569.3
RevenueRp B
319.3
341.8
366.3
388.8
412.1
449.8
486.3
523.9
552.3
586.1
593.2
7.30%
7.25%
50
19.29
Revenue growth%
10.85
11.40
12.33
10.05
8.43
7.03
7.17
5.26
5.98
5.06
21.44
5.98
7.80
61
9.23
Gross margin%
35.74
33.40
31.05
29.43
27.42
25.31
27.01
25.01
27.62
28.50
6.03
27.01
28.06
49
3.60
Operating margin%
9.52
11.87
12.99
15.20
12.86
11.71
14.01
11.25
9.17
8.20
6.15
11.25
11.79
49
17.85
Net margin%
16.97
15.75
15.25
17.36
15.47
13.12
13.16
13.28
13.87
14.76
17.33
13.28
15.01
82
27.02
P/E ratio (avg)x
30.33
30.58
34.29
36.75
37.80
39.95
42.06
40.71
45.08
50.44
20.24
42.06
38.88
21
16.15
EV/EBITx
18.24
16.22
16.24
15.08
14.44
12.36
12.81
11.43
11.41
10.58
31.80
11.43
13.62
78
13.25
FCF yield (avg)%
29.20
29.46
27.26
27.05
26.24
25.65
25.28
27.11
29.23
29.31
16.75
27.11
27.18
7
16.32
FCF margin%
9.75
8.39
6.32
6.84
7.55
7.94
9.35
10.48
8.09
6.05
19.08
8.09
8.01
33
0.625
FCF / Net incomex
0.295
0.297
0.303
0.305
0.344
0.378
0.369
0.432
0.455
0.459
1.260
0.432
0.357
23
21.95
ROIC%
15.52
16.00
13.29
12.48
14.99
12.29
14.66
16.60
13.64
16.20
10.15
14.66
14.83
14
3.66
Return on equity%
27.63
25.32
27.69
25.99
23.23
24.23
25.56
25.36
23.59
21.87
28.25
24.23
25.34
68
25.23
Return on assets%
11.09
11.90
12.64
10.64
13.14
13.51
13.69
14.18
14.15
16.39
29.51
14.15
13.33
29
32.62
EPSRp
34.96
38.68
44.58
50.46
51.89
59.31
63.96
73.04
78.30
86.26
33.42
10.70%
9.48%
—
18.90
EPS growth%
16.45
15.69
16.19
13.43
12.97
13.07
14.28
14.55
15.08
16.33
19.01
14.55
14.82
60
23.60
Bookvalue per shRp
18.50
17.70
16.53
17.50
15.47
15.34
14.07
13.65
13.14
14.34
32.39
(1.50%)
(2.46%)
—
23.89
FCF per shareRp
9.77
11.00
11.09
12.49
13.85
16.21
19.28
20.28
19.86
19.49
9.66
7.08%
8.95%
—
16.73
Dividend per shRp
51.15
57.86
60.89
72.26
76.96
91.16
99.92
104.45
122.37
130.34
33.00
11.11%
10.49%
—
11.92
Div yield (avg)%
1.15
2.59
4.86
2.97
2.39
1.52
1.57
0.40
0.40
0.40
11.03
0.40
1.55
89
5.92
Payout ratio%
25.96
25.08
23.13
22.77
20.70
18.26
19.62
17.79
18.61
16.51
29.77
18.26
20.16
44
9.612
Shares (diluted)B
9.974
11.16
11.11
11.74
11.90
12.49
13.46
12.86
12.64
11.98
9.163
0.14%
1.72%
95
19.78
Buyback yield%
14.48
15.53
13.08
14.24
13.88
13.23
15.29
13.74
14.38
15.86
24.88
14.38
14.31
65
0.789
D/E ratiox
2.073
2.305
2.410
2.557
2.683
3.004
3.093
3.634
3.729
4.369
0.455
3.634
2.843
62
424.3
Enterprise valueRp B
595.8
635.2
636.6
736.9
744.1
797.7
813.9
980.6
1,183
1,176
195.2
9.59%
8.77%
51
336.2
LT debtRp B
833.2
834.3
933.9
1,010
1,014
995.7
1,068
1,024
960.1
1,098
231.4
1.60%
4.12%
19
Cost of revenue
7.41%
1.01×
Operating expenses
7.13%
0.99×
Property and equipment
19.03%
Spread over hurdle
13.37%