225.5
RevenueRp B
283.2
297.6
306.8
321.7
343.4
361.3
372.5
395.8
409.6
428.6
247.3
4.54%
4.76%
35
19.15
Revenue growth%
24.82
27.02
29.66
29.39
30.55
31.23
30.76
28.21
27.89
26.86
12.89
28.21
28.80
6
19.50
Gross margin%
19.93
19.19
21.94
19.86
17.54
18.65
17.74
16.19
18.11
16.93
4.30
17.74
18.38
77
21.50
Operating margin%
10.90
12.20
10.75
13.43
12.09
10.63
11.19
13.37
11.86
10.81
18.72
11.19
11.52
37
7.27
Net margin%
23.43
25.66
24.29
26.35
27.66
26.52
24.42
23.22
23.34
25.66
26.90
24.42
25.04
48
27.76
P/E ratio (avg)x
19.78
17.97
19.37
19.18
17.11
16.90
16.31
17.05
18.54
16.91
20.97
16.91
17.54
41
13.03
EV/EBITx
22.51
21.94
22.00
24.92
25.39
30.00
32.04
36.34
42.20
41.24
21.29
36.34
27.69
49
9.47
FCF yield (avg)%
17.31
15.93
17.77
16.33
15.78
12.80
14.59
15.34
17.57
16.08
23.89
15.34
16.01
87
25.70
FCF margin%
19.57
19.14
21.54
20.31
20.33
19.87
19.40
21.48
23.54
23.32
20.90
21.48
20.32
7
0.388
FCF / Net incomex
0.351
0.412
0.466
0.537
0.631
0.715
0.715
0.823
0.959
0.915
1.659
0.823
0.673
15
15.93
ROIC%
10.76
11.07
12.28
12.14
13.38
13.41
13.13
10.97
12.27
14.43
2.17
13.13
12.28
85
16.25
Return on equity%
17.17
15.04
14.59
16.41
15.23
17.91
16.46
16.55
17.02
17.94
17.62
17.02
16.50
5
9.13
Return on assets%
12.96
12.06
11.25
10.40
10.81
10.99
10.83
10.88
9.21
7.46
15.54
10.83
10.86
58
33.82
EPSRp
34.16
34.96
36.65
33.37
31.13
33.68
30.70
31.62
32.64
30.22
34.89
(0.59%)
(0.93%)
—
20.47
EPS growth%
7.98
7.20
8.95
9.13
8.62
7.46
10.28
8.23
9.64
9.40
13.07
9.40
8.79
72
36.13
Bookvalue per shRp
9.57
10.46
9.37
8.70
7.66
8.12
8.06
7.62
6.74
5.87
22.07
(5.18%)
(5.58%)
—
5.09
FCF per shareRp
17.65
16.63
16.26
17.94
16.26
16.49
18.22
19.92
20.25
21.15
12.27
5.40%
1.38%
—
21.58
Dividend per shRp
11.17
11.75
13.00
13.17
13.46
14.27
14.99
16.85
17.73
20.51
6.71
8.79%
7.52%
—
22.85
Div yield (avg)%
33.79
36.61
35.29
32.57
34.05
35.73
35.58
35.73
34.16
36.93
12.75
35.73
35.44
65
11.22
Payout ratio%
23.36
24.08
26.52
28.54
29.78
30.90
30.64
27.91
25.32
23.22
21.46
27.91
27.21
10
5.333
Shares (diluted)B
7.802
7.655
7.600
7.857
8.356
8.740
9.740
11.03
10.42
11.79
5.054
7.13%
5.22%
26
9.42
Buyback yield%
4.23
1.99
0.40
2.58
2.01
2.55
2.09
0.77
1.98
0.49
7.52
1.98
2.00
32
1.407
D/E ratiox
0.527
0.475
0.520
0.553
0.608
0.603
0.533
0.550
0.575
0.628
0.598
0.575
0.551
10
170.3
Enterprise valueRp B
57.45
62.06
70.78
80.49
84.42
86.66
83.87
84.97
83.30
80.51
315.1
(0.94%)
3.05%
12
206.4
LT debtRp B
395.1
375.6
411.4
417.9
419.5
408.6
443.8
498.6
459.2
513.4
24.64
4.12%
1.99%
63
Cost of revenue
4.43%
0.97×
Operating expenses
4.94%
1.02×
Property and equipment
16.06%
Spread over hurdle
(3.09%)