153.7
RevenueRp B
231.2
250.2
260.0
269.5
280.8
292.3
308.1
330.9
356.4
381.2
169.9
6.30%
5.53%
27
18.44
Revenue growth%
15.48
16.12
14.26
14.01
13.70
13.57
12.62
13.98
12.56
12.08
12.34
12.62
13.84
38
14.65
Gross margin%
7.80
10.68
9.63
9.98
10.95
13.80
15.90
15.54
17.35
19.06
21.60
15.90
12.38
86
12.56
Operating margin%
9.53
9.02
7.97
5.39
8.12
9.10
10.58
9.69
7.62
8.80
11.44
9.10
8.91
17
12.38
Net margin%
8.29
9.14
11.04
12.79
12.28
13.74
14.03
11.86
11.96
13.91
9.40
13.74
12.12
62
17.57
P/E ratio (avg)x
41.21
43.17
41.71
47.73
53.27
51.82
52.24
50.06
50.19
49.72
14.05
50.19
49.89
26
36.15
EV/EBITx
8.365
9.090
9.578
10.55
10.50
11.64
10.39
10.05
10.07
10.22
37.18
10.22
10.14
77
9.80
FCF yield (avg)%
14.73
11.96
14.60
12.84
13.13
11.27
9.12
9.59
8.17
9.87
22.35
9.59
11.62
76
12.25
FCF margin%
12.59
11.38
12.35
11.84
13.32
10.68
9.87
7.98
9.37
7.70
10.00
9.37
11.03
65
0.720
FCF / Net incomex
1.091
1.236
1.340
1.278
1.177
1.234
1.141
1.281
1.420
1.623
1.526
1.281
1.257
77
21.75
ROIC%
27.18
26.48
25.05
25.53
27.85
27.08
25.91
24.91
24.67
23.75
15.42
24.91
25.72
40
4.49
Return on equity%
36.79
37.03
37.89
34.97
36.62
34.64
33.34
30.43
28.72
29.93
16.43
30.43
34.81
48
21.19
Return on assets%
23.38
22.92
22.97
24.53
24.07
25.75
24.55
26.50
29.27
27.93
13.98
26.50
24.54
44
37.15
EPSRp
58.39
65.62
71.93
67.56
73.29
80.38
77.62
78.55
89.01
88.73
40.11
3.90%
3.76%
—
23.51
EPS growth%
20.15
22.76
21.41
22.10
21.38
24.32
22.42
24.34
21.52
24.38
28.79
24.32
22.26
10
25.76
Bookvalue per shRp
72.92
79.56
90.21
87.61
93.16
90.19
91.54
102.66
106.48
111.63
96.83
3.68%
5.81%
—
104.07
FCF per shareRp
131.63
143.45
148.21
161.71
159.76
138.98
131.16
122.77
135.33
139.38
92.33
(2.69%)
(0.09%)
—
38.63
Dividend per shRp
101.73
97.26
94.81
97.31
107.83
124.15
129.50
136.54
151.66
150.01
56.23
6.83%
3.97%
—
7.63
Div yield (avg)%
21.97
21.92
21.99
22.51
19.71
22.37
22.50
20.74
23.56
21.79
28.27
22.37
21.98
8
26.18
Payout ratio%
7.38
5.64
6.07
8.42
7.25
5.59
3.63
4.81
6.76
7.29
22.32
5.59
6.41
65
1.954
Shares (diluted)B
3.485
3.802
4.247
5.124
5.523
5.710
6.740
6.769
7.590
8.717
1.978
9.56%
11.53%
77
22.42
Buyback yield%
18.00
20.30
22.08
21.54
22.59
19.70
20.90
18.74
18.00
17.48
24.06
18.74
20.00
13
0.857
D/E ratiox
0.318
0.298
0.290
0.301
0.303
0.292
0.320
0.321
0.330
0.357
1.639
0.321
0.310
68
135.4
Enterprise valueRp B
146.3
140.0
146.9
169.9
160.6
159.8
182.8
189.3
202.4
231.1
185.4
7.55%
5.88%
55
42.75
LT debtRp B
23.91
23.40
26.36
26.02
29.30
33.55
36.54
40.88
41.15
41.12
116.8
7.02%
5.71%
47
Cost of revenue
5.53%
1.00×
Operating expenses
5.58%
1.01×
Goodwill & intangibles
15.81%
Cash and investments
14.95%
Spread over hurdle
(6.39%)