852.7
RevenueRp B
4,007
4,282
4,537
4,814
5,045
5,214
5,570
5,920
6,311
6,546
886.4
5.34%
5.63%
92
18.38
Revenue growth%
5.58
4.75
5.63
5.38
3.67
0.87
0.94
1.82
0.40
0.40
12.26
0.87
2.75
84
19.72
Gross margin%
21.40
22.10
21.45
23.84
26.14
27.70
29.21
30.02
28.66
31.52
28.66
29.21
26.92
18
28.27
Operating margin%
28.15
28.91
26.98
27.61
28.03
27.64
29.74
31.28
32.31
34.07
2.22
31.28
28.53
46
27.29
Net margin%
5.58
3.65
0.94
0.40
0.40
1.73
2.40
3.89
5.76
4.33
13.79
3.89
3.03
14
23.54
P/E ratio (avg)x
35.86
38.09
41.78
47.35
48.05
45.02
51.05
52.08
49.75
50.28
35.35
50.28
47.70
83
29.49
EV/EBITx
58.42
62.59
69.60
75.39
75.30
74.39
81.90
95.24
111.3
115.4
34.39
95.24
75.34
14
21.82
FCF yield (avg)%
10.81
11.68
14.30
12.32
13.30
10.55
10.81
12.65
11.61
9.00
20.29
10.81
11.64
53
10.58
FCF margin%
14.67
13.76
15.75
13.72
16.69
16.31
18.93
21.31
18.47
18.04
18.50
18.47
16.50
28
0.856
FCF / Net incomex
0.841
1.010
1.031
1.034
1.223
1.416
1.619
1.657
1.755
2.026
1.661
1.657
1.320
85
21.63
ROIC%
17.90
18.33
19.68
20.71
23.65
22.04
23.37
21.31
21.03
18.81
10.59
21.31
20.87
93
21.13
Return on equity%
28.67
28.33
26.60
24.59
23.17
24.48
24.06
25.23
26.75
27.66
23.75
25.23
25.92
75
16.86
Return on assets%
15.97
14.90
16.36
16.21
17.03
16.13
18.64
20.11
17.81
19.42
26.44
18.64
16.70
77
56.23
EPSRp
223.16
230.49
256.88
287.45
284.49
315.50
363.74
414.94
411.15
455.76
62.73
9.88%
7.34%
—
4.28
EPS growth%
3.72
6.06
5.36
5.70
4.31
5.45
7.23
6.68
4.84
6.79
8.97
6.68
5.58
39
54.41
Bookvalue per shRp
186.34
214.58
213.58
222.75
224.73
260.91
261.75
312.18
321.60
325.39
21.44
7.68%
5.98%
—
138.65
FCF per shareRp
110.35
124.24
127.15
128.66
144.01
158.53
174.60
176.55
185.53
206.24
71.09
7.45%
7.16%
—
114.71
Dividend per shRp
74.18
71.64
69.83
61.47
53.24
57.03
58.04
58.21
54.29
47.03
83.16
(2.45%)
(4.69%)
—
18.41
Div yield (avg)%
13.13
14.44
12.28
14.69
15.08
15.80
14.17
16.61
16.61
14.36
21.16
15.80
14.56
52
3.86
Payout ratio%
3.08
6.03
6.83
6.72
7.27
5.20
7.97
7.77
5.54
4.43
7.38
5.54
6.37
44
18.35
Shares (diluted)B
28.24
30.38
29.70
32.78
38.56
39.19
42.03
49.72
57.95
63.17
18.13
10.37%
9.96%
72
7.84
Buyback yield%
15.02
15.27
18.12
15.42
16.92
18.40
16.63
13.99
11.81
9.69
15.62
13.99
15.34
36
1.407
D/E ratiox
0.231
0.218
0.202
0.211
0.198
0.196
0.203
0.202
0.199
0.185
0.668
0.199
0.202
11
1,579
Enterprise valueRp B
6,166
5,927
6,726
6,670
6,527
6,795
7,135
7,831
7,560
7,418
2,932
2.59%
2.51%
56
8,325
LT debtRp B
6,412
6,842
7,755
8,203
7,889
8,222
8,989
8,595
8,394
9,345
2,825
3.45%
4.68%
46
Cost of revenue
5.48%
0.99×
Operating expenses
6.01%
1.04×
Property and equipment
16.09%
Spread over hurdle
(3.74%)