4,471
RevenueRp B
2,714
2,924
3,040
3,168
3,435
3,673
3,908
4,171
4,336
4,663
4,987
6.30%
6.35%
62
16.00
Revenue growth%
20.03
19.70
19.87
17.38
17.31
16.74
16.74
14.56
12.36
11.35
10.70
14.56
17.02
70
23.04
Gross margin%
36.32
36.63
37.81
40.23
37.38
36.02
35.90
38.11
36.50
34.51
22.12
36.02
36.56
38
27.85
Operating margin%
8.83
7.12
8.64
6.62
6.69
6.42
8.35
10.37
10.58
8.25
15.34
8.35
8.30
76
17.55
Net margin%
5.60
2.92
0.40
0.99
0.55
2.73
1.69
2.71
2.43
1.04
24.38
2.43
2.06
7
7.095
P/E ratio (avg)x
50.05
51.85
54.22
63.70
64.44
63.74
62.15
71.78
72.52
79.22
8.522
71.78
63.72
57
7.473
EV/EBITx
17.68
18.43
16.17
16.33
16.04
16.94
15.59
15.38
15.70
13.80
32.12
15.59
16.11
61
18.78
FCF yield (avg)%
26.74
25.78
24.86
26.73
28.18
30.56
30.48
27.98
29.12
28.62
10.89
29.12
28.08
6
9.13
FCF margin%
5.52
7.65
10.38
7.87
6.44
4.46
1.96
1.69
3.85
5.22
3.78
3.85
5.37
57
1.124
FCF / Net incomex
1.056
1.037
1.164
1.263
1.482
1.675
1.874
1.878
1.821
2.001
0.995
1.874
1.579
51
21.66
ROIC%
21.82
22.60
20.05
22.67
23.37
25.01
26.20
28.55
28.44
27.84
17.12
27.84
24.19
60
12.26
Return on equity%
7.88
9.32
10.08
12.30
12.58
12.40
10.28
7.32
5.53
7.39
23.19
7.39
9.70
84
12.94
Return on assets%
19.42
17.67
16.75
15.88
14.66
11.90
14.69
11.94
14.35
11.49
26.98
11.94
14.67
63
31.83
EPSRp
40.96
36.64
32.20
29.47
31.38
33.93
31.75
32.10
35.00
32.59
34.35
0.76%
(3.62%)
—
7.95
EPS growth%
6.96
5.22
5.91
6.87
7.33
4.57
6.84
7.42
5.84
5.92
12.67
5.92
6.38
15
19.88
Bookvalue per shRp
65.37
64.43
69.93
70.91
79.84
92.82
108.99
113.02
114.30
116.50
34.18
7.85%
7.41%
—
37.68
FCF per shareRp
13.43
12.96
14.00
14.64
15.65
17.10
15.44
15.04
14.38
13.25
20.96
(3.27%)
(0.65%)
—
15.57
Dividend per shRp
6.14
5.67
6.01
5.76
5.26
5.08
4.79
5.20
4.76
4.56
13.12
(2.79%)
(4.23%)
—
2.72
Div yield (avg)%
1.28
0.40
0.40
0.40
0.40
0.44
0.95
0.40
2.20
4.80
10.89
0.95
0.42
51
20.74
Payout ratio%
26.03
26.08
27.68
28.97
29.82
32.13
33.37
36.19
37.45
38.74
23.61
36.19
30.97
37
60.08
Shares (diluted)B
52.86
57.47
56.27
55.61
52.03
49.03
49.02
54.53
53.42
53.65
61.51
0.62%
(0.81%)
35
20.71
Buyback yield%
19.93
21.81
22.44
24.86
26.94
28.00
28.62
25.87
25.48
23.02
16.59
25.87
25.17
92
0.896
D/E ratiox
0.832
0.801
0.944
1.073
1.055
1.198
1.392
1.537
1.766
1.699
1.465
1.537
1.136
39
1,582
Enterprise valueRp B
2,333
2,626
3,143
3,302
3,587
3,677
4,149
4,566
4,654
4,906
1,614
6.46%
8.86%
41
4,225
LT debtRp B
1,343
1,379
1,553
1,800
1,963
2,353
2,640
2,703
2,952
3,431
841.2
11.81%
10.14%
18
Cost of revenue
6.35%
1.00×
Operating expenses
6.39%
1.00×
Spread over hurdle
(7.61%)