.27
29.99
29.69
28.39
28.08
26.53
27.67
9.41
28.08
29.04
28
4.71
Gross margin%
10.27
8.20
8.21
6.74
6.34
4.86
6.06
7.95
6.04
3.21
16.04
6.04
6.54
52
23.51
Operating margin%
22.86
23.51
24.02
25.06
23.86
25.00
26.82
28.17
28.61
31.14
20.46
28.17
25.03
8
15.00
Net margin%
18.73
19.81
17.06
17.67
15.87
16.02
15.03
13.70
15.92
15.57
19.85
15.57
15.97
7
27.87
P/E ratio (avg)x
35.22
40.92
40.23
41.39
40.48
40.65
43.90
43.95
41.13
45.83
26.96
43.90
41.02
48
8.717
EV/EBITx
36.57
34.20
34.21
29.68
31.18
33.55
32.87
33.15
34.12
29.79
11.17
33.15
33.35
72
6.51
FCF yield (avg)%
0.40
0.40
0.40
0.40
0.40
0.89
1.11
0.40
3.39
1.90
3.88
1.11
0.40
65
29.25
FCF margin%
26.07
27.34
24.89
27.87
29.27
27.97
27.39
28.21
30.31
32.01
22.24
28.21
27.92
61
1.141
FCF / Net incomex
0.659
0.656
0.678
0.701
0.619
0.614
0.551
0.586
0.594
0.626
1.427
0.594
0.622
25
20.66
ROIC%
10.98
12.61
15.55
13.96
15.30
17.58
18.58
20.15
22.51
23.71
4.01
20.15
16.56
27
20.42
Return on equity%
28.65
31.17
33.52
33.18
30.20
28.69
30.31
31.23
32.17
34.96
2.76
31.23
31.20
94
5.27
Return on assets%
17.83
18.86
18.24
20.21
19.92
19.77
21.71
22.67
21.55
19.05
19.62
21.55
19.85
95
9.91
EPSRp
10.46
9.85
10.00
10.76
10.71
11.91
10.89
10.90
10.09
9.34
10.24
(2.71%)
(2.23%)
—
5.89
EPS growth%
17.11
19.21
17.31
17.15
17.81
19.73
18.87
18.46
21.35
24.32
25.56
19.73
18.66
55
17.97
Bookvalue per shRp
12.39
13.20
13.03
12.51
10.62
10.29
10.27
10.42
9.52
10.00
36.21
(1.21%)
(3.15%)
—
37.39
FCF per shareRp
51.76
56.53
56.79
64.63
66.64
75.97
77.14
82.08
90.16
106.11
37.42
9.75%
8.50%
—
16.18
Dividend per shRp
14.36
14.15
13.19
13.53
12.87
13.99
15.11
13.52
14.15
13.40
32.71
0.81%
(0.88%)
—
14.89
Div yield (avg)%
25.67
22.99
23.83
21.79
19.63
22.50
22.29
22.99
23.89
23.11
3.93
22.99
22.99
58
2.04
Payout ratio%
7.26
5.55
7.81
6.27
7.63
5.13
3.81
6.34
9.10
11.47
6.82
6.34
6.80
56
7.620
Shares (diluted)B
6.887
7.112
6.231
6.111
5.754
5.252
5.493
5.654
6.100
5.743
7.269
(0.04%)
(1.33%)
70
6.12
Buyback yield%
14.50
17.08
16.48
15.58
16.31
13.48
13.17
14.27
13.22
10.33
5.73
13.22
14.38
80
0.852
D/E ratiox
0.505
0.582
0.580
0.633
0.720
0.828
0.925
0.927
0.949
0.927
1.791
0.927
0.774
17
93.38
Enterprise valueRp B
439.3
479.0
512.3
568.2
525.1
508.4
502.6
555.8
524.1
592.6
315.2
2.45%
2.12%
81
546.3
LT debtRp B
877.7
1,027
1,073
1,036
1,029
1,066
1,028
1,057
1,148
1,367
190.7
5.84%
5.07%
74
Cost of revenue
6.73%
0.98×
Operating expenses
6.94%
1.00×
Property and equipment
16.72%
Cash and investments
15.70%
Spread over hurdle
(5.13%)