18.46
RevenueRp B
52.37
57.44
60.88
65.05
69.95
73.50
77.36
83.74
89.69
96.81
19.21
6.72%
6.87%
93
20.35
Revenue growth%
10.93
8.83
9.53
11.15
13.10
13.17
11.50
13.39
13.32
10.50
19.21
13.17
11.33
27
14.84
Gross margin%
12.17
14.22
16.40
18.16
17.58
16.01
18.22
18.88
17.29
14.56
24.73
17.29
16.85
32
28.26
Operating margin%
2.73
2.04
3.18
3.08
3.07
0.58
2.15
0.40
0.40
0.40
16.18
0.40
2.10
54
11.41
Net margin%
31.55
33.86
32.23
32.14
31.42
28.96
30.93
30.91
28.45
27.04
16.58
28.96
31.17
89
11.95
P/E ratio (avg)x
28.33
31.77
31.75
29.62
28.06
24.86
26.78
25.23
28.18
28.43
37.48
26.78
28.26
25
14.49
EV/EBITx
8.013
7.516
7.268
7.614
7.676
6.727
6.425
6.939
7.082
6.601
19.38
6.727
7.175
74
12.02
FCF yield (avg)%
17.23
15.10
12.71
10.30
11.09
13.36
12.27
12.98
12.57
14.52
5.86
12.98
12.84
66
14.12
FCF margin%
24.90
22.37
19.47
18.81
16.87
14.73
14.47
14.94
14.78
16.12
7.14
14.78
16.49
82
0.483
FCF / Net incomex
0.965
0.889
0.844
0.730
0.646
0.590
0.521
0.484
0.518
0.560
0.525
0.521
0.618
7
11.65
ROIC%
37.18
35.96
35.42
33.89
32.39
29.67
29.21
27.57
28.73
27.53
4.37
28.73
31.03
33
22.52
Return on equity%
26.90
28.64
30.17
28.99
26.49
26.70
25.75
24.40
22.25
23.61
19.86
24.40
26.59
10
3.02
Return on assets%
11.82
11.35
13.32
10.46
11.70
12.54
11.60
14.44
15.70
13.32
18.70
13.32
12.18
55
1.74
EPSRp
10.95
12.35
12.36
13.29
14.13
14.52
15.37
16.73
18.87
19.19
1.87
6.32%
5.57%
—
15.43
EPS growth%
17.62
14.84
15.55
16.74
17.02
19.62
21.89
23.73
22.56
22.85
23.17
22.56
18.62
31
8.84
Bookvalue per shRp
11.01
11.71
13.23
12.46
12.00
11.83
11.60
12.49
12.69
12.56
7.46
0.91%
1.41%
—
4.70
FCF per shareRp
8.56
8.01
7.12
7.78
7.17
7.37
7.37
6.55
6.23
6.00
2.11
(3.50%)
(2.88%)
—
10.36
Dividend per shRp
14.04
14.09
14.39
16.24
18.71
22.46
25.43
28.26
29.20
34.54
7.30
13.04%
11.46%
—
7.91
Div yield (avg)%
32.16
30.18
29.76
31.04
32.72
30.76
32.74
30.50
31.06
30.61
23.88
30.76
30.90
18
7.59
Payout ratio%
24.65
25.27
25.57
28.12
27.50
28.55
30.36
27.68
28.07
27.91
20.21
28.07
27.80
72
5.928
Shares (diluted)B
7.650
8.529
10.18
10.47
10.53
12.61
12.68
13.64
14.94
15.33
5.812
7.80%
8.68%
67
16.41
Buyback yield%
22.59
21.00
18.64
21.31
19.29
21.54
24.48
23.47
21.03
19.50
2.28
21.54
21.17
17
0.133
D/E ratiox
0.168
0.177
0.201
0.225
0.263
0.281
0.335
0.385
0.394
0.419
0.695
0.385
0.272
38
38.09
Enterprise valueRp B
67.52
72.88
81.05
93.21
98.97
111.1
120.1
117.0
118.1
139.3
120.1
7.07%
8.84%
79
91.02
LT debtRp B
45.65
41.14
45.58
43.97
39.53
43.69
47.94
48.94
54.38
48.77
79.95
4.29%
0.71%
81
Cost of revenue
7.28%
1.04×
Operating expenses
6.46%
0.96×
Goodwill & intangibles
21.00%
Cash and investments
14.11%
Spread over hurdle
(3.62%)